- Token unlocks value exceeds $549 million across cliff and linear releases within a 7-day period.
- BIO, REZ, and KMNO show the highest cliff unlock percentages, reaching up to 19.84% of the circulating supply.
- SOL, WLD, and DOGE lead the linear unlocks, with daily releases valued above $20 million each.
In the final week of May, major cryptocurrencies are scheduled to undergo substantial unlock events, releasing over $549 million worth of tokens. According to a post by WuBlockchain, these events include both cliff and linear unlocks, introducing significant changes to token circulation levels. With unlock values exceeding $5 million per project, the period from May 25 to June 1 presents notable shifts across multiple blockchain ecosystems.
Cliff Token Unlocks: Significant Portions Set to Enter Circulation
Several major projects have scheduled cliff unlocks, introducing large token volumes into their respective markets. Cliff unlocks release tokens all at once rather than over time, impacting liquidity quickly.
SUI will unlock 44 million tokens worth $157.94 million, which equals 1.32% of its circulating supply. BIO follows with the highest cliff percentage, releasing 339.08 million tokens worth $29.39 million, covering 19.84% of its supply. OP plans to unlock 31.34 million tokens valued at $23.18 million, accounting for 2.02% of supply. KMNO is set to release 229.17 million tokens worth $15.12 million, representing 11.58%.
ZETA’s unlock includes 44.26 million tokens valued at $11.32 million, totaling 5.34% of its supply. ALT will release 240.10 million tokens worth $7.58 million, covering 6.83% of its current circulation. Additional cliff unlocks include VENOM with 29.26 million tokens worth $6.06 million (2.51%) and REZ releasing 423.70 million tokens worth $5.88 million (15.82%). DYDX concludes the cliff list with 8.33 million tokens worth $5.06 million, equating to 1.07% of supply.
Linear Token Unlocks: Gradual Releases Continue Across Multiple Projects
Linear unlocks spread token distribution over time, though many scheduled releases exceed $1 million daily in value. SOL leads with a 465,770 token unlock worth $81.30 million, equal to 0.09% of circulating supply. WLD will release 37.23 million tokens worth $52.49 million, comprising 2.69% of supply. TAO is releasing 50,400 tokens valued at $21.90 million (0.59%), while DOGE will unlock 96.52 million tokens worth $21.30 million (0.06%).
TIA will distribute 6.96 million tokens worth $17.75 million, or 1.10% of its supply. AVAX will do 700,000 token unlocks valued at $16.30 million (0.17%). SUI also features in linear unlocks, releasing 3.35 million tokens worth $12 million (0.10%). MORPHO and ETHFI will release $10.43 million and $10.41 million in value, respectively.
DOT, IP, NEAR, JTO, and FIL will unlock between $7 million and $10 million in tokens each. The combined unlocks between May 25 and June 1 total more than $549 million. These events increase market liquidity and expand circulating supply across multiple projects. Each token unlocks introduces potential pricing and volume changes across the affected assets.
