This week marks a significant event in the crypto space as 13 projects prepare for large-scale token unlocks totaling over $380 million. These unlocks could impact market liquidity and token valuations. Below is the detailed schedule:
Key Token Unlock Events
May 27–28 Unlocks
NYM (Nym):
- Unlock Time: May 27, 8:00 UTC
- Amount: 25 million tokens (3.26% of circulating supply)
- Value: ~$4.05 million
YGG (Yield Guild Games):
- Unlock Time: May 27, 22:00 UTC
- Amount: 16.69 million tokens (4.49% of circulating supply)
- Value: ~$16.94 million
AGIX (SingularityNET):
- Unlock Time: May 28, 8:00 UTC
- Amount: 8.71 million tokens (0.68% of circulating supply)
- Value: ~$8.14 million
May 31 Unlocks
PRIME (Echelon Prime):
- Unlock Time: May 31, 8:00 UTC
- Amount: 1.66 million tokens (4.23% of circulating supply)
- Value: ~$31.66 million
OP (Optimism):
- Unlock Time: May 31, 8:00 UTC
- Amount: 31.34 million tokens (2.88% of circulating supply)
- Value: ~$79.61 million
TORN (Tornado Cash):
- Unlock Time: May 31, 11:30 UTC
- Amount: 92,000 tokens (2.41% of circulating supply)
- Value: ~$240,000
June 1–2 Unlocks
MANTA (Manta Network):
- Unlock Time: June 1, 7:59 UTC
- Amount: 1.87 million tokens (0.74% of circulating supply)
- Value: ~$3.19 million
1INCH (1inch Network):
- Unlock Time: June 1, 8:00 UTC
- Amount: 98.74 million tokens (8.52% of circulating supply)
- Value: ~$41.32 million
DYDX (dYdX):
- Unlock Time: June 1, 8:00 UTC
- Amount: 33.33 million tokens (11.91% of circulating supply)
- Value: ~$67 million
SUI (Sui Network):
- Unlock Time: June 1, 8:00 UTC
- Amount: 65.08 million tokens (2.78% of circulating supply)
- Value: ~$68.07 million
ZETA (ZetaChain):
- Unlock Time: June 1, 8:00 UTC
- Amount: 5.29 million tokens (1.99% of circulating supply)
- Value: ~$7.99 million
ACA (Acala):
- Unlock Time: June 1, 15:00 UTC
- Amount: 27.43 million tokens (2.85% of circulating supply)
- Value: ~$2.77 million
ENA (Ethena):
- Unlock Time: June 2, 7:00 UTC
- Amount: 53.6 million tokens (3.62% of circulating supply)
- Value: ~$49.33 million
Market Implications
Token unlocks often lead to increased selling pressure if recipients liquidate their holdings. Investors should monitor:
- Circulating Supply Inflation: Higher supply without demand can dilute token value.
- Project Fundamentals: Strong utility or staking incentives may mitigate sell-offs.
👉 Track real-time token unlock data here
FAQ Section
1. What is a token unlock?
Token unlocks refer to the release of previously locked tokens (e.g., team allocations, investor holdings) into the circulating supply according to a project’s vesting schedule.
2. How do unlocks affect token prices?
Unlocks can cause short-term price dips due to increased supply. However, long-term impact depends on project adoption and lock-up mechanisms.
3. Which project has the largest unlock this week?
Optimism (OP) leads with ~$79.6 million in tokens unlocking (May 31).
4. Should I sell before a token unlock?
Evaluate the project’s use case and market conditions. Historical data shows some tokens rebound post-unlock if demand absorbs the new supply.
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Key Takeaways
- Total Unlock Value: $380+ million across 13 projects.
- Critical Dates: May 31 (OP, PRIME) and June 1 (SUI, DYDX).
- Actionable Insight: Watch trading volumes post-unlock for sentiment shifts.
Disclaimer: This content is for informational purposes only. Conduct independent research before making investment decisions.