Track XPL token unlocks and vesting releases for Plasma. View upcoming unlock dates, cliff schedules, and circulating supply impact.

Next Unlock Jul 25, 2026
Detailed breakdown of all scheduled XPL token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each XPL unlock.
Key questions and answers about Plasma token unlocks and vesting schedule
Plasma's token unlock schedule spans from September 25, 2025 to September 25, 2028 (~36 months), releasing a total of 10,000,000,000 XPL tokens across 37 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 26% of all tokens have been unlocked.
XPL has a total supply of 10,000,000,000 tokens. As of July 2026, approximately 26% (2,600,000,000 tokens) are in circulation per market data, while 74% (7,400,080,000 tokens) remain locked per the vesting schedule.
The next XPL token unlock is scheduled for July 25, 2026 (in 19 days), releasing 88,880,000 tokens (0.9% of total supply). This unlock represents 3.4% of Plasma's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming XPL unlock releases 63.2% of market cap worth of tokens on September 25, 2026. In total, 27 upcoming unlocks will release 7,400,460,000 tokens (74% 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.
XPL token unlocks are distributed to 4 groups: Community, Private Investors, Insiders, and Public Investors. The largest allocation (40%) goes to Community.
Community (40%) — 4,000,000,000 XPL:
Private Investors (25%) — 2,500,000,000 XPL:
Insiders (25%) — 2,500,000,000 XPL:
Public Investors (10%) — 1,000,000,000 XPL:
All XPL tokens will be fully vested by September 25, 2028 approximately 27 months from now. Currently 26% of the total supply has been released, with 74% (7,400,080,000 tokens) remaining across 27 future unlock events.