Home › Glossary › Circulating supply

Circulating supply: definition and meaning

Circulating supply is the number of coins that are currently available to trade, as opposed to locked or not yet issued.

Why it matters

It is used to calculate market capitalization.

Related terms

• Market capitalization
  Market capitalization is a coin's price multiplied by its circulating supply. It is a roug…
• Fully diluted valuation
  Fully diluted valuation (FDV) is price multiplied by the maximum or total future supply of…

Educational content only, not financial advice.