Supply (listing)

This is how we caluculate the total supply and the circulating supply for a token (resource address).

The data is taken directly from the Radix ledger via our own Node and Gateway and therefore real-time.

Total Supply

The Total Supply of a resource is the overall available amount of it on the ledger, meaning how much of the token was minted - how much was burned. It therefore includes tokens that are e.g. locked, staked or put into liquidity pools.

Circulating Supply

The Circulating Supply is the amount of tokens that is actually available.

Therefore locked tokens need to be removed from the overall available amount.

As this can be a flexible value, we ask the token owners to provide the account addresses that hold locked token (e.g. team tokens) and calculate the balance of the resource in those accounts.

The total balance of those accounts is then reduced from the Total Supply.

The list of those accounts is maintainable in case there are changes over time. We always consider the latest available version.

Furthermore the locked tokens on Radlock are reduced from the circulating supply.

Definitions

The circulating supply refers to the number of cryptocurrency coins or tokens that are publicly available and circulating in the market, excluding those that are locked or vested.

• Circulating Supply = Total Supply - Locked/Vested Wallets (CG)

Assets that are locked (via smart contracts or legal contracts), allocated to insiders (e.g. teams or private investors), or not sellable on the public market are generally not regarded as circulating, regardless of whether they are unlocked. (CMC)