The number of tokens currently in public hands, excluding locked, reserved or unissued supply.
Last verified 13 September 2026 · written by the DexLadder team
What it means
The number of tokens currently in public hands, excluding locked, reserved or unissued supply.
Why it matters when you trade
Circulating supply is the float, and float drives both market cap and how violently price reacts to flow. A small float with a large locked remainder produces flattering headline caps and a scheduled supply of future sellers. Reading the unlock calendar tells you more about the next six months than most chart analysis does.
Worked example
A token with 8% circulating and monthly unlocks from a team allocation faces continuous supply that no chart pattern anticipates.
See it on live markets
DexLadder runs circulating supply against live market and pool data, with simulated capital, so you can watch it act on an order instead of reading about it — no account, no wallet, nothing installed.