Search
Results for “Token unlock vs Circulating supply”
Token unlock
A token unlock is the scheduled release of tokens that were locked or vesting, often those reserved for a project's team, early backers or treasury. Once unlocked, the holders can sell or move them, and the circulating supply grows.
What it means for you. An unlock can put a large number of tokens in new sellers' hands on a known date. A project's disclosures say how much of the supply is subject to vesting or lock-ups; compare the next unlock with the current circulating supply to see how much it could add.
Source: SEC: Statement on Offerings and Registrations of Securities in the Crypto Asset Markets · checked 4 October 2026
Circulating supply
Circulating supply is the number of a token's units that exist and are free to trade now. It leaves out units that are locked, still vesting, held back in a treasury or not yet created, so it is usually smaller than total or maximum supply.
What it means for you. Market cap is usually calculated from circulating supply, so the same price can show a much smaller figure than fully diluted valuation. When locked units are released, circulating supply rises; the project's own disclosures say how much is reserved and when it vests.
Sources: SEC: Statement on Offerings and Registrations of Securities in the Crypto Asset Markets, FINRA: Market Cap Explained · checked 4 October 2026