Overview: What Is MANA Supply?

“What Is MANA Supply?” refers to the supply status of Decentraland Token MANA, covering the maximum supply, total supply, and circulating supply. Different metrics reflect the token’s scarcity, liquidity, and community holding structure.

Detailed Explanation of the Three Indicators of MANA Supply

1. Max Supply: 2,193,179,327 coins, the issuance limit set for the MANA smart contract.
2. Total Supply: The total amount of MANA currently on the chain and not destroyed, approximately 2.19 B.
3. Circulating Supply: The MANA available for free trading in the market is approximately 1.9 B coins, accounting for about 86% of the total supply.

Supply Curve: History and Destruction Mechanism

• ICO Phase (2017): Initial issuance of 2.8B, later over 600 million coins were destroyed due to the LAND auction mechanism;
• Auction Burn: Each land auction will burn a certain amount of MANA, continuously compressing the total supply.
• Market trading destruction: Activities that consume MANA in the Decentraland mall will also trigger burning.

This deflationary mechanism provides the foundation for MANA to maintain long-term upward potential.

Latest market conditions and price trends

Image:https://www.gate.com/trade/MANA_USDT

In mid-June, the latest price of MANA is about US$0.26, with a market capitalization of US$602 million and a circulation of 1.9 B.

• Monthly trend: From the end of May at US$0.33, it has fluctuated down to US$0.26, a decline of nearly 21%;
• All-time high: Reached US$5.91 in November 2021, current price is only 4.4% of that year’s peak;
• Technical Upgrade: White Paper 2.0 Released, Introducing AI NPCs and Multi-Chain Bridging to Enhance Platform Appeal.

Community Events and Supply Impact

Recently, Decentraland held an AMA on Discord to address the concerns of token holders and announced the launch of the first batch of AI-driven experience activities in late June. These community events are often accompanied by a certain amount of MANA staking and reward releases, which have a short-term impact on circulating supply.

Investment and Gamified Participation Guide

• Exchanges to consider: Prefer high liquidity platforms like Gate.
• Staking participation: Stake MANA in the DAO to earn governance rewards and airdrops;
• LAND Auction Participation: Use MANA to bid for land, which not only consumes tokens but also allows you to acquire virtual real estate assets.
• Activity Check-in: Earn extra MANA by participating in official events and gamified tasks.

Supply Governance: From Proposal to Execution

Decentraland DAO controls the issuance and destruction rhythm of MANA:

1. Proposal: Any token holder can submit proposals regarding the burning ratio or incentive release;
2. Voting: Coin holders vote according to their holdings to decide whether to execute.
3. Execution: After community approval, the smart contract automatically adjusts the supply.

This decentralized process ensures fairness and transparency in supply control.

Conclusion

What Is MANA Supply? It not only defines the scarcity of Decentraland but also shapes the long-term value curve of the Token through burning and DAO governance. This article combines the latest prices from June 2025 and community dynamics to help newcomers grasp the panorama of MANA supply and move steadily within the Metaverse ecosystem.