Max Supply

Max supply is the theoretical maximum number of tokens that will ever exist in a specific cryptocurrency protocol. This is usually hardcoded into the software protocol during its creation.

For example, Bitcoin has a fixed max supply of twenty-one million coins. This constraint creates digital scarcity, which many proponents argue is a primary driver of long-term value.

Once the max supply is reached, no new tokens can be minted, and the protocol must rely on transaction fees to incentivize network validators. It is the ultimate limit on supply and a cornerstone of deflationary economic models.