Avalanche (AVAX)
Unlock Schedule
Avalanche (AVAX) Token Unlock & Vesting Schedule
As of October 17, 2026, 443.3 million of the 720 million AVAX (61.57%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 16.32 million AVAX (all estimated) from PoS validator and delegator rewards and Avalanche Foundation, worth about $162.48 million at today's price (3.69% of the market cap). Today's release is an estimated 27,647 AVAX from PoS validator and delegator rewards. The next installment is in December 2026: an estimated 1.67 million AVAX from Avalanche Foundation.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
What AVAX does
AVAX has a supply cap of 720 million tokens. Of these, 360 million were created at the network’s start. New tokens are issued as staking rewards, while transaction fees paid in AVAX on the Primary Network are burned, meaning they are permanently removed from circulation. Rewards and fee burns are separate parts of the token’s economic model. (support.avax.network)
AVAX pays for transfers and smart-contract actions on the C-Chain. It is also staked on the P-Chain to support Primary Network validation. Running a Primary Network validator requires at least 2,000 AVAX; a holder can instead delegate at least 25 AVAX to an existing validator. Validators and eligible delegators can receive rewards for taking part in this process. (docs.avax.network)
Custom L1s use AVAX differently. Their validators pay an AVAX-denominated fee for their place in Avalanche’s validator registry, but an L1 can set its own staking rules and use another token for transactions on its chain. As a result, activity across the broader ecosystem does not always create the same direct use for AVAX as activity on the C-Chain. (docs.avax.network)
Upcoming AVAX Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Oct 17 – 31, 2026 | PoS validator and delegator rewards | Issuance, estimated | 414.7K | $4.1M | 0.06% |
| Nov 2026 | PoS validator and delegator rewards | Issuance, estimated | 829.4K | $8.3M | 0.12% |
| Dec 2026 | Avalanche Foundation | Vesting, estimated | 1.7M | $16.6M | 0.23% |
| PoS validator and delegator rewards | Issuance, estimated | 857K | $8.5M | 0.12% | |
| Jan 2027 | PoS validator and delegator rewards | Issuance, estimated | 857K | $8.5M | 0.12% |
| Feb 2027 | PoS validator and delegator rewards | Issuance, estimated | 774.1K | $7.7M | 0.11% |
| Total, next 12 months | 16.3M | $162.5M | 2.27% | ||
Values at $9.96 per AVAX (October 17, 2026), today's price, not a forecast. Releases continue after September 2027. Estimated amounts are modeled from the schedule's rules rather than dated by a source; see the Assumptions below. Releases without dates are listed under Allocations.
Assumptions
Avalanche created 360 million AVAX at launch and issues further tokens as staking rewards, subject to a 720-million cap. The chart includes dated sale and team unlocks, an estimated long-term Foundation schedule, and separate restrictions on Foundation tokens sold to a treasury company; several grant and incentive budgets have no established payment dates. Dated total-supply snapshots now trace estimated net growth from launch through October 8, 2026, but that growth is not a measurement of gross monthly staking rewards. The documented burn figure is only a November 2025 lower bound, so the chart cannot fully reconcile gross issuance to October 2026 supply.
- Community and developer endowment: Releases depend on recipients claiming tokens or on grants being awarded.
- Strategic partners: Releases depend on recipients claiming tokens or on grants being awarded.
- Airdrop allocation: Releases depend on recipients claiming tokens or on grants being awarded.
- Avalanche Multiverse incentive program: Releases depend on recipients claiming tokens or on grants being awarded.
