Are you searching for the simplest strategy to get the total provide of a token? In that case, you’re in the correct place. This information will present you easy methods to effortlessly entry the total provide of a token utilizing Moralis – the {industry}’s main Web3 information supplier. At Moralis, we’ve got enriched our ERC-20 endpoints with in-depth metadata, guaranteeing you mechanically obtain the total provide of a coin when querying token balances, metadata, and extra. Keen to leap straight into the code? Right here’s an instance exhibiting our token metadata endpoint in motion:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/erc20/metadata?chain=eth&addressespercent5B0percent5D=0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
By calling the endpoint above, you’ll obtain the metadata of the desired token, together with two central parameters: total_supply and total_supply_formatted. Right here’s an instance of what it seems like:
[
{
address: ‘0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48’,
address_label: ‘USD Coin (USDC)’,
name: ‘USD Coin’,
symbol: ‘USDC’,
decimals: ‘6’,
logo: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
logo_hash: ‘442b80bd16af0c0d9b22e03a16753823fe826e5bfd457292b55fa0ba8c1ba213’,
thumbnail: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
total_supply: ‘25373535439531383’,
total_supply_formatted: ‘25373535439.531383’,
fully_diluted_valuation: ‘25405862477.92’,
block_number: ‘19888348’,
validated: 1,
created_at: ‘2018-08-03T19:28:24.000Z’,
possible_spam: false,
verified_contract: true,
categories: [
‘Exchange-Issued Asset Tokens’,
‘Platform-Based Utility Tokens’,
‘Stablecoins’
],
hyperlinks: {
//…
}
}
]
That’s it! Getting the total provide of a token with Moralis is that straightforward. In case you’d prefer to study extra about how this works, try our official Token API documentation web page or proceed following alongside on this information.
Additionally, if you wish to leverage our APIs, don’t overlook to enroll with Moralis. You possibly can create an account freed from cost and achieve on the spot entry to our premier suite of improvement instruments!
Overview
In in the present day’s article, we are going to start by clarifying what the whole provide of cryptocurrency means. We’ll additionally delve into the benefits of understanding this metric and focus on frequent use circumstances the place realizing the whole provide of a token is important. After that, we’ll introduce Moralis – the {industry}’s premier Web3 information supplier. In doing so, you’ll learn to get hold of the whole provide of a token utilizing Moralis’ Token API by means of a easy three-step course of:
Get a Moralis API KeyWrite a Script Calling the Token Balances with Costs EndpointExecute the Code
Following this, we’ll additionally spotlight different Moralis APIs that may be helpful when growing decentralized functions (dapps)!
So, if you happen to’re looking for the best technique to get the total provide of a token, this information is for you. Let’s dive in!
What’s the Whole Provide of a Crypto Token?
The whole provide of a cryptocurrency refers back to the variety of cash or tokens that presently exist. This consists of tokens actively traded or held in circulation, in addition to these locked and awaiting launch to the general public market. Primarily, the whole provide is calculated by subtracting the variety of tokens which have been burned or destroyed from the sum of all cash minted!
The whole provide of a cryptocurrency includes two major parts:
Circulating Provide: That is the variety of tokens or cash in circulation. It, for example, consists of tokens obtainable for buying and selling out there. Locked Cash: Though they exist, these tokens aren’t accessible for public buying and selling. A undertaking’s staff could retain a portion of the cash in reserve for strategic functions, resembling advertising actions and improvement funding, or designate them for particular initiatives like staking rewards.
This overview ought to provide you with a transparent understanding of what the whole provide of a cryptocurrency entails. Now, let’s discover some advantages of this explicit metric!
Why Do You Need to Get the Full Provide of a Token?
The whole provide metric of crypto tokens presents a number of advantages, significantly in funding evaluation, financial planning, and market understanding. Listed below are three key examples:
Crypto Valuations: The whole provide metric is essential for calculating the valuation of a cryptocurrency. Market capitalization, a central indicator of a coin’s worth, is derived by multiplying the whole provide by the present value of the asset. This helps buyers assess the relative dimension and value of various cryptocurrencies. Transparency & Belief: A transparent and immutable file of a token’s whole provide enhances transparency, which is essential for constructing belief amongst buyers, customers, regulators, and different stakeholders. Realizing the whole provide ensures all events can confirm the variety of tokens in circulation. Funding Insights: A coin’s whole provide offers important insights into its abundance or shortage, that are vital components for cryptocurrency buyers. Shortage can drive demand, whereas abundance could have an effect on the coin’s long-term value stability.
Token Provide Use Circumstances
With regards to Web3 improvement, there are numerous cases while you want the whole provide of a cryptocurrency. Listed below are three distinguished use circumstances:
Wallets: Cryptocurrency wallets can show the whole provide to offer context a few person’s holdings. By exhibiting the whole variety of tokens obtainable, customers can perceive their share in relation to the complete provide, serving to them make knowledgeable choices about their investments. Decentralized Exchanges (DEXs): DEXs show a token’s whole provide to tell buying and selling choices and supply market context. This metric is essential for merchants because it influences methods, liquidity assessments, and general market evaluation. Analytic Platforms: Platforms that observe cryptocurrency statistics and market behaviors, resembling Moralis Cash, use the whole provide of tokens as a core metric of their reporting. This information helps analysts and buyers consider a token’s shortage, distribution, and potential worth.
