Regarding "how many tokens and chains are there in the crypto world," opinions have varied widely. In fact, it's not complicated to clarify this issue. Today, let's sort it out together.
Part One: Token Situation
Let's talk about tokens first.
The number of tokens created on the entire network is conservatively estimated to have exceeded 30 million. This data comes from my statistics, including mainstream public chain data such as Ethereum, Solana, and Bitcoin. For example, on Solana alone, a project called Pump.fun has officially reported creating over 10 million tokens. However, don't be intimidated by the number of over 30 million, as the vast majority of these belong to meme coins, test coins, and air coins, which are basically no longer in use.
So, how many can actually be tracked by the market? For instance, CoinGecko currently lists about 18,700 active coins; CoinGecko has certain requirements for listing, such as being available on exchanges already listed by them, whether centralized or decentralized, having a market price, a contract address, an official website, and a white paper. Therefore, these 18,700 tokens can be considered a comprehensive overview of the crypto landscape.
Continuing to filter down, how many of these tokens are commonly found on exchanges? In other words, how many of these 18,700 tokens can be listed on exchanges? Looking at the data, there are over 400 that can be listed on Binance, over 2,100 on Gate, around 510 on Bybit, about 670 on Bitget, and around 300 on OKX. These are a few exchanges with relatively high trading volumes, and even the most, Gate, has just over 2,000, so we can tentatively conclude that there are about 2,000 tokens in the entire crypto market with a certain trading volume.
Looking further, among these over 2,000 tokens, what is the total market capitalization of the top ten ranked tokens? It's approximately $3.65 trillion, which accounts for 87.5% of the entire crypto market share. This means that the remaining 2,000 tokens combined account for less than 12.5% of the total.
That's the data regarding tokens; we will share only the data for now, without further thoughts.
Part Two: Public Chain Situation
Now, let's talk about public chains.
From a broad perspective, it is conservatively estimated that there are already thousands of blockchain networks globally, including public chains, private chains, consortium chains, Layer 2, side chains, etc. However, if we only look at truly active and traceable public chains, the number is much smaller: for example, DeFiLlama tracks only over 400, while CoinGecko lists about 100–200.
So, what is the situation with these few hundred public chains?
When we look at public chains, we generally consider two indicators: either TVL (Total Value Locked) or the number of protocols. TVL is often looked at more closely, so let's take a look at the public chains ranked by TVL. The top 12 public chains together account for about 77% of the entire crypto market share.
In other words, the current crypto market is basically built on these top dozen public chains.
That's all for the data sharing on tokens and public chains. What are your feelings and thoughts? Feel free to discuss in the comments.
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