Ambiguity of the "APE" Token: ApeCoin vs. Ape.lol
In the cryptocurrency market, the token symbol "APE" can refer to two distinct projects with significant differences in their positioning, technical foundations, and tokenomics. One is the widely known ApeCoin, which is the governance and utility token of the Bored Ape Yacht Club (BAYC) ecosystem; the other is Ape.lol, a Meme coin launch platform based on the Solana blockchain. To understand their total supply and circulating supply, it is necessary to distinguish between these two projects.
Total Supply and Circulating Supply of ApeCoin (APE)
ApeCoin (APE) is the core token of the Bored Ape Yacht Club (BAYC) ecosystem created by Yuga Labs, designed to empower decentralized communities in the Web3 space.
- Total Supply: The total supply of ApeCoin is permanently fixed at 1 billion tokens (1,000,000,000 APE) and was minted entirely at the project's launch. Its tokenomics do not involve subsequent minting or burn mechanisms.
- Circulating Supply: As of August 14, 2026, the circulating supply of ApeCoin has reached 1 billion tokens (1,000,000,000 APE), matching its total supply. This reflects that its token distribution plan is largely complete, with the initial circulating supply of 30.25% at its launch on March 17, 2022, having fully entered market circulation after 48 months of regular releases.
- Token Distribution: ApeCoin tokens are primarily allocated to the ecosystem fund, Yuga Labs and its charitable organizations, founders, and launch contributors, aiming to support ApeCoin DAO's governance and ecosystem development.
- Market Performance: As of August 14, 2026, the price of ApeCoin is approximately $0.130239, with a market capitalization of about $131.41 million. Its all-time high price reached $27.79 (April 27, 2022).
- Trading Platforms: ApeCoin can be traded on several major cryptocurrency exchanges, such as Binance, OKX, HTX, LBank, and others.
Total Supply and Circulating Supply of Ape.lol (APE)
Ape.lol is a token launch platform based on the Solana blockchain, aiming to lower the barrier to entry for Meme coin creation and trading, allowing users to deploy Solana token contracts at low cost.
- Total Supply and Max Supply: The total supply of Ape.lol's native token APE is approximately between 998 million and 1 billion tokens. Regarding its maximum supply, some sources indicate 1 billion tokens, while others suggest there is no clear maximum supply.
- Circulating Supply: As of August 2026, the circulating supply of Ape.lol tokens is approximately 999 million.
- Tokenomics: Ape.lol adopts a deflationary model. The platform uses a portion of its fee revenue to buy back and burn native APE tokens, reducing the total supply, which may positively impact token value.
- Platform Mechanism: To prevent "rug pulls" (exit scam), the Ape.lol platform ensures that the liquidity of newly issued tokens is locked and automatically deployed to DEXs on Solana, such as Raydium, once a specific market capitalization (e.g., $42,000) is reached.
- Trading Channels: Ape.lol tokens primarily circulate on decentralized exchanges (DEXs) within the Solana ecosystem, such as Raydium. Please note that its trading liquidity may be relatively limited, and investors should verify trading channels and risks independently.
