TrueHold

Token unlocksPlasma

Plasma logo

Plasma token unlocks

When locked XPL reaches the team, investors and the treasury, by the project’s published vesting schedule: dates, amounts, their share of the circulating supply and who receives them.

Next unlock · In 14 days

November 25, 2026

High impact
227.8M
XPL unlocking
4.8%
of the circulating supply
2.28%
of the max supply
$12.1M
at the November 9 price

Who receives it

  • Ecosystem and growth88.9M · 39%
  • Team69.4M · 30%
  • Investors69.4M · 30%

Get every XPL and other unlock date in your calendar

Google CalendarApple or Outlook.ics file
10.0B XPL
Max supply
4.76B XPL
Circulating
47.6%
Unlocked by schedule
2.73B XPL
Next 12 months

Unlocked supply over time

10.0B maxToday
2026202720282029
Unlocked XPL by month under the published schedule, out of a maximum supply of 10.0B. Steps are scheduled unlocks; slopes are continuous vesting.

Scheduled unlocks

DateAmountOf circulatingValueMostly to
Nov 25, 2026227.8M4.8%$12.1MEcosystem
Dec 25, 2026227.8M4.8%$12.1MEcosystem
Jan 25, 2027227.8M4.8%$12.1MEcosystem
Feb 25, 2027227.8M4.8%$12.1MEcosystem
Mar 25, 2027227.8M4.8%$12.1MEcosystem
Apr 25, 2027227.8M4.8%$12.1MEcosystem
May 25, 2027227.8M4.8%$12.1MEcosystem
Jun 25, 2027227.8M4.8%$12.1MEcosystem
Jul 25, 2027227.8M4.8%$12.1MEcosystem
Aug 25, 2027227.8M4.8%$12.1MEcosystem
Sep 25, 2027227.8M4.8%$12.1MEcosystem
Oct 25, 2027227.8M4.8%$12.1MEcosystem

And 11 more scheduled unlocks through September 25, 2028, 2.51B XPL in all.

Value at the November 9, 2026 price; share against the circulating supply on that day.

Price and unlock dates

$0.318$0.0527
DecFebAprJunAugOctDecFebApr
Past unlockComing unlockDot size follows the unlock’s share of the max supply. Daily closes in US dollars.

Price around past unlocks

Over 13 past unlocks, XPL moved a median −4.7% against bitcoin in the week before and −5.2% in the week after, lagging it after 62% of them. In an ordinary week, tokens in our unlock price study moved −2.5% against bitcoin.

UnlockOf supplyWeek beforeDayWeek after
Oct 25, 20262.28%−4.8%+0.1%+13.4%
Sep 25, 202617.56%+16.4%+3.8%−13.8%
Aug 25, 20260.89%+5.5%−6.5%−13.3%
Jul 25, 20260.89%−1.0%−2.0%−11.2%
Jun 25, 20260.89%−12.9%+16.1%+0.4%
May 25, 20260.89%−2.4%+5.4%+14.0%
Apr 25, 20260.89%−21.9%−0.1%−9.8%
Mar 25, 20260.89%−13.1%+1.9%−1.7%
Feb 25, 20260.89%−4.7%+12.6%+26.2%
Jan 25, 20260.89%−1.7%−5.3%−5.9%
Dec 25, 20250.89%+4.6%+0.7%+21.3%
Nov 25, 20250.89%−13.8%+8.1%−5.2%

Each move is XPL’s change minus bitcoin’s over the same days, from daily closes. Past moves do not predict future ones.

Where the supply goes

Ecosystem and growth40.0%
Team25.0%
Investors25.0%
Public sale10.0%

Share of the maximum supply by recipient, as the project publishes it.

Where the schedule comes from

We work the dates out from Plasma’s own vesting rules, checked against these sources on November 9, 2026:

Plasma gives the cliff and the monthly cadence but not the day; the 25th is the launch anniversary.

US public-sale buyers were locked until July 28, 2026; Plasma does not say how much of the sale that was. Validator rewards (new issuance) are not counted.

Questions people ask

On or around November 25, 2026: 227.8M XPL, about 4.8% of the circulating supply, mostly to ecosystem.

About 2.73B XPL in 12 scheduled unlocks, worth about $144.6M at the November 9, 2026 price.

10.0B XPL by its vesting schedule, of which about 4.76B were circulating on November 9, 2026.

Not necessarily. Unlocked tokens can be sold, and large unlocks to investors and early contributors are watched for that reason, but recipients often hold or stake, and markets usually know the date well in advance.

Other upcoming unlocks

io.netNov 11AptosNov 12StarknetNov 15ArbitrumNov 16ZKsyncNov 17LayerZeroNov 20MonadNov 24EigenCloudNov 30

Also on the schedule: Sui, Ondo, Pyth Network, Avalanche, Ethena, Worldcoin, Celestia and ZetaChain.

All tokens on upcoming token unlocks; CPI, FOMC and options expiries on the crypto calendar.

Every XPL you hold, in one number

TrueHold adds up XPL across your wallets and exchange accounts, so you know your exposure before the next unlock.

Track my portfolio

Information only, not financial advice. Dates from Plasma’s published vesting rules, checked November 9, 2026; prices as of November 9, 2026. The project’s own announcements are final. TrueHold is not affiliated with Plasma.