Track ETHDYDX token unlocks and vesting releases for dYdX. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Token vesting calendar showing upcoming unlock events
Detailed breakdown of all scheduled ETHDYDX token unlocks
Key questions and answers about dYdX token unlocks and vesting schedule
dYdX's token unlock schedule spans from September 7, 2021 to June 7, 2027 (~69 months), releasing a total of 1,000,000,000 ETHDYDX tokens across 63 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 70.4% of all tokens have been unlocked.
ETHDYDX has a total supply of 1,000,000,000 tokens. As of March 2026, approximately 70.4% (703,601,414 tokens) are in circulation, while 29.6% (296,398,586 tokens) remain locked in vesting contracts.
The next ETHDYDX token unlock is scheduled for April 7, 2026 (in 9 days), releasing 6,978,793 tokens (0.7% of total supply). This unlock represents 1% of dYdX's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming ETHDYDX unlock releases 1% of market cap worth of tokens on April 7, 2026. In total, 8 upcoming unlocks will release 35,005,345 tokens (3.5% of total supply).
Larger unlocks relative to market cap tend to generate stronger selling pressure. Unlocks going to investors and insiders are often considered higher-risk for price impact than those going to community or ecosystem pools.
ETHDYDX token unlocks are distributed to 4 groups: Investors, Foundation, Community, and Insiders. The largest allocation (27.7%) goes to Investors.
Investors (27.7%) — 277,300,000 ETHDYDX:
Foundation (26.1%) — 261,100,000 ETHDYDX:
Community (23.9%) — 238,900,000 ETHDYDX:
Insiders (22.3%) — 222,700,000 ETHDYDX:
All ETHDYDX tokens will be fully vested by June 7, 2027 approximately 14 months from now. Currently 70.4% of the total supply has been released, with 29.6% (296,398,586 tokens) remaining across 8 future unlock events.