Skale (SKL)
Unlock Schedule
Skale (SKL) Token Unlock & Vesting Schedule
As of October 19, 2026, 6.33 billion of the 7 billion SKL (90.42%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 551.78 million SKL (all estimated) from Supply growth (CoinGecko), worth about $2.43 million at today's price (9.09% of the market cap). Today's release is an estimated 1.59 million SKL from Supply growth (CoinGecko).
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
SKL is an Ethereum-deployed utility token with a stated maximum supply of 7 billion tokens. Its main jobs are tied to network participation. Validators stake SKL to run nodes; holders can delegate SKL to validators; and developers use the token to pay for chains on SKALE’s Ethereum-connected network. Delegators can also take part in SKALE DAO votes on matters such as chain pricing and network parameters. (skale.space)
The project’s published distribution assigns 32.78% of the token supply to validator rewards and 28% to a delegation allocation. Other portions are assigned to the founding and core teams, the foundation, an ecosystem fund, and protocol development. These allocations show how SKL supports both the people operating the network and the work needed to maintain it. (skale.space)
SKL and sFUEL have different roles. SKL carries economic value within the network’s staking, payment, and governance systems. sFUEL makes transactions work on many SKALE chains without becoming a purchase users must make. A holder who delegates SKL supports a validator’s work and can receive staking rewards without operating a node personally. (docs.skale.space)
Upcoming SKL Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Oct 19 – 31, 2026 | Supply growth (CoinGecko) | Issuance, estimated | 20.7M | $91.2K | 0.30% |
| Nov 2026 | Supply growth (CoinGecko) | Issuance, estimated | 47.7M | $210.4K | 0.68% |
| Dec 2026 | Supply growth (CoinGecko) | Issuance, estimated | 49.3M | $217.4K | 0.70% |
| Jan 2027 | Supply growth (CoinGecko) | Issuance, estimated | 49.3M | $217.4K | 0.70% |
| Feb 2027 | Supply growth (CoinGecko) | Issuance, estimated | 44.5M | $196.4K | 0.64% |
| Mar 2027 | Supply growth (CoinGecko) | Issuance, estimated | 49.3M | $217.4K | 0.70% |
| Total, next 12 months | 551.8M | $2.4M | 7.88% | ||
Values at $0.004 per SKL (October 19, 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
SKALE documents a capped token supply, early-purchaser and team vesting, foundation and ecosystem budgets, and declining rewards for validators and delegators. The chart shows the provisional launch amount, supported early reward entitlements and purchaser unlocks, plus estimates between later total-supply observations; those observations do not prove how many tokens validators minted. Foundation vesting, grant payments, burns and part of the historical minting remain unresolved. A proposed change to future rewards was under governance consideration, so its competing future schedules are not presented as confirmed releases.
- PoS validator and delegator inflation rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- PoS validator and delegator inflation rewards: Timing not yet established.
- PoS validator and delegator inflation rewards: Releases depend on future governance or treasury decisions.
- Foundation Treasury: The sources give the amount but no release dates.
- Early supporters: Round 2: The sources give the amount but no release dates.
- Activate public sale: Releases depend on recipients claiming tokens or on grants being awarded.
- Broader Founding Team: The sources give the amount but no release dates.
- Core Team Pool: The sources give the amount but no release dates.
- Ecosystem Fund: Releases depend on future governance or treasury decisions.
- Protocol Development Fund: Releases depend on recipients claiming tokens or on grants being awarded.
- Ecosystem Incentive Program: Releases depend on recipients claiming tokens or on grants being awarded.
- NFT Visionaries Grant Program: Releases depend on recipients claiming tokens or on grants being awarded.
- 2024 GDC gaming grant opportunity: Releases depend on recipients claiming tokens or on grants being awarded.
- 2025 Indie Game Accelerator SKL token pool: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://www.cryptocompare.com/media/43607647/skale-network-whitepaper.pdf
- 2. https://www.skale.space/blog/the-skale-mainnet-details-on-the-phase-1-launch
- 3. https://www.skale.space/blog/foundation-treasury-ecosystem-fund-and-protocol-development-fund-update
- 4. https://www.skale.space/blog/network-bounties-and-delegation-workflow
- 5. https://www.skale.space/tokenomics
- 6. https://www.skale.space/blog/skale-update-economics-faq
- 7. https://medium.com/skale/skale-delegator-hub-3731a98116d7
- 8. https://www.skale.space/blog/skl-exchange-listing-update
- 9. https://www.niedermueller.law/en/2020/09/18/first-public-token-offering-under-blockchain-act-tvtg-successfully-completed/
- 10. https://www.skale.space/blog/state-of-skale---q1-2024-by-messari
- 11. https://www.skale.space/blog/skale-100million-usd-ecosystem-incentive-program
- 12. https://www.skale.space/blog/skale-announces-nft-visionaries-grant-program
- 13. https://www.skale.space/blog/skale-announces-2-million-grant-opportunity-for-gaming-projects-and-developers-at-gdc
- 14. https://www.skale.space/blog/skale-l1-launches-2-million-indie-game-accelerator-program-to-bring-web2-gaming-onchain
- 15. https://forum.skale.network/t/sip-6-the-4-year-terminal-tokenomics-protocol-growth-framework/848
- 16. https://forum.skale.network/t/skl-burning-is-live-sip-4-moves-from-vote-to-production/819
- 17. https://www.coingecko.com/
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 1 market on Binance · $2.1M open interest
 Binance (CEX) | 708K | 21K/26K |
Binance (CEX) | 681K | 38K/31K |
 Coinbase (CEX) | 278K | 22K/32K |
 OKX (CEX) | 101K | 9.3K/13K |
 HTX (CEX) | 98K | 673/1.4K |
 MEXC (CEX) | 81K | 34K/59K |
 Gate.io (CEX) | 69K | 21K/22K |
 KuCoin (CEX) | 55K | 5.5K/4.8K |
MEXC (CEX) | 54K | 37K/46K |
 Bitget (CEX) | 26K | 11K/15K |
OKX (CEX) | 479 | 5.4K/6.8K |
OKX (CEX) | 184 | 4.6K/4.6K |
 Uniswap V3 (Ethereum) | 124 | 903/900 |
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Backend estimate, not researched: the growth of CoinGecko's total supply (1,149,632,610 tokens) over 2024-03-23 to 2026-09-30, where the research dates no issuance
Estimated from the last observation onward: about 1,590,143 per day (48,399,986 per month), the rate between the observations of 16 May 2026 and 30 September 2026.
Description
#695
Skale is a blockchain network designed to offer high-speed, secure, and cost-effective transactions and decentralized applications (dApps) execution. It enhances Ethereum's capabilities by providing scalable sidechains that drastically improve transaction capacity and speed while maintaining security.
| Sector: | Layer 1 |
| 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.
Perpetuals: 1 market on Binance · $2.1M open interest
Binance (CEX) | 708K | 21K/26K |
Binance (CEX) | 681K | 38K/31K |
Coinbase (CEX) | 278K | 22K/32K |
OKX (CEX) | 101K | 9.3K/13K |
HTX (CEX) | 98K | 673/1.4K |
MEXC (CEX) | 81K | 34K/59K |
Gate.io (CEX) | 69K | 21K/22K |
KuCoin (CEX) | 55K | 5.5K/4.8K |
MEXC (CEX) | 54K | 37K/46K |
Bitget (CEX) | 26K | 11K/15K |
OKX (CEX) | 479 | 5.4K/6.8K |
OKX (CEX) | 184 | 4.6K/4.6K |
Uniswap V3 (Ethereum) | 124 | 903/900 |