tread.fi announced the TREAD Genesis distribution, with a total of 100 million tokens
Digital asset retail and institutional execution layer tread.fi announced that its native token TREAD Genesis will take place on September 16, 2026, at 13:00 UTC. TREAD is a consumption-based utility token intended for use rather than staking, with utility defined through Tread Improvement Proposals. The total supply is 100 million tokens, with a fixed supply and no inflationary mechanism.The Genesis allocation accounts for 15.2%, which will be fully unlocked based on platform usage and sent directly to the user's registered HyperCore address, with no need to claim transactions or pay gas fees, and team members are not eligible to participate. The community and ecosystem account for 35.5%, the Tread Labs treasury accounts for 23.8%, the team accounts for 18.0%, and the foundation treasury accounts for 7.5%. Tokens from the team and Tread Labs treasury will be locked for one year and then unlocked linearly over three years. There are no private investors, venture capital, CEX, presale, or SAFT allocations.TREAD will be launched as HIP-1 spot asset on Hyperliquid, with the main trading pair being TREAD/USDC. The supply is non-inflationary, does not pay yields, and has no staking emissions. tread.fi has processed over $100 billion in trading volume for more than 30,000 retail traders and institutional clients, covering over 20 centralized and decentralized exchanges.
