🌟 Points Program Season 4
Historical Season 4 emissions, exercise dates and strike price.
This page records Season 4 of The Vault's Points Program, including its announced emissions and exercise schedule.
Historical Season
This season's exercise window has ended. The figures below describe that season, not current rewards. Check the exercise page for availability and terms, and Earn Points for current earning opportunities.
On-Chain Points: A Game-Changer
Unlike traditional points systems, vPoints are SPL tokens, fully integrated on-chain for transparency and usability.
S4 Points Token CA: vpts3YVchXD2i6ivVEZLQ9Y1kzifTNpFoja7zfKr4eG
The contract address for S3 points is the same for S4.
Earning Points
During this season, points could be earned through the community, supported DeFi integrations and veV holdings (locked $V).
The announced emissions for this season were allocated as follows:
| Integration | Weekly emissions |
|---|---|
| Meteora-vSOL | 17,200 |
| VLP | 12,500 |
| VLP liquidity | 33,600 |
| Kamino-vSOL | 8,600 |
| Orca | 17,200 |
| Gamma | 875 |
| Weekly veV airdrops | 50,000 |
| Community emissions | 875 |
| Gauge usage | 50,000 |
| Direct staking | 50,000 |
| New projects | 9,150 |
The Earn Points page shows any claimable veV airdrops. The historical allocation below does not set the size of current airdrops.
Pools
You can find links to our Orca pools below:
- V-vSOL Orca: https://www.orca.so/pools/9NyGX7tKeTsN3HAcH8rjSoGUREfPY6Q5yxUA5N5qEmkh
- VLP-vSOL: https://www.orca.so/pools/9SxGiBP9TgbdUPzpTwFeC4m8aY5W4yStVBUYgMM4ZmHJ
Schedule
The calendars show the Season 4 options schedule for February (Figure 4.18), March (Figure 4.19), April (Figure 4.20) and May 2026 (Figure 4.21).
Figure 4.18: Options calendar for February 2026
Figure 4.19: Options calendar for March 2026
Figure 4.20: Options calendar for April 2026
Figure 4.21: Options calendar for May 2026
Season Details
The announced Season 4 exercise window ran from May 12 to May 26, 2026.
- Estimated vPTS4 emissions: 3,000,000
- Strike: 0.000720 vSOL
- Total $V available: 3,000,000 + remaining points from last season
- Exercise cost per $V: 0.000720 vSOL, plus applicable transaction fees. The spot price minus the strike price is the potential discount, not the exercise cost.
To learn more about options, see Introduction to $V Options.