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Wormhole follows a vesting schedule with allocations to the Ecosystem & Incubation, Foundation Treasury, Community & Launch, Core contributors, Strategic Network Participants and Guardian Nodes. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2028.
When is the next Wormhole unlock?
The next unlock for Wormhole is scheduled for March 6, 2026. Released to Core contributors.
How much Wormhole supply is currently unlocked?
As of today, approximately 5,452,256,088 Wormhole which is 54.52% of Wormhole's total supply has been unlocked. The remaining tokens are still locked and will be released according to the vesting schedule.
Is Wormhole vesting cliff or linear?
Wormhole uses cliff vesting, especially for Ecosystem & Incubation 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 Wormhole circulating and total supply?
The circulating supply of Wormhole is 5,452,256,088 tokens and the total supply is 10,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Wormhole's FDV (Fully Diluted Valuation)?
Wormhole’s FDV is $200,522,000 which reflects the market value if all 10,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Wormhole allocated across stakeholders?
The Wormhole allocation includes Core contributors at 12.00%, Strategic Network Participants at 11.60%, Guardian Nodes at 5.10%, Ecosystem & Incubation at 31.00%, Foundation Treasury at 23.30% and Community & Launch at 17.00%.
Has Wormhole price dropped after past unlocks?
Historically, Wormhole 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 Wormhole unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Wormhole, with visibility for each allocation and amount.