Token Lockup unlocking involves releasing Token that were previously locked under the terms of a fundraising. Projects carefully schedule these releases to avoid market pressure and prevent Token prices from falling.
However, factors such as lack of liquidation or investors taking profits early can have a significant impact on the asset's momentum. Here are eight notable Token Lockup unlocking projects this week.
Yield Guild Game
- Unlock Date: August 27
- Number of Token unlocked: 14.08 million YGG
- Current Circulating Supply: 380.83 Million YGG
Yield Guild Games (YGG) is a gaming community that operates on a play-to-earn model. The community brings together gamers from all over the world, allowing them to earn cryptocurrency rewards by participating in various blockchain games. YGG invests in Non-Fungible Token assets, such as in-game items and virtual land, that guild members can borrow and use in their gaming activities.
In a few days, Yield Guild Games (YGG) will unlock a significant portion of its Token . These Token will be distributed to the community, founders, investors, and treasury, fueling the growth of the guild and ecosystem.
SingularityNET (AGIX)
- Unlock Date: August 28
- Number of Token unlocked: 8.32 million AGIX
- Current Circulating Supply: 527.10 Million AGIX
SingularityNET is a decentralized blockchain platform designed to develop and host AI applications. The platform’s native Token , AGIX, is essential for transactions, governance, and rewarding node operators who maintain and grow the network. SingularityNET also supports chain chain functionality, allowing AGIX Token to operate on both the Cardano and Ethereum networks.
In August, an important event for AGIX Token holders will take place with the distribution of unlocked Token to participants of the AGIX rewards program - ADA. This initiative aims to encourage and reward community members who actively contribute to the development and growth of the platform.
Optimism (OP)
- Unlock Date: August 31
- Number of Token unlocked: 31.34 million OP
- Current Circulating Supply: 1.18 Billion OP
Optimism is a Layer-2 scaling solution designed to improve transaction speeds and reduce transaction costs on the Ethereum Primary Network . The OP Token plays an important Vai in governance, allowing holders to vote on proposals and decisions that shape the development and governance of the network.
On August 31, Optimism will increase its circulating supply to 31.34 million OP. According to TokenUnlocks, the project will distribute these Token to core contributors and investors.
Echelon Prime (PRIME)
- Unlock Date: August 31
- Number of Token unlocked: 750,000 PRIME
- Current Circulating Supply: 44.52 Million PRIME
Echelon Prime (PRIME) is the native Token of the Echelon Prime Foundation, focused on fostering the Web3 gaming ecosystem. The platform provides tools and resources for new gaming models and economies, with its first official adoption in the sci-fi card game Parallel.
On August 31, Echelon Prime will unlock 750,000 PRIME Token exclusively for Parallel Studios investors. This release is part of a larger Token distribution schedule that begins on July 31, 2023. These Token are part of a monthly release for investors that is expected to continue until July 2025.
DYDX (DYDX)
- Unlock Date: September 1
- Number of Token unlocked: 8.33 million DYDX
- Current Circulating Supply: 227.34 Million DYDX
In early 2023, DYDX, the largest decentralized Futures Contract protocol, announced changes to its initial tokenomics. According to the update, 27.7% of DYDX ’s total supply will go to early investors, 26.1% to the treasury, 15.3% to the team, and 7.0% to future DYDX employees and advisors.
On September 1, approximately 8.33 million DYDX Token will be unlocked. The majority of these Token will be distributed to investors and the project team, while a portion will be reserved for future employees.
Sui (Sui)
- Unlock Date: September 1
- Number of Token unlocked: 64.19 million Sui
- Current Circulating Supply: 2.59 Billion Sui
Sui is a high-performance Layer-1 blockchain that uses Proof-of- Stake consensus to enhance network operations and security. The project is developed by Mysten Labs, a company founded in 2021 by former Novi Research employees who created the Diem blockchain and the Move programming language.
The Sui Token facilitates governance, allowing Token holders to vote on important proposals and shape the future of the platform. The next unlock will take place on September 1, releasing a large portion of the Token reserved for Series A and B participants, the community reserve, and the Mysten Labs treasury.
ZetaChain (ZETA)
- Unlock Date: September 1
- Number of Token unlocked: 53.89 million ZETA
- Current Circulating Supply: 343.07 Million ZETA
ZetaChain is a decentralized blockchain platform that enables seamless interoperability across multiple blockchain networks. One of its key features is cross chain communication, which allows for the exchange of Token and data between different blockchains, such as Ethereum and Binance Smart Chain.
On September 1, it will unlock nearly 54 million ZETA Token . The newly issued Token will be allocated to a number of initiatives, including a user growth pool, ecosystem growth fund, support for core contributors, advisory Vai , and liquidation incentives.
Ethena (ENA)
- Unlock Date: September 1
- Number of Token unlocked: 14.89 million ENA
- Current Circulating Supply: 1.80 Billion ENA
Ethena is a synthetic currency protocol built on Ethereum. It provides a native cryptocurrency solution independent of traditional banking and also provides global users with a dollar savings instrument called “Internet Bonds”.
The ENA Token allows holders to vote on governance proposals. On September 1, the project will unlock nearly 15 million ENA dedicated to ecosystem development.
Other unlocks coming next week include Tornado Cash (TORN), Euler (EUL), 1INCH (1INCH), and Manta (MANTA), with a total value exceeding $179 million. While many view Token Lockup unlocks as pessimistic, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, drive community engagement, and foster ecosystem growth.
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