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  • Tokens
  • Cosmos Hub (ATOM)

    10/14/2025 19:00 UTC

    $3.47

    % Today
    -4.58%

    Unlock Schedule

    Cosmos Hub (ATOM) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Cosmos Hub (ATOM) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence ATOM price performance.

    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

    Core roles of the ATOM token

    • Staking and security: ATOM is bonded to validators to secure the chain. Validators earn block provisions and fees; delegators share those rewards.
    • Fees and gas: ATOM is accepted for transaction fees on the Hub.
    • Governance: ATOM holders vote on parameter changes, software upgrades, and proposals such as onboarding new consumer chains.
    • Interchain Security rewards: A portion of consumer‑chain revenue is directed to ATOM stakers when those chains use the Hub’s validator set. (hub.cosmos.network)

    Cosmos Hub tokenomics in brief

    Cosmos Hub tokenomics have long used a dynamic inflation model targeting roughly two‑thirds of all ATOM staked. If the bonded ratio dips below the target, inflation moves up (to an upper bound); if it sits above, inflation trends down (to a lower bound). This design helps balance security and liquidity across staking and DeFi. Community proposals periodically revisit these bounds and the overall issuance path. In January 2024, for example, Hub voters rejected a proposal to drop the minimum inflation to 0%, keeping the dynamic range approach in place. (forum.cosmos.network)

    The Hub also maintains a Community Pool, funded by a small share of staking rewards (parameterized as a “community tax,” historically 2% by default and adjustable by governance). These funds back public goods, grants, and ecosystem initiatives. In recent years, the Atom Accelerator DAO (AADAO) operated as a governance‑mandated program to deploy grants and venture checks; it shifted to “maintenance mode” in late 2024 and reported its treasury and wind‑down details in 2025 forum updates. (hub.cosmos.network)

    Because governance can fine‑tune inflation, community‑funding flows, and ICS revenue sharing, these choices can influence staking yields, circulating supply, and—indirectly—the ATOM price over time. That’s why you’ll often see “Cosmos Hub tokenomics” discussed actively in governance forums. (forum.cosmos.network)

    Assumptions

    • Supply is uncapped; modeled PoS emissions only through 2025-10-10.

      Cosmos Hub uses dynamic inflation with no fixed max supply; we stop at the request date.

    • Total minted supply as of 2025-10-10 ≈ 470,978,787 ATOM.

      Taken from a live chain analytics explorer; used to derive cumulative PoS issuance since genesis.

    • Partition of PoS issuance into two periods (pre- and post-Prop 848) is estimated.

      We back-solve using current total supply and assume ~10% annualized issuance after 2023-11-25 to estimate post-848 minting; the remainder attributed to pre-848 period.

    • AIB vesting modeled as 24-month linear vesting from 2019-04-22 to 2021-03-13.

      Tendermint materials indicate ~2-year post-genesis vesting; Binance Research mentions team non-transferability for 12 months and 22-month vesting with a 2-month cliff for remaining AIB tokens. Due to inconsistent public specifics, we consolidate to a single 24-month linear schedule starting when transfers were enabled.

    • Seed/Strategic/Public/ICF allocations had no additional vesting beyond network-wide transfer enablement.

      Primary sources (whitepaper/research) do not specify lockups for fundraiser participants or ICF; therefore modeled as a single cliff at transfer enablement on 2019-04-22.

    Allocations

    Seed Round 5.08%
    90%
    How certain we are about this information
    11,998,907.072 tokens
    Cliff: Apr 22, 2019 — NaN% of allocation
    Initial transfers were disabled at mainnet launch and enabled via governance on 2019-04-22; seed tokens had no additional vesting specified in official materials.
    Strategic Round 7.03%
    90%
    How certain we are about this information
    16,604,786.756 tokens
    Cliff: Apr 22, 2019 — NaN% of allocation
    Initial transfers were disabled at mainnet launch and enabled via governance on 2019-04-22; strategic tokens had no additional vesting specified in official materials.
    Public Fundraiser 67.86%
    90%
    How certain we are about this information
    160,284,612.98 tokens
    Cliff: Apr 22, 2019 — NaN% of allocation
    Initial transfers were disabled at mainnet launch and enabled via governance on 2019-04-22; fundraiser tokens had no additional vesting specified.
    Interchain Foundation (ICF) 10.00%
    85%
    How certain we are about this information
    23,619,895.812 tokens
    Cliff: Apr 22, 2019 — NaN% of allocation
    Initial transfers enabled 2019-04-22; ICF allocation not subject to additional vesting per primary sources.
    All in Bits (Tendermint/AIB) 10.03%
    75%
    How certain we are about this information
    23,690,755.499 tokens
    Linear vesting: Apr 22, 2019 - Mar 13, 2021 (monthly)
    Modeled as ~24-month linear vesting starting when transfers were enabled. Sources indicate AIB tokens vest over ~2 years post-genesis; some materials also reference non-transferability for certain team tokens for 12 months. See assumptions for treatment.
    PoS Validator Rewards (Network Issuance) 0.00%
    70%
    How certain we are about this information
    234,779,828.88 tokens
    Linear vesting: Mar 13, 2019 - Nov 25, 2023 (monthly)
    Dynamic inflation era with parameters inflation_min=7%, inflation_max=20%, inflation_rate_change=13%/yr, goal_bonded=67%. Minting distributed to validators/delegators and community tax per distribution module.
    Linear vesting: Nov 25, 2023 - Oct 10, 2025 (monthly)
    After Prop 848 passed, inflation_max reduced from 20% to 10% (inflation_min remained 7%). Amount approximated using observed total supply by 2025-10-10 and average ~10% annualized issuance; see assumptions.

    Description

    #80

    Cosmos Hub is the flagship blockchain of Cosmos, an ecosystem of interoperable blockchains. It acts as a router and a bridge between different zones that use Tendermint consensus and IBC protocol.

    Sector: Layer 1
    Blockchain: Cosmos
    2019
    Last Updated: 10/10/2025 00:54 UTC