The State of Token Unlocks, Q3 2026
A systematic review of scheduled unlocks across the top 30 liquid assets and what they imply for circulating-supply growth.
By Nina Petrov · 2026-08-29 00:00 UTC
Unlock schedules are one of the few supply-side signals that are known in advance. In this report we catalog scheduled unlocks across major assets and group them by category: team, investors, community, treasury and ecosystem.
We find that category matters more than raw size: investor unlocks tend to cluster after cliff periods and are more price-relevant than smaller, frequent community emissions. The ratio of unlock size to circulating supply is a more informative metric than the dollar figure alone.
All figures are computed on deterministic demo data and labeled as such.
Methodology and calculations are available in the ZEVO analytics library. Demo dataset — not financial advice.