Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices. However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset's dynamics.
Yield Guild Games (YGG) will unlock 14.08 million YGG tokens on August 27, distributing these among the community, founders, investors, and the treasury. This aims to fuel the guild’s growth and ecosystem development.
SingularityNET (AGIX) will unlock 8.32 million AGIX tokens on August 28. These tokens will be distributed to participants in the AGIX-ADA rewards program, incentivizing community engagement in the platform’s growth.
Optimism (OP) will increase its circulating supply by 31.34 million OP tokens on August 31, to be distributed among core contributors and investors.
Echelon Prime (PRIME) aims to unlock 750,000 PRIME tokens on August 31 for investors in Parallel Studios. This follows a token vesting schedule that continues until July 2025.
dYdX (DYDX) will release 8.33 million DYDX tokens on September 1. The tokens will be allocated to investors, the project team, and future employees.
Sui (SUI) plans to unlock 64.19 million SUI tokens on September 1, designated for Series A and B participants, community reserves, and the Mysten Labs treasury.
ZetaChain (ZETA) will unlock nearly 54 million ZETA tokens on September 1, allocated for ecosystem growth, core contributors, advisory roles, and liquidity incentives.
Ethena (ENA) will unlock almost 15 million ENA tokens on September 1, dedicated to ecosystem development. Other next-week cliff unlocks include Tornado Cash (TORN), Euler (EUL), 1inch (1INCH), and Manta (MANTA), totaling over $179 million in value.
Although many consider token unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability, motivating team members, boosting community engagement, and promoting ecosystem growth.
