Skip to main content
TOKENRADAR
Login | Sign up
  • Tokens

    • ICON (ICX)

    2/13/2026 04:00 UTC

    $0.039

    % Today
    -0.88%

    Unlock Schedule

    ICON (ICX) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the ICON (ICX) 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 ICX 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

    ICX has a clear economic model formalized by the ICON Incentives Scoring System (IISS). The most recent major upgrade, IISS 3.1, set nominal inflation at 3.99% annually and defined how newly minted ICX is distributed among stakeholders:

    • Approximately 77% to stakers (voters) who delegate to validators.
    • About 13% to validators (block producers).
    • Around 10% to the CPS (Contribution Proposal System) fund, which pays for grants and ecosystem work.
    • A future share for “Relays” is reserved for when BTP is fully live; allocations can be adjusted via governance. (icon.community)

    IISS 3.1 also tightened how rewards are earned. Validators must post a bond (set at 5% of their total vote share on activation) to receive full rewards, creating “skin in the game” and enabling slashing for misbehavior once parameters are activated. Staker yields float based on the overall percentage of ICX staked. A key change links fees and inflation: network fees are burned and used to offset issuance, so heavy on‑chain and cross‑chain usage can make net inflation trend toward zero. (medium.com)

    Utility-wise, ICX is used for:

    • Paying transaction fees on ICON (L1 gas).
    • Covering cross‑chain messaging fees through ICON’s GMP (xCall) and integrated protocols.
    • Staking and governance, by delegating to validators and voting on network proposals.
    • As a base asset in ecosystem apps like decentralized exchanges and stablecoin systems. (icon.foundation)

    Assumptions

    • Supply is uncapped; ongoing issuance under IISS continues indefinitely.

      ICON’s monetary policy mints ICX monthly via IISS and has no hard maximum supply; we model known fixed schedules and set total_supply to null.

    • PoS rewards before IISS 3.1 are modeled as an aggregate linear estimate.

      ICON governance notes that pre-3.1 issuance was variable and not deterministic month-to-month; we estimate total issuance for 2019-10-29 to 2021-11-30 by inference from current total supply and documented 3M/month post-3.1 setting.

    • Fee burns may reduce net issuance below the modeled gross 3,000,000 ICX/month after 2021-12.

      Under Fee 3.0 and IISS 3.1, transaction fees are used to fund rewards; if fees equal 3M ICX/month, net inflation can be 0 for that month. We model gross issuance for consistency.

    • Reserve-funded incentives are modeled to exhaust only the on-chain reserve balance over 5 years.

      ICON committed up to 200M ICX for interoperability incentives primarily from the ICX reserve; to avoid double counting beyond known reserve, we model linear distribution of the 128,073,500 ICX reserve across 5 years starting 2022-01-14.

    • Team vesting schedule is approximated as 4-year linear from mainnet genesis.

      No official detailed vesting schedule has been published; Foundation reported ~9.995M ICX distributed to team by 2019-07-12. We model a standard multi-year vest for monthly granularity.

    • Foundation treasury spending is discretionary; modeled as far-future cliff except for the documented 3,000,000 ICX pre-vote giveaway.

      Foundation’s 14% allocation had no published vest; to avoid overstating circulating unlocks, we schedule a placeholder cliff in 2100-01-01 and model the known giveaway as a short linear release.

    Allocations

    Public Token Sale
    50.00%
    Percentage of total token supply
    90%
    How certain we are about this information
    400,230,100 tokens
    Cliff: Dec 18, 2017 — NaN% of allocation
    ERC-20 ICX unlocked for contributors; ICX later swapped 1:1 to mainnet ICX between June–October 2018.
    Strategic Advisors / Community & Strategic Partners
    10.00%
    Percentage of total token supply
    85%
    How certain we are about this information
    80,046,000 tokens
    Linear vesting: Dec 18, 2017 - Jul 12, 2019 (monthly)
    Distributed to strategic advisors/partners; by July 12, 2019 this allocation was fully distributed.
    Team Members
    10.00%
    Percentage of total token supply
    50%
    How certain we are about this information
    80,046,000 tokens
    Linear vesting: Jan 24, 2018 - Jan 24, 2022 (monthly)
    Modeled vest due to lack of an official public vesting schedule. As of July 12, 2019 about 9,995,294 ICX had been distributed to team wallets; remainder continued vesting thereafter.
    ICON Foundation Treasury
    14.00%
    Percentage of total token supply
    85%
    How certain we are about this information
    112,064,400 tokens
    Linear vesting: Aug 26, 2019 - Sep 24, 2019 (monthly)
    Pre-voting giveaway of 3,000,000 ICX during P-Rep pre-vote period to incentivize staking and voting.
    Cliff: Jan 1, 2100 — NaN% of allocation
    Remaining treasury held by Foundation in internally controlled addresses; spending is discretionary with no public vesting schedule. Modeled as a far-future cliff to avoid overstating current circulating releases.
    Reserve for DEX / ICX Reserve
    16.00%
    Percentage of total token supply
    90%
    How certain we are about this information
    128,073,500 tokens
    Linear vesting: Jan 14, 2022 - Jan 14, 2027 (monthly)
    Modeled to fund the Interoperability Incentive Program (up to 200M ICX over ~5 years) primarily from reserve. We conservatively model only the 128,073,500 ICX reserve balance distributing linearly over 5 years; actual program distributions may differ and may draw from other sources.
    PoS Validator Rewards (IISS Issuance)
    0.00%
    Percentage of total token supply
    65%
    How certain we are about this information
    513,000,000 tokens
    Linear vesting: Oct 29, 2019 - Nov 30, 2021 (monthly)
    Estimated net issuance during IISS 2.x/3.0 prior to IISS 3.1. The pre-3.1 model had variable inflation dependent on governance variables and staking participation; exact monthly issuance cannot be stated deterministically per ICON’s own governance post. This estimate is derived by inference using current reported total supply minus genesis and known IISS 3.1 era issuance; actual net issuance may differ due to fee-burn offsets and penalties.
    Linear vesting: Dec 1, 2021 - Dec 1, 2031 (monthly)
    IISS 3.1 fixed inflation at 3,000,000 ICX/month (~3.99% annually) allocated across voters (77%), validators (13%), CPS (10%), relays (0% initially). Under Fee 3.0, transaction fees can offset issuance; we model gross issuance for charting.
    Last Updated: 2/5/2026 06:53 UTC

    Description

    #486

    ICON is a decentralized blockchain network that aims to facilitate interoperability between independent blockchains and enable a digital economy where various applications can interact and transact on a single platform.

    Sector: Bridges
    Blockchain: Other L1
    2017
    Resources
    About
    Legal
    Socials
    Disclaimer: Content provided on our site is for general information. Nothing constitutes financial or legal advice. Use of our content is at your own risk - conduct your own research and verify before relying on it. Trading carries high risk of losses - consult a financial advisor.