Xai Network
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English
  • About Xai
    • Welcome to Xai
    • Xai Introduction
      • Xai Blockchain
      • Xai Foundation
      • Xai Token
      • Blockchain Gaming
        • Current Limitations
        • The Future of Gaming
        • Gaming Evolved
      • Ex Populus Partnership
      • Offchain Labs Partnership
      • Vanguard League
      • FAQ
      • Important Links
      • Xai Brand Kit
    • Xai Protocol
      • Xai Basic Concepts
      • AnyTrust: Revolutionizing Blockchain Infrastructure
        • Reducing Costs through Trust Assumptions
        • Keysets for Flexibility
        • Data Availability Certificates (DACerts)
        • Dual Data Posting Mechanisms
        • Data Availability Servers (DAS)
        • Sequencer-Committee Interaction
      • Security considerations
    • Xai Governance Voting Guide
    • XAI Tokenomics
      • XAI Token’s Utility & Purpose
      • esXAI Token’s Utility & Purpose
      • The Redemption Process
      • Token metrics and initial allocation
      • XAI & esXAI Emissions & Burning
      • Network Rewards
      • Sentry Key Pricing Tiers
    • Sentry Keys Explained
      • How do Sentry Nodes Work
      • Who Can Operate A Sentry Node
      • Referee Smart Contract
        • Submission of Assertions
        • Claiming Rewards
        • Creating Assertion Hash and Checking Payout
      • Challenger Component
      • Key (NFT-based)
      • Sentry Download and Operation
      • Sentry Wallet Functionality
      • Licensing Impact
      • Sentry Node Hardware Requirements
      • Sentry Node Utility
      • Accruing Key Rewards
    • Sentry Key Purchase & Setup
      • Step 1: Purchase a Sentry Key
        • Option 1: Buy Sentry Key via the website
        • Option 2: Buy Sentry Key via Xai Sentry Node desktop app
        • Option 3: Buy Sentry Key via Xai Sentry Node CLI (command line interface)
          • How to view the price of a Key via the CLI
        • Option 4: Buy Sentry Key via Node License Contract on Arbiscan
      • Step 2: Download & Run the Xai Sentry Node
      • Step 3: Complete Requirements to Accrue esXAI
        • Step 3a: Set Up & Fund the Sentry Wallet
          • How to Obtain Arbitrum ETH
          • How to import your wallet as the Sentry Wallet in the desktop app
        • Step 3b: Start the Sentry Wallet (a.k.a Operator)
          • How to create a wallet using the CLI
        • Step 3c: Assign Keys to the Sentry Wallet
      • Step 4: Complete KYC (or KYB) to Claim XAI redemptions
        • How to interpret a Pending KYC status
      • Common Troubleshooting Steps
        • How do I run a Xai Node on VPS?
          • Step 1: Choose a VPS
          • Step 2: Log in to a server
          • Step 3: Set up Xai Sentry Node
          • Step 4: Set up a Screen
          • Step 5: Start Xai Sentry Node
          • Step 6: Monitor your Node via Screen
          • Step 7: Updating your node
        • How do I prevent others from using my Sentry Wallet or Operator?
        • Why don't I see the KYC link on the desktop app?
        • How do I know my Node is running in the CLI?
        • How do I KYC if I'm using the CLI?
        • How can I see my rewards?
        • Crashing, inconsistent Emissions / missing revert data errors
        • According to BlockPass, my KYC is approved, but the desktop app still says I am not approved
        • I see "Transaction in progress" message after assigning my wallet. Did my wallet not get assigned?
        • How do I delegate my Keys to another user's operator?
        • Why did my Accrued esXAI balance decrease?
        • What are the legitimate contracts owned & operated by Xai Foundation?
        • Why do I get an error for challenge 2012?
      • How To Videos
        • Desktop Client
          • Download & Install Xai Node Desktop Client
          • Import & Start Your Sentry Wallet
          • Assign Wallets Containing Keys to the Sentry Wallet
          • Fund Sentry Wallet with Arbitrum One ETH
          • Submit KYC
          • Claim Node Rewards after Passing KYC
        • Command Line Interface (CLI)
          • Download & Install Xai Node CLI
          • Boot Operator & Interpret Status Logs
          • Add Custom Operator
          • Track Accrued esXAI
          • KYC When Using CLI
      • Redeem Referral Rewards
    • Open Initiatives
      • Completed Initiatives
      • Xai & Sentry Nodes Initiatives
      • Xai Protocol Initiatives
  • Staking Explained
    • Staking v1 and v2
    • Staking Pool Guide
      • Create a Pool
      • Stake esXAI
      • Stake Sentry Keys
      • Generating Rewards
      • Unstaking
    • Staking Rewards & Tiers
    • Time Cooldown
    • Gas Optimizations
  • Tiny Sentry Key FAQ
    • FAQ (Indonesian / Bahasa Indonesia)
    • FAQ (Korean / 한국어)
    • FAQ (Hindi / हिन्दी) - कुंजी विभाजन सामान्य प्रश्न
    • FAQ (Chinese / 中文)
  • Key Sale Referrals
  • Key Split Update (technical)
  • Build on Xai
    • Xai Chains & Parameters
      • Connect to Xai Mainnet
      • Bridge to Xai Mainnet
      • Connect to Xai Testnet (Sepolia)
      • Bridge to Xai Testnet
      • Bridged Token Addresses
      • Contract Addresses
    • How to run a full node for Xai chain
    • How to get $XAI
      • Centralized Exchanges
      • Decentralized Exchanges
        • Camelot
    • Developer Tools
      • Block Explorers
      • RPC
        • Ankr
        • Nirvana
        • QuickNode
      • Token Bridges
        • Xai native bridge
        • Gas.zip
        • Relay
      • Wallets
      • Marketplace
        • Reservoir
        • Snag Solutions
        • RaribleX
      • On chain randomisation
        • Supra VRF
  • Xai Gaming Dev Resources
    • Xai Connect
      • Overview
      • Integrate with Xai Connect
    • Build with thirdweb
      • Overview
      • Connect
      • Contracts
      • Wallets
      • Account Abstraction
      • SDKs
      • Engine
      • Web3 APIs
    • Build with Sequence
    • Subgraph
    • Xai Gas Subsidy
  • Xai Vanguard: Genesis
    • Getting Started
      • Leaderboard
      • Discord
    • Chapter 01: Onboarding
    • Chapter 02: Minting
      • Minting from Contract
    • Chapter 03: Discord
      • Obtaining esXAI
      • Obtaining XAI
      • Buy Sentry Key
    • Chapter 04: Xai Staking Pools
    • Chapter 05: Unicorn Bingo
    • Chapter 06: Bridging
    • Chapter 08: Build on Xai
      • Thirdweb: Creator Portal Walkthrough
      • Sequence: Xai Builder Walkthrough
    • Chapter 09: Camelot
    • Chapter 10: Crypto Unicorns
    • Chapter 11: Tarochi
    • Chapter 12 - My Angry Yakuza Girlfriend
    • Chapter 13 - Rainbow Rumble
    • Chapter 14 - The Lost Glitches
  • Xai Vanguard: Previous Seasons
    • XAI Token Claim
      • Claim Details
  • Play Games on Xai
    • Connect your wallet to Xai
    • Xai Games Catalog
    • Final Form
      • Card Sets
      • Card System
      • Where to Get Cards
      • ❔FAQ
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On this page
  • Initial Xai allocation and unlock schedule
  • Key token metrics
  • Maximum Supply
  • Total Supply
  • Circulating Supply
  • Unlock Schedule
  1. About Xai
  2. XAI Tokenomics

