# Token metrics and initial allocation ## Initial Xai allocation and unlock schedule

**Team:** 20% of max supply was allocated to core team and early contributors. This will begin to unlock daily 6 months after TGE. The allocation will unlock over a 36 month period. 42 months in total. **Investors:** 22.41% of max supply was purchased by investors in early rounds. This will begin to unlock daily 6 months after TGE. The allocation will unlock over a 24 month period. 30 months in total. **Ecosystem:** 2% of max supply has been earmarked for market makers. The allocation will be unlocked immediately at TGE. 5.5% of max supply has been earmarked for the ecosystem. The allocation will begin unlocking daily 6 months after TGE and will unlock over a 36 month period. 42 months in total. ## Key token metrics ### Maximum Supply The maximum number of tokens coded to exist in the lifetime of the cryptocurrency. Xai has a maximum supply of 2.5B tokens, which includes all XAI and esXAI. You can verify this on chain by checking the `MAX_SUPPLY` function on the ERC20 smart contract for Xai deployed to Arbitrum. This smart contract can be found at [`0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66`](https://arbiscan.io/token/0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66#readProxyContract#F2).

### Total Supply Total Supply is the amount of tokens that have already been created, minus any tokens that have been burned (removed from circulation). Total Supply includes all esXAI and XAI that has been already minted. This is because XAI is burned in exchange for redeeming esXAI (and vice versa). To learn more about the redemption process [read this](https://xai-foundation.gitbook.io/xai-network/about-xai/xai-tokenomics/the-redemption-process). #### Total Supply as at 28 October 2025

Token	totalSupply	Smart contract
XAI	2.01BN	`0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66`
esXAI	191M	`0x4c749d097832de2fecc989ce18fdc5f1bd76700c`
Total Supply	2.2BN

You can easily fetch TotalSupply of both esXAI and XAI by checking the `getCombinedTotalSupply` function on an ERC20 smart contract deployed to Arbitrum. This smart contract can be found at [`0xfD41041180571C5D371BEA3D9550E55653671198`](https://arbiscan.io/address/0xfD41041180571C5D371BEA3D9550E55653671198#readProxyContract#F17)

### Circulating Supply The amount of tokens that are circulating in the market and are tradeable by the public. Locked supply regularly changes based on unlock events. To calculate circulating supply, subtract Locked XAI tokens from the the Total Supply of XAI tokens. {% hint style="info" %} Note: Circulating Supply does not include esXAI because esXAI is not transferable. {% endhint %} You can easily fetch Total Supply of XAI by checking the `totalSupply` function on the ERC20 smart contract deployed to Arbitrum. This smart contract can be found at [`0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66`](https://arbiscan.io/address/0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66#readProxyContract#F13)

You can easily fetch Locked Supply of XAI by checking the Token Holdings dropdown for each wallet listed in the table below and adding up all the XAI values across all listed wallets.

XAI Token Holdings for `0x0B200D24BedF5c9421EDB778130350514ced654C`

{% hint style="info" %} Investor wallets have both locked XAI and unlocked XAI but Circulating Supply follows the [Unlock Schedule](#unlock-schedule) below {% endhint %} #### Unlocked and Locked XAI Wallets

Token	Smart contract
XAI	`arb1:0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66`
Locked XAI	`arb1:0x0B200D24BedF5c9421EDB778130350514ced654C` `arb1:0xdbABF9bc164AeD5fd527d771f855f8Dc72595458` `arb1:0xBBcb40Ff54A1bE0F1781becdB8604f29A53f2361`

Circulating Supply as of 28 October 2025: 1.82 BN ## Unlock Schedule Xai mainnet launched publicly on January 9, 2024. The network's native token, XAI, facilitates on-chain transactions, pays gas fees, secures the network, and provides on-chain liquidity. The XAI [Maximum Supply](#maximum-supply) is capped at 2.5 billion tokens. At mainnet launch, roughly 17% of [Maximum Supply](#maximum-supply) were in circulation with the remainder being released on a proposed schedule, as shown in the graph below, to maintain network stability. The [Maximum Supply](#maximum-supply) has been apportioned in a manner to support those who contributed to the launch of Xai mainnet and ensure its ongoing health through a vibrant, active community.

{% hint style="info" %} Note that XAI Circulating Supply chart excludes esXAI emissions, esXAI to XAI redemptions and XAI gas burning. For that information please visit [this dashboard](https://dune.com/xai_foundation/xai-network). Circulation amounts refer to numbers at end of each month. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://xai-foundation.gitbook.io/xai-network/about-xai/xai-tokenomics/token-metrics-and-initial-allocation.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.