Parcl (PRCL), deBridge (DBR), Scroll (SCR), and three other major token unlocks are scheduled for April. Parcl will unlock 161.7 million PRCL on April 16, deBridge will unlock 1.11 billion DBR on April 17, and Scroll will release 40 million SCR on April 22.
This event could significantly impact each token's supply dynamics and short-term price movements. With large allocations planned for contributors, partners, and Airdrops, these unlocks are worth carefully monitoring.
Parcl (PRCL)
Unlock Date: April 16
Number of Tokens to be Unlocked: 161.7 million PRCL (16.2% of total supply)
Current Circulating Supply: 270.8 million PRCL
Total Supply: 1 billion PRCL
Parcl is a decentralized exchange that allows users to trade real estate price fluctuations without owning property. The ecosystem, consisting of Parcl, Parcl Labs, and Parcl Limited, manages the Parcl Protocol, which provides synthetic exposure to real-world real estate markets. Users can take long or short positions on real estate prices in various regions.
On April 16, 161.7 million PRCL tokens worth approximately $15.56 million will be unlocked. This could increase token supply and cause short-term market volatility.
The unlock includes 92.4 million tokens for initial supporters and advisors and 69.3 million tokens for core contributors. The PRCL price has fallen 33% over the past 30 days and has been trading below $0.1 since yesterday.
deBridge (DBR)
Unlock Date: April 17
Number of Tokens to be Unlocked: 1.11 billion DBR (11.1% of total supply)
Current Circulating Supply: 1.16 billion
Total Supply: 10 billion DBR
deBridge is a cross-chain protocol that enables users to transfer assets and data across various blockchains. It aims to simplify interoperability and make decentralized applications more connected and efficient.
On April 17, 1.11 billion BDR tokens worth approximately $32.19 million will be unlocked. This unlock will nearly double the current circulating supply, adding about 95% of tokens to the market.
The allocation includes 400 million for core contributors, 340 million for strategic partners, and 176.93 million for the ecosystem. The remainder is allocated to the community, foundation, and validators. Despite the upcoming unlock, deBridge has risen almost 38% last month and is approaching a market capitalization of $34 million.
Scroll (SCR)
Unlock Date: April 22
Number of Tokens to be Unlocked: 40 million SCR (4% of total supply)
Current Circulating Supply: 190 million
Total Supply: 1 billion SCR
Scroll is a Layer 2 solution built to improve Ethereum's scalability and efficiency. Using zkRollup technology, it reduces transaction costs and increases throughput, mitigating issues like high gas fees and congestion.
On April 22, 40 million SCR tokens worth approximately $11.52 million will be unlocked. This unlock could provide additional market liquidity and renew interest in Scroll. The price has fallen about 46% over the past 30 days, and market capitalization has decreased from its October 2024 peak of $265 million to $55 million.
All 40 million tokens are allocated to the Airdrop.
