Tornado Cash (TORN) | Tokenomics, Supply & Release Schedule

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Tornado Cash

TORN

0x7777…6a116c

Rank #607

DeFi ApplicationView all

Price

$8.31

Burn

--

Buyback

--

Dynamic

No

Claim

--

Raise Amount

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Version 1

Updated: 24 Sep 2025

Version 1

Updated: 24 Sep 2025

Fundamentals

USD (Value)

Amount

Reported Market Cap

$31.66M

USD

Adjusted Market Cap

Tokenomist Metric

$83.10M

USD

Fully Diluted Value

Tokenomist Metric

$83.10M

USD

Float %

100.00%

Upcoming Unlocks

Emission

Breakdown by

Cliff Unlock

Linear Release

Deflation

Allocations

Group Allocations

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Allocation Name	% of Allocation	Total Amount (TORN)

3/4

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Metrics

TORN/USD

BTC/USD

Release Schedule

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Chart time is displayed in UTC+0

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Token Information

Last updated 02/21/26 04:14 AM

What is the Tornado Cash token vesting schedule?

Tornado Cash followed a vesting schedule with allocations to the Governance, Team and Investors, Anonymity Mining and Airdrop. Most allocations were released through a cliff mechanism. The unlock schedule ended in 2025.

When is the next Tornado Cash unlock?

Tornado Cash is fully unlocked.

How much Tornado Cash supply is currently unlocked?

As of today, approximately 3,810,550 Tornado Cash which is 38.11% of Tornado Cash's total supply has been unlocked. The remaining tokens are unlocked.

Is Tornado Cash vesting cliff or linear?

Tornado Cash uses cliff vesting, especially for Governance allocations. This means tokens are released all at once after a set waiting period, creating a delayed but significant supply event.

What is the difference between Tornado Cash circulating and total supply?

The circulating supply of Tornado Cash is 3,810,550 tokens and the total supply is 10,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.

What is Tornado Cash's FDV (Fully Diluted Valuation)?

Tornado Cash’s FDV is $83,100,000 which reflects the market value if all 10,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.

How is Tornado Cash allocated across stakeholders?

The Tornado Cash allocation includes Governance at 55.00%, Team and Investors at 30.00%, Anonymity Mining at 10.00% and Airdrop at 5.00%.

Has Tornado Cash price dropped after past unlocks?

Historically, Tornado Cash has shown low 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 Tornado Cash unlocks?

Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Tornado Cash, with visibility for each allocation and amount.

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

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