How to Get the Full Supply of a Token &#8211; Moralis Web3

Are you searching for the best method to get the total provide of a token? In that case, you’re in the appropriate place. This information will present you find out how to effortlessly entry the total provide of a token utilizing Moralis – the {industry}’s main Web3 information supplier. At Moralis, we’ve 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 displaying our token metadata endpoint in motion:

import fetch from ‘node-fetch’;

const choices = {
technique: ‘GET’,
headers: {
settle for: ‘software/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 appears 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 the event you’d wish 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 neglect to enroll with Moralis. You possibly can create an account freed from cost and acquire prompt entry to our premier suite of improvement instruments!

Overview

In right this moment’s article, we are going to start by clarifying what the full provide of cryptocurrency means. We’ll additionally delve into the benefits of understanding this metric and focus on widespread use instances the place realizing the full provide of a token is crucial. After that, we’ll introduce Moralis – the {industry}’s premier Web3 information supplier. In doing so, you’ll learn to acquire the full provide of a token utilizing Moralis’ Token API via 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 creating decentralized purposes (dapps)!

So, when you’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 overall provide of a cryptocurrency refers back to the variety of cash or tokens that at present exist. This consists of tokens actively traded or held in circulation, in addition to these locked and awaiting launch to the general public market. Basically, the full provide is calculated by subtracting the variety of tokens which were burned or destroyed from the sum of all cash minted!

The overall provide of a cryptocurrency contains two major elements:

Circulating Provide: That is the variety of tokens or cash in circulation. It, as an example, consists of tokens obtainable for buying and selling available in the market. Locked Cash: Though they exist, these tokens should not accessible for public buying and selling. A undertaking’s group might retain a portion of the cash in reserve for strategic functions, similar to advertising actions and improvement funding, or designate them for particular initiatives like staking rewards.

This overview ought to offer you a transparent understanding of what the full provide of a cryptocurrency entails. Now, let’s discover some advantages of this explicit metric!

Why Do You Wish to Get the Full Provide of a Token?

The overall 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 overall 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 full provide by the present worth of the asset. This helps buyers assess the relative dimension and price of various cryptocurrencies. Transparency & Belief: A transparent and immutable document of a token’s whole provide enhances transparency, which is essential for constructing belief amongst buyers, customers, regulators, and different stakeholders. Figuring out the full provide ensures all events can confirm the variety of tokens in circulation. Funding Insights: A coin’s whole provide supplies vital insights into its abundance or shortage, that are vital components for cryptocurrency buyers. Shortage can drive demand, whereas abundance might have an effect on the coin’s long-term worth stability.

Token Provide Use Instances

Relating to Web3 improvement, there are numerous situations while you want the full provide of a cryptocurrency. Listed below are three distinguished use instances:

Wallets: Cryptocurrency wallets can show the full provide to offer context a couple of person’s holdings. By displaying the full variety of tokens obtainable, customers can perceive their share in relation to the whole 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 total market evaluation. Analytic Platforms: Platforms that observe cryptocurrency statistics and market behaviors, similar to Moralis Cash, use the full 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 outline of what the full provide of a token entails, the advantages of this metric, and eventualities wherein this information can turn out to be useful. Within the following half, we’ll present you the best method to get the total provide of a token!

The Best Approach to Get the Full Provide of a Token – Introducing Moralis

The best technique to entry the total provide of a token is to make the most of a Web3 information supplier similar to 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’ll be able to create dapps extra swiftly and successfully!

So, how will you use Moralis to get the total provide of a token?

Moralis supplies 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, similar to these for balances, metadata, and extra.

To indicate you ways 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: ‘software/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};

By calling the endpoint above, you’ll obtain, amongst different issues, two vital metrics: total_supply and total_supply_formatted. Right here’s an instance of the output:

That’s it! Getting the total provide of a token is easy when utilizing Moralis!

Nevertheless, if you need an in depth breakdown of find out how to name our numerous endpoints, be part of us within the subsequent part as we stroll you thru a complete tutorial on find out how to get the total provide of a token!

3-Step Tutorial: Get the Full Provide of a Token

Due to the great nature of our API responses, you’ll mechanically get the total provide of a token when calling any Moralis ERC-20 endpoint. To exhibit how this works, we’ll present you find out how to fetch the token balances with costs of any handle 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 is advisable to cope with a couple of conditions!

Conditions

For this tutorial, we’ll be utilizing Node.js and JavaScript. As such, when you haven’t already, be sure you arrange the next earlier than transferring 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 is advisable to do is enroll. You possibly can register for a free account by clicking the “Begin for Free” button on the high proper:

With an account at hand, merely log in and replica your Moralis API key:

Be sure you 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: ‘software/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 is advisable to configure the code barely. First, change YOUR_API_KEY with the important thing you copied within the earlier step:

Then, configure the handle 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 foundation 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, worth, worth change over time, and rather more. Right here’s an instance of what it would seem 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 instances. This consists of the Token API, Pockets API, NFT API, Streams API, and plenty of extra. As such, when utilizing Moralis, you’ll be able to construct every thing 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, supplying 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 appropriate 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 normal for information safety with Moralis. We’re proud to be the {industry}’s solely SOC 2 Kind 2 licensed Web3 infrastructure supplier, guaranteeing top-tier safety on your tasks.

This provides 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 protecting all of them on this information can be impractical. As an alternative, we’ll introduce you to 3 examples:

Pockets API: The Pockets API is Web3’s premier interface for pockets information. With this software, you’ll be able to seamlessly fetch a pockets’s historical past, token balances, internet value, profitability, and extra. This makes it the proper software for constructing wallets, portfolio trackers, and different platforms that require pockets information.

NFT API: The NFT API supplies every thing you want by way of NFT information. With this API, you’ll be able to effortlessly get NFT balances, metadata, costs, and extra utilizing only a few traces of code. Consequently, that is the last word software for constructing NFT marketplaces, Web3 video games, and different NFT-related purposes.

Streams API: Moralis’ Streams API is the perfect software for organising Web3 information pipelines. With this industry-leading API, you’ll be able to stream on-chain information into your undertaking’s backend with only a few clicks. It’s excellent for organising Web3 alerts, populating databases with real-time information, and rather more.

For a complete take a look at all our remaining interfaces, please go to our official Web3 API web page!

Abstract: Get the Full Provide of a Token

The simplest and most easy method to get the total provide of a token is by leveraging a Web3 information supplier like Moralis. At Moralis, we’ve 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 many others. Right here’s an instance utilizing our token metadata endpoint:

import fetch from ‘node-fetch’;

const choices = {
technique: ‘GET’,
headers: {
settle for: ‘software/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};

While 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 seem like:

That’s it! Fetching the total provide of a token doesn’t need to be more difficult than this when working with Moralis!

If you wish to get the total provide of a token utilizing our APIs, enroll with Moralis. You possibly can create your account totally free, no bank card required, and acquire prompt entry to our premier suite of APIs!

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