Token Vesting Calculator
Calculate vested and unvested token amounts based on a cliff-plus-linear or quarterly milestone vesting schedule.
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How to use this calculator
- 1
Enter your total token grant and the cliff and total vesting periods in months.
- 2
Set the current token price and how many months have elapsed since your grant date.
- 3
Choose between linear or quarterly milestone vesting.
- 4
The calculator shows exactly how many tokens are vested, their value, and when you will be fully vested.
Frequently asked questions
What formula does linear vesting use?
This tool uses: vested = total tokens × months elapsed ÷ total vesting months, but only once the cliff has been reached. Before the cliff it returns 0, and at or after the end of the schedule it returns the full grant. With 48,000 tokens over 48 months and a 12-month cliff, month 12 shows 12,000 tokens vested.
Is linear vesting monthly or continuous?
Continuous. The menu says monthly, but the formula is a straight proportion, so 16.5 elapsed months vests 16.5 ÷ 48 of the grant and fractional months are accepted. Results are rounded to whole tokens for display.
How do quarterly milestones work?
At the cliff, total × cliff ÷ vesting months is released. The remaining tokens are split equally across ceil((vesting − cliff) ÷ 3) quarterly steps, and one step is released for each full three months after the cliff. At month 16 in the 48,000-token example, that is one step of 3,000 tokens added to the 12,000 at the cliff, so 15,000 are vested against 16,000 under linear vesting.
What does the cliff do?
Until months elapsed reaches the cliff, vested tokens are 0. At the cliff the proportion of the grant that matches the cliff period is released at once: for a 12-month cliff on a 48-month schedule, 25% of the tokens. A cliff of 0 means vesting starts immediately.
What if the cliff is longer than the vesting period?
Nothing vests until the full vesting period has elapsed, and then the whole grant vests. The cliff-token figure is capped at the grant size, so it cannot exceed the total. The monthly vesting rate row shows 0 in that case.
What does the monthly vesting rate row show?
Total tokens ÷ total vesting months, for example 2,083 tokens per month for 100,000 over 48 months. It is shown for both vesting types, even though quarterly milestones release tokens in steps rather than evenly each month.
How is the current value computed?
Vested tokens × the token price you type in. The price is an input, not a market quote or a forecast. Tax, transfer restrictions, forfeiture when leaving, acceleration clauses and any lock after vesting are not part of the calculation.
Is this financial advice?
No. It applies a schedule formula to the numbers you supply. Token prices can fall to zero, and the actual terms of your grant, set out in your agreement, decide what vests and when.
Token vesting calculator — cliff, linear and quarterly schedules
How to use the token vesting calculator
Use this token vesting calculator to model your crypto token unlock schedule. Enter the total token allocation, cliff period (if any), vesting duration, and vesting frequency (monthly, quarterly, or annually). The tool generates a full vesting table showing tokens unlocked at each interval. Free and instant.
How the token vesting calculator works
The token vesting calculator divides the post-cliff token allocation by the number of vesting intervals to compute tokens released per period. It respects the cliff (no tokens released during the cliff period) and displays a cumulative unlock table. All calculations run locally in your browser — no data uploaded.
How vesting is worked out
You enter the grant size, the cliff, the full vesting length, the months elapsed and a token price. If the elapsed time is below the cliff, nothing has vested. Once the cliff is reached, linear vesting releases total × elapsed ÷ vesting months, and quarterly milestones release the cliff share first and then equal steps every three months. When elapsed time reaches the end of the schedule, the whole grant is vested. Value is vested tokens times the price you enter.
Linear and quarterly across a 48-month grant
The table uses a 48,000-token grant with a 12-month cliff, a 48-month schedule and a token price entered as $2. It shows the tokens vested at several months under linear and quarterly vesting, plus the dollar value of the linear amount. The price is an example input, not a market value.
| Months elapsed | Linear vested | Quarterly vested | Linear value |
|---|---|---|---|
| 11 | 0 | 0 | $0.00 |
| 12 | 12,000 | 12,000 | $24,000.00 |
| 16 | 16,000 | 15,000 | $32,000.00 |
| 18 | 18,000 | 18,000 | $36,000.00 |
| 24 | 24,000 | 24,000 | $48,000.00 |
| 47 | 47,000 | 45,000 | $94,000.00 |
| 48 | 48,000 | 48,000 | $96,000.00 |
Why the two schedules diverge
In this example the two types match at the cliff and at every third month after it, because the 36 months after the cliff divide into steps of exactly three months, so each step completes just as linear vesting reaches the same point. They differ in between: at month 16 the quarterly schedule has released only one full step and shows 15,000 tokens, while linear shows 16,000. At month 47, one month before the end, quarterly shows 45,000 against 47,000. The gap closes completely at month 48 when the schedule finishes.
A second grant: 60,000 tokens, 6-month cliff
Take a grant of 60,000 tokens with a 6-month cliff, a 24-month schedule and 15 months elapsed. At the cliff, 15,000 tokens vest. At month 15, both linear and quarterly show 37,500 vested and 22,500 remaining. At a price entered as $0.50 the vested tokens are worth $18,750, and 9 months remain. The monthly rate row shows 2,500 tokens per month, which is the grant divided by the 24-month schedule.
What the tool does not do
It does not read your agreement, so cliff-and-schedule terms must come from your own documents. Forfeiture on leaving, acceleration events, post-vesting lock-ups, tax and transfer rules are not modelled. The token price is a number you type and says nothing about future value; tokens can lose value, and this is not investment advice.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →