Espresso 

ESP Price

What is the Espresso (ESP) token?

Espresso (ESP) is the token of the Espresso Network, a decentralized settlement and confirmation layer that gives rollups, appchains and sovereign chains fast, deterministic sub-second finality with shared sequencing. Espresso Systems launched the network's proof-of-stake model in February 2026, when ESP became the staking asset securing the chain. The project targets rollup builders and financial institutions, and DropsTab classifies ESP under Infrastructure.

How is the ESP token used?

ESP secures the Espresso Network through proof-of-stake staking. Validators stake ESP to participate in transaction confirmation and finality, and the network pays staking rewards in newly issued ESP. Because rewards are newly minted tokens, the Espresso Network has no fixed maximum supply, and total ESP expands as staking rewards are distributed.

Is ESP a coin or a token?

ESP is a token, not a native coin: DropsTab tracks ERC-20 contracts on Ethereum (0x031de51f3e8016514bd0963d0b2ab825a591db9a) and on Arbitrum One (0x3b8db18e69d6686ad9371a423afe3dd1065c94f1), both verifiable on Etherscan and Arbiscan. The Espresso Network itself runs as a separate proof-of-stake chain, and the tracked token carries the staking and settlement role within that network.

What is ESP tokenomics: total supply and allocation?

ESP has no fixed maximum supply, because the network issues new tokens as staking rewards. The allocation set at the February 12, 2026 token generation event splits across eight buckets: community airdrop 10%, Contributors 27.36%, Future Airdrops & Incentives 24.81%, Foundation Operations 15.00%, Investors 14.32%, Liquidity & Activations 4.50%, Staking Incentives 3.01% and Community Launchpad 1.00%.

How does ESP's vesting schedule affect sell pressure?

The single largest supply event ahead is the insider cliff. Contributor and Investor buckets carry a 12-month cliff followed by 36-month linear vesting, so the first major insider unlock falls around February 2027 and concentrates sell pressure in one window. Foundation Operations and the Future Airdrops & Incentives pool release linearly over 72 months. Staking incentive tokens unlock at 3, 12 and 24 months. Together with ongoing staking emissions, these schedules mean circulating ESP keeps expanding.

Who invested in Espresso Systems and how much was raised across its funding rounds?

Per DropsTab fundraising data, Espresso Systems raised $60M across two tracked rounds. The seed round on March 7, 2022 raised $32M, led by Greylock Partners and Electric Capital, with Sequoia Capital, Polychain Capital, Blockchain Capital, Coinbase Ventures and Paxos among the participants. The Series B on March 21, 2024 raised $28M, led by a16z crypto.

What was the ESP community launchpad?

Before the token generation event, Espresso ran a community launchpad sale that raised roughly $4M at an entry price near $0.11 per ESP, per The Defiant. Launchpad buyers accepted a two-year vesting schedule. The launchpad was the third and smallest way for outside buyers to acquire ESP ahead of public trading, after the two venture rounds and the airdrop.

How did the Espresso (ESP) airdrop work?

Espresso Systems opened the $ESP airdrop registration portal on December 22, 2025, letting users connect wallets and check eligibility ahead of the claim window. Claims opened at the token generation event, and the airdrop distributed the community allocation, 10% of supply, fully unlocked from the start to early ecosystem participants and users of Espresso-integrated rollups. An earlier Community Creator ambassador program, launched March 27, 2025, supported awareness. Both campaigns have ended.

Where is the ESP token available to trade?

ESP trades across more than 20 spot, futures and DEX markets, per DropsTab data. Spot liquidity is heavily CEX-weighted: Binance, Upbit, Kraken, Gate, KuCoin, MEXC, HTX and BingX run ESP books, with fiat on-ramps in US dollar, euro, Korean won and Turkish lira. Decentralized liquidity sits in Uniswap V4 pools on Ethereum and Arbitrum, and perpetual futures trade on Binance Futures, OKX, Gate, KuCoin and MEXC venues.