Morpho Token Unlock Schedule
Track MORPHO token unlocks and vesting releases for Morpho. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Produced by Tokenomics.com with data verified by the Morpho team.
Track MORPHO token unlocks and vesting releases for Morpho. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Next Unlock Jul 21, 2026
Detailed breakdown of all scheduled MORPHO token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each MORPHO unlock.
Key questions and answers about Morpho token unlocks and vesting schedule
Morpho's token unlock schedule spans from November 20, 2024 to April 21, 2028 (~41 months), releasing a total of 1,000,000,000 MORPHO tokens across 42 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 28.2% of all tokens have been unlocked.
MORPHO has a total supply of 1,000,000,000 tokens. As of June 2026, approximately 64.7% (647,123,724 tokens) are in circulation per market data, while 71.8% (717,777,782 tokens) remain locked per the vesting schedule.
The next MORPHO token unlock is scheduled for July 21, 2026 (in 23 days), releasing 11,597,222 tokens (1.2% of total supply). This unlock represents 4.1% of Morpho's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming MORPHO unlock releases 4.1% of market cap worth of tokens on July 21, 2026. In total, 22 upcoming unlocks will release 242,777,774 tokens (24.3% 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.
MORPHO token unlocks are distributed to 4 groups: Foundation, Private Investors, Insiders, and Public Investors. The largest allocation (41.7%) goes to Foundation.
Foundation (41.7%) — 417,000,000 MORPHO:
Private Investors (27.5%) — 275,000,000 MORPHO:
Insiders (25.9%) — 259,000,000 MORPHO:
Public Investors (4.9%) — 49,000,000 MORPHO:
All MORPHO tokens will be fully vested by April 21, 2028 approximately 22 months from now. Currently 28.2% of the total supply has been released, with 71.8% (717,777,782 tokens) remaining across 22 future unlock events.
