Track COW token unlocks and vesting releases for CoW Protocol. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Token vesting calendar showing upcoming unlock events
Detailed breakdown of all scheduled COW token unlocks
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 March 2026, approximately 55.6% (556,000,000 tokens) are in circulation, while 44.4% (444,000,000 tokens) remain locked in vesting contracts.
COW token unlocks are distributed to 5 groups: Foundation, Insiders, Public Sale, Community, and Investors. The largest allocation (54.4%) goes to Foundation.
Foundation (54.4%) — 544,000,000 COW:
Insiders (15.6%) — 156,000,000 COW:
Public Sale (10%) — 100,000,000 COW:
Community (10%) — 100,000,000 COW:
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.