Build and Backtest Tokenomist API
Tokenomist

Released Progress

Released Progress is the dual-bar visualization on Tokenomist's token detail page that shows both Unlocked Supply and Claimed Supply as percentages of total supply. It displays five supply states — Unlocked, Claimed, TBD Locked, Total Locked, and Untracked — providing an at-a-glance view of a token's distribution lifecycle.
TradFi parallel — Like a corporate share registry summary showing authorized shares versus issued shares versus outstanding shares — a single view that reveals how much equity has been distributed, how much is reserved, and how much remains unallocated.

Key Takeaways

  • 01
    Dual-bar visualization showing Unlocked Supply and Claimed Supply as percentages of total supply on the Token Detail Overview page
  • 02
    Five supply states: Unlocked, Claimed, TBD Locked, Total Locked, and Untracked — more granular than binary locked/unlocked models
  • 03
    The gap between Unlocked and Claimed bars reveals beneficiary withdrawal behavior at a glance
  • 04
    TBD Locked separates known allocations with unconfirmed vesting terms from fully confirmed locked supply
  • 05
    Provides a single reference point for supply-side risk assessment without navigating multiple dashboards

How It Works

The Released Progress section on Tokenomist's Token Detail Overview page distills a token's entire supply distribution into a compact visual summary. Two horizontal bars show the percentage of total supply that has been unlocked (cleared vesting) and claimed (withdrawn on-chain), creating an immediate sense of where the token stands in its distribution lifecycle. The visualization breaks total supply into five distinct states. Unlocked represents tokens past their vesting period and available for withdrawal. Claimed is the subset of unlocked tokens that beneficiaries have actually withdrawn to their wallets. TBD Locked covers allocations with announced but unconfirmed lock parameters — these are known allocations whose exact vesting terms haven't been finalized on-chain. Total Locked represents tokens still within their vesting or lock period. Untracked accounts for supply that doesn't fall into Tokenomist's tracked categories, which may include burned tokens, permanently lost tokens, or allocations not yet mapped in the platform's database. This five-state model is more granular than the binary locked/unlocked view offered by most analytics platforms. By separating claimed from unlocked, Released Progress reveals beneficiary behavior — are they actively withdrawing, or letting tokens sit in contracts? By distinguishing TBD Locked from Total Locked, it quantifies schedule uncertainty. Together, these states give portfolio managers, researchers, and traders a single reference point for assessing supply-side risk without navigating multiple dashboards or spreadsheets.

Real World Examples

Hyperliquid Released Progress Overview
View →
Hyperliquid's Token Detail page displays the Released Progress bar showing HYPE's unlocked and claimed percentages. The visualization reveals how much of the total supply has cleared vesting versus how much remains locked, with TBD Locked capturing ecosystem allocations whose exact schedules are still being determined.
Arbitrum Five-State Supply Breakdown
View →
Arbitrum's Released Progress bar shows a meaningful gap between unlocked and claimed supply, indicating that some investors and team members have available tokens they haven't withdrawn. The TBD Locked segment captures DAO treasury allocations awaiting governance decisions on distribution timelines.
Optimism Distribution Lifecycle Tracking
View →
Optimism's Released Progress visualization shows the token progressing through its multi-year distribution plan. The dual bars track how RetroPGF distributions, investor vesting, and team allocations gradually shift supply from Locked through Unlocked to Claimed over time.
Starknet Early-Stage Supply Profile
View →
Starknet's Released Progress bar shows a relatively low unlocked percentage compared to total supply, reflecting the token's early position in its vesting schedule. The large Total Locked and TBD Locked segments indicate significant future supply events that investors should factor into long-term holding decisions.

Frequently Asked Questions

What are the five supply states shown in Released Progress?
Released Progress displays five states: Unlocked (tokens past vesting, available for withdrawal), Claimed (unlocked tokens actually withdrawn on-chain), TBD Locked (known allocations with unconfirmed vesting terms), Total Locked (tokens still within their vesting period), and Untracked (supply not mapped in Tokenomist's database, including potentially burned or lost tokens).
Why does Released Progress show two bars instead of one?
The dual-bar design separates Unlocked Supply from Claimed Supply to reveal beneficiary behavior. A single bar would only show whether tokens are locked or unlocked, missing the critical insight of whether beneficiaries are actively withdrawing their available tokens — a key signal for anticipating sell-side pressure.
What does TBD Locked mean in the Released Progress bar?
TBD Locked represents token allocations that are known to exist (e.g., announced ecosystem funds or treasury reserves) but whose exact vesting or lock parameters haven't been confirmed on-chain. These allocations are expected to be locked but their precise unlock schedules are still being determined by the project team or DAO governance.
Where can I find the Released Progress bar on Tokenomist?
Released Progress appears as a section heading on the Token Detail Overview page for each tracked token. Navigate to any token's page (e.g., tokenomist.ai/hyperliquid) and look for the Released Progress section showing the dual-bar supply visualization.
How often is the Released Progress bar updated?
Released Progress updates in real time as new on-chain data is detected. When a beneficiary claims tokens, the Claimed bar advances. When a vesting tranche completes, the Unlocked bar advances. The visualization always reflects the latest verified state of the token's supply distribution.

Related Terms

Track on Tokenomist

Supply-side analysis for educational purposes. Not financial advice. Verify assumption and precision labels on the relevant token page.
Tokenomist
Tokenomist.ai provides a complete solution for supply-side tokenomics data. Analyze future token emissions, track vesting schedules, and compare standardized tokenomics and allocation across projects to gain actionable insights