Glossary
What is Total supply?
Total supply is the number of tokens that currently exist for a contract — every minted token minus every burned token.
Total supply changes only when tokens are minted (created) or burned (destroyed). It is distinct from circulating supply, which excludes tokens locked, vested, or held in treasury.
On Monmint you set the initial supply when you deploy a token. If the contract is mintable you can increase supply later; burning tokens or LP tokens reduces it permanently.
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Related terms
- MintingMinting creates new tokens and adds them to the total supply; only an address with mint permission on the contract can do it.
- Token burningBurning permanently removes tokens from circulation by sending them to an address no one controls, lowering total supply for good.
- Crypto tokenA crypto token is a unit of value recorded by a smart contract on a blockchain; on EVM chains most tokens follow the ERC-20 standard.