Token unlocks refer to the release of previously restricted tokens as per fundraising agreements. Projects strategically schedule these unlocks to minimize market pressure and prevent token price volatility.
However, factors like low liquidity or early investor sell-offs can significantly influence token dynamics. Below are eight major token unlocks scheduled for the upcoming week.
Yield Guild Games (YGG)
- Unlock Date: August 27
- Tokens Unlocked: 14.08 million YGG
- Current Circulating Supply: 380.83 million YGG
Yield Guild Games (YGG) is a decentralized gaming community operating on a play-to-earn model. It connects gamers globally, allowing them to earn crypto rewards by engaging in blockchain-based games. YGG invests in NFT assets, such as in-game items and virtual land, which guild members can borrow for gaming.
The upcoming unlock will distribute tokens to the community, founders, investors, and the treasury, supporting ecosystem growth.
👉 Discover the best play-to-earn gaming tokens
SingularityNET (AGIX)
- Unlock Date: August 28
- Tokens Unlocked: 8.32 million AGIX
- Current Circulating Supply: 527.10 million AGIX
SingularityNET is a decentralized AI platform enabling developers to create and host AI applications. Its native token, AGIX, facilitates transactions, governance, and node operations. The platform supports cross-chain functionality, allowing AGIX to operate on Ethereum and Cardano networks.
The unlocked tokens will reward participants in the AGIX-ADA staking program, incentivizing community contributions.
Optimism (OP)
- Unlock Date: August 31
- Tokens Unlocked: 31.34 million OP
- Current Circulating Supply: 1.18 billion OP
Optimism is a Layer-2 scaling solution for Ethereum, enhancing transaction speed and reducing costs. The OP token is central to governance, enabling holders to vote on network proposals.
The unlocked tokens will be allocated to core contributors and investors.
👉 Layer-2 solutions revolutionizing Ethereum
Echelon Prime (PRIME)
- Unlock Date: August 31
- Tokens Unlocked: 750,000 PRIME
- Current Circulating Supply: 44.52 million PRIME
Echelon Prime focuses on advancing Web3 gaming ecosystems. Its PRIME token powers Parallel, a sci-fi trading card game.
The unlock is part of a monthly vesting schedule for Parallel Studios investors, continuing until July 2025.
dYdX (DYDX)
- Unlock Date: September 1
- Tokens Unlocked: 8.33 million DYDX
- Current Circulating Supply: 227.34 million DYDX
dYdX is a leading decentralized perpetual futures trading platform. The unlocked tokens will be distributed among investors, the team, and future employees.
Sui (SUI)
- Unlock Date: September 1
- Tokens Unlocked: 64.19 million SUI
- Current Circulating Supply: 2.59 billion SUI
Sui is a high-performance Layer-1 blockchain using Proof-of-Stake consensus. The SUI token enables governance, with unlocks supporting Series A/B participants and ecosystem development.
ZetaChain (ZETA)
- Unlock Date: September 1
- Tokens Unlocked: 53.89 million ZETA
- Current Circulating Supply: 343.07 million ZETA
ZetaChain facilitates cross-chain interoperability, enabling seamless token and data transfers between blockchains like Ethereum and Binance Smart Chain.
Ethena (ENA)
- Unlock Date: September 1
- Tokens Unlocked: 14.89 million ENA
- Current Circulating Supply: 1.80 billion ENA
Ethena is a synthetic dollar protocol offering a decentralized savings instrument. The ENA token supports governance, with unlocks funding ecosystem development.
FAQs
Q: Why do token unlocks impact prices?
A: Unlocks increase circulating supply, potentially causing sell pressure if demand doesn’t match.
Q: Are all token unlocks bearish?
A: Not necessarily. Well-planned unlocks aligned with milestones can boost long-term growth.
Q: How can investors track token unlocks?
A: Platforms like TokenUnlocks provide real-time vesting schedules.
Disclaimer: This content is for informational purposes only. Always conduct independent research and consult a financial advisor before making investment decisions.