How to Get the Full Supply of a Token - Moralis Web3

Are you on the lookout for the simplest technique to get the complete provide of a token? If that’s the case, you’re in the suitable place. This information will present you effortlessly entry the complete provide of a token utilizing Moralis – the {industry}’s main Web3 knowledge supplier. At Moralis, we now have enriched our ERC-20 endpoints with in-depth metadata, guaranteeing you robotically obtain the complete 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: ‘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 to be like 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 complete provide of a token with Moralis is that straightforward. For those who’d wish to be taught extra about how this works, take a look at 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 acquire on the spot entry to our premier suite of improvement instruments!

Overview

In as we speak’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 frequent use circumstances the place understanding the full provide of a token is important. After that, we’ll introduce Moralis – the {industry}’s premier Web3 knowledge supplier. In doing so, you’ll discover ways to receive the full provide of a token utilizing Moralis’ Token API via a easy three-step course of:

Get a Moralis API Key

Write a Script Calling the Token Balances with Costs Endpoint

Execute the Code

Following this, we’ll additionally spotlight different Moralis APIs that may be helpful when growing decentralized purposes (dapps)!

So, in the event you’re looking for the only technique to get the complete provide of a token, this information is for you. Let’s dive in!

What’s the Complete 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 contains tokens actively traded or held in circulation, in addition to these locked and awaiting launch to the general public market. Primarily, the full provide is calculated by subtracting the variety of tokens which have been burned or destroyed from the sum of all cash minted!

The overall provide of a cryptocurrency includes two major parts:

Circulating Provide: That is the variety of tokens or cash in circulation. It, as an illustration, contains tokens obtainable for buying and selling available in the market.

Locked Cash: Though they exist, these tokens are usually not accessible for public buying and selling. A venture’s staff could retain a portion of the cash in reserve for strategic functions, akin to advertising and marketing 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 full provide of a cryptocurrency entails. Now, let’s discover some advantages of this specific metric!

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

The overall provide metric of crypto tokens gives a number of advantages, significantly in funding evaluation, financial planning, and market understanding. Listed here 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 value of various cryptocurrencies.

Transparency & Belief: A transparent and immutable report of a token’s complete provide enhances transparency, which is essential for constructing belief amongst buyers, customers, regulators, and different stakeholders. Realizing the full provide ensures all events can confirm the variety of tokens in circulation.

Funding Insights: A coin’s complete provide supplies crucial insights into its abundance or shortage, that are essential components for cryptocurrency buyers. Shortage can drive demand, whereas abundance could have an effect on the coin’s long-term worth stability.

Token Provide Use Circumstances

Relating to Web3 improvement, there are numerous cases if you want the full provide of a cryptocurrency. Listed here are three distinguished use circumstances:

Wallets: Cryptocurrency wallets can show the full provide to supply context a couple of person’s holdings. By exhibiting the full variety of tokens obtainable, customers can perceive their share in relation to all the provide, serving to them make knowledgeable selections about their investments.

Decentralized Exchanges (DEXs): DEXs show a token’s complete provide to tell buying and selling selections 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, akin to Moralis Cash, use the full provide of tokens as a core metric of their reporting. This knowledge helps analysts and buyers consider a token’s shortage, distribution, and potential worth.

That provides you an summary of what the full provide of a token entails, the advantages of this metric, and eventualities through which this knowledge can come in useful. Within the following half, we’ll present you the simplest technique to get the complete provide of a token!

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

The best technique to entry the complete provide of a token is to make the most of a Web3 knowledge supplier akin to Moralis. At Moralis, we offer a complete array of nodes and cross-chain APIs, facilitating the seamless integration of on-chain knowledge into your initiatives. By leveraging our top-tier improvement instruments, you possibly can create dapps extra swiftly and successfully!

So, how are you going to use Moralis to get the complete provide of a token?

Moralis supplies extremely complete APIs, delivering extra knowledge with fewer calls. As such, to get the complete provide of a token, you solely must name one in all our ERC-20 endpoints, akin 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:

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

That’s it! Getting the complete provide of a token is simple when utilizing Moralis!

Nonetheless, if you would like an in depth breakdown of name our varied endpoints, be part of us within the subsequent part as we stroll you thru a complete tutorial on get the complete provide of a token!

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

Due to the great nature of our API responses, you’ll robotically get the complete provide of a token when calling any Moralis ERC-20 endpoint. To exhibit how this works, we’ll present you fetch the token balances with costs of any handle utilizing our Token API in three easy steps:

Get a Moralis API Key

Write a Script Calling the Token Balances with Costs Endpoint

Run the Code

Nonetheless, earlier than you will get began with the tutorial, it is advisable take care of a number of conditions!

Stipulations

For this tutorial, we’ll be utilizing Node.js and JavaScript. As such, in the event you haven’t already, ensure 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 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 duplicate 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 venture 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 “kind”: “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 configure the code barely. First, substitute 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 is still is to run the script!

Step 3: Run the Code

Open a brand new terminal, navigate to the foundation folder of your venture 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 in addition every token’s full provide, worth, worth change over time, and far more. Right here’s an instance of what it would 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 complete provide of a token!

Past Token Provide – Diving Deeper Into Moralis’ Web3 APIs

Moralis is the {industry}’s main Web3 knowledge supplier. Our premier suite of improvement instruments contains nodes for all main chains and specialised APIs tailor-made for varied use circumstances. This contains the Token API, Pockets API, NFT API, Streams API, and lots of extra. As such, when utilizing Moralis, you possibly can construct every little 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, providing you with extra knowledge 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 Sensible Chain (BSC), and lots of extra. With Moralis, you not want a brand new knowledge supplier for every chain.

Enterprise-Grade Safety: Expertise the gold commonplace for knowledge safety with Moralis. We’re proud to be the {industry}’s solely SOC 2 Kind 2 licensed Web3 infrastructure supplier, guaranteeing top-tier safety to your initiatives.

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 contains over ten use case-specific interfaces, and masking all of them on this information could be impractical. As an alternative, we’ll introduce you to 3 examples:

Pockets API: The Pockets API is Web3’s premier interface for pockets knowledge. With this instrument, you possibly can seamlessly fetch a pockets’s historical past, token balances, web value, profitability, and extra. This makes it the right instrument for constructing wallets, portfolio trackers, and different platforms that require pockets knowledge.

NFT API: The NFT API supplies every little thing you want by way of NFT knowledge. With this API, you possibly can effortlessly get NFT balances, metadata, costs, and extra utilizing just some strains of code. Consequently, that is the last word instrument for constructing NFT marketplaces, Web3 video games, and different NFT-related purposes.

Streams API: Moralis’ Streams API is the best instrument for organising Web3 knowledge pipelines. With this industry-leading API, you possibly can stream on-chain knowledge into your venture’s backend with just some clicks. It’s excellent for organising Web3 alerts, populating databases with real-time knowledge, and far more.

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

Abstract: How you can Get the Full Provide of a Token

The simplest and most simple technique to get the complete provide of a token is by leveraging a Web3 knowledge supplier like Moralis. At Moralis, we now have enriched our ERC-20 endpoints with detailed metadata. As such, to get the complete provide of a token, you merely must name one in all our endpoints for balances, metadata, and so forth. Right here’s an instance utilizing our token metadata endpoint:

If 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:

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

If you wish to get the complete provide of a token utilizing our APIs, join with Moralis. You possibly can create your account at no cost, no bank card required, and acquire on the spot entry to our premier suite of APIs!

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