Merlin Chain Token Unlock Schedule
Track MERL token unlocks and vesting releases for Merlin Chain. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Track MERL token unlocks and vesting releases for Merlin Chain. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Next Unlock Oct 1, 2026
Detailed breakdown of all scheduled MERL token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each MERL unlock.
Key questions and answers about Merlin Chain token unlocks and vesting schedule
Merlin Chain's token unlock schedule spans from April 1, 2024 to April 1, 2028 (~48 months), releasing a total of 2,100,000,000 MERL tokens across 49 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 66.9% of all tokens have been unlocked.
MERL has a total supply of 2,100,000,000 tokens. As of September 2026, approximately 66.2% (1,391,178,548 tokens) are in circulation per market data, while 33.1% (694,938,125 tokens) remain locked per the vesting schedule.
The next MERL token unlock is scheduled for October 1, 2026 (in 22 days), releasing 38,632,708 tokens (1.8% of total supply). This unlock represents 2.7% of Merlin Chain's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming MERL unlock releases 2.7% of market cap worth of tokens on October 1, 2026. In total, 19 upcoming unlocks will release 694,938,119 tokens (33.1% 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.
MERL token unlocks are distributed to 5 groups: Foundation, Community, Private Investors, Insiders, and Public Investors. The largest allocation (40%) goes to Foundation.
Foundation (40%) — 840,000,000 MERL:
Community (36.6%) — 767,970,000 MERL:
Private Investors (15.2%) — 319,830,000 MERL:
Insiders (7.2%) — 151,200,000 MERL:
Public Investors (1%) — 21,000,000 MERL:
All MERL tokens will be fully vested by April 1, 2028 approximately 19 months from now. Currently 66.9% of the total supply has been released, with 33.1% (694,938,125 tokens) remaining across 19 future unlock events.
