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

Next Unlock Jun 7, 2026
Detailed breakdown of all scheduled SWELL token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each SWELL unlock.
Key questions and answers about Swell token unlocks and vesting schedule
Swell's token unlock schedule spans from November 6, 2024 to October 7, 2028 (~47 months), releasing a total of 10,000,000,000 SWELL tokens across 48 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 27.5% of all tokens have been unlocked.
SWELL has a total supply of 10,000,000,000 tokens. As of May 2026, approximately 48.2% (4,817,823,574 tokens) are in circulation per market data, while 72.5% (7,245,555,558 tokens) remain locked per the vesting schedule.
The next SWELL token unlock is scheduled for June 7, 2026 (in 14 days), releasing 152,777,778 tokens (1.5% of total supply). This unlock represents 5.5% of Swell's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming SWELL unlock releases 5.5% of market cap worth of tokens on June 7, 2026. In total, 29 upcoming unlocks will release 3,930,555,558 tokens (39.3% 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.
SWELL token unlocks are distributed to 5 groups: Community, Private Investors, Insiders, Foundation, and Public Investors. The largest allocation (33.6%) goes to Community.
Community (33.6%) — 3,365,000,000 SWELL:
Private Investors (25%) — 2,500,000,000 SWELL:
Insiders (25%) — 2,500,000,000 SWELL:
Foundation (15%) — 1,500,000,000 SWELL:
Public Investors (1.4%) — 135,000,000 SWELL:
All SWELL tokens will be fully vested by October 7, 2028 approximately 28 months from now. Currently 27.5% of the total supply has been released, with 72.5% (7,245,555,558 tokens) remaining across 29 future unlock events.