SatLayer (SLAY)
Unlock Schedule
SatLayer (SLAY) Token Unlock & Vesting Schedule
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 SLAY token underpins incentives, governance, and security for the SatLayer blockchain stack.
Supply and distribution
- Max supply: 2,100,000,000 SLAY; Token decimals: 6
- Initial circulating supply at TGE: 21.0%
- Allocation design:
- Community – 10% (e.g., SlayDrop and TGE initiatives)
- Ecosystem – 45% (incentives for BTC restakers, grants, strategic investments)
- Foundation – 10%
- Early Backers – 15%
- Early Contributors – 20%
These distributions and schedules were designed for long‑term ecosystem growth and contributor alignment. (docs.satlayer.xyz)
Utility inside the protocol
- Governance and decentralization: SLAY holders can help set incentives, fund initiatives, and shape protocol upgrades.
- Value alignment: As features mature, a portion of protocol fees flows into the Foundation treasury. SLAY holders guide how these resources fuel growth and sustainability.
- Staking and security: In many configurations, BTC restakers pair their collateral with SLAY to secure BVSs. With SLAY at stake, incentives align across users, operators, and partner applications. Slashing rules keep everyone honest. (docs.satlayer.xyz)
What can influence SLAY price over time
Without giving live numbers, several fundamentals may affect SLAY price in the long run: onchain demand for securing BVSs; emissions and unlock schedules; governance decisions about incentives; the breadth of SatLayer DeFi, NFTs, gaming integrations; and the growth of BTC restaking across Babylon, EVM, and Sui. These are core pillars of SatLayer tokenomics. (docs.satlayer.xyz)
Assumptions
SatLayer caps SLAY at 2.1 billion tokens, with principal budgets for community programs, ecosystem activity, the foundation, early backers and early contributors. The chart can date the 800,000-SLAY OKX reward pool becoming claimable in August 2025; it cannot treat that as a count of claims. An estimated inventory curve reaches the reported 2.1-billion total, but the mint date and intervening issuance are unverified. Other community claims, vesting, spending and vault rewards remain partly or wholly undated and should not be added to that inventory as new tokens.
- Initial SLAY token creation: The sources give the amount but no release dates.
- Community, SlayDrop and TGE initiatives (10% of maximum supply): Releases depend on recipients claiming tokens or on grants being awarded.
- Kaito SatLayer Yappers (community subset): Releases depend on recipients claiming tokens or on grants being awarded.
- Broader Kaito ecosystem (community subset): Releases depend on recipients claiming tokens or on grants being awarded.
- FINAL CALL depositor rewards (community subset): Releases depend on recipients claiming tokens or on grants being awarded.
- OKX Cryptopedia future-token rewards (community subset): Releases depend on recipients claiming tokens or on grants being awarded.
- Ecosystem incentives, investments and grants (45% of maximum supply): Releases depend on future governance or treasury decisions.
- Foundation (10% of maximum supply): The sources give the amount but no release dates.
- Early Backers (15% of maximum supply): Only secondary sources describe the timing, so it is not confirmed.
- Early Contributors (20% of maximum supply): Only secondary sources describe the timing, so it is not confirmed.
- The SLAYERS campaign: SLAY Vault token rewards: Timing not yet established.
- 1. https://docs.satlayer.xyz/slay/the-slay-token/tokenomics/
- 2. https://docs.satlayer.xyz/slay/the-slay-token/supply-and-distribution.md
- 3. https://satlayer.foundation/blogs/slay-register
- 4. https://satlayer.foundation/blogs/slay
- 5. https://docs.satlayer.xyz/depositors/sats-staker-rewards/past-campaigns/satlayer-okx-wallet-bitcoin-deposit-challenge
- 6. https://docs.satlayer.xyz/depositors/sats-staker-rewards/past-campaigns/final-call
- 7. https://docs.satlayer.xyz/restakers/satlayer-rewards/past-campaigns/okx-cryptopedia
- 8. https://docs.satlayer.xyz/slay/staking-slay/current-campaigns/the-slayers/
- 9. https://docs.satlayer.xyz/slay/staking-slay/
- 10. https://etherscan.io/token/0x51477a3002ee04b7542adfe63ccdb50c00ee5147
- 11. https://etherscan.io/tokencheck-tool?t=0x51477A3002ee04B7542aDfe63ccdb50c00Ee5147
- 12. https://coinlaunch.space/projects/satlayer/vesting/
- 13. https://app.tokenomics.com/tokenomics/satlayer/unlocks
Allocations
Estimated from the last observation onward: about 4,687,500 per day (142,675,781 per month), the rate between the observations of 18 March 2025 and 9 June 2026.
Description
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SatLayer is a Bitcoin-based restaking platform that lets users restake Bitcoin and synthetic assets through smart contracts on Babylon, providing programmable security and liquidity for decentralized applications and protocols across multiple blockchains.
| Sector: | Liquid Staking |
| Blockchain: | Bitcoin |