The best token vesting platform for your project depends on three things: which chain your token lives on, who the recipients are (investors, team members or a community claim), and how much operational and compliance support you need. For on-chain streaming on EVM chains, Sablier and Hedgey are common choices. For Solana, Streamflow is one of the most widely used options. For teams that want a managed platform covering cap table, claims and reporting, Magna is a frequent pick, and Toku focuses on employee token grants and payroll compliance. Team Finance and UNCX combine vesting with liquidity locks, and an audited custom contract remains a valid option for teams with specific needs. Below are the criteria we used and what each option is best suited for.
Vesting design itself, meaning cliffs, durations and allocation, is covered in our guide to token vesting schedules. This article is about the tooling that enforces those schedules.
Selection Criteria
We assessed each option against the questions token teams actually face when choosing:
- Chain support. Does it run where your token is deployed, and on every chain you plan to bridge to?
- Enforcement model. Are tokens held in a smart contract that releases them on schedule, or is vesting tracked off-chain and released manually?
- Transparency. Can investors, exchanges and the community verify the schedule on-chain?
- Flexibility. Cliffs, linear and stepped unlocks, revocable grants for employees, batch creation for many recipients.
- Security record. Audits and length of time in production. Vesting contracts can hold a large share of your supply, so this matters more than features.
- Operational fit. Dashboard, recipient claim portal, reporting, multisig support, and support for tax or payroll where employees are involved.
We do not list fees: pricing models change and differ by deal size and chain. Confirm current pricing, supported chains and audit status directly with each provider before committing.
1. Sablier
Sablier is a token streaming protocol that releases tokens continuously, or in custom curves, from a smart contract. It is one of the longest-running vesting and streaming protocols in production on EVM chains.
- Best for: Investor and team vesting on EVM chains where you want schedules fully on-chain and publicly verifiable.
- Strengths: Flexible unlock shapes, including cliffs and stepped releases; streams can be represented as transferable or non-transferable positions; well known to investors.
- Consider: Check current chain coverage against your deployment plan.
2. Hedgey
Hedgey provides on-chain vesting plans, token lockups and claim campaigns for EVM chains. It is often used by DAOs and protocols distributing tokens to contributors and investors.
- Best for: Teams that want vesting, lockups and token claim distributions in one place on EVM chains.
- Strengths: Supports revocable vesting for contributors and non-revocable lockups for investors; claim tooling is useful for community distributions.
- Consider: As with any on-chain tool, verify the specific contract versions and audits for the chains you use.
3. Streamflow
Streamflow is one of the most widely used vesting and token distribution platforms in the Solana ecosystem, covering vesting contracts, airdrops and token locks.
- Best for: Solana-native tokens, and teams combining vesting with airdrop distribution.
- Strengths: Built around Solana's account model; covers vesting and distribution in one product.
- Consider: If you plan to deploy across EVM chains as well, check whether one tool can cover both or whether you will run two.
4. Magna
Magna is a managed token operations platform: vesting, claims, cap table management and reporting, with on-chain and off-chain options. It is aimed at teams with many investors and employees across rounds.
- Best for: Projects with complex cap tables, several funding rounds and a need for investor-facing reporting.
- Strengths: Centralises allocation records, schedules and claims; reduces spreadsheet risk between legal documents and on-chain reality.
- Consider: A managed platform adds a vendor relationship; check custody arrangements and what is enforced on-chain versus tracked.
5. Toku
Toku focuses on token compensation for employees and contractors: token grant administration, tax withholding and payroll compliance across jurisdictions.
- Best for: Teams paying employees in tokens who need grants handled correctly for tax and employment purposes.
- Strengths: Covers the compliance side that pure vesting contracts do not touch.
- Consider: Usually paired with an on-chain vesting tool for investors rather than used for every allocation.
6. Team Finance
Team Finance offers token vesting alongside liquidity locks and token creation tools across several EVM chains.