Token metrics and initial allocation

PreviousThe Redemption ProcessNextXAI & esXAI Emissions & Burning

Last updated 1 month ago

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.

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.

Total Supply as at 4 April 2025

Token
totalSupply
Smart contract

XAI

1.87BN

0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66

esXAI

260M

0x4c749d097832de2fecc989ce18fdc5f1bd76700c

Total Supply

2.1BN

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

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.

Note: Circulating Supply does not include esXAI because esXAI is not transferable.

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

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.

Investor wallets have both locked XAI and unlocked XAI but Circulating Supply follows the Unlock Schedule below

Unlocked and Locked XAI Wallets

Token
Smart contract

XAI

arb1:0x4cb9a7ae498cedcbb5eae9f25736ae7d428c9d66

Locked XAI

arb1:0xdbABF9bc164AeD5fd527d771f855f8Dc72595458

arb1:0x0B200D24BedF5c9421EDB778130350514ced654C

arb1:0x58e6c8650b2897f07196a489dd5607317E31262E

arb1:0x9d8b92F0203f883f05F4f416E8266Cc73d15EDa3

arb1:0x5400f813C90880Cb516ECE7312fb9094FeB2F101

arb1:0xBBcb40Ff54A1bE0F1781becdB8604f29A53f2361

Circulating Supply as of April 4, 2025: 1.12 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 is capped at 2.5 billion tokens. At mainnet launch, roughly 17% of 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 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.

Note that XAI Circulating Supply chart excludes esXAI emissions, esXAI to XAI redemptions and XAI gas burning. For that information please visit this dashboard.

Circulation amounts refer to numbers at end of each month.

MAX_SUPPLY
getCombinedTotalSupply
totalSupply of XAI
XAI Token Holdings for 0x0B200D24BedF5c9421EDB778130350514ced654C
XAI Circulating Supply