Token supply limit

The token-supply-limit compliance module (also called the capped module) enforces a fixed maximum total supply for an asset. DALP rejects any mint that would push the asset's total supply above the configured cap.

Use the cap when the operating model requires a fixed share count, a fixed cap on issuance for a private placement, or a hard ceiling on outstanding supply for a stablecoin reserve management posture. The cap does not adjust automatically when supply burns; if the operating model needs supply to track an evolving reserve, use Supply cap and collateral instead.

For the architecture reference, see Supply and investor limits.

Prerequisites

• The asset already exists (configure during creation) or you have the Asset administrator role on the deployed asset.
• The maximum supply value is signed off by your operating team and matches the regulatory or corporate-action approval.

Configure during asset creation

In the Asset Designer compliance step, pick the token-supply-limit module. Enter the maximum supply value in the asset's decimal units (the Designer converts to base units before deployment).

For instruments with an immutable share count (real-estate fractional ownership, fixed-supply equity issues), set the cap to match the corporate-approved share count. The cap value is restricted-mutable; updates run through the governance-update path.

Configure on an existing asset

From the asset detail workspace, open the compliance tab and update the cap. The platform queues an on-chain transaction. The new cap takes effect after confirmation.

Operating considerations

• The cap is checked against current total supply at the moment of the mint. The platform queues mints in nonce order; concurrent mint attempts share the same cap and the second mint fails if the first consumed the remaining capacity.
• Burning units does not change the cap. After burn, the next mint can re-fill capacity up to the cap value.
• The cap is restricted-mutable. Reducing the cap below the current supply is rejected; the operating team must burn supply first if the goal is to reduce the ceiling.
• The supply-limit module does not enforce collateral or any external dependency. For collateral-gated minting, use Supply cap and collateral.

What stays external

The decision on what the cap should be, the regulatory or corporate-action approval that sets it, and the audit trail justifying any cap update stay with your operating team.

Troubleshooting

Read next

• Compliance overview
• Supply and investor limits architecture
• Supply cap and collateral for collateral-attested supply caps.