Circulating Supply Verification on CMC and CoinGecko

Why verify circulating supply before a tracker update?

Circulating supply verification gives data providers a reasoned, traceable account of which tokens are in circulation and which are excluded. It matters when public supply statements, wallet balances and tracker profiles do not tell the same story, or when a project’s allocations have changed since its last update.

The objective is not simply to submit a figure. It is to make the classification understandable to a reviewer who needs to assess the evidence without relying on internal project context. That means connecting each material balance to a status and explaining why that status affects circulation.

This service is a fit for teams preparing an initial supply submission, correcting an outdated profile, or aligning records after vesting, emissions, treasury movements or a token migration. We first establish the project’s own calculation and source records, then identify gaps that could make the figure difficult to assess.

For a broader view of platform listing work, see Listings and verification. If the project has not yet organized its CoinGecko profile, our CoinGecko listing support can be coordinated with the supply review.

What evidence makes a supply report easier to assess?

A supply report is easier to review when each excluded balance has a documented reason and a source that can be checked. We build the file around the project’s token structure rather than treating every non-circulating wallet as the same category.

At kickoff, we request the token contract and chain details, the project’s current supply statement, allocation information, and available records for locked or vested balances. Where relevant, we also ask for treasury wallet labels, burn evidence, vesting schedules, unlock terms and the date each source was last updated. A project does not need to send private keys; we work from records and public address information.

The working file typically organizes:

• Total and circulating figures, with the calculation date and source.
• Relevant wallet addresses, balances and project-provided labels.
• The basis for excluding locked, unvested, reserved or burned tokens.
• Any unresolved discrepancy between public materials and on-chain records.

Our review separates what is verifiable from what relies on project documentation. That distinction is central to a useful CoinMarketCap supply verification guide, and it helps the team decide what to clarify before submission rather than after a reviewer asks.

How does the CoinGecko supply verification process work?

The CoinGecko supply verification process is a documentation and review workflow: establish the project’s calculation, connect it to evidence, and present the explanation through the platform’s current submission route. CoinMarketCap is handled as a separate review, with a submission prepared for that platform rather than a copied request.

The project controls the accuracy and completeness of its source information. Our role is to check internal consistency, make the rationale legible, and coordinate the materials. We do not assume that identical wording or supporting records will be sufficient for both providers; their listing requirements and review processes are not interchangeable.

Before either submission, we confirm that the following align:

• The stated circulating figure and its calculation date.
• Token contract and chain information shown on public profiles.
• Wallet labels, allocation records and the exclusion rationale.
• Public tokenomics materials and any relevant changes since publication.

If your team is also seeking a broader profile update, CoinMarketCap listing support can be planned alongside this work. For questions about how to get verified on CoinGecko, the practical first step is to prepare a coherent evidence file and confirm the account or project contact can respond to follow-up requests.

What does the supply verification project deliver?

The project delivers a reviewable supply dossier and managed submission support, not just a revised number. The file is designed to help your team explain how the figure was reached and quickly locate the evidence behind each important classification.

A senior reviewer at MediaStrategy runs a named Supply Reconciliation Review before materials are submitted. This pass checks whether the calculation, wallet rationale and published token information tell a consistent story; where they do not, we record the discrepancy and ask the project team to resolve it rather than smoothing over an unknown.

The agreed scope can include:

• A structured supply and wallet evidence file.
• A discrepancy log with questions for the project team.
• Drafted explanations for the relevant platform submissions.
• Submission coordination and follow-up tracking.
• A closing report noting what was sent, what remains open and any response received.

You retain ownership of project facts and approve the final statements. To keep sensitive records controlled, we agree a secure sharing route at kickoff and limit access to the people working on the account. If a contract migration or rebrand is part of the picture, migration and rebranding updates can be coordinated so the supply narrative does not conflict with profile changes.

How is the verification work run from kickoff to report?

The work moves from evidence intake to reconciliation, then to platform coordination and a written closeout. The calendar is set after the initial review because missing allocation records or unlabelled balances can require project-side clarification before a submission is ready.

The operating sequence is deliberately compact:

1. Kickoff checklist: confirm the token, chains, current public figures, contacts and desired platform scope.
2. Evidence intake: collect the project’s calculation, allocation and wallet records through the agreed channel.
3. Supply reconciliation: compare the reported figure with the available evidence and mark unresolved items.
4. Submission preparation: draft platform-specific explanations for client approval.
5. Coordination and closeout: track submitted materials, relay requests for clarification and report the status.

The fastest useful contribution from your team is a single source of truth: one owner for supply figures, one contact for wallet labels, and current tokenomics documentation. We provide a kickoff checklist so responsibilities are explicit from the start. Our reporting format records submitted materials and open questions, making it clear what has been completed and what requires a project decision.

What can CMC and CoinGecko decide independently?

CoinMarketCap and CoinGecko independently assess submitted supply information, so a complete dossier is a basis for review rather than an instruction to accept a figure. Their reviewers may ask for clarification, interpret the evidence differently, or leave a profile unchanged; neither an approval nor a particular timing is within our control, and we commit to the agreed preparation and coordination work only. In particular, a wallet label supplied by a project does not by itself establish that its balance is excluded from circulation, so we flag unsupported classifications instead of presenting them as settled facts. We also record which source supports each balance, who confirmed the label, and whether the public explanation matches the latest project materials.

When should supply verification be paired with listing support?

Pair supply verification with listing support when the issue is not isolated to a single figure. A public profile can be hard to assess when its circulating supply, tokenomics page and project updates describe different states; resolving the records together gives your team a more coherent submission package.

The useful decision is based on the work still open. If the project needs only to explain supply classifications, begin with this verification scope. If it also needs profile data or listing materials reviewed, combine it with CoinGecko listing support or CoinMarketCap listing support. For other tracker profiles, see listings on other crypto trackers.

Send us the token contract, the public supply figure you want reviewed, and the records behind any excluded balances. MediaStrategy will complete an initial scope review, identify the missing evidence and return a project plan for your approval.

Prices

Starting prices in USD. Custom bundles and volume discounts on request. Payment in USDT, USDC, BTC, ETH, SOL, TON or your project token.

How it works

1. Confirm scopeWe identify the token, platforms and supply question to address. You receive a kickoff checklist for the records and project contacts needed.
2. Collect evidenceYour team shares the calculation, allocation records and relevant wallet labels through an agreed channel. We flag missing or inconsistent items.
3. Reconcile supplyA senior reviewer checks the figure against the available evidence and documents the rationale for each material classification.
4. Prepare submissionsWe draft platform-specific explanations and route them to you for factual approval before submission.
5. Coordinate and reportWe track the submission and follow-up status, then provide a closeout report with completed work and open questions.