eCash (XEC)
Unlock Schedule
eCash (XEC) Token Unlock & Vesting Schedule
As of October 26, 2026, 20143.58 billion of the 21000 billion XEC (95.92%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 167.48 billion XEC (all estimated) from PoW Block Subsidies and Avalanche Staking Rewards, worth about $1.12 million at today's price (0.83% of the market cap). Today's release is an estimated 491.56 million XEC from Avalanche Staking Rewards and PoW Block Subsidies.
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
XEC has a maximum supply of 21 trillion coins. That large-looking number reflects the 2021 change in units: amounts once shown with eight decimal places were converted to XEC amounts commonly shown with two. The network creates new coins through mining under a scheduled issuance system. Its block subsidy halved on April 11, 2024, continuing a pattern in which newly issued coins per block decline over time. (e.cash)
The coin has several jobs within the network. People use XEC to make payments and cover transaction fees. Miners receive part of the reward for producing blocks, while Avalanche node operators can receive staking rewards. Block rewards also include an output that funds eCash development. These roles connect the coin’s issuance to the work of running and maintaining the network. (e.cash)
An eCash wallet may also hold other assets issued on the chain. Those assets can represent items such as collectibles or project-specific tokens, while XEC remains the coin used for the network’s basic payments and fees. This gives the currency a purpose even when someone is using an application centered on another eCash-based asset. (e.cash)
Upcoming XEC Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Oct 26 – 31, 2026 | PoW Block Subsidies | Issuance, estimated | 2.7B | $18K | 0.01% |
| Avalanche Staking Rewards | Distribution, estimated | 268.4M | $1.8K | 0.00% | |
| Nov 2026 | PoW Block Subsidies | Issuance, estimated | 13.4B | $90K | 0.06% |
| Avalanche Staking Rewards | Distribution, estimated | 1.3B | $9K | 0.01% | |
| Dec 2026 | PoW Block Subsidies | Issuance, estimated | 13.9B | $93K | 0.07% |
| Avalanche Staking Rewards | Distribution, estimated | 1.4B | $9.3K | 0.01% | |
| Total, next 12 months | 167.5B | $1.1M | 0.80% | ||
Values at $0.00001 per XEC (October 26, 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
eCash inherits a capped supply and mining history from Bitcoin and Bitcoin Cash. Its PoW block subsidy halves every 210,000 blocks; the chart estimates cumulative gross issuance and its monthly timing from the published rule and observed block timestamps. Avalanche staking rewards and infrastructure funding divide mined rewards rather than creating extra XEC, while the GNC-funded 100 million XEC Contribution Rewards budget is a subset of that funding without a complete payment schedule. Fee-funded staking payments and grant-payment amounts remain unquantified and are not added to the issuance curve.
- Avalanche Staking Rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- Infrastructure Funding and GNC: The sources give the amount but no release dates.
- Infrastructure Funding and GNC: Releases depend on future governance or treasury decisions.
- GNC-Funded eCash Contribution Rewards Program: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://e.cash/blog/ecash-and-bitcoin
- 2. https://e.cash/blog/what-is-ecash
- 3. https://e.cash/blog/xec-ecash-mining
- 4. https://bitcoinabc.org/doc/dev/validation_8cpp_source.html
- 5. https://github.com/Bitcoin-ABC/bitcoin-abc/blob/master/src/kernel/chainparams.cpp
- 6. https://blockstream.info/block-height/1
- 7. https://explorer.e.cash/block-height/650000
- 8. https://explorer.e.cash/block/000000000000000078f9c2a854c632b6e554e24bfdcddf6ae2caad004badc99e
- 9. https://e.cash/blog/year-review-2024
- 10. https://e.cash/blog/ecash-year-in-a-review-2023
- 11. https://e.cash/blog/staking-rewards
- 12. https://e.cash/blog/IFP
- 13. https://e.cash/mining
- 14. https://gnc.e.cash/
- 15. https://e.cash/blog/ecash-monthly-recap-2022-10
- 16. https://e.cash/blog/ecash-day-2023-celebrating-two-years-of-ecash-xec
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 1 market on Binance · $1.8M open interest
Allocations
Dates past the last dated anchor are projected at 602.92 seconds per block, the observed mean between the last two dated anchors, instead of the 600-second target block interval
Dates past the last dated anchor are projected at 602.92 seconds per block, the observed mean between the last two dated anchors, instead of the 600-second target block interval
Description
#224
XEC is the native token of ecash, an open-source blockchain and cryptocurrency project that focuses on offering a secure and scalable payments solution. XEC supports low-cost transactions, as well as optional anonymity through CashFusion.
| Sector: | Payments |
| Blockchain: | Other L1 |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 1 market on Binance · $1.8M open interest