Token Unlock is a process where tokens that have been locked up for a certain period are released into the market. Unlock events can cause an increase in supply, expanded liquidity, and rising selling pressure, which can be a critical variable in token price volatility and market sentiment. Especially when the unlock ratio is high relative to market capitalization or a large number of tokens are released in a short period, the possibility of price adjustment increases, requiring proactive response. This article summarizes the token unlock schedule and details planned for this week for reference in investment decisions. [Editor's Note]
According to CryptoRank, a total of $706.47 million in token lockup will be released during the week from the 19th to the 25th. The largest amount is scheduled to be released on the 20th ($356 million) and 19th ($138.9 million).
Among tokens with a market cap over $100 million, Plume and Pyth Network are proceeding with token lockup release. Among newly listed domestic tokens, Polyhedra Network (ZKJ) is preparing for this month's lockup release.
Major Lockup Release by Date
May 19th ($138.9 million) NUM｜QI｜SAROS｜PIXEL｜ZKJ｜MERL｜KARRAT
May 20th ($356 million) PYTH｜HTM｜ODOS｜OBT｜MELANIA
May 21st ($53 million) PLUME｜EPT
May 22nd ($36.5 million) ID
May 23rd ($38.77 million) WELL
May 24th ($42.53 million) SOSO｜INIT｜ZND
May 25th ($40.77 million) ALT
In terms of amount, Pyth Network, SAROS, and Polyhedra Network are conducting the largest token lockup releases. PYTH's lockup release volume is equivalent to $308.35 million, which represents a significant portion of its market cap.
- Pyth Network (PYTH) $308.35 million
- SAROS $32.99 million
- Polyhedra Network (ZKJ) $31.92 million
- Plume Network (PLUME) $18.29 million
- Altlayer (ALT) $7.8 million
Tokens with high lockup release ratios relative to market cap include Pyth Network (PYTH), ZND, and PIXEL.
- Pyth Network (PYTH) 58.5%
- ZND (ZND) 12.5%
- PIXEL 11.6%
- Orbiter Finance (OBT) 11.3%
- SoSoValue 9.44%
Domestic New Listing Lockup Release Schedule
Polyhedra Network (ZKJ), listed on Coinone on the 14th, is expected to release 15.5 million ZKJ ($31.93 million), which corresponds to 5.03% of its market cap on the 19th.
Space and Time (SXT), listed on Bithumb on the 13th, plans to release 24.63 million SXT ($2.71 million), which corresponds to 1.75% of its market cap on the 8th of next month. On the same day, Kaito, listed on Coinone, plans to release 16.67 million KAITO ($30.18 million), which corresponds to 6.92% of its market cap on August 20th.
Nexspace (NXPC), listed on Bithumb on the 14th and on Coinone and Upbit on the 15th, is preparing to release 20.8 million NXPC ($4.2 million), which corresponds to 1.23% of its market cap on February 15th next year.
TGE Lockup Release Schedule
On the 15th, Hydro: The RWA DePIN Protocol (SUIRWAPIN) released 293.81 million tokens, corresponding to 26.5% of its total supply. On the 16th, Alaya AI (AGT) released 1.4 billion tokens, accounting for 28% of its supply. Stabble (STB) is scheduled to release 42.38 million tokens, corresponding to 8.5% of its total supply on the 22nd.
TGE (Token Generation Event) is the process by which a blockchain project officially issues tokens. Some of the generated volume is locked up for a certain period, and the first release schedule is the TGE lockup release. This includes initial investor, team, and ecosystem allocations.
VC Lockup Release Schedule
VC (Venture Capital) lockup release is a process where tokens held by early investors can be liquidated in the market, providing opportunities for the project's long-term growth and investor profit realization, but can also generate selling pressure. Particularly, the higher the VC return multiple (current price compared to initial purchase price), the greater the possibility of selling, which can expand price volatility.
[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]
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