- Best for: Smaller launches that want vesting and liquidity locking in one interface.
- Strengths: Simple to set up; combines two trust signals buyers look for, locked liquidity and locked team tokens.
- Consider: For large institutional rounds, investors may expect more detailed reporting than a lock interface provides.
7. UNCX Network
UNCX is best known for liquidity locks on decentralized exchanges and also offers token vesting and lock contracts across multiple chains.
- Best for: DEX-first launches where liquidity locks are the main requirement and team or investor token locks are needed alongside them.
- Strengths: Widely recognised by DEX traders checking whether liquidity and team tokens are locked. See our guide on how to lock liquidity at launch.
- Consider: Check whether its vesting features match the complexity of your investor schedules.
8. Custom Contract Built on an Audited Library
Some teams write their own vesting contracts, often based on audited building blocks such as OpenZeppelin's VestingWallet, extended for their needs.
- Best for: Unusual schedules, such as milestone-based unlocks or vesting tied to governance conditions, or chains where third-party tools are limited.
- Strengths: Full control over logic and no third-party dependency.
- Consider: Every custom line of code needs an audit, and you own the maintenance. Many vesting bugs come from custom modifications to otherwise sound contracts. Scope the audit to include every change you make to the base library.
Comparison Table
| Option | Main ecosystem | Model | Best fit |
|---|---|---|---|
| Sablier | EVM | On-chain streaming | Investor and team vesting, public verification |
| Hedgey | EVM | On-chain vesting, lockups, claims | DAOs, contributor and investor plans |
| Streamflow | Solana | On-chain vesting and distribution | Solana tokens, vesting plus airdrops |
| Magna | Multi-chain | Managed platform | Complex cap tables, investor reporting |
| Toku | Multi-chain | Compensation and compliance | Employee token grants |
| Team Finance | EVM | Locks and vesting | Smaller launches, liquidity plus team locks |
| UNCX | Multi-chain | Locks and vesting | DEX-first launches |
| Custom contract | Any | Self-built, audited | Unusual schedules, full control |
How to Choose
- One chain, standard schedules, investors who want on-chain proof: an on-chain protocol for your chain, such as Sablier or Hedgey on EVM or Streamflow on Solana.
- Many investors across several rounds: a managed platform such as Magna, with schedules enforced on-chain where possible.
- Employees paid in tokens: a compensation tool such as Toku, alongside an investor vesting tool.
- DEX launch with liquidity locks: Team Finance or UNCX.
- Schedules no tool supports: a custom contract on an audited library, with its own audit.
Many projects use two tools: one for investor and team allocations, another for employees or community distributions. That is fine as long as there is one internal source of truth that reconciles every allocation against your tokenomics.
Mistakes to Avoid
- Vesting off-chain only. Spreadsheet-tracked vesting with manual releases is hard for investors and exchanges to verify and easy to get wrong.
- Mismatch between legal documents and contracts. The schedule in the SAFT or token warrant must match the one deployed. Reconcile them before TGE.
- Admin keys on a single wallet. Control of vesting contracts should sit with a multisig.
- Forgetting bridged supply. If tokens move across chains, make sure vesting still applies to the canonical supply.
- No unlock calendar. Publish a clear unlock schedule so the market is not surprised. Our guide on managing token unlocks explains why predictability matters.
If you are still deciding how to fund the round that creates these allocations, our companion article on ecosystem grants vs VC funding looks at how each route shapes your future unlock calendar.
Vesting Tools Enforce the Schedule; Liquidity Absorbs It
A vesting platform guarantees that tokens unlock when promised. It does not decide whether the market can absorb them. That depends on order book depth, float and the trading environment at each unlock.
Fibonacci Capital works with token teams before TGE to model unlock calendars against expected liquidity and to provide market making that keeps books stable through cliffs and large releases. If you are setting up vesting ahead of launch, our pre-TGE programme covers that planning. Get in touch to review your schedule with us.