- PoS validator and delegator rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://build.avax.network/docs/primary-network/avax-token
- 2. https://build.avax.network/docs/api-reference/data-api/avax-supply/getAvaxSupply
- 3. https://raw.githubusercontent.com/ava-labs/avalanchego/master/genesis/genesis_mainnet.json
- 4. https://github.com/ava-labs/avalanchego/blob/master/genesis/README.md
- 5. https://www.sec.gov/Archives/edgar/data/2035053/000119312526096950/avax_s-1_amendment_6.htm
- 6. https://medium.com/avalancheavax/avalanche-raises-42m-in-4-5-hours-for-its-first-public-sale-d09362bf3efc
- 7. https://app.blockworks.com/projects/avalanche/token-unlocks
- 8. https://medium.com/avalancheavax/avalanche-foundation-launches-multiverse-an-up-to-290m-incentive-program-to-accelerate-growth-of-c815ac5692c7
- 9. https://www.sec.gov/Archives/edgar/data/2092446/000110465926098819/tmb-20260630x10q.htm
- 10. https://build.avax.network/docs/primary-network/validate/how-to-stake
- 11. https://zebpay.com/blog/the-rise-of-avalanche
- 12. https://coindcx.com/blog/crypto-technical-analysis/avax-crypto/
- 13. https://www.vaneck.com/fr/en/avalanche-etn
- 14. https://www.mexc.com/price/AVAX
- 15. https://build.avax.network/docs/rpcs/other/guides/txn-fees
- 16. https://www.coingecko.com/
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 6 markets on Binance, OKX, Hyperliquid and Lighter · $150.1M open interest
KuCoin (CEX) | 30M | 158K/129K |
Binance (CEX) | 29M | 476K/407K |
![]() Coinbase (CEX) | 7.4M | 409K/853K |
OKX (CEX) | 7M | 488K/388K |
Bybit (CEX) | 6.2M | 148K/138K |
Gate.io (CEX) | 5.9M | 907K/486K |
Kraken (CEX) | 3.2M | 1.1M/1.1M |
Binance (CEX) | 2.5M | 41K/84K |
Binance (CEX) | 2.1M | 205K/255K |
HTX (CEX) | 1.7M | 15K/57K |
Kraken (CEX) | 1.1M | 700K/811K |
Bitget (CEX) | 1.1M | 471K/375K |
Binance (CEX) | 688K | 42K/83K |
![]() MEXC (CEX) | 621K | 207K/184K |
KuCoin (CEX) | 620K | 54K/12K |
Bybit (CEX) | 418K | 65K/53K |
OKX (CEX) | 339K | 1.3M/1.3M |
Kraken (CEX) | 286K | 100K/147K |
![]() Coinbase (CEX) | 204K | 28K/159K |
Kraken (CEX) | 184K | 94K/199K |
Binance (CEX) | 134K | 2.4K/34K |
Binance (CEX) | 108K | 4.1K/5.3K |
![]() MEXC (CEX) | 43K | 257K/190K |
Binance (CEX) | 38K | 3.1K/2.7K |
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Estimated from the last observation onward: about 27,647 per day (841,496 per month), the rate between the observations of 14 February 2026 and 8 October 2026.
Description
#27
Avalanche blockchain is an open-source platform that supports decentralized applications and smart contracts in a scalable and interoperable ecosystem. It uses a novel consensus engine called Avalanche that can achieve near-instant transaction finality.
| Sector: | Layer 1 |
| Blockchain: | Avalanche |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 6 markets on Binance, OKX, Hyperliquid and Lighter · $150.1M open interest
KuCoin (CEX) | 30M | 158K/129K |
Binance (CEX) | 29M | 476K/407K |
![]() Coinbase (CEX) | 7.4M | 409K/853K |
OKX (CEX) | 7M | 488K/388K |
Bybit (CEX) | 6.2M | 148K/138K |
Gate.io (CEX) | 5.9M | 907K/486K |
Kraken (CEX) | 3.2M | 1.1M/1.1M |
Binance (CEX) | 2.5M | 41K/84K |
Binance (CEX) | 2.1M | 205K/255K |
HTX (CEX) | 1.7M | 15K/57K |
Kraken (CEX) | 1.1M | 700K/811K |
Bitget (CEX) | 1.1M | 471K/375K |
Binance (CEX) | 688K | 42K/83K |
![]() MEXC (CEX) | 621K | 207K/184K |
KuCoin (CEX) | 620K | 54K/12K |
Bybit (CEX) | 418K | 65K/53K |
OKX (CEX) | 339K | 1.3M/1.3M |
Kraken (CEX) | 286K | 100K/147K |
![]() Coinbase (CEX) | 204K | 28K/159K |
Kraken (CEX) | 184K | 94K/199K |
Binance (CEX) | 134K | 2.4K/34K |
Binance (CEX) | 108K | 4.1K/5.3K |
![]() MEXC (CEX) | 43K | 257K/190K |
Binance (CEX) | 38K | 3.1K/2.7K |

