VeChain (VET)
Unlock Schedule
VeChain (VET) Token Unlock & Vesting Schedule
As of October 16, 2026, 86.71 billion of the 86.71 billion VET (100.00%) have been released. No further releases are scheduled; the schedule was fully unlocked on June 30, 2018.
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
Two tokens with different jobs
VET and VTHO serve separate purposes. VET is the network’s native coin, used for transfers and staking. Its total supply is fixed at 86,712,634,466 VET. VTHO pays for transactions and smart-contract activity. It has no fixed maximum supply; the network creates it through protocol rewards and removes some of it when fees are paid. (docs.vechain.org)
This division lets an application account for its operating fees in VTHO while using VET for staking and other network roles. Since Hayabusa, simply holding VET no longer generates new VTHO. Generation is tied to VET actively staked by validators or delegators. StarGate is the platform through which users can stake VET, represent their position with a staking NFT, and delegate to a validator. (docs.vechain.org)
VeChain also changed its fee system in 2025. A transaction can include a base fee and a priority fee. The base fee is burned—permanently removed from VTHO supply—while the priority fee goes to the validator that produces the block. New VTHO creation depends on the amount of VET staked across the network, so issuance and fee burning respond to different kinds of activity. (docs.vechain.org)
Assumptions
All 86.71 billion native VET were minted at genesis, and 727.59 million were later permanently removed. The whitepaper divides the original supply among public and private investors, enterprise investors, the team, operations and technology, and business-case development; Foundation reports identify several team payments, but only within multi-month reporting periods. The separate 5 billion VET X Series pledge was existing Foundation-held supply, not newly minted tokens, and its payment timing remains unresolved. The dated issuance chart can show the genesis mint; it should not portray undated distributions, voluntary team lockups or VTHO staking rewards as new VET.
- Public Token Sale: Releases depend on recipients claiming tokens or on grants being awarded.
- Private Investors: The sources give the amount but no release dates.
- Enterprise Investors: The sources give the amount but no release dates.
- Co-founders and Development Team: Timing not yet established.
- Co-founders and Development Team: The original schedule was changed and the new timing is not yet published.
- Executive Team Voluntary Lockups: The sources give the amount but no release dates.
- Continuous Operation and Technological Development: Releases depend on future governance or treasury decisions.
- Business Case Development: Releases depend on future governance or treasury decisions.
- X Series Node Program Pledge: Releases depend on future governance or treasury decisions.
- 1. https://www.vechain.org/assets/whitepaper/whitepaper-1-0.pdf
- 2. https://vechainofficial.medium.com/vechain-financial-executive-report-vol-3-8a6aea62a907
- 3. https://vechainofficial.medium.com/vechain-financial-executive-report-vol-2-2fb65e91dad1
- 4. https://vechainofficial.medium.com/vechain-financial-executive-report-vol-4-c31417f88ef5
- 5. https://vechainofficial.medium.com/vechain-financial-executive-report-vol-10-c09bced0735
- 6. https://vechainofficial.medium.com/vechain-technical-ama-business-questions-part-1-cbd8dce2de51
- 7. https://vechainofficial.medium.com/vechain-x-series-6b77b746b4b2
- 8. https://static.upbit.com/guide/circulating_supply/VET_20250312.pdf
- 9. https://vechainstats.com/token/vet/
- 10. https://files.vechain.org/vechaincontainer/VET-White-Paper-MICAR.pdf
- 11. https://vechain.org/the-economics-of-staking-how-hayabusa-rewards-real-activity
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 · $4.1M open interest
Binance (CEX) | 1.7M | 12K/16K |
HTX (CEX) | 1.3M | 24/1.3K |
![]() Coinbase (CEX) | 708K | 62K/141K |
Kraken (CEX) | 141K | 7K/47K |
KuCoin (CEX) | 139K | 17K/24K |
Gate.io (CEX) | 101K | 33K/35K |
Bitget (CEX) | 100K | 32K/34K |
![]() MEXC (CEX) | 87K | 1.5K/2.9K |
Bybit (CEX) | 87K | 4.6K/5.5K |
Binance (CEX) | 83K | 2.2K/5.9K |
![]() MEXC (CEX) | 58K | 952/3.3K |
Kraken (CEX) | 27K | 8.6K/38K |
Binance (CEX) | 22K | 5.9K/9.1K |
Binance (CEX) | 16K | 2.1K/3.6K |
Kraken (CEX) | 7.6K | 7.2K/10K |
KuCoin (CEX) | 3.9K | 668/4.7K |
Kraken (CEX) | 1.6K | 7.8K/6.7K |
KuCoin (CEX) | 1K | 668/4K |
Allocations
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 · $4.1M open interest
Binance (CEX) | 1.7M | 12K/16K |
HTX (CEX) | 1.3M | 24/1.3K |
![]() Coinbase (CEX) | 708K | 62K/141K |
Kraken (CEX) | 141K | 7K/47K |
KuCoin (CEX) | 139K | 17K/24K |
Gate.io (CEX) | 101K | 33K/35K |
Bitget (CEX) | 100K | 32K/34K |
![]() MEXC (CEX) | 87K | 1.5K/2.9K |
Bybit (CEX) | 87K | 4.6K/5.5K |
Binance (CEX) | 83K | 2.2K/5.9K |
![]() MEXC (CEX) | 58K | 952/3.3K |
Kraken (CEX) | 27K | 8.6K/38K |
Binance (CEX) | 22K | 5.9K/9.1K |
Binance (CEX) | 16K | 2.1K/3.6K |
Kraken (CEX) | 7.6K | 7.2K/10K |
KuCoin (CEX) | 3.9K | 668/4.7K |
Kraken (CEX) | 1.6K | 7.8K/6.7K |
KuCoin (CEX) | 1K | 668/4K |

