Notable Token Unlocks in April 2024
In April 2024, over 36 projects are scheduled to unlock tokens with a total value nearing $1.7 billion USD, involving prominent names like dYdX, Aptos, Starknet, Arbitrum, and Optimism.
Notable Token Unlocks in April 2024
Compiled data from Token Unlocks indicates that the cryptocurrency sector will witness token unlocks exceeding $1.7 billion USD in April. This includes 8 projects unlocking hundreds of millions of dollars worth of tokens.
Highlighted Token Unlocks
- April 1 - dYdX (DYDX): Unlocking 33.33 million tokens (11.35% of circulating supply), valued at $115 million USD.
- April 3 - Sui (SUI): Unlocking 65.13 million tokens (5.3% of circulating supply), valued at $125.7 million USD.
- April 12 - Aptos (APT): Unlocking 24.84 million tokens (6.26% of circulating supply), valued at $442.83 million USD.
- April 15 - Starknet (STRK): Unlocking 64 million tokens (8.79% of circulating supply), valued at $141.44 million USD.
- April 16 - Arbitrum (ARB): Unlocking 92.65 million tokens (3.49% of circulating supply), valued at $152.87 million USD.
- April 17 - Axie Infinity (AXS): Unlocking 10.87 million tokens (7.64% of circulating supply), valued at $119.35 million USD.
- April 19 - Immutable (IMX): Unlocking 10.87 million tokens (7.64% of circulating supply), valued at $100.86 million USD.
- April 29 - Optimism (OP): Unlocking 24.16 million tokens (2.4% of circulating supply), valued at $88.91 million USD.
Other Token Unlocks
- Additional projects unlocking tokens throughout April include Manta Network (MANTA), StepN (GMT), Akash Network (AKT), ZetaChain (ZETA), Tornado Cash (TORN), Acala (ACA), and Hooked Protocol (HOOK), among others.
The unlock events are anticipated to influence market dynamics significantly, with potential impacts on token prices and trading volumes.
Note: Token values and percentages are based on circulating supplies and current market conditions at the time of unlock.
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