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Spell follows a vesting schedule with allocations to the Global Farming Incentives, Team Allocation and Initial DEX Offering. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2031.
When is the next Spell unlock?
Spell is fully unlocked.
How much Spell supply is currently unlocked?
As of today, approximately 171,510,541,047 Spell which is 81.67% of Spell's total supply has been unlocked. The remaining tokens are will be released according to the release mechanism.
Is Spell vesting cliff or linear?
Spell uses linear vesting, especially for Global Farming Incentives allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Spell circulating and total supply?
The circulating supply of Spell is 171,510,541,047 tokens and the total supply is 210,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Spell's FDV (Fully Diluted Valuation)?
Spell’s FDV is $39,687,900 which reflects the market value if all 210,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Spell allocated across stakeholders?
The Spell allocation includes Global Farming Incentives at 63.00%, Team Allocation at 30.00% and Initial DEX Offering at 7.00%.
Has Spell price dropped after past unlocks?
Historically, Spell has shown medium volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.
How can I track upcoming Spell unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Spell, with visibility for each allocation and amount.