What Is Token Supply in Crypto?

Token supply is one of those figures that looks straightforward on a crypto dashboard and becomes less clear the closer you look. A project might have a hard cap on the number of tokens it can create, while only a portion is available to trade. Another may have no fixed maximum but follow a published schedule for issuing new units.A supply figure is not a complete description of an asset.
To interpret it, you need to know which units it counts, what can change the number and who may gain access