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  • Tokens
  • Dash (DASH)

    10/14/2025 16:00 UTC

    $48.37

    % Today
    -4.91%
    Large Price Change: +53.01% in 7 days.

    Unlock Schedule

    Dash (DASH) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Dash (DASH) 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 DASH 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

    Dash tokenomics at a glance

    • Supply: The long‑term supply range is roughly 17.7–18.9 million DASH due to rounding and emission dynamics. Block subsidies decline at about 7.14% per year, creating a predictable issuance curve. (docs.dash.org)
    • Rewards split: Each block’s subsidy allocates 20% to the treasury (via monthly “superblocks”) and the remaining 80% to miners and masternodes. Since 2020, the network has been gradually shifting the non‑treasury split toward masternodes to strengthen the second‑tier and slow circulating emission, with an end‑state target of 40% miners and 60% masternodes (implemented over multiple cycles). (docs.dash.org)
    • Governance: Masternodes vote on proposals, including development budgets and business partnerships, using their 1,000 DASH collateral as skin in the game. Proposals that pass are paid from the treasury approximately every 16,616 blocks (~monthly). (docs.dash.org)

    These mechanics shape the DASH token’s role in the network. The collateral requirement creates natural demand for long‑term holdings among operators, while block reward reallocations and predictable emissions provide clarity for planning. In common usage, DASH functions as peer‑to‑peer digital cash with fees typically a fraction of a cent, enabling micro‑transactions, tipping, and machine‑to‑machine payments. Many followers track “Dash tokenomics” because they can influence perceived scarcity and, over time, the way markets evaluate the DASH price. (docs.dash.org)

    Assumptions

    • Modeled issuance follows Dash’s maximum-supply path (full treasury utilization each cycle).

      Dash reserves a portion of block subsidy for treasury proposals; unapproved amounts are never minted. The official docs provide a maximum (full use) and minimum (zero use) supply path. We use the maximum for a deterministic cumulative release curve.

    • Consolidated all issuance into a single PoW Block Subsidy allocation.

      All new DASH enter circulation via the PoW coinbase and monthly superblocks. Miners, masternodes (Proof-of-Service), and treasury recipients are distribution targets of the same block subsidy, not separate issuance mechanisms.

    • Treasury share doubled from 10% to 20% at Dash Core v20 activation (block 1,987,776 on 2023-12-14), and miner/masternode shares became 20%/60%.

      Network-approved treasury expansion changed subsidy allocation among recipients but did not change total emission; our aggregate issuance schedule is unaffected.

    • Annual emission reduction of ~7.14% per 210,240 blocks modeled by aggregating multi-year intervals as linear for charting.

      Dash reduces per-block subsidy by 1/14 roughly annually. We partition by documented projection checkpoints to ensure totals per interval match official projections while keeping schedules tractable for monthly charting.

    • No premine/genesis allocation modeled.

      Dash documentation specifies no premine; all coins are minted via PoW block subsidy and treasury superblocks.

    Allocations

    PoW Block Subsidy (incl. miners, masternodes, and treasury superblocks) 100.00%
    80%
    How certain we are about this information
    18,921,005 tokens
    Linear vesting: Jan 18, 2014 - Mar 31, 2018 (monthly)
    Cumulative DASH issued from genesis through Mar 2018 under Dash’s annual 7.14% emission reduction model (maximum-supply path).
    Linear vesting: Apr 1, 2018 - Apr 30, 2019 (monthly)
    Issuance Apr 2018–Apr 2019 per official emission projection (max path).
    Linear vesting: May 1, 2019 - Apr 30, 2020 (monthly)
    Issuance May 2019–Apr 2020 per official emission projection (max path).
    Linear vesting: May 1, 2020 - Apr 30, 2021 (monthly)
    Issuance May 2020–Apr 2021 per official emission projection (max path).
    Linear vesting: May 1, 2021 - May 31, 2022 (monthly)
    Issuance May 2021–May 2022 per official emission projection (max path).
    Linear vesting: Jun 1, 2022 - May 31, 2023 (monthly)
    Issuance Jun 2022–May 2023 per official emission projection (max path).
    Linear vesting: Jun 1, 2023 - Jun 30, 2024 (monthly)
    Issuance Jun 2023–Jun 2024 per official emission projection (max path).
    Linear vesting: Jul 1, 2024 - Jun 30, 2025 (monthly)
    Issuance Jul 2024–Jun 2025 per official emission projection (max path).
    Linear vesting: Jul 1, 2025 - Nov 30, 2035 (monthly)
    Cumulative issuance Jul 2025–Nov 2035 per official emission projection (max path).
    Linear vesting: Dec 1, 2035 - Jun 30, 2050 (monthly)
    Cumulative issuance Dec 2035–Jun 2050 per official emission projection (max path).
    Linear vesting: Jul 1, 2050 - Mar 31, 2095 (monthly)
    Cumulative issuance Jul 2050–Mar 2095 per official emission projection (max path).
    Linear vesting: Apr 1, 2095 - Dec 31, 2254 (monthly)
    Long-tail issuance Apr 2095–Dec 2254; projection approaches maximum of 18,921,005 DASH by 2254.

    Description

    #157

    Dash is a digital currency that aims to offer a fast, cheap, and decentralized global payments network. Dash has features such as InstantSend, which enables instant transactions; PrivateSend, which enhances privacy; and ChainLocks, which prevents double-spending.

    Sector: Payments
    Blockchain: Other L1
    2014
    POW
    Last Updated: 10/12/2025 12:53 UTC