VIRTUAL · a coin that can never be made again, with one last lock about to run dry.

The full one-billion supply was issued once and the ceiling is already reached, so there is no room left to create a single new coin. The key that could raise the ceiling has been thrown away on-chain. Every other network carries a claim on that same one billion, never an extra one.

One team lock contract released 1,399,814 VIRTUAL over the last 90 days — the only supply that reached the market. The unlock trackers all call this coin fully unlocked; the contract disagrees, and the contract wins. It holds 961,208 left, and every stream inside it finishes by Oct 24 2026, after which this row goes permanently to zero. Roughly 793,413 of that remainder has already finished vesting and is simply unclaimed.

The ecosystem treasury holds ~340.7M in a governance-controlled safe with no release calendar and a policy ceiling of 10% a year. It has not moved a single coin in over a year, at either end of this window or a year back. The remaining ~1.0M sitting undrawn in the team lock is tracked here too. No public evidence of release in window — monitored.

There is no bankruptcy estate, no trustee and no court-ordered distribution attached to this coin.

The well-known buyback-and-burn buys and destroys each AI agent's own token, not VIRTUAL. Agent trading fees are paid in VIRTUAL and split 70/30 between the agent creator and the protocol treasury, so VIRTUAL is the money being spent, never the asset being taken off the market. No accumulation wallet exists to hold bought-back coins.

The coin has no burn function at all, so the supply figure cannot fall. The unspendable addresses were read separately in case coins were sent there instead — they held 1,498 at both ends of the window on the issuing network, and moved by a tenth of a coin on the working network.

No project entity has disclosed or been observed making open-market purchases.

Holders can lock coins for up to two years for voting power, but the lock contracts shrank by 1,716,075 over the window rather than growing. Locked coins are counted as tradable anyway, so locking them removes nothing from the float.