Circulating Supply ni Nini

Na Alexander Bennett  ·  Imesasishwa June 5, 2026

Jinsi circulating supply inavyofanya kazi

Circulating supply ni idadi ya sarafu zinazopatikana sasa na zinazofanyiwa biashara sokoni, bila kujumuisha tokens zilizofungwa, zilizotengwa, au ambazo bado hazijatolewa. Ni takwimu inayotumika kuhesabu market cap, kwa sababu ni sarafu zinazoweza kununuliwa na kuuzwa pekee zinazohesabika kwenye thamani inayouzika ya mradi. Inaweza kukua kwa muda tokens zilizofungwa zinapokomaa na sarafu mpya zinapotolewa.

Mfano wa vitendo

Token ina circulating supply ya sarafu milioni 100 kwa $2 kila moja, market cap ya $200 milioni. Lakini ugavi wake wa juu zaidi ni bilioni 1, ikimaanisha milioni 900 bado zimefungwa au hazijatolewa. Tokens hizo zinapofunguliwa kwa miaka ijayo, circulating supply hukua, na isipokuwa mahitaji yakue kwa kasi ile ile, ugavi huo mpya huelemea bei. Cap ndogo ya leo inayozunguka inaweza kuficha mafuriko ya ugavi wa baadaye.

Kwa nini circulating supply inajalisha

Kulinganisha circulating supply na max supply hukuambia dilution ngapi ya baadaye inakuja. Sarafu yenye ugavi wake mwingi tayari unaozunguka hukabili shinikizo dogo la kufunguliwa; ile yenye sehemu ndogo inayozunguka inaweza kukabili miaka ya kuuza tokens zinapokomaa. Kwenye Volity, kuangalia uwiano huu kabla ya kupima nafasi ni sehemu ya kusoma tokenomics kwa uaminifu.

Kwa nini ni muhimu

Circulating supply ni kipimo chini ya market cap na ufunguo wa kugundua dilution ya baadaye iliyofichwa, hivyo kuhukumu sarafu bila yake kunaweza kufanya token iliyofungwa sana kuonekana rahisi zaidi kuliko ilivyo. Isome kando ya max supply. Yanayohusiana: max supply na market cap.

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