Float % provides a single number that captures how much of a token's total supply is currently available for trading. The formula on Tokenomist is: Circulating Supply divided by Max Supply multiplied by 100. This metric appears in the Fundamentals section of each token detail page and is distinct from the broader "Token Float" concept, which encompasses the qualitative dynamics of supply availability. A low Float % — typically below 20% — indicates that the vast majority of a token's supply is still locked in vesting contracts, reserved for future emissions, or otherwise unavailable for trading. These tokens are disproportionately affected by unlock events because each unlock represents a large percentage increase in tradeable supply. For example, if a token has 10% Float % and a 5% unlock event occurs, the tradeable supply increases by 50% relative to what was previously available — a massive potential dilution of existing holders. Conversely, a high Float % — above 70% — suggests the token has already gone through most of its supply distribution. Unlock events for high-float tokens have a proportionally smaller impact on tradeable supply, making price less sensitive to vesting schedules. Tokenomist's Emission Screener lets you filter and sort tokens by Float % to identify which projects are still in their early dilution phase and which have reached supply maturity.