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Vertex follows a vesting schedule with allocations to the Ongoing Incentives, Founding Team, Protocol Treasury, Initial Token Phase, Ecosystem Development, Early Investors, Future Contributors, Initial VRTX Liquidity and Advisory. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2029.
When is the next Vertex unlock?
The next unlock for Vertex is scheduled for March 10, 2026. Released to Early Investors.
How much Vertex supply is currently unlocked?
As of today, approximately 528,361,752 Vertex which is 52.84% of Vertex's total supply has been unlocked. The remaining tokens are still locked and will be released according to the vesting schedule.
Is Vertex vesting cliff or linear?
Vertex uses linear vesting, especially for Ongoing Incentives allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Vertex circulating and total supply?
The circulating supply of Vertex is 528,361,752 tokens and the total supply is 1,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Vertex's FDV (Fully Diluted Valuation)?
Vertex’s FDV is $95,310 which reflects the market value if all 1,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Vertex allocated across stakeholders?
The Vertex allocation includes Ongoing Incentives at 34.00%, Founding Team at 20.00%, Protocol Treasury at 11.70%, Initial Token Phase at 10.00%, Ecosystem Development at 9.00%, Early Investors at 8.80%, Future Contributors at 5.00%, Initial VRTX Liquidity at 1.00% and Advisory at 0.50%.
Has Vertex price dropped after past unlocks?
Historically, Vertex 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 Vertex unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Vertex, with visibility for each allocation and amount.