Hedera (HBAR) Tokenomics, Unlock Schedule and Vesting Chart

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Hedera (HBAR) Token Unlock & Vesting Schedule

As of October 16, 2026, 44.03 billion of the 50 billion HBAR (88.05%) have been released. No further releases are scheduled; the schedule was fully unlocked in Q3 2026.

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

Hedera created a fixed supply of 50 billion HBAR when the mainnet launched. The tokens were first held in the Hedera treasury and have been distributed over time for purposes that include early funding commitments, operations, and ecosystem development. The Council oversees treasury decisions, while Hedera publishes reports about allocations and distributions. (hedera.com)

HBAR has two central jobs. First, it pays for actions such as transfers, token creation, consensus messages, and smart contract execution. Hedera generally sets service fees in U.S. dollar terms and collects them in HBAR, so the amount of HBAR needed for a given service can change while its listed dollar fee stays more predictable. Different actions use different network resources and have different fees. (hedera.com)

Second, holders can assign their HBAR stake to a network node. Native staking helps determine that node’s weight in consensus, and eligible accounts can receive staking rewards. Staked HBAR remains in the holder’s account and has no lock-up period, so it can still be transferred. Staking affects consensus; votes on Council decisions belong to Council members. (hedera.com)

Assumptions

Hedera minted all 50 billion HBAR at launch; the release chart instead tracks Council Treasury transfers for licensing, purchase agreements, governance and operations, and ecosystem development. It shows reported quarterly transfers through Q2 2026 and separately identifies Q3 2026 amounts that combine actual releases with forecasts. Remaining Treasury budgets have no published payment dates beyond that quarter, and named grants are subsets rather than extra supply. Staking and node rewards distribute existing HBAR, but the cited reward limits do not establish dated absolute payouts.

Initial Development Costs and Licensing: Releases depend on future governance or treasury decisions.
Purchase Agreements: SAFTs and Token Purchase Agreements: The sources give the amount but no release dates.
Network Governance and Operations: Timing not yet established.
Network Governance and Operations: Releases depend on future governance or treasury decisions.
Ecosystem and Open Source Development: Releases depend on future governance or treasury decisions.
2021 Council ecosystem-development allocation: Releases depend on future governance or treasury decisions.
Original HBAR Foundation grant earmark: Releases depend on recipients claiming tokens or on grants being awarded.
Council board reserves: Releases depend on future governance or treasury decisions.
PoS staking and node rewards from existing HBAR: New issuance depends on network activity, such as staking, so it cannot be dated in advance.

Sources (13)

Max Supply 50.00B

Unlocked Supply 44.03B

Unlock Progress 88.05%

Genesis Date Aug 24, 2018

Fully Unlocked Q3 2026

Allocations 10

Marketcap Rank (#) 32

Price ($) 0.083 -7.39% (7d)

24h Volume ($) 14M +7.32% (7d)

Marketcap ($) 3.8B

Fully Diluted Value ($) 4.2B

Circulating Supply 88% HIGH

Perpetuals: 5 markets on Binance, OKX, Hyperliquid and Lighter · $58.2M open interest

Spot

Perp


HBAR/USDT	17M	774K/898K
HBAR/USD	8.8M	397K/829K
HBAR/USD	4M	329K/430K
HBAR/USDT	3.8M	338K/392K
HBAR/USDT	3.5M	647K/750K
HBAR/USDC	2.4M	72K/125K
HBAR/USDT	2.2M	2.1K/2K
HBAR/USDT	1.6M	152K/215K
HBAR/USDT	1.3M	682K/738K
HBAR/TRY	1.2M	19K/21K
HBAR/EUR	727K	153K/166K
HBAR/USDT	690K	745K/552K
HBAR/USDT	316K	190K/244K
HBAR/USDC	272K	491K/491K
HBAR/BTC	187K	28K/55K
HBAR/USDT	157K	11K/12K
HBAR/EUR	86K	114K/110K
HBAR/USDC	58K	74K/97K
HBAR/USDC	41K	3.9K/882
HBAR/BNB	17K	1.4K/9.6K
HBAR/USDC	8.7K	656/4.6K
HBAR/TRY	3.3K	10K/10K
HBAR/BTC	1.6K	1.2K/6K
HBAR/	868	2.9K/1.9K

Allocations

Genesis HBAR mint TBD

50,000,000,000 tokens · 4 parts

Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.

Not yet scheduled: 5,972,842,335.219 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.

Cliff: Aug 24, 2018 — 100.00% of allocation · 50,000,000,000 tokens

Sources: HBAR Economics Whitepaper, updated June 3, 2020Hedera Journey

PoS staking and node rewards from existing HBAR

N/A tokens

Timing not yet established (Oct 21, 2022 - Aug 10, 2023): amount unknown

Timing not yet established (Aug 11, 2023 - open): amount unknown

Timing not yet established (July 2025 - open): amount unknown

Sources: Hedera staking rewards Live!Introducing Native Staking Phase 1 on the Hedera NetworkHedera 2022 Community UpdateHedera Governing Council Votes to Approve Changes to Staking AlgorithmHedera Council Meeting Minutes, June 14, 2023Hedera Council Meeting Minutes, June 12–13, 2025

Last Updated: 2026-09-27 05:01:03 UTC

Description

#32

Hedera is a public ledger that uses the hashgraph consensus algorithm to achieve high performance, security, and fairness. It is governed by a council of leading organizations and offers services such as smart contracts, tokenization, and decentralized identity.

Sector:	Layer 1
Blockchain:	Other L1

2019

POS