Plasma Token Unlock Schedule
Track XPL token unlocks and vesting releases for Plasma. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
XPL Unlock Schedule Details
Detailed breakdown of all scheduled XPL token unlocks
XPL Token Unlock FAQ
Key questions and answers about Plasma token unlocks and vesting schedule
What is the XPL token unlock 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, 24.2% of all tokens have been unlocked.
- TGE date: September 25, 2025
- Final unlock: September 25, 2028
- Total unlock events: 37
- Vesting duration: ~36 months
- Initial float: 0%
- Currently unlocked: 24.2%
What is the total supply and circulating supply of XPL?
XPL has a total supply of 10,000,000,000 tokens. As of April 2026, approximately 24.2% (2,422,160,000 tokens) are in circulation, while 75.8% (7,577,840,000 tokens) remain locked in vesting contracts.
- Total supply: 10,000,000,000 XPL
- Circulating: 2,422,160,000 (24.2%)
- Locked: 7,577,840,000 (75.8%)
When is the next XPL token unlock?
The next XPL token unlock is scheduled for May 25, 2026 (in 26 days), releasing 88,880,000 tokens (0.9% of total supply). This unlock represents 3.7% of Plasma's current market cap.
- Date: May 25, 2026 (in 26 days)
- Amount: 88,880,000 XPL
- % of total supply: 0.9%
- % of market cap: 3.7%
Recipient breakdown for this unlock:
- Community: 100%
How do XPL token unlocks affect the price?
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, 29 upcoming unlocks will release 7,578,220,000 tokens (75.8% of total supply).
- Largest unlock: 63.2% of market cap on September 25, 2026
- Largest unlock size: 17.6% of total supply
- Remaining unlocks: 29 events
- Remaining tokens to unlock: 7,578,220,000 XPL (75.8%)
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.
Who receives XPL token unlocks?
XPL token unlocks are distributed to 4 groups: Community, Investors, Insiders, and Public Sale. The largest allocation (40%) goes to Community.
Community (40%) — 4,000,000,000 XPL:
- Ecosystem & Growth: 40% (20.0% at TGE , 36 Month Linear Vesting)
Investors (25%) — 2,500,000,000 XPL:
- Investors: 25% (12 Month Cliff, 24 Month Linear Vesting)
Insiders (25%) — 2,500,000,000 XPL:
- Team: 25% (12 Month Cliff, 24 Month Linear Vesting)
Public Sale (10%) — 1,000,000,000 XPL:
- Public Sale: 10% (100.0% at TGE )
When will all XPL tokens be fully vested?
All XPL tokens will be fully vested by September 25, 2028 approximately 29 months from now. Currently 24.2% of the total supply has been released, with 75.8% (7,577,840,000 tokens) remaining across 29 future unlock events.
- Released: 24.2% (2,422,160,000 XPL)
- Remaining: 75.8% (7,577,840,000 XPL)
- Final vesting date: September 25, 2028
- Time remaining: ~29 months
- Remaining events: 29
