Token UnlocksLow impactTentative
Morpho (MORPHO) Token Unlock, November 20, 2026
1,000,000 MORPHO unlocks to market makers on November 20, 2026, 0.15% of circulating supply.
About this event
Market makers receive 1,000,000 MORPHO on Friday, November 20, 2026. The tokens equal 0.15% of the coin's circulating supply.
The date comes from a vesting model with monthly steps of 30.44 days and is tentative, so the project may unlock on a nearby day.
Why it matters
The unlock is half the size of the previous one on November 20, 2025, which released 2,000,000 MORPHO, and at September 30, 2026 prices the tokens equal less than one tenth of one day of MORPHO trading volume.
Key facts
TokenMorpho (MORPHO)
Tokens unlocked (MORPHO)1,000,000
Unlock date (UTC)Nov 20, 2026
Date basisDefiLlama vesting model (monthly steps of 30.44 days); the project may unlock on a nearby day
Share of circulating supply0.14%
Circulating supply (MORPHO, CoinGecko)700,153,227
Maximum supply (MORPHO)1,000,000,000
Recipients (allocation: tokens)Market Makers (1,000,000)
DefiLlama allocation categoriesliquidity
Previous unlock2025-11-20: 2,000,000 MORPHO
Value at the price when read$2.69M
Unlock value / 24h trading volume when read0.11×
What to watch
- 1Whether the unlock lands on November 20, 2026 or a nearby day
- 2MORPHO trading volume on and after November 20, 2026
