Unlock Schedule
Pipe Network (PIPE) Token Unlock & Vesting Schedule
As of November 11, 2026, 100 million of the 1 billion PIPE (10.00%) have been released. The remaining 142.1 million PIPE, all estimated, come from Core contributors and labs and are worth about $1.01 million at today's price (157.48% of the market cap). Today's release is an estimated 429,315 PIPE from Core contributors and labs. PIPE is fully unlocked on October 8, 2027; after that date the schedule has no further dated releases.
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
The PIPE token is the unit that powers participation and payment on the network. Pipe Network tokenomics are built to connect real usage to rewards while keeping costs predictable for developers.
- Staking and delegated staking: PoP operators stake PIPE to participate and improve their selection odds; token holders can delegate to active nodes to share in rewards. A fixed share of node rewards is reserved for individual stakers via delegation. (docs.pipe.network)
- Payments via Data Credits (DCs): Users convert PIPE into non‑transferable DCs through a burn mechanism. DCs are spent on bandwidth, storage, and premium cache services, and they expire on a 30‑day epoch to help users budget even if the PIPE price moves. (docs.pipe.network)
- Demand‑driven emissions: When DCs are purchased (PIPE burned), the protocol mints PIPE to reward nodes, with emission rates that decline over time. In the current design, rewards are distributed monthly for bandwidth, and 7% of node rewards flow to delegators. (docs.pipe.network)
- Governance: Staked PIPE grants voting power over key parameters such as emissions and service economics. (docs.pipe.network)
Pipe also introduces a marketplace for “priority” services. Developers can bid for faster bandwidth or sticky edge caching for hot content—features that matter for live sports, gaming, or trading dashboards. Because DCs are priced via an oracle and purchased by burning PIPE, network demand links directly to token consumption. In some Firestarter tiers, the team has described pricing that starts at 1 PIPE per GB, which is simple for builders to model. (docs.pipe.network)
In mid‑2025, Pipe Network ran a public sale on CoinList. From June 26 to July 3, an allocation of 30 million PIPE (3% of community supply) was offered with two options. Option 1 and Option 2 used different unlocks and FDV assumptions, and U.S. participation required accredited investor status. These details matter for understanding distribution and early liquidity, but they don’t change how PIPE functions on the network. (pipe.network)
Upcoming PIPE Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Nov 11 – 30, 2026 | Core contributors and labs | Vesting, estimated | 8.6M | $61.1K | 0.86% |
| Dec 2026 | Core contributors and labs | Vesting, estimated | 13.3M | $94.6K | 1.33% |
| Jan 2027 | Core contributors and labs | Vesting, estimated | 13.3M | $94.6K | 1.33% |
| Feb 2027 | Core contributors and labs | Vesting, estimated | 12M | $85.5K | 1.20% |
| Mar 2027 | Core contributors and labs | Vesting, estimated | 13.3M | $94.6K | 1.33% |
| Apr 2027 | Core contributors and labs | Vesting, estimated | 12.9M | $91.6K | 1.29% |
| Total, next 12 months | 142.1M | $1M | 14.21% | ||
Values at $0.007 per PIPE (November 11, 2026), today's price, not a forecast. 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
Pipe's reported one-billion-token launch supply is divided among community, investors, contributors, treasury, and a historical node-operator budget, although published allocation breakdowns conflict. CoinList sets two public-sale unlock dates; the chart's amounts for those options assume their reported offered quotas were fully allocated. A secondary-source contributor vesting schedule is also shown as an estimate. Investor timing, community and treasury spending, and the fate of the earlier node-operator program remain unresolved, so they are not given invented monthly releases.
- Community: The sources give the amount but no release dates.
- Strategic investors: Only secondary sources describe the timing, so it is not confirmed.
- Ecosystem and treasury: Releases depend on future governance or treasury decisions.
- Node-operator genesis program: The original schedule was changed and the new timing is not yet published.
- 1. https://coinlist.co/pipe
- 2. https://blog.coinlist.co/announcing-the-pipe-token-sale-on-coinlist/amp/
- 3. https://www.prnewswire.com/news-releases/pipe-network-launches-mainnet-302577880.html
- 4. https://github.com/PipeNetwork/docs/blob/main/docs/Tokenomics.md
- 5. https://github.com/PipeNetwork/docs/blob/main/docs/tokenomics-operations-spec.md
- 6. https://raw.githubusercontent.com/PipeNetwork/docs/main/docs/archive/whitepaper-to-current.md
- 7. https://www.coinex.com/en/academy/detail/3350-what-is-pipe-network?pId=2&sId=9
- 8. https://www.gate.com/zh-tw/learn/articles/what-is-pipe-network-pipe/12701
- 9. https://www.coincarp.com/currencies/pipe-network/project-info/
- 10. https://tokenradar.ai/tokens/pipe-network/tokenomics
- 11. https://solscan.io/token/7s9MoSt7VV1J3jVNnw2AyocsQDBdCkPYz5apQDPKy9i5
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: 757,896,712.329 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Description
#3519
Pipe Network is a decentralized Content Delivery Network (CDN) on Solana, using hyper-localized Points of Presence (PoPs) and smart routing to reduce latency and deliver content efficiently. It allows permissionless contributors to deploy nodes for fast content distribution.
| Sector: | Media |
| Blockchain: | Solana |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.