# Total Supply

> The maximum number of coins or tokens that will ever exist for a project.

Canonical URL: https://business.fudfomo.co/glossary/total-supply
Source: What The Block! Dictionary v1.0 (last updated 2026-04-25), browsable at https://wtb.fudfomo.co.

## Definition

Total supply is the cap on how many units of a coin or token can ever be created. Bitcoin's total supply is 21 million. Some tokens have no fixed cap and instead issue new units over time.

A big gap between circulating supply and total supply is a signal to look at the vesting schedule. New tokens entering the market over time can push the price down even if interest in the project is steady.

## Related terms

- [Circulating Supply](https://business.fudfomo.co/glossary/circulating-supply): How many coins or tokens are actually in the market right now and free to trade.
- [Market Cap](https://business.fudfomo.co/glossary/market-cap): The current price of a coin multiplied by how many are in circulation. A rough size measure.
- [Vesting](https://business.fudfomo.co/glossary/vesting): A schedule that releases tokens to founders, investors, or staff gradually over time.
- [Tokenomics](https://business.fudfomo.co/glossary/tokenomics): The economic design of a token: total supply, how it is distributed, and how it changes over time.

## See the full catalogue

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