Unlock Schedule
VeThor (VTHO) Token Unlock & Vesting Schedule
As of November 11, 2026, 101.54 billion VTHO have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 21.62 billion VTHO (all estimated) from Legacy VET-holder VTHO generation and PoS validator and delegator block rewards, worth about $11.14 million at today's price (20.59% of the market cap). Today's release is an estimated 60.91 million VTHO from Legacy VET-holder VTHO generation and PoS validator and delegator block rewards.
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
How VTHO enters and leaves circulation
VTHO is created through network rewards and spent on transactions. It has no fixed maximum supply. Before Hayabusa, holding VET generated VTHO at a set rate. Under the current system, issuance depends on how much VET is actively staked across the network. Validators and people who delegate VET can receive VTHO rewards for their role in securing it. Merely holding unstaked VET no longer generates those protocol rewards. (docs.vechain.org)
The amount created is dynamic: it changes with the total VET staked, rather than rising by the same amount for every VET held. At the same time, transaction base fees are burned. New issuance adds VTHO to circulation, while fee burning removes it. The balance between those forces depends on staking and blockchain activity. (docs.vechain.org)
VTHO’s main utility is straightforward. It pays for transfers, contract deployment, and other actions that change the blockchain’s records. VET staking supports security and reward participation. Holding VTHO alone does not grant VeChainThor governance votes; StarGate staking NFTs are among the tools used for governance participation. (files.vechain.org)
Upcoming VTHO Releases
| Period | Allocation | Type | Amount | Value |
|---|---|---|---|---|
| Nov 11 – 30, 2026 | Legacy VET-holder VTHO generation | Issuance, estimated | 730.2M | $376K |
| PoS validator and delegator block rewards | Issuance, estimated | 488M | $251.3K | |
| Dec 2026 | Legacy VET-holder VTHO generation | Issuance, estimated | 1.1B | $582.9K |
| PoS validator and delegator block rewards | Issuance, estimated | 756.4M | $389.5K | |
| Jan 2027 | Legacy VET-holder VTHO generation | Issuance, estimated | 1.1B | $582.9K |
| PoS validator and delegator block rewards | Issuance, estimated | 756.4M | $389.5K | |
| Total, next 12 months | 21.6B | $11.1M | ||
Values at $0.00052 per VTHO (November 11, 2026), today's price, not a forecast. Releases continue after October 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
VeThor began with no VTHO at genesis. VET holdings generated it until the December 2025 Hayabusa transition; since then, variable block rewards have generated VTHO for validators and delegators. The Foundation also funded node bonuses and committed a separate 5.48 billion VTHO StarGate bonus pool, but the available sources do not establish complete payment amounts or dates. The chart can interpolate growth between dated total-supply readings, not measure monthly gross issuance, and it leaves the changeover gap and future variable rewards unresolved.
- Legacy VET-holder VTHO generation: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- PoS validator and delegator block rewards: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- PoS validator and delegator block rewards: Emission continues with no published future rate or end date.
- Foundation Economic and X-Node bonuses: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- StarGate bootstrapping bonus pool: The original schedule was changed and the new timing is not yet published.
- 1. https://docs.vechain.org/developer-resources/built-in-contracts
- 2. https://github.com/vechain/VIPs/blob/master/vips/VIP-254.md
- 3. https://github.com/vechain/VIPs/blob/master/vips/VIP-253.md
- 4. https://docs.vechain.org/introduction-to-vechain/dual-token-economic-model/vethor-vtho
- 5. https://docs.stargate.vechain.org/
- 6. https://docs.stargate.vechain.org/overview/rewards-structure
- 7. https://docs.stargate.vechain.org/phase-2-breaking-changes/intro
- 8. https://docs.stargate.vechain.org/phase-2-breaking-changes/functionality-changes
- 9. https://docs.vechain.org/core-concepts/nodes/node-rewards-programme
- 10. https://www.vechain.org/assets/whitepaper/whitepaper-1-0.pdf
- 11. https://www.coindesk.com/press-release/2025/06/30/vechain-launches-usd15m-stargate-staking-program-following-sec-crypto-guidance
- 12. https://vechainstats.com/token/vtho/
- 13. 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 · $1.5M open interest
 Binance (CEX) | 214K | 20K/29K |
 Coinbase (CEX) | 202K | 26K/21K |
 Bybit (CEX) | 158K | 3.7K/4.4K |
 MEXC (CEX) | 55K | 501/381 |
 Bitget (CEX) | 48K | 4.4K/8.2K |
 Gate.io (CEX) | 7.2K | 11K/7.7K |
 KuCoin (CEX) | 4.9K | 842/1.2K |
 Kraken (CEX) | 3.7K | 2.4K/13K |
Kraken (CEX) | 408 | 2.6K/5.1K |
Allocations
Estimated from the last observation onward: about 36,508,749 per day (1,111,235,043 per month), the rate between the observations of 15 August 2025 and 15 November 2025.
Estimated from the last observation onward: about 24,399,829 per day (742,669,792 per month), the rate between the observations of 16 May 2026 and 30 September 2026.
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 · $1.5M open interest
Binance (CEX) | 214K | 20K/29K |
Coinbase (CEX) | 202K | 26K/21K |
Bybit (CEX) | 158K | 3.7K/4.4K |
MEXC (CEX) | 55K | 501/381 |
Bitget (CEX) | 48K | 4.4K/8.2K |
Gate.io (CEX) | 7.2K | 11K/7.7K |
KuCoin (CEX) | 4.9K | 842/1.2K |
Kraken (CEX) | 3.7K | 2.4K/13K |
Kraken (CEX) | 408 | 2.6K/5.1K |