dYdX is a decentralised perpetual futures exchange and the leading DeFi derivatives platform. It migrated to its own sovereign Layer 1 blockchain (dYdX Chain) built on Cosmos SDK in 2023.
dYdX (DYDX) launched its token on Sep 8, 2021 on the dYdX Chain blockchain. The total supply is 1.00B DYDX tokens, of which 100% (1.04B) have been unlocked to date. -40100K DYDX tokens remain subject to vesting schedules. The next scheduled unlock event is on Jul 8, 2026, releasing 4.5M tokens (0.46% of supply) from the Ecosystem allocation, valued at approximately — at current prices.
When is the next DYDX token unlock?
The next DYDX unlock is scheduled for Jul 8, 2026, in 29 days. 4.5M tokens (0.46% of total supply) from the Ecosystem allocation will be released.
What percentage of DYDX is still locked?
0.0% of the total 1.00B DYDX supply — equivalent to -40100K tokens — remains locked in vesting contracts. The remaining 100% (1.04B tokens) has already been released since the TGE on Sep 8, 2021.
How does dYdX's vesting schedule work?
dYdX uses a multi-tranche vesting structure with 10 allocation categories. Tokens are distributed over time using linear monthly vesting, often with an initial cliff period before the first release. The largest tranches are: Investors (27.8%), Founders & Employees (15.7%), Future Employees (7.7%).