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

Track historical unlock events and their impact on price
Key questions and answers about Midnight Network token unlocks and vesting schedule
Midnight Network's token unlock schedule spans from December 9, 2025 to December 9, 2030 (~60 months), releasing a total of 24,000,000,000 NIGHT tokens across 61 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 60% of all tokens have been unlocked.
NIGHT has a total supply of 24,000,000,000 tokens. As of May 2026, approximately 69.2% (16,607,399,401 tokens) are in circulation per market data, while 40% (9,589,449,188 tokens) remain locked per the vesting schedule.
The next NIGHT token unlock is scheduled for June 9, 2026 (in 27 days), releasing 1,082,069,938 tokens (4.5% of total supply). This unlock represents 7.5% of Midnight Network's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming NIGHT unlock releases 7.5% of market cap worth of tokens on June 9, 2026. In total, 55 upcoming unlocks will release 8,156,613,364 tokens (34% 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.
NIGHT token unlocks are distributed to 2 groups: Foundation and Community. The largest allocation (59.7%) goes to Foundation.
Foundation (59.7%) — 14,328,000,000 NIGHT:
Community (40.3%) — 9,672,000,000 NIGHT:
All NIGHT tokens will be fully vested by December 9, 2030 approximately 55 months from now. Currently 60% of the total supply has been released, with 40% (9,589,449,188 tokens) remaining across 55 future unlock events.