Golem (GLM) Tokenomics, Unlock Schedule and Vesting Chart

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Golem (GLM) Token Unlock & Vesting Schedule

As of October 16, 2026, 1 billion of the 1 billion GLM (100.00%) have been released. No further releases are scheduled; the schedule was fully unlocked in May 2017.

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

A fixed supply tied to network use

GLM’s main purpose is to pay for computing resources. Requestors spend it to run work; providers earn it by supplying capacity. The token is an ERC-20 asset on Ethereum, with payments also supported through Polygon. It has a maximum supply of one billion tokens. The move from GNT to GLM exchanges old tokens for new ones at a one-for-one rate within that limit. (docs.golem.network)

The original crowdfunding plan allocated 82% of tokens to sale participants, 12% to Golem Factory, and 6% to the team. It stated that no new tokens would be created after the crowdfunding period. GLM therefore serves as payment for a service rather than as a reward created by mining new tokens. (blog.golem.network)

A requestor using GLM also needs the native token of its chosen payment network to cover blockchain transaction fees. On Polygon, that token is POL. Developers can use a separate test token, tGLM, while building and trying applications on Golem’s test network. (docs.golem.network)

Assumptions

Golem created a fixed one-billion-token supply in its November 2016 crowdfunding: 820 million for participants, 120 million for Golem Factory and 60 million for the team. Participants' tokens became transferable that November, while the company and team endowment was locked until approximately May 2017; the chart uses monthly precision for that expiry because its exact day was not verified. GNT-to-GLM migration replaces tokens one-for-one rather than enlarging the economic supply. Golem has also announced rewards, competitions and a provider subsidy using existing tokens, but most payment dates and some amounts remain unresolved, so those distributions are not added to the main supply curve.

GLM Rewards Program: Releases depend on future governance or treasury decisions.
Brain Juice competition prize pool: Releases depend on recipients claiming tokens or on grants being awarded.
Chess on Golem competition prize pool: Releases depend on recipients claiming tokens or on grants being awarded.
New Network Driver beta-tester rewards: Releases depend on recipients claiming tokens or on grants being awarded.
GLM provider subsidy: Releases depend on recipients claiming tokens or on grants being awarded.

Sources (13)

Max Supply 1.00B

Unlocked Supply 1.00B

Unlock Progress 100.00%

Genesis Date November 2016

Fully Unlocked May 2017

Allocations 8

Marketcap Rank (#) 253

Price ($) 0.120 -6.96% (7d)

24h Volume ($) 74K -66.39% (7d)

Marketcap ($) 119M

Fully Diluted Value ($) N/A

Circulating Supply N/A

Perpetuals: 2 markets on Binance and OKX · $1.5M open interest

Spot

Perp


GLM/USDT	129K	47K/17K
GLM/USD	46K	10K/9.8K
GLM/USDT	40K	2.5K/4.7K
GLM/USDT	23K	266/3.3K
GLM/USDT	21K	27K/14K
GLM/USDT	15K	6.6K/3K
GLM/USDT	2.5K	12K/8.4K
GLM/USDC	1.3K	1.6K/2K
GLM/EUR	316	1.2K/1.2K
GLM/WETH	168	115/115
GLM/WETH	2	2.8K/2.8K

Allocations

Crowdfunding participants (82% of maximum supply)

820,000,000 tokens

Cliff: Nov 11, 2016 — 100.00% of allocation · 820,000,000 tokens

Sources: GLM: About the token, migration and crowdfundingThe Golem Crowdfunding — SummaryGolem crowdfunding Token.sol

Golem Factory GmbH (12% of maximum supply)

120,000,000 tokens

Cliff: May 2017 — 100.00% of allocation · 120,000,000 tokens

Sources: Golem Crowdfunding Starts November 11The Golem Crowdfunding — SummaryGolem crowdfunding GNTAllocation.sol

Golem team and developers (6% of maximum supply)

60,000,000 tokens

Cliff: May 2017 — 100.00% of allocation · 60,000,000 tokens

Sources: Golem Crowdfunding Starts November 11The Golem Crowdfunding — SummaryGolem crowdfunding GNTAllocation.sol

GLM Rewards Program

N/A tokens

Timing not yet established (July 2020 - open): amount unknown

Sources: Introducing the Golem GLM Rewards Program

Brain Juice competition prize pool

16,000 tokens

Timing not yet established (June 2022 - open): 9,000 tokens

Sources: Brain juice competitionBrain Juice Competition Winners!

Chess on Golem competition prize pool

30,000 tokens

Timing not yet established (November 2021 - open): 30,000 tokens

Sources: Golem Chess Competition! 30k GLM PrizePoolGolem Provider Subsidy and Chess Competition Update

New Network Driver beta-tester rewards

28,000 tokens

Timing not yet established (September 2022 - October 2022): amount unknown

Sources: Exciting New Rewards Program

GLM provider subsidy

N/A tokens

Cliff: Dec 27, 2021 · 3,600 tokens

Timing not yet established (Dec 28, 2021 - Jan 22, 2022): amount unknown

Sources: Golem Provider Subsidy and Chess Competition UpdateGLM Provider Subsidy - ZkSync to Polygon

Last Updated: 2026-09-28 03:03:10 UTC

Description

#253

Golem is a decentralized marketplace for computing power. It allows anyone to rent out their idle computing resources or to buy computing power from others for various tasks.

Sector:	AI & Compute
Blockchain:	Ethereum

2016

DePIN