diff --git a/src/api/controllers/token.controller.js b/src/api/controllers/token.controller.js
index b04e0eb..5df0311 100644
--- a/src/api/controllers/token.controller.js
+++ b/src/api/controllers/token.controller.js
@@ -1,5 +1,6 @@
 const memcached = require("../../config/memcached");
 const { executeApiCall } = require("../services/rpc.service");
+const {ACCOUNTS_TO_SUBTRACT_AMPLITUDE, ACCOUNTS_TO_SUBTRACT_PENDULUM} = require("../utils/constants");
 
 async function fetchTokenStats(network) {
   console.log(`Fetching token stats for network ${network}`);
@@ -11,8 +12,10 @@ async function fetchTokenStats(network) {
   let totalTransferable = BigInt(0);
   let totalLocked = BigInt(0);
   let totalReserved = BigInt(0);
+  let supplyToIgnore = BigInt(0);
 
   accounts.forEach((entry) => {
+    const account = entry[0].toHuman()[0]
     const balances = entry[1].toHuman().data;
     const miscFrozen = BigInt(balances.miscFrozen.replace(/,/g, ""));
     const feeFrozen = BigInt(balances.feeFrozen.replace(/,/g, ""));
@@ -20,6 +23,24 @@ async function fetchTokenStats(network) {
     const free = BigInt(balances.free.replace(/,/g, ""));
     const reserved = BigInt(balances.reserved.replace(/,/g, ""));
 
+    // We mantain the supplyToIgnore to subtract it from the total transferable
+    let accountsToSubtract = [];
+    if (network === "amplitude") {
+      accountsToSubtract = ACCOUNTS_TO_SUBTRACT_AMPLITUDE;
+    } else if (network === "pendulum") {
+      accountsToSubtract = ACCOUNTS_TO_SUBTRACT_PENDULUM;
+    } else {
+      console.error("Invalid network");
+    }
+
+    // We define the circulating supply as the total transferable (free - frozen) minus 
+    // the total transferable of a set of predefined multisig accounts (https://github.com/pendulum-chain/tasks/issues/242)
+    // We keep track of the transferable of these accounts
+    // which will then be subtracted from the total transferable
+    if (accountsToSubtract.includes(String(account))) {
+      supplyToIgnore += free - frozen;
+    }
+
     totalIssuance += free + reserved;
     totalTransferable += free - frozen;
     totalLocked += frozen;
@@ -43,6 +64,7 @@ async function fetchTokenStats(network) {
     totalTransferable: format(totalTransferable),
     totalLocked: format(totalLocked),
     totalReserved: format(totalReserved),
+    totalCirculating: format(totalTransferable-supplyToIgnore),
   };
 }
 
@@ -148,3 +170,13 @@ exports.getTotalReserved = async (req, res, next) => {
     res.json(stats.totalReserved);
   });
 };
+
+/**
+ * Get token cirulating supply
+ * @public
+ */
+exports.getCirculatingSupply = async (req, res, next) => {
+  tryGetTokenStats({ req, res, next }, (stats) => {
+    res.json(stats.totalCirculating);
+  });
+};
diff --git a/src/api/routes/v1/stats.route.js b/src/api/routes/v1/stats.route.js
index 884f594..af1e850 100644
--- a/src/api/routes/v1/stats.route.js
+++ b/src/api/routes/v1/stats.route.js
@@ -63,4 +63,17 @@ router
    */
   .get(controller.getTotalReserved);
 
+router
+  .route("/circulatingsupply")
+  /**
+   * @api {get} token/stats/circulatingsupply Token circulating supply
+   * @apiDescription Get the current token stats for adjusted circulating supply
+   * @apiVersion 1.0.0
+   * @apiName ListTokenStatsCirculatingSupply
+   *
+   * @apiSuccess {Object[]} tokenStats List of token stats total adjusted circulating supply.
+   */
+  .get(controller.getCirculatingSupply);
+
 module.exports = router;
+
diff --git a/src/api/utils/constants.js b/src/api/utils/constants.js
new file mode 100644
index 0000000..4ea679d
--- /dev/null
+++ b/src/api/utils/constants.js
@@ -0,0 +1,21 @@
+const ACCOUNTS_TO_SUBTRACT_PENDULUM = [
+    "6cY3Zrb2gr1xt3BczzJ3xoMpF7UyrcGNfR3cjkjcF7auq2Y9",
+    "6gfLdZvfW2w6fDaPpVfUs53W8Aay17s1bjwcFaqDaBVt7Muo",
+    "6biLQnLREwRd9aSPiN9xxR2UDCPa1XL3ZSwqNUxNEr3QvGDk",
+    "6eiGivQB9dtQUMs1VpxATipDYrewWSr4kGsvgjELgqnvRYyx",
+    "6gKuTtzLBtgYyW3SP6jh7DnXbNU8fDVFG2AxHCLbGYqaspe7",
+    "6cGTMDwqhePxUw5Fgfz8zHhJUhW7xkLRASSt6cwUmbSL137U",
+    "6gB6fuaAazhhctdcEfUmQDqHkzYBsdSHFoe7TAv8wSNdAgMx",
+    "6cABSUjhvnGP6fHrs8LRtzbvrvG9o9AtA92aakSSYpPtjP58",
+    "6gKxy1JM3FeUU9SB9BtQEzH8XTTZBPmyEjYYJBVFae23je5h",
+    "6eS2NM9rpKgM7HKVc5aksfSfyMqLWbKmqiavxQ9wxfvDnN7Y",
+    "6cE1nHQu9XRH6pUSjMejCUzF39XqFx3HwgZNTMHNTZZw2c7M",
+]
+
+const ACCOUNTS_TO_SUBTRACT_AMPLITUDE = [
+]
+
+module.exports = {
+    ACCOUNTS_TO_SUBTRACT_PENDULUM,
+    ACCOUNTS_TO_SUBTRACT_AMPLITUDE,
+}
\ No newline at end of file