Centrifuge (CFG)
Unlock Schedule
Centrifuge (CFG) Token Unlock & Vesting Schedule
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
CFG is an ERC-20 token on Ethereum. During a migration that began in May 2025, holders of the former Centrifuge Chain token and its wrapped Ethereum version could exchange them for the current CFG token at a one-to-one ratio. The migration is closed. This history matters because older references to CFG staking, validator rewards, and chain transaction fees describe the former blockchain design. (developer.centrifuge.io)
Centrifuge’s published tokenomics recorded a total supply of about 697 million CFG as of June 2026. A 2025 governance proposal created 115 million tokens for ecosystem incentives. Of those, 15 million unlocked when minted, while 100 million were set to vest gradually through April 2029. The published model also sets annual token issuance at 3% of total supply, with newly issued tokens going to the Centrifuge treasury. Vesting releases and new issuance are two separate ways the available token supply can change. (developer.centrifuge.io)
CFG has served as the ecosystem’s governance token. Under a governance change approved in November 2025, active DAO voting paused and day-to-day oversight moved to the Centrifuge Network Foundation; DAO tools remain available for possible reactivation. CFG also has a role in the project’s proposed corporate restructuring, discussed below. Fund share tokens such as JTRSY are separate: they represent positions in particular investment products, with rights defined by those products. Holding CFG alone does not make someone a shareholder in a Centrifuge fund. (docs.centrifuge.io)
Assumptions
Centrifuge began with a 400-million-CFG mint, subsequently issued rewards, and minted another 115 million for ecosystem incentives in May 2025. Of that new mint, 15 million unlocked immediately and 100 million is described as vesting through April 2029; older team, stakeholder, reward and treasury programs have important amounts or payment dates that remain unresolved. The chart can show sourced mints and unlocks separately, while monthly changes inferred between legacy supply observations are estimates, not identified program payments. The supplied 578.4-million reference does not match Centrifuge’s officially reported 697.2-million total for June 2026, so a reconciled September 2026 total is not asserted.
- PoS validator and collator rewards, including treasury block rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- PoS validator and collator rewards, including treasury block rewards: Emission continues with no published future rate or end date.
- Tinlake liquidity, asset-originator and successor pool rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- Polkadot parachain crowdloan CFG rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- Spendability of claimed crowdloan rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- Legacy core-contributor and initial-backer vesting: The sources give the amount but no release dates.
- Legacy core-team vesting: The sources give the amount but no release dates.
- Remaining other-stakeholder vesting: The sources give the amount but no release dates.
- Treasury-funded grants and operations: Releases depend on future governance or treasury decisions.
- Treasury Advisory Group initial mandate: The sources give the amount but no release dates.
- Treasury Advisory Group CP168 renewal: The sources give the amount but no release dates.
- 1. https://www.securities.io/wp-content/uploads/2022/05/Centrifuge.pdf
- 2. https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317
- 3. https://gov.centrifuge.io/t/cp149-migration-of-centrifuge-governance-token-cfg-to-evm/6810
- 4. https://developer.centrifuge.io/getting-started/token-summary/
- 5. https://gov.centrifuge.io/t/cp92-updating-cp6-block-rewards/5839
- 6. https://gov.centrifuge.io/t/governance-update-march-2024/6305
- 7. https://gov.centrifuge.io/t/cp61-pool-rewards-parameters/5643
- 8. https://github.com/centrifuge/cps/blob/main/cps/CP21.md
- 9. https://gov.centrifuge.io/t/cp81-unclaimed-tinlake-rewards/5885
- 10. https://gov.centrifuge.io/t/cp84-unclaimed-polkadot-rewards/6035
- 11. https://gov.centrifuge.io/t/council-motion-88-discontinue-polkadot-crowdloan-claims/6318
- 12. https://gov.centrifuge.io/t/faq-after-migration-to-parachain/3887
- 13. https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464
- 14. https://gov.centrifuge.io/t/cp140-renewal-treasury-advisory-group-funding/6736
- 15. https://gov.centrifuge.io/t/cp168-renewal-treasury-advisory-group-funding/7034
- 16. https://centrifuge.io/blog/centrifuge-releases-cp172-faqs
- 17. https://www.coingecko.com/
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Description
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Centrifuge is a blockchain platform that bridges real-world assets and DeFi on Polkadot. It is built on Parity Substrate, a platform that facilitates cross-chain communication and security with Polkadot. Centrifuge also leverages Ethereum’s liquidity through its financial DApp Tinlake.
| Sector: | RWA |
| Blockchain: | Polkadot |