Token Unlock & Vesting Calculator

Model team/investor vesting schedules. See how much new supply hits the market each month and what sell pressure that creates.

Monthly unlock
Monthly USD value
Supply inflation/mo

12-month unlock schedule

Month Tokens unlocked USD value Supply +%
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How to use this calculator

  1. Enter the total number of tokens in the unlock and the current token price to size the event in dollars.
  2. Set the cliff period in months and the cliff unlock percentage released at that date.
  3. Enter the vesting period in months over which the remainder streams, plus current circulating supply.
  4. Compare the daily unlock rate and % of circulating supply to the token's average daily volume.

The theory behind it

Token unlocks release previously locked supply from team, investor, or ecosystem allocations into the tradable float. A cliff is a waiting period during which nothing vests; at the cliff date a lump sum is released at once. After the cliff, the remaining tokens usually vest linearly — a fixed amount each day or month until the schedule ends.

The size of an unlock matters mainly relative to existing liquidity. An unlock worth a small fraction of daily trading volume is usually absorbed with little visible effect, while one representing a large share of circulating supply or of daily volume can create sustained selling pressure as recipients distribute their positions.

Not all unlocked tokens are sold. Some are staked, held long term, or moved to treasuries and market makers. Unlock schedules are also frequently priced in ahead of the date, so price weakness can appear before the event and stabilize afterward.

Frequently asked questions

Does a token unlock always push the price down?

No. Unlocks increase potential supply, but the effect depends on how much is actually sold, existing liquidity, and whether the market already anticipated the event.

What is the difference between a cliff and linear vesting?

A cliff releases a block of tokens at a single date after a waiting period, while linear vesting spreads the remaining tokens evenly across the vesting months.

Why compare unlock size to circulating supply and daily volume?

Both measure absorption capacity: a release equal to a large share of float or of typical daily volume is harder for the market to take on without price impact.

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