Token Unlock Events to Watch in February 2024
There are 27 projects unlocking tokens in the second month of 2024, with a total value exceeding $870 million USD.
Notable Token Unlock Events in February 2024. Photo: eHow
According to Token Unlocks data, the cryptocurrency industry will witness over $870 million USD worth of tokens being released into the market next month. Among them, Avalanche (AVAX), Aptos (APT), The Sandbox (SAND), and dYdX (DYDX) are the projects with the largest token unlocks in this period.
Key Unlock Events:
- February 1st - dYdX (DYDX) unlocks 33.33 million tokens (10.53% of circulating supply), valued at $91 million USD.
- February 11th - Aptos (APT) unlocks 24.84 million tokens (7.37% of circulating supply), valued at $229 million USD.
- February 14th - The Sandbox (SAND) unlocks 205.59 million tokens (9.19% of circulating supply), valued at $93 million USD.
- February 22nd - Avalanche (AVAX) unlocks 9.54 million tokens (2.6% of circulating supply), valued at $315 million USD.
Other Unlock Events:
- February 1st - STEPN (GMT): $891,000 USD
- February 1st - yearn.finance (YFI): $1.24 million USD
- February 1st - Akash Network (AKT): $233,500 USD
- February 1st - Tornado Cash (TORN): $157,670 USD
- February 1st - Acala (ACA): $2.24 million USD
- February 1st - Euler (EUL): $400,090 USD
- February 5th - Liquidity (LQTY): $834,840 USD
- February 5th - Galxe (GAL): $9.58 million USD
- February 7th - Hashflow (HFT): $4.41 million USD
- February 9th - GMX (GMX): $18,840 USD
- February 11th - Moonbeam (GLMR): $1.16 million USD
- February 14th - CyberConnect (CYBER): $16.9 million USD
- February 15th - Blur (BLUR): $1.34 million USD
- February 16th - Flow (FLOW): $1.95 million USD
- February 17th - ApeCoin (APE): $21.53 million USD
- February 18th - Manta Network (MANTA): $24.07 million USD
- February 18th - Oasis Network (ROSE): $18.45 million USD
- February 19th - sudoswap (SUDO): $4,480 USD
- February 19th - Algorand (ALGO): $410,980 USD
- February 22nd - SPACE ID (ID): $5.25 million USD
- February 23rd - ImmutableX (IMX): $2.39 million USD
- February 27th - Yield Guild Games (YGG): $7.54 million USD
- February 28th - SingularityNET (AGIX): $2.41 million USD
