Track ETHDYDX token unlocks and vesting releases for dYdX. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Detailed breakdown of all scheduled ETHDYDX token unlocks

Track historical unlock events and their impact on price
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, 71.8% of all tokens have been unlocked.
ETHDYDX has a total supply of 1,000,000,000 tokens. As of May 2026, approximately 44.9% (449,497,918 tokens) are in circulation per market data, while 28.2% (282,441,000 tokens) remain locked per the vesting schedule.
The next ETHDYDX token unlock is scheduled for June 7, 2026 (in 25 days), releasing 5,706,761 tokens (0.6% of total supply). This unlock represents 0.8% 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 0.8% of market cap worth of tokens on June 7, 2026. In total, 6 upcoming unlocks will release 21,047,759 tokens (2.1% 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 13 months from now. Currently 71.8% of the total supply has been released, with 28.2% (282,441,000 tokens) remaining across 6 future unlock events.