Onyxcoin (XCN) Tokenomics, Unlock Schedule and Vesting Chart

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Onyxcoin (XCN) Token Unlock & Vesting Schedule

As of October 16, 2026, 29.23 billion of the 68.89 billion XCN (42.43%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 16.01 billion XCN (all estimated) from Later XCN contract mints and supply changes and Onyx DAO timelock, worth about $66.65 million at today's price (40.51% of the market cap). Today's release is an estimated 275.76 million XCN from Later XCN contract mints and supply changes and Onyx DAO timelock.

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 and network use

XCN has a maximum supply of 68,892,071,757 tokens. Burns reduce supply by permanently removing tokens, while scheduled releases make previously locked tokens available over time. Onyx’s published distribution plan describes monthly releases from a timelock contract and a separate DAO contract. DAO releases depend on reward claims or approved governance actions. (onyx.org)

The token’s uses fit together. On Onyx Layer 1, XCN pays transaction fees. In governance, holders stake XCN to gain voting weight on proposals. Staking can also support validators and earn rewards under the network’s rules. The DAO treasury holds tokens for uses such as developer grants, network work, and other approved projects. Fee burns, rewards, and treasury spending are therefore connected to activity and decisions across the ecosystem. (onyx.org)

Governance takes place through Ethereum smart contracts. An Onyx Improvement Proposal, or OIP, sets out a proposed change for a vote. The published process includes a voting period and a delay before an approved proposal can be carried out. Voting weight comes from staked XCN, so a holder’s share of the vote follows the amount committed to governance. (docs.onyx.org)

Upcoming XCN Releases

Period	Allocation	Type	Amount	Value	% of supply
Oct 16 – 31, 2026	Later XCN contract mints and supply changes	Issuance, estimated	1.2B	$5M	1.76%
Oct 16 – 31, 2026	Onyx DAO timelock	Vesting, estimated	103.2M	$429.8K	0.15%
Nov 2026	Later XCN contract mints and supply changes	Issuance, estimated	2.3B	$9.5M	3.30%
Nov 2026	Onyx DAO timelock	Vesting, estimated	200M	$832.8K	0.29%
Dec 2026	Later XCN contract mints and supply changes	Issuance, estimated	2.3B	$9.8M	3.41%
Dec 2026	Onyx DAO timelock	Vesting, estimated	200M	$832.8K	0.29%
Total, next 12 months			16B	$66.7M	23.23%

1–6 of 19 releases

of 4 pages

Values at $0.004 per XCN (October 16, 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

XCN began with a documented contract mint, followed by further supply changes whose full transaction history is not dated here. The DAO timelock has a published 200-million-XCN-per-epoch rule through March 2030, while DAO rewards and the later Layer 1 budgets depend on claims or spending decisions. The chart can show the initial mint, a labeled estimate of future timelock installments and an interpolation of the supplied 2025–2026 net-supply observations; it cannot yet reconcile historical gross minting and burns or date the unresolved grants.

Later XCN contract mints and supply changes: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
Onyx DAO timelock: The sources give the amount but no release dates.
DAO staking, governance and ecosystem distributions: Releases depend on recipients claiming tokens or on grants being awarded.
Ethereum XCN staking rewards: Releases depend on recipients claiming tokens or on grants being awarded.
Onyx Ledger tokens reassigned to Layer 1: Releases depend on future governance or treasury decisions.
Layer 1 validator allocation, designated non-circulating: Releases depend on future governance or treasury decisions.
Onyx Swap liquidity and Layer 1 staking funding: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
Layer 1 rewards, incentives, partnerships and grants: Releases depend on future governance or treasury decisions.
Onyx Points Season 2 airdrop: Releases depend on recipients claiming tokens or on grants being awarded.
OIP-52 market-support grant: The sources give the amount but no release dates.

Sources (9)

Max Supply 68.89B

Unlocked Supply 29.23B

Unlock Progress 42.43%

Genesis Date March 2022

Fully Unlocked Ongoing

Allocations 11

Marketcap Rank (#) 204

Price ($) 0.004 +1.26% (7d)

24h Volume ($) 396K +1.58% (7d)

Marketcap ($) 165M

Fully Diluted Value ($) 293M

Circulating Supply 57% MEDIUM

Spot

Perp


XCN/USDT	2.4M	0/0
XCN/USD	740K	84K/94K
XCN/USDT	693K	10K/14K
XCN/USDT	244K	6K/8.3K
XCN/USD	217K	9.6K/33K
XCN/WETH	63K	15K/15K
XCN/USDC	55K	120/81
XCN/EUR	34K	6.6K/7.6K
XCN/USDT	6.4K	3.2K/2.9K
XCN/USDC	6.3K	3.6K/3.6K
XCN/USDT	4.6K	470/469
XCN/WBNB	90	49/49
XCN/WETH	35	113/112

Allocations

Initial XCN contract mint

21,537,311,000 tokens

Cliff: March 2022 — 100.00% of allocation · 21,537,311,000 tokens

Sources: XCN-Token.sol

Later XCN contract mints and supply changes

Ongoing issuance

Timing not yet established (March 2022 - December 2025): amount unknown

Observed release: 4,999,999,949 tokens

Estimated from the last observation onward: about 75,757,575 per day (2,305,871,189 per month), the rate between the observations of 21 December 2025 and 25 February 2026.

Sources: XCN-Token.solToken SupplyThe Onyx Whitepaper

Onyx DAO timelock

15,000,000,000 tokens

Timing not yet established (April 2024 - August 2025): amount unknown

Linear vesting: September 2025 - March 2030 (monthly) · 11,000,000,000 tokens

Sources: Reduce total supply — response on the timelockToken SupplyToken Distribution

DAO staking, governance and ecosystem distributions

10,000,000,000 tokens · 1 part

Timing not yet established: amount unknown

Sources: Token Distribution

Onyx Ledger tokens reassigned to Layer 1

5,000,000,000 tokens · 3 parts

Timing not yet established (Aug 10, 2026 - open): amount unknown

Sources: OIP-70: Onyx and Tangem Wallet Campaign, Onyx Agent, and Layer 1 Consolidation

Onyx Points Season 2 airdrop

25,000,000 tokens

Timing not yet established: 25,000,000 tokens

Sources: OIP-68: Onyx Points Season 3, Layer 1 Incentive Expansion & Governance Activation

OIP-52 market-support grant

500,000,000 tokens

Timing not yet established (January 2025 - open): 500,000,000 tokens

Sources: OIP-52: XCN Market Support executed

Last Updated: 2026-10-07 20:59:25 UTC

Description

#204

Onyxcoin is the utility token of Onyx Protocol, a decentralized lending platform supporting various digital assets. XCN can be staked for governance, used to pay for protocol services.

Sector:	Lending
Blockchain:	Ethereum

2022