Altlayer, Optimism, Sui and other projects will see large amounts of tokens unlocked in the next seven days, worth approximately US$187 million

According to Token Unlocks, a total of approximately $187 million worth of cryptocurrencies will be unlocked over the next seven days across several cryptocurrency projects including Altlayer, Optimism, Ethena, and Sui.

The projects that will be unlocked in the past two days are Polkadot parachain Acala ($ACA), Rollup-as-a-service protocol Altlayer ($ALT), LSD revenue aggregation protocol Pendle Finance ($PENDLE), and transaction aggregation protocol 1inch ($1INCH).

Source: Token Unlocks

Altlayer will unlock approximately 105 million ALT tokens on Tuesday (25th) Taiwan time, worth nearly $19.88 million at current prices, accounting for 6.92% of the circulating supply. Altlayer still has 8.48 billion ALTs locked, accounting for nearly 85% of the total supply.

ALT token lock status, source: Token Unlocks

Ethereum Layer 2 network Optimism will unlock approximately 31.34 million DYDX tokens on Sunday, worth nearly $56.1 million and accounting for 2.88% of the circulating supply. Optimism still has 2.23 billion OPs in TBD lock status (tokens whose unlock time has not yet been determined), accounting for 51.97% of the total supply.

OP token lock status, source: Token Unlocks

Decentralized stablecoin protocol Ethena will unlock approximