Crypto › Tokenomics
Tokenomics
Tokenomics is the supply-side design of a crypto asset: how many tokens exist, how many will exist, who holds them, and when locked allocations become sellable. Unlike equity, most of this is published and scheduled in advance, which means a supply event that will predictably pressure price is usually knowable months ahead, if you look.
Direct Answer
Tokenomics is the supply-side design of a crypto asset: how many tokens exist, how many ever will, who holds them, and when locked allocations become sellable. Unlike company equity, most of that schedule is published in advance, so the future supply of a token is usually knowable rather than a surprise. What it does not tell you is demand, which is why a favourable supply schedule is a starting point for analysis and not a conclusion.
Why do unlock schedules matter so much?
Because they are the one supply change you can put a date on. A cliff that releases a large share of supply to holders whose cost basis is near zero creates selling pressure that has nothing to do with the project's progress. The schedule is public; the price reaction usually arrives before the unlock, not after.
Every guide in this section
7 guides in this section.
All guides
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Circulating vs. Total and Maximum Supply
Understand circulating supply, total supply, maximum supply, minted supply, burned tokens, and how future token issuance affects crypto valuation.
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How to Analyze Crypto Tokenomics
Learn how to analyze crypto tokenomics, including circulating supply, inflation, token unlocks, distribution, utility, demand, and fully diluted valuation.
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Token Inflation and Staking Rewards
Learn how token inflation rates, emission schedules, staking rewards, and burn mechanisms affect crypto supply growth and long-term token value.
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Market Cap vs. Fully Diluted Valuation (FDV)
Understand the difference between market cap and fully diluted valuation, why the FDV gap matters for crypto valuation, and how to use the FDV ratio.
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Token Distribution and Concentration Risk
Learn how token distribution affects decentralization and price stability, including insider allocation, whale concentration, and distribution risk.
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Token Unlocks, Vesting, and Cliff Risk
Learn how token vesting schedules, cliff dates, and large unlock events affect crypto supply and price.
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Token Utility, Demand, and Value Capture
Token utility drives demand through required and optional use cases, and value-capture mechanisms determine if protocol growth flows back to token holders.