That offers you an summary of what the whole provide of a token entails, the advantages of this metric, and situations by which this information can turn out to be useful. Within the following half, we’ll present you the simplest strategy to get the total provide of a token!
The Best Solution to Get the Full Provide of a Token – Introducing Moralis
The only technique to entry the total provide of a token is to make the most of a Web3 information supplier resembling Moralis. At Moralis, we offer a complete array of nodes and cross-chain APIs, facilitating the seamless integration of on-chain information into your tasks. By leveraging our top-tier improvement instruments, you may create dapps extra swiftly and successfully!
So, how are you going to use Moralis to get the total provide of a token?
Moralis offers extremely complete APIs, delivering extra information with fewer calls. As such, to get the total provide of a token, you solely must name certainly one of our ERC-20 endpoints, resembling these for balances, metadata, and extra.
To point out you the way this works, let’s take a look at a brief script for fetching the metadata of any ERC-20 token:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/erc20/metadata?chain=eth&addressespercent5B0percent5D=0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
By calling the endpoint above, you’ll obtain, amongst different issues, two important metrics: total_supply and total_supply_formatted. Right here’s an instance of the output:
[
{
address: ‘0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48’,
address_label: ‘USD Coin (USDC)’,
name: ‘USD Coin’,
symbol: ‘USDC’,
decimals: ‘6’,
logo: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
logo_hash: ‘442b80bd16af0c0d9b22e03a16753823fe826e5bfd457292b55fa0ba8c1ba213’,
thumbnail: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
total_supply: ‘25373535439531383’,
total_supply_formatted: ‘25373535439.531383’,
fully_diluted_valuation: ‘25405862477.92’,
block_number: ‘19888348’,
validated: 1,
created_at: ‘2018-08-03T19:28:24.000Z’,
possible_spam: false,
verified_contract: true,
categories: [
‘Exchange-Issued Asset Tokens’,
‘Platform-Based Utility Tokens’,
‘Stablecoins’
],
hyperlinks: {
//…
}
}
]
That’s it! Getting the total provide of a token is easy when utilizing Moralis!
Nevertheless, if you would like an in depth breakdown of easy methods to name our numerous endpoints, be a part of us within the subsequent part as we stroll you thru a complete tutorial on easy methods to get the total provide of a token!
3-Step Tutorial: Learn how to Get the Full Provide of a Token
Due to the excellent nature of our API responses, you’ll mechanically get the total provide of a token when calling any Moralis ERC-20 endpoint. To reveal how this works, we’ll present you easy methods to fetch the token balances with costs of any deal with utilizing our Token API in three easy steps:
Get a Moralis API KeyWrite a Script Calling the Token Balances with Costs EndpointRun the Code
Nevertheless, earlier than you will get began with the tutorial, it’s essential cope with just a few conditions!
Stipulations
For this tutorial, we’ll be utilizing Node.js and JavaScript. As such, if you happen to haven’t already, be sure to arrange the next earlier than shifting on to step one:
Guarantee these are put in and able to use!
Step 1: Get a Moralis API Key
To name Moralis’ APIs, you want a Moralis API key. Consequently, the very first thing it’s essential do is join. You possibly can register for a free account by clicking the “Begin for Free” button on the prime proper:
With an account at hand, merely log in and replica your Moralis API key:
Be sure to save the important thing, as you’ll want it within the subsequent part!
Step 2: Write a Script Calling the Token Balances with Costs Endpoint
Open your IDE, create a folder, and arrange a brand new undertaking utilizing the next terminal command:
npm init
Set up the required dependencies by operating this command in your terminal:
npm set up node-fetch –save
npm set up moralis @moralisweb3/common-evm-utils
Add “sort”: “module” to your “package deal.json” file:
Create a brand new index.js file and add the next code:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/wallets/0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa/tokens?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Subsequent, it’s essential configure the code barely. First, substitute YOUR_API_KEY with the important thing you copied within the earlier step:
Then, configure the deal with parameter to suit your question:
That’s it for the code. All that continues to be is to run the script!
