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USD.AI · CHIP

Infrastructure credit — on-chain lending against AI and GPU hardware

1.5/10
balance
MrNasdog's take

CHIP keeps about 2 billion coins on the market, and that barely changes until bigger unlocks start next year. The public sale sold 700 million coins, and some buyers got a locked-in “protected” price that frees up on set dates — June 17 2026 and October 14 2026 (settled at $270M and $190M valuations). Those coins are already counted inside the 2 billion, not added on top — so when they unlock, the amount on the market doesn’t grow. That’s why this page shows almost no inflation. The supply that will really grow the float is the team-and-investor unlock starting around April 2027.

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Metric 1 · Coin inflation · 1/5FREE

CHIP · nothing is minted, and the treasury is the whole story.

CHIP is the governance token of USD.AI10B minted once on Arbitrum, 2B counted as float, and no mint and no burn, so every move in supply is a wallet opening.

Sell pressure. Identified project wallets released 157.13M CHIP in 90 days — the treasury alone paid 100M on Aug 4 2026 — while the investor cliff stays shut until Mar 30 2027.

Buy pressure. One row only: 26.12M CHIP moved into the slashable staking module, which pays nothing and holds every withdrawal behind a cooldown.

Net. About 6.55% of the counted float arrived over 90 days, and 2.21% is due next.

Inflation
Last 90 Days
+6.55%
updated · Sep 7 2026
Net flow: 6.55% of supply goes to market over 90 days
Next 90 Days
+2.21%
estimate
Net flow: 2.21% of supply goes to market next 90 days
Supply growing · projected to keep growing
monitor gap · The supply the monitor divides has been pinned at exactly 2,000,000,000 for all 137 readings since listing on Apr 22 2026 — a classifier that cannot move, so it cannot show a release. Read directly instead: the 32 project-controlled wallets fell from 8,768,141,256 to 8,611,012,595 CHIP between Jun 9 2026 and Sep 7 2026, and an exchange hot wallet that shares none of those addresses rose by 156,692,547 over the identical range.
Upcoming · Next 90 Days
  • Monthly release wallet B~4.43M CHIP
    Sep 21 2026 · released to market
  • Monthly release wallet A~8.85M CHIP
    Sep 22 2026 · released to market
  • Aug tranche remainder~13.89M CHIP
    Oct 3 2026 · released to market
Sell pressure
1. Protocol inflation
0

Nothing here can create a coin. The token has no mint function anywhere in its code, and the supply figure read the same 10,000,000,000 at both ends of the window. That reading was tested rather than assumed: the number sits in writable storage instead of being baked into the code, so a mint would have moved it. The contract can still be pointed at new code by its administrator, which is why this row stays watched rather than closed.

updated · Sep 7 2026
2. Vesting unlocks
0

Investor and core-contributor allocations — 53.1% of supply between them — sit behind a twelve-month cliff that opens on Mar 30 2027, when a third releases at once and the rest spreads over 24 monthly steps. Nothing in that schedule touches this window or the next one, and the thirteen dormant allocation wallets holding 4,666,425,947 between them did not move a single coin across the 90 days. The 2027 overhang also shrank before it ever became float: the developer repurchased 338,806,273 out of investor allocations in May 2026.

checked · Sep 7 2026
3. Foundation + unscheduled unlocks
~157.13M CHIP

The whole page lives in this row. Reading all 32 project-controlled wallets as one group so internal moves cancel, the balance fell from 8,768,141,256 to 8,611,012,595 across the 90 days. The treasury multisig did most of it: it held 9,001,809,916.80 the day after launch and 697,255,336.07 today, sat still for eight weeks, then paid 99,999,990 out on Aug 4 2026 and another 12,353,250 across Sep 1 2026 and Sep 2 2026. Two monthly release wallets added 26,562,500 and 13,281,250 on fixed dates, and a distribution wallet a further 4,859,346. Followed forward rather than assumed, the Aug 4 2026 payment reached a two-way market-making wallet whose deposits lifted one exchange hot wallet by 156,692,547 over the identical 90 days — a separate surface agreeing to within 0.3%. Tracked but not booked: 697,255,336.07 of unlocked reserve still in the treasury, 41,922,286 in the distribution wallet, the omnichain lock at 115,070,847.53 and the bridge lock at 11,249,885.61 — coins that move between chains rather than into supply. Exchange custody wallets are left out because those coins belong to depositors.

updated · Sep 7 2026
4. Long-term locked or bankruptcy
0

There is no estate, no trustee and no long-dated lock unwinding into supply. The token launched Apr 21 2026 and has no bankruptcy history of any kind, so this row has nothing to measure and no way to acquire something to measure inside the next window.

checked · Sep 7 2026
Buy pressure
1. Programmatic buyback
0

No open-market buyback exists. The developer did repurchase 338,806,273 CHIP from investor allocations in May 2026, and 31,731,287 unclaimed airdrop coins before that — 3.71% of supply between them — but both were private repurchases of coins that were still locked, so neither lifted a single coin off an order book, and both landed before this window opened. Nothing has fired since, and no repeat is announced.

checked · Sep 7 2026
2. Protocol fee burn
0

There is no burn, and both places a burn could show up were read at both ends of the window. Neither of the two dead addresses holds a single coin, and the supply figure did not fall. The token also has no burn function in its code, so one would have to be added before a burn could happen at all.

updated · Sep 7 2026
3. Foundation buy
0

The treasury only pays out. Its single inflow across the whole window was 297,769.77 CHIP arriving from a protocol contract — fees taken in kind, not coins bought on a market. No purchase programme is announced, and no buying shows up on-chain against any wallet the project controls.

updated · Sep 7 2026
4. New long-term lock
~26.12M CHIP

The staking module grew from 23,985,431.22 to 50,101,624.75 CHIP — a rise of 26,116,193.53 across the window, and 22,604,602.54 of that in the last four weeks. This is a real lock rather than a label: withdrawals wait out a cooldown set by vote, and staked coins are the first loss if the loan book takes a shortfall. Stakers are paid nothing for carrying that, which makes the growth a deliberate choice rather than a yield chase.

updated · Sep 7 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M CHIP)
157.129
70.399
Buy total (M CHIP)
26.116
26.116
Sell % of circ
+7.856%
+3.520%
Buy % of circ
+1.306%
+1.306%
Net inflation %
+6.551%
+2.214%
Score (0–2)
0.0
0.7
Verdict
avoid
mixed
Circulating supply: 2000.000M CHIP
Read the full Inflation Analysis
CHIP: nothing is minted, and the treasury is the whole story.
Long-form mechanism walk. ~5 min.

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