Smart Assets
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What Is BTS (BitShares)? An Analysis of Trading Platforms, Total Supply, and Key Features
BitShares (BTS), known in Chinese as “BitGu,” is a decentralized financial platform and its core token launched by Dan Larimer in 2014. It is based on the Delegated Proof-of-Stake (DPoS) consensus algorithm and is designed to provide high-throughput decentralized exchange (DEX) functionality, as well as support the issuance of smart coins (bitAssets). BTS tokens are used within the ecosystem to pay transaction fees, participate in governance voting, and serve as collateral for issuing bitAssets. As of July 2026, the circulating supply of BTS was approximately 2.995 billion; the total supply is close to the circulating supply, and the maximum supply is 3.6 billion.
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What Is BTS (BitShares)? An Analysis of Trading Platforms, Total Supply, and Key Features
BitShares (BTS), known in Chinese as “BitGu,” is a decentralized financial platform and its core token launched by Dan Larimer in 2014. It is based on the Delegated Proof-of-Stake (DPoS) consensus algorithm and is designed to provide high-throughput decentralized exchange (DEX) functionality, as well as support the issuance of smart coins (bitAssets). BTS tokens are used within the ecosystem to pay transaction fees, participate in governance voting, and serve as collateral for issuing bitAssets. As of July 2026, the circulating supply of BTS was approximately 2.995 billion; the total supply is close to the circulating supply, and the maximum supply is 3.6 billion.
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