Track COW token unlocks and vesting releases for CoW Protocol. View upcoming unlock dates, cliff schedules, and circulating supply impact.

No Scheduled Unlocks
44.4% of supply is locked with no scheduled unlocks
Detailed breakdown of all scheduled COW token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each COW unlock.
Key questions and answers about CoW Protocol token unlocks and vesting schedule
CoW Protocol's token unlock schedule spans from March 28, 2022 to March 28, 2026 (~48 months), releasing a total of 1,000,000,000 COW tokens across 49 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 55.6% of all tokens have been unlocked.
COW has a total supply of 1,000,000,000 tokens. As of June 2026, approximately 58.1% (581,302,527 tokens) are in circulation per market data, while 44.4% (444,000,000 tokens) remain locked per the vesting schedule.
COW token unlocks are distributed to 5 groups: Foundation, Insiders, Community, Public Investors, and Private Investors. The largest allocation (54.4%) goes to Foundation.
Foundation (54.4%) — 544,000,000 COW:
Insiders (15.6%) — 156,000,000 COW:
Community (10%) — 100,000,000 COW:
Public Investors (10%) — 100,000,000 COW:
Private Investors (10%) — 100,000,000 COW:
All COW tokens will be fully vested by March 28, 2026. Currently 55.6% of the total supply has been released, with 44.4% (444,000,000 tokens) remaining across 0 future unlock events.