Covalent token unlock schedule
Covalent had released 771M tokens by 1 Oct 2026, 77.1% of its 1.00B token supply. The next unlock, on 1 Nov 2026, adds 12.1M tokens (1.2% of the supply). The schedule reaches full release in May 2028.
Covalent tokens released over time
Upcoming Covalent unlocks
| Date | Tokens | Of supply | Value today | Goes to |
|---|---|---|---|---|
| 1 Nov 2026Next | 12.1M | 1.2% | n/a | Team +2 more |
| 1 Dec 2026 | 12.1M | 1.2% | n/a | Team +2 more |
| 1 Jan 2027 | 24.7M | 2.5% | n/a | Reserve +3 more |
| 1 Feb 2027 | 12.1M | 1.2% | n/a | Team +2 more |
| 1 Mar 2027 | 12.1M | 1.2% | n/a | Team +2 more |
| 1 Apr 2027 | 24.7M | 2.5% | n/a | Reserve +3 more |
| 1 May 2027 | 12.1M | 1.2% | n/a | Team +2 more |
| 1 Jun 2027 | 24.7M | 2.5% | n/a | Reserve +3 more |
| 1 Jul 2027 | 6.1M | 0.61% | n/a | Ecosystem +1 more |
| 1 Aug 2027 | 8.0M | 0.80% | n/a | Ecosystem +1 more |
| 1 Sep 2027 | 18.7M | 1.9% | n/a | Reserve +2 more |
| 1 Oct 2027 | 6.1M | 0.61% | n/a | Ecosystem +1 more |
Who receives Covalent tokens
Covalent unlock FAQ
When is the next Covalent unlock?
On 1 Nov 2026, when 12.1M tokens unlock, 1.2% of the supply.
How much Covalent is unlocked?
771M tokens, 77.1% of the supply, by 1 Oct 2026.
When will Covalent be fully unlocked?
May 2028, on Covalent's published schedule.
Who receives the next Covalent unlock?
The 1 Nov 2026 release goes to Team (6.0M), Ecosystem (4.2M) and Staking (1.9M).
Who is behind Covalent?
NAUT lists 7 people on the Covalent team and 10 backers, including Alameda Research, AU21 Capital and Binance Labs.
NAUT builds this schedule from Covalent's published tokenomics, as monthly snapshots of what each allocation holds, so it shows releases on paper, not on-chain transfers. Not financial advice. See Covalent on NAUT for its funding, team and contacts.