原文标题:August preview: Nearly $1 billion in unlocks planned for these token projects
Original author: Zack Abrams
Original source: theblock
Compiled by: Mars Finance, Daisy
August looks to be a big month for token unlocks, especially for Wormhole and Avalanche, which will unlock a total of nearly $450 million in tokens.
Here are all the important tokens coming to unlock next month.
Coming a few months after Wormhole’s April airdrop, the cross-chain project will unlock a third of its circulating supply this month: 600 million tokens, currently worth about $180 million. It’s far from the only project unlocking a large amount of tokens, though: ZetaChain will unlock nearly a fifth of its circulating supply, and several other projects are set to unlock tokens worth $50 million or more.
Here are all the significant token unlocks for the remainder of July and August, valued at $10 million or more at current prices, according to data from Token.Unlocks.
Optimism: July 31, $55 million
Ethereum layer 2 network Optimism will unlock 31.3 million tokens, or nearly 2.8% of its circulating supply, for core contributors and investors on July 31. The current value of those tokens is about $55 million. Optimism also supports layer 3 networks on its “superchain.”
dYdX: August 1, $11 million
Decentralized exchange dYdX will unlock 8.33 million tokens, worth nearly $11 million, or 3.65% of its circulating supply, on August 1. The tokens will be unlocked to three groups: investors, founders and employees, and future employees. The site was reportedly recently hacked and is in talks to sell some of its software.
Sui: August 1, $50 million
The Layer 1 network will unlock tokens this month alongside its competitor Aptos, unlocking 2.56% of its circulating supply: 64 million tokens, currently valued at around $50 million, on August 1. The network is about to celebrate 15 months of launch.
ZetaChain: August 1, $35 million
ZetaChain, a layer 1 chain that launched earlier this year with the goal of eventually integrating many different blockchains onto one platform after raising $27 million last year, will unlock 18.92% of its circulating supply on August 1. At current prices, the nearly 54 million tokens are worth about $35 million.
Wormhole: August 3, $180 million
Another important unlock is Wormhole, which will unlock 600 million tokens on August 3, equivalent to one-third of its circulating supply and worth more than $180 million at current prices. Wormhole is a communication bridge between Solana and other top DeFi projects with unicorn valuations. The project recently completed an airdrop of more than 670 million tokens in April.
ImmutableX: August 9, $49 million
Web3 gaming company ImmutableX will unlock 2.11% of its circulating supply, or 32.5 million tokens, currently valued at $49 million, on August 9. VanEck said in December that the release of Web3 games such as Illuvium could put ImmutableX among the top 25 tokens by market cap in 2024.
Aptos: August 12, $80 million
Aptos, one of two projects comprised largely of former members of Facebook’s Libra currency project (the other is Sui), will unlock an additional 2.41% of its circulating supply, or 11.31 million tokens, currently worth about $80 million, on August 12.
Sandbox: August 14, $69 million
Web3 gaming platform The Sandbox will unlock 9% of its circulating supply, or 205 million tokens, currently valued at approximately $69 million, on August 14. The platform raised $20 million in June, reaching a unicorn valuation of $1 billion.
StarkNet: August 15, $35 million
The Stark Network, an Ethereum layer 2 network that unveiled its 2024 roadmap in March with promises of increased throughput and lower transaction fees, will unlock 64 million tokens, or 4.4% of the token’s circulating supply, on August 15. Those tokens are currently worth about $35 million.
Arbitrum: August 16, 67 million USD
Arbitrum, which recently became the first Layer 2 network to reach $150 billion in total trading volume on Uniswap, will unlock 2.8% of its circulating supply on August 16th. Those 92.6 million tokens are currently worth approximately $67 million.
Avalanche: August 20,
Avalanche, the Layer 1 blockchain that recently lost its VP of Engineering, will unlock 2.42% of its circulating supply on August 20: 9.5 million tokens, currently valued at $268 million.
Other important unlocks
August 2: Galxe will unlock 4 million tokens, representing 3.5% of its circulating supply, currently valued at approximately $13 million.
August 17: ApeCoin will unlock 2.3% of its circulating supply, or 15.6 million tokens, currently valued at approximately $12 million.
August 18: Oasis Network will unlock 151 million tokens, representing 2.2% of its circulating supply, currently valued at approximately $13 million.
August 19: Pixels will unlock 54 million tokens, representing 7% of its circulating supply, currently valued at approximately $11 million.