🎆 Points Program Season 5
Historical Season 5 emissions, exercise dates and strike price.
This page records Season 5 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.
S5 Points Token CA: vpts3YVchXD2i6ivVEZLQ9Y1kzifTNpFoja7zfKr4eG
The contract address for S3 points is the same for S4 and S5.
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 | Percentage |
|---|---|---|
| Meteora-vSOL | 15,000 | 6% |
| VLP | 12,500 | 5% |
| Kamino-vSOL | 8,125 | 3.25% |
| Orca vSOL-V | 15,000 | 6% |
| Orca VLP-vSOL | 32,500 | 13% |
| Weekly veV airdrops | 50,000 | 20% |
| Community emissions | 875 | 0.35% |
| Gauge usage | 50,000 | 20% |
| Direct staking | 50,000 | 20% |
| Gamma | 875 | 0.35% |
| Yield Bay | 6,250 | 2.5% |
| New projects | 8,875 | 3.55% |
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 5 options schedule for July (Figure 4.15), August (Figure 4.16) and September 2026 (Figure 4.17).
Figure 4.15: Options calendar for July 2026
Figure 4.16: Options calendar for August 2026
Figure 4.17: Options calendar for September 2026
Season Details
vPTS5 holders had an exercise window for minting $V from August 31st, 2026 to September 14th, 2026.
- Current program announcements: The Vault Discord.
- Estimated vPTS5 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.
Numbers may vary slightly due to partnerships.
To learn more about options, see Introduction to $V Options.