Track MKL token unlocks and vesting releases for Merkle Trade. View upcoming unlock dates, cliff schedules, and circulating supply impact.

Next Unlock Aug 5, 2026
Detailed breakdown of all scheduled MKL token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each MKL unlock.
Key questions and answers about Merkle Trade token unlocks and vesting schedule
Merkle Trade's token unlock schedule spans from September 4, 2024 to September 5, 2030 (~72 months), releasing a total of 100,000,000 MKL tokens across 73 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 52.1% of all tokens have been unlocked.
MKL has a total supply of 100,000,000 tokens. As of July 2026, approximately 13.5% (13,500,000 tokens) are in circulation per market data, while 47.9% (47,903,424 tokens) remain locked per the vesting schedule.
The next MKL token unlock is scheduled for August 5, 2026 (in 30 days), releasing 2,041,678 tokens (2% of total supply). This unlock represents 3.9% of Merkle Trade's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming MKL unlock releases 3.9% of market cap worth of tokens on August 5, 2026. In total, 50 upcoming unlocks will release 47,903,408 tokens (47.9% 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.
MKL token unlocks are distributed to 4 groups: Community, Insiders, Foundation, and Private Investors. The largest allocation (46%) goes to Community.
Community (46%) — 46,000,000 MKL:
Insiders (23%) — 23,000,000 MKL:
Foundation (17%) — 17,000,000 MKL:
Private Investors (14%) — 14,000,000 MKL:
All MKL tokens will be fully vested by September 5, 2030 approximately 50 months from now. Currently 52.1% of the total supply has been released, with 47.9% (47,903,424 tokens) remaining across 50 future unlock events.