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.
Detailed breakdown of all scheduled MORPHO token unlocks
Track historical unlock events and their impact on price
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, 25.9% of all tokens have been unlocked.
MORPHO has a total supply of 1,000,000,000 tokens. As of May 2026, approximately 63.3% (632,517,166 tokens) are in circulation per market data, while 74.1% (740,972,226 tokens) remain locked per the vesting schedule.
The next MORPHO token unlock is scheduled for May 21, 2026 (in 8 days), releasing 11,597,222 tokens (1.2% of total supply). This unlock represents 4.5% 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 4.5% of market cap worth of tokens on May 21, 2026. In total, 24 upcoming unlocks will release 265,972,218 tokens (26.6% 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, Investors, Insiders, and Public Sale. The largest allocation (41.7%) goes to Foundation.
Foundation (41.7%) — 417,000,000 MORPHO:
Investors (27.5%) — 275,000,000 MORPHO:
Insiders (25.9%) — 259,000,000 MORPHO:
Public Sale (4.9%) — 49,000,000 MORPHO:
All MORPHO tokens will be fully vested by April 21, 2028 approximately 23 months from now. Currently 25.9% of the total supply has been released, with 74.1% (740,972,226 tokens) remaining across 24 future unlock events.
