IMX
Unlock date: November 29
Amount of tokens unlocked: 24.52 million IMX
Current circulating supply: 1.67 billion IMX
Immutable, a Layer 2 solution for scaling NFTs on Ethereum, raised $12.5 million in just one hour during the IMX token sale on CoinList in September 2021. By March 2022, the project secured $60 million in its initial investment round, followed by an additional $200 million from investors such as ParaFi Capital, Declaration Partners, and Tencent Holdings.
On November 29, Immutable will release 24.52 million new IMX tokens into circulation. These tokens will support development and growth of the project within the larger Immutable ecosystem.
Unlocking IMX. Source: Tokenomist
OP
Unlock date: November 30
Amount of tokens unlocked: 31.34 million OP
Current circulating supply: 1.25 billion OP
Optimism, a Layer 2 scaling solution, helps enhance transaction speed and reduce costs on the Ethereum mainnet. Its OP token is crucial for governance, allowing holders to vote on proposals and influence the development and management of the network.
On November 30, Optimism will release 31.34 million OP tokens into circulation. Tokenomist (formerly known as TokenUnlocks) reports that core contributors and investors will receive these tokens.
OP Unlock. Source: Tokenomist
1INCH
Unlock date: November 30
Amount of tokens unlocked: 98.74 million 1INCH
Current circulating supply: 1.27 billion 1INCH
1inch is a decentralized exchange aggregation tool that pools liquidity from various DEXs to provide users with the best trading rates. It streamlines transactions by identifying the most efficient trading routes, minimizing slippage and reducing fees.
On November 30, 1inch will unlock nearly 100 million 1INCH tokens. These tokens are allocated to developers, early investors, and venture capital funds.
Unlocking 1INCH. Source: Tokenomist
SUI
Unlock date: December 1
Amount of tokens unlocked: 64.19 million SUI
Current circulating supply: 2.84 billion SUI
Sui is a high-performance Layer 1 blockchain designed to enhance the operation and security of the network using a Proof-of-Stake consensus mechanism. Developed by Mysten Labs, the project was established in 2021 by former Novi Research employees, who were instrumental in creating the Diem blockchain and the Move programming language.
The SUI token supports governance, allowing holders to vote on key proposals and influence the direction of the platform. On December 1, the next token unlock will release a significant portion of tokens allocated to Series A and B participants, community reserves, and the Mysten Labs treasury.
SUI Unlock. Source: Tokenomist
ZetaChain (ZETA)
Unlock date: December 1
Amount of tokens unlocked: 53.89 million ZETA
Current circulating supply: 517.85 million ZETA
ZetaChain is a decentralized blockchain platform designed to enable seamless interoperability between different blockchain networks. The platform's standout feature enables cross-chain communication, allowing the exchange of tokens and data across blockchains such as Ethereum and Binance Smart Chain.
On December 1, ZetaChain will release nearly 54 million ZETA tokens. These tokens will support various initiatives, including user growth, ecosystem growth funds, rewards for core contributors, advisory roles, and liquidity incentives.
Unlocking ZETA. Source: Tokenomist
The large token unlock next week will also include Cardano (ADA), Ethena (ENA), dYdX (DYDX), and several smaller rounds with a combined total value exceeding $540 million.