Market and tokenomics

ETH market cap and supply

Current offer and market indicators are loaded separately from the trading chart.

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How to read the supply: “in circulation” — coins available to the market; “total minted” — current total supply; “maximum supply” — hard cap only where it is defined by the protocol or specified by the data provider.

Market capitalization, supply and reference-market metrics are loaded separately from the trading chart and are informational. The chart above uses broker Bid/Ask and execution through the cTrader Open API; the aggregator reference price below is not an execution quote.

Protocol and ETH issuance

Network launchJuly 30, 2015Ethereum Mainnet
ConsensusProof of StakeValidators and staking
Hard maximumNot setSupply is determined by issuance and burning
Minimum unit1 wei10⁻¹⁸ ETH
New issuanceValidator rewardsThe supply size changes together with staking parameters
HalvingNot providedA portion of the base fee is burned; the net supply can increase or decrease

ETH has no fixed cap or scheduled halving like Bitcoin. After Ethereum’s transition to Proof of Stake, new ETH are issued to validators, and the base portion of transaction fees is burned. The overall supply dynamics depend on the balance between issuance and burn.

Official technical foundationEthereum.org: ETH issuance and burning ↗

What is this asset

Native asset of the Ethereum network. Pays fees, powers applications, staking, and settlements within the smart‑contract ecosystem.

What influences the price

  • Global liquidity, risk appetite and Bitcoin dynamics.
  • Network usage, fees, developer and user activity.
  • Coin supply, unlocks, staking and large flows.
  • Regulation, listings, security and technical updates.
Main groups of factors influencing the price of a crypto asset
The price reflects not only project news but also overall liquidity, participants' positions, and expectations.

Key risks

Contract bugs, fees, staking and L2 risks, network competition, and protocol changes.

Trading product

cTrader execution and the underlying crypto asset are not the same thing

The chart above uses the instrument supplied by the connected cTrader broker. Depending on the broker, this may be a CFD or another derivative rather than on-chain ownership of the coin. Before trading, check the contract specification, leverage, financing or swap, minimum volume and trading hours.

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