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

Track historical unlock events and their impact on price
Key questions and answers about Frax Finance token unlocks and vesting schedule
Frax Finance's token unlock schedule spans from December 27, 2020 to December 27, 2023 (~36 months), releasing a total of 99,681,753 FXS tokens across 37 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 35% of all tokens have been unlocked.
FXS has a total supply of 99,681,753 tokens. As of April 2026, approximately 35% (34,887,663 tokens) are in circulation, while 65% (64,794,090 tokens) remain locked in vesting contracts.
FXS token unlocks are distributed to 4 groups: Community, Insiders, Investors, and Foundation. The largest allocation (60%) goes to Community.
Community (60%) — 59,809,052 FXS:
Insiders (23%) — 22,926,803 FXS:
Investors (12%) — 11,961,810 FXS:
Foundation (5%) — 4,984,088 FXS:
All FXS tokens will be fully vested by December 27, 2023. Currently 35% of the total supply has been released, with 65% (64,794,090 tokens) remaining across 0 future unlock events.