Unlock Schedule
MX (MX) Token Unlock & Vesting Schedule
As of October 31, 2026, 91.84 million of the 1 billion MX (9.18%) have been released. No further releases are scheduled; the schedule was fully unlocked in Q4 2025.
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
Supply, burns, and fee payments
MX began with an initial supply of one billion tokens. MEXC later carried out buybacks and burns, reducing the amount issued. Under the MX Token 2.0 plan, the exchange committed a portion of platform profits to buying and burning MX, with a goal of keeping the circulating supply below 100 million tokens. (mexc.com)
A circulating-supply target describes how many tokens MEXC aims to have available for use. It is different from the total number of tokens that remain after burns: some tokens may be held in reserves or otherwise outside circulation. MEXC announced in December 2025 that it had reached its circulating-supply goal. It also said future burns would be adjusted as needed, team-token releases would pause, and more resources would go toward ecosystem development. (mexc.com)
Fee payment is one of MX’s most direct uses. In February 2026, MEXC suspended its earlier discount for simply holding a set amount of MX. It kept a 20% discount for eligible fees paid through MX deduction. That change put more emphasis on using the token to pay fees rather than only keeping a balance in an account. (mexc.com)
Supply changes and fee benefits serve different purposes. Burns reduce the number of tokens, while fee deductions give exchange users a reason to spend them. Neither requires every MX holder to take part in a launch event or rewards program.
Assumptions
MEXC reports that MX began with one billion tokens and now has 409,024,834 remaining after cumulative burns. The chart dates the initial creation at year precision and shows estimated quarterly Foundation Reserve releases through 2025, including MEXC’s reported Q4 2025 amount. Further team releases are suspended, while the Labs and partnership budgets have no established payment dates. Early public-token release timing is also unresolved, so the chart does not portray that history as a measured monthly flow.
- Initial public-sale and circulating supply: The sources give the amount but no release dates.
- MEXC Foundation Reserve and team incentives: The original schedule was changed and the new timing is not yet published.
- MEXC Labs: Releases depend on future governance or treasury decisions.
- MEXC Strategic Partnerships: Releases depend on future governance or treasury decisions.
- 1. https://www.mexc.com/mx
- 2. https://www.mexc.com/announcements/article/mx-token-2-0-4411125181977
- 3. https://www.mexc.co/announcements/article/mexc-releases-the-result-of-mx-community-voting-on-mx-token-2-0-proposals-4411278979481
- 4. https://www.mexc.com/en-GB/announcements/article/mexc-releases-burn-information-of-100-000-000-mx-token-in-mx-token-2-0-plan-4411503862425
- 5. https://www.mexc.com/announcements/article/mx-achieves-100m-circulating-supply-milestone-and-advances-tokenomics-framework-17827791532625
- 6. https://www.mexc.com/en-GB/announcements/article/updates-on-q4-2025-mx-token-buyback-and-burn-17827791533015
- 7. https://blog.mexc.com/crypto-knowledge/q1-2024-mx-token-buy-back-and-burn-is-done-creator-wilbur/
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 808,162,666 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Description
#213
MX is the native token of the MEXC platform. 40% of the profits on MEXC will be used to burn MX. Currently, MX tokens are used in various scenarios such as Launchpad, Kickstarter new token listing voting, and trading fee deduction.
| Sector: | CEX |
| 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.