tread.fi Announces TREAD Genesis Allocation, Total Supply of 100 Million Tokens

Digital asset retail and institutional execution layer tread.fi announced that the genesis of its native token TREAD will occur on September 16, 2026 at 13:00 UTC. TREAD is a consumptive utility token, designed 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 minting function. The genesis allocation accounts for 15.2%, which will be fully unlocked based on platform usage and sent directly to users' registered HyperCore addresses, requiring no claim transaction or gas payment, with team members ineligible to participate. Community and ecosystem account for 35.5%, the Tread Labs treasury 23.8%, the team 18.0%, and the foundation treasury 7.5%. Team and Tread Labs treasury tokens are subject to a one-year lockup followed by a three-year linear unlock. There are no allocations for private investors, venture capital, CEXs, presales, or SAFTs. TREAD will be listed on Hyperliquid as an HIP-1 spot asset, with the primary trading pair being TREAD/USDC. The supply is non-inflationary, pays no yield, 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.