It’s a common situation when CMC enables CS, but the circulating amount differs from the data in your spreadsheet. Besides, if a project attempts to manipulate or artificially inflate its supply figures, CoinMarketCap’s manager permanently disqualifies a currency from the rankings. For example, if you locked a considerable part of your tokens, mark all such locking wallets as “locked.” Later, after unlocking, the CMC automatically detects unlocking events and increases a token circulating supply accordingly. Provide real dataįirst, provide accurate data. In addition, try to update CS as fast as possible after listing on CMC. First, always be honest with CMC, and communicate with their managers via your official email. Some recommendations exist for the spreadsheet’s filling and updating circulating supply (CS) on CoinMarketCap. Also, you should regularly check incoming messages to avoid missed letters from CoinMarketCap. So, you must use a working (official domain) email address to submit the circulation supply form. Why? Because CMC’s team usually wants to clarify some data in the submitted spreadsheet. For example, the higher a market’s liquidity and volume, the bigger its confidence score.Īlthough CMC states 72 hours, the CS updating can take a week. Each of your markets has a confidence score representing all the above conditions. It means a token’s price should be the same on all your markets/exchanges. Fortunately, you don’t have to care about the spreads on the DEX because it has an AMM (Automated market making). The best spread should be around 0.25%-0.5% but at most 2%. Spread is the difference between the highest BID (order to buy) and the lowest ASK (order to sell) inside the CEX’s market. For example, having 1-2 trades/transactions every 15-30 minutes will be enough. Volume should be around $100k/daily in each market. A reasonable number of executed trades.For example, the market should have 30 BIDs and 30 ASKs on a centralized exchange. A market(s) must have Reasonable order depth.A decentralized exchange market (like PancakeSwap or Uniswap) should contain around $300k-$400k in the liquidity pool. For instance, a token’s market (on CEX) must have at least $500-$1500 worth of BIDs and $500-$1500 worth of ASKs inside the 2% spread. So, if don’t have enough exchanges (where your coin is available for trading) apply to list token on Tokpie – a CEX exchange supported by CMC. A token must be available for trading on three exchanges (from the CEX or/and DEX lists).If you don’t have the time or experience, ask Tokpie’s team for help via email at Requirementsĭespite the data in your spreadsheet, CMC’s team has the following requirements for updating the CS: A good example you can find is in the “ A-Sample” list. To finalize the process, fill in the spreadsheet with relevant data about a token supply. Furthermore, the bigger the number of markets and exchanges where a coin is available for trading, the better coin’s ranking.Ĭoin’s page URL, Spreadsheet URL, and confirmation URL.Īlso, enter the link to the CoinMarketCap page of your token (example: ) in the “Project(s)’ CMC URL(s)” field.įinally, click on the Submit button. So, having a high circulating supply and token price is reasonable. So, the higher the ranking, the better visibility of a coin. What’s that? The Rank is the positioning of an altcoin in CMC’s list of crypto-assets. RankĪnother great benefit of having CS on CoinmarketCap is the Rank. Moreover, market capitalization (as well as CS) is updating in real-time because CMC’s tracker uses a supply module that references all wallet balances and uses relevant block explorer APIs. Thus, a coin automatically obtains dynamic Market Cap stats after updating a circulation supply. Due to CMC’s guidance, the Market Cap is the number of tokens (in circulation) multiplied by the token’s price. So, the first unbeatable advantage of getting CS (Circulating Supply) is the visibility of the Market Capitalization of a coin on CoinMarketCap. Example of a coin with CS, market cap, and ranking on CoinMarketCap.
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