Cosmos Hub (ATOM)
Unlock Schedule
Cosmos Hub (ATOM) Token Unlock & Vesting Schedule
As of October 16, 2026, 534.63 million ATOM have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 62.68 million ATOM (all estimated) from PoS Inflationary Validator and Delegator Rewards, worth about $109.76 million at today's price (11.72% of the market cap). Today's release is an estimated 179,090 ATOM from PoS Inflationary Validator and Delegator Rewards.
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
ATOM has three core jobs on Cosmos Hub. Staking helps secure the chain: validators and their delegators receive rewards for taking part in consensus. Governance lets staked token holders vote on proposals about upgrades, settings, and community funds. Fees pay for Hub transactions, including transfers and staking actions. A person who delegates still holds their ATOM at their own blockchain address while the validator uses the delegated voting power in consensus. (coingecko.com)
New ATOM enters circulation through an inflation system tied to staking participation. The model described in the Hub’s tokenomics research has an annual inflation floor of 7% and a ceiling of 10%. It adjusts toward those bounds according to how much ATOM is staked. This means the token has no fixed maximum supply under that model. Rewards and transaction fees are shared through the network’s distribution rules, while validators set commissions on the rewards earned by their delegators. (forum.cosmos.network)
Leaving a delegation involves an unbonding period, historically set at 21 days on the Hub. The community can change network parameters through governance. Cosmos Labs and community researchers have also been studying ATOM’s economic model, including ways to connect rewards more closely to useful network services. Those ideas are part of an ongoing design process. (cosmos.chaindev.net)
Upcoming ATOM Releases
| Period | Allocation | Type | Amount | Value |
|---|---|---|---|---|
| Oct 16 – 31, 2026 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 2.9M | $5M |
| Nov 2026 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 5.4M | $9.4M |
| Dec 2026 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 5.6M | $9.7M |
| Jan 2027 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 5.6M | $9.7M |
| Feb 2027 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 5M | $8.8M |
| Mar 2027 | PoS Inflationary Validator and Delegator Rewards | Issuance, estimated | 5.6M | $9.7M |
| Total, next 12 months | 62.7M | $109.8M | ||
Values at $1.75 per ATOM (October 16, 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
ATOM began with four genesis allocations and continues to be created through Cosmos Hub staking rewards, without a fixed maximum supply. The chart dates the genesis mint and estimates later net supply growth between reported totals; its interpolated monthly values are not measured reward payments. All in Bits’ vesting lacks a verified payment breakdown, while community-pool grants and bonuses have spending or award dates that remain unresolved. Vesting and treasury transfers concern existing ATOM and must not be added to newly created supply.
- All in Bits Genesis Vesting: The sources give the amount but no release dates.
- Governance-Controlled Community Pool Disbursements: Releases depend on future governance or treasury decisions.
- Proposal #839: Informal and Hypha Performance Bonuses: Releases depend on recipients claiming tokens or on grants being awarded.
- Proposal #917: AEZ Quadratic Funding: Releases depend on recipients claiming tokens or on grants being awarded.
- Proposal #986: Hydro Grants Budget: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://github.com/cosmos/cosmos/blob/master/WHITEPAPER.md
- 2. https://github.com/cosmos/cosmos/blob/master/PLAN.md
- 3. https://www.binance.com/en/research/projects/cosmos-network
- 4. https://chorus.one/reports-research/a-year-of-data-on-cosmos-staking
- 5. https://forum.cosmos.network/t/formula-for-calculation-of-proposer-reward/8258
- 6. https://github.com/cosmos/cosmos-sdk/blob/main/x/mint/README.md
- 7. https://cosmos.valopers.com/proposals/848
- 8. https://cosmos.valopers.com/
- 9. https://forum.cosmos.network/t/questions-from-a-student/4137
- 10. https://cosmos.valopers.com/proposals/839
- 11. https://forum.cosmos.network/t/proposal-839-accepted-fund-2024-hub-development-by-informal-systems-and-hypha-worker-co-op/11597?page=2
- 12. https://cosmos.valopers.com/proposals/917
- 13. https://www.atomaccelerator.com/our-programs/quadratic-funding/
- 14. https://cosmos.valopers.com/proposals/986
- 15. https://forum.cosmos.network/t/the-impact-of-liquid-staked-derivatives-on-token-price-and-liquidity/14483
- 16. https://forum.cosmos.network/t/neutron-governance-attack-cosmos-hub-response-and-recovery-update/17369
- 17. 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: 3 markets on Binance, OKX and Hyperliquid · $29.3M open interest
 Binance (CEX) | 4.3M | 126K/175K |
 HTX (CEX) | 1.7M | 334/1.8K |
 MEXC (CEX) | 1.3M | 133K/148K |
 Bybit (CEX) | 1.3M | 41K/45K |
 KuCoin (CEX) | 1.3M | 35K/43K |
 Coinbase (CEX) | 1.2M | 77K/168K |
 OKX (CEX) | 886K | 32K/29K |
Binance (CEX) | 776K | 27K/33K |
 Kraken (CEX) | 703K | 218K/307K |
Kraken (CEX) | 353K | 118K/270K |
 Gate.io (CEX) | 257K | 77K/67K |
Binance (CEX) | 175K | 14K/22K |
 Bitget (CEX) | 172K | 86K/107K |
Kraken (CEX) | 143K | 6.1K/47K |
Gate.io (CEX) | 125K | 9.5K/14K |
Coinbase (CEX) | 102K | 2.3K/2.9K |
OKX (CEX) | 65K | 123K/125K |
KuCoin (CEX) | 56K | 5.5K/20K |
Kraken (CEX) | 54K | 7.9K/31K |
Binance (CEX) | 43K | 6.8K/15K |
Coinbase (CEX) | 39K | 539/4.7K |
MEXC (CEX) | 29K | 118K/125K |
Coinbase (CEX) | 26K | 8.8K/3.2K |
Kraken (CEX) | 19K | 23K/27K |
Allocations
Estimated from the last observation onward: about 179,090 per day (5,451,043 per month), the rate between the observations of 16 May 2026 and 30 September 2026.
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 3 markets on Binance, OKX and Hyperliquid · $29.3M open interest
Binance (CEX) | 4.3M | 126K/175K |
HTX (CEX) | 1.7M | 334/1.8K |
MEXC (CEX) | 1.3M | 133K/148K |
Bybit (CEX) | 1.3M | 41K/45K |
KuCoin (CEX) | 1.3M | 35K/43K |
Coinbase (CEX) | 1.2M | 77K/168K |
OKX (CEX) | 886K | 32K/29K |
Binance (CEX) | 776K | 27K/33K |
Kraken (CEX) | 703K | 218K/307K |
Kraken (CEX) | 353K | 118K/270K |
Gate.io (CEX) | 257K | 77K/67K |
Binance (CEX) | 175K | 14K/22K |
Bitget (CEX) | 172K | 86K/107K |
Kraken (CEX) | 143K | 6.1K/47K |
Gate.io (CEX) | 125K | 9.5K/14K |
Coinbase (CEX) | 102K | 2.3K/2.9K |
OKX (CEX) | 65K | 123K/125K |
KuCoin (CEX) | 56K | 5.5K/20K |
Kraken (CEX) | 54K | 7.9K/31K |
Binance (CEX) | 43K | 6.8K/15K |
Coinbase (CEX) | 39K | 539/4.7K |
MEXC (CEX) | 29K | 118K/125K |
Coinbase (CEX) | 26K | 8.8K/3.2K |
Kraken (CEX) | 19K | 23K/27K |