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Notable Token Unlock Events in October 2023 Rachel

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Web3 Station

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Notable Token Unlock Events in October 2023 Rachel

October 2023 will witness the unlocking of tokens from 30 projects, totaling nearly USD 175 million, similar to the previous month.

Notable Token Unlock Events in October 2023. Image: Investopedia

According to Token Unlocks statistics, the crypto industry in October is set to see over USD 174 million worth of tokens unlocked. Among them, Axie Infinity (AXS), Aptos (APT), and Optimism (OP) are projects with the largest token vesting volumes in this batch.

Key unlock events include:

  • October 3rd - Sui (SUI) unlocks 34.62 million tokens (4.02% of circulating supply), valued at USD 17.33 million.
  • October 7th - ImmutableX (IMX) unlocks 18.08 million tokens (1.55% of circulating supply), valued at USD 11.06 million.
  • October 12th - Aptos (APT) unlocks 4.54 million tokens (1.92% of circulating supply), valued at USD 26.03 million.
  • October 17th - ApeCoin (APE) unlocks 15.6 million tokens (4.23% of circulating supply), valued at USD 19.81 million.
  • October 20th - Axie Infinity (AXS) unlocks 14.76 million tokens (11.23% of circulating supply), valued at USD 72 million.
  • October 30th - Optimism (OP) unlocks 24.16 million tokens (3.03% of circulating supply), valued at USD 34.31 million.

Other unlock dates:

  • October 1st - STEPN (GMT): USD 390,630; Acala (ACA): USD 1.36 million; 1inch (1INCH): USD 3,870.
  • October 3rd - JOE (JOE): USD 12,740, dYdX (DYDX): USD 4.4 million.
  • October 4th - Pendle (PENDLE): USD 42,490; Tornado Cash (TORN): USD 71,500.
  • October 5th - Liquity (LQTY): USD 549,590; 1inch (1INCH): USD 80,510; Galxe (GAL): USD 550,000.
  • October 6th - Nym (NYM): USD 1.42 million.
  • October 7th - Hashflow (HFT): USD 1.14 million.
  • October 8th - Moonbeam (GLMR): USD 712,630.
  • October 9th - X2Y2 (X2Y2): USD 152,150; GMX (GMX): USD 17,170.
  • October 12th - Euler (EUL): USD 413,230.
  • October 13th - NEAR Protocol (NEAR): USD 189,900; Sweat Economy (SWEAT): USD 2.21 million.
  • October 15th - CyberConnect (CYBER): USD 6.81 million.
  • October 16th - Flow (FLOW): USD 3.43 million.
  • October 22nd - SPACE ID (ID): USD 3.99 million.
  • October 23rd - Cartesi (CTSI): USD 2.94 million.
  • October 24th - Lybra (LBR): USD 12,590.
  • October 25th - Acala (ACA): USD 230,840.
  • October 27th - Ronin (RON): USD 154,310.
  • October 28th - SingularityNET (AGIX): USD 1.88 million.

Overall, the total unlock value for October is comparable to the previous month but significantly lower compared to earlier periods. September saw 16 projects vesting, with a total value exceeding USD 175.8 million, while August had over twice that amount at USD 403 million released into the market.

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