Step 3: Run the Code
Open a brand new terminal, navigate to the basis folder of your undertaking utilizing the cd command, and run this enter to execute the script:
node index.js
In return, you’ll obtain a response containing not solely the balances of the desired pockets but additionally every token’s full provide, value, value change over time, and way more. Right here’s an instance of what it’d appear like:
{
[
{
token_address: ‘0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48’,
symbol: ‘USDC’,
name: ‘USD Coin’,
logo: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
thumbnail: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
decimals: 6,
balance: ‘1000000000000000’,
possible_spam: false,
verified_contract: true,
total_supply: ‘25373535439531383’,
total_supply_formatted: ‘25373535439.531383’,
percentage_relative_to_total_supply: 3.941114167488158,
balance_formatted: ‘1000000000.0’,
usd_price: 1.0007165741842363,
usd_price_24hr_percent_change: 0.04563286892779958,
usd_price_24hr_usd_change: 0.0004564473925958712,
usd_value: 1000716574.1842363,
usd_value_24hr_usd_change: 456447.3925958872,
native_token: false,
portfolio_percentage: 100
},
//…
]
}
Included within the response, you’ll discover each the total_supply and total_supply_formatted parameters for every token:
//…
total_supply: ‘25373535439531383’,
total_supply_formatted: ‘25373535439.531383’,
//…
That’s it. Leveraging Moralis makes it straightforward to get the total provide of a token!
Past Token Provide – Diving Deeper Into Moralis’ Web3 APIs
Moralis is the {industry}’s main Web3 information supplier. Our premier suite of improvement instruments consists of nodes for all main chains and specialised APIs tailor-made for numerous use circumstances. This consists of the Token API, Pockets API, NFT API, Streams API, and plenty of extra. As such, when utilizing Moralis, you may construct all the pieces from cryptocurrency wallets to NFT marketplaces with out breaking a sweat!
However what makes our APIs stand out in comparison with the competitors?
One Name – All of the Information: At Moralis, we offer extremely complete APIs, providing you with extra information with fewer calls. Get all the data you want from each on- and off-chain sources in a single response. Cross-Chain: Streamline your developer expertise with actually cross-chain suitable APIs, providing full function parity throughout the most important chains, together with Ethereum, Polygon, BNB Good Chain (BSC), and plenty of extra. With Moralis, you not want a brand new information supplier for every chain. Enterprise-Grade Safety: Expertise the gold customary for information safety with Moralis. We’re proud to be the {industry}’s solely SOC 2 Sort 2 licensed Web3 infrastructure supplier, guaranteeing top-tier safety to your tasks.
This offers you a quick overview of Moralis. Let’s now dive a bit deeper into our Web3 API suite!
Moralis’ Web3 APIs
Our suite of APIs consists of over ten use case-specific interfaces, and overlaying all of them on this information can be impractical. As an alternative, we’ll introduce you to a few examples:
Pockets API: The Pockets API is Web3’s premier interface for pockets information. With this instrument, you may seamlessly fetch a pockets’s historical past, token balances, web price, profitability, and extra. This makes it the proper instrument for constructing wallets, portfolio trackers, and different platforms that require pockets information.
NFT API: The NFT API offers all the pieces you want by way of NFT information. With this API, you may effortlessly get NFT balances, metadata, costs, and extra utilizing just some strains of code. Consequently, that is the final word instrument for constructing NFT marketplaces, Web3 video games, and different NFT-related functions.
Streams API: Moralis’ Streams API is the perfect instrument for establishing Web3 information pipelines. With this industry-leading API, you may stream on-chain information into your undertaking’s backend with just some clicks. It’s good for establishing Web3 alerts, populating databases with real-time information, and way more.
For a complete take a look at all our remaining interfaces, please go to our official Web3 API web page!
Abstract: Learn how to Get the Full Provide of a Token
The best and most simple strategy to get the total provide of a token is by leveraging a Web3 information supplier like Moralis. At Moralis, we’ve got enriched our ERC-20 endpoints with detailed metadata. As such, to get the total provide of a token, you merely must name certainly one of our endpoints for balances, metadata, and so on. Right here’s an instance utilizing our token metadata endpoint:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/erc20/metadata?chain=eth&addressespercent5B0percent5D=0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Once you run the script above, you’ll obtain the metadata of any token, together with the total_supply and total_supply_formatted parameters. Right here’s what the response ought to appear like:
[
{
address: ‘0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48’,
address_label: ‘USD Coin (USDC)’,
name: ‘USD Coin’,
symbol: ‘USDC’,
decimals: ‘6’,
logo: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
logo_hash: ‘442b80bd16af0c0d9b22e03a16753823fe826e5bfd457292b55fa0ba8c1ba213’,
thumbnail: ‘https://logo.moralis.io/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d’,
total_supply: ‘25373535439531383’,
total_supply_formatted: ‘25373535439.531383’,
fully_diluted_valuation: ‘25405862477.92’,
block_number: ‘19888348’,
validated: 1,
created_at: ‘2018-08-03T19:28:24.000Z’,
possible_spam: false,
verified_contract: true,
categories: [
‘Exchange-Issued Asset Tokens’,
‘Platform-Based Utility Tokens’,
‘Stablecoins’
],
hyperlinks: {
//…
}
}
]
That’s it! Fetching the total provide of a token doesn’t should be more difficult than this when working with Moralis!
If you wish to get the total provide of a token utilizing our APIs, join with Moralis. You possibly can create your account without cost, no bank card required, and achieve on the spot entry to our premier suite of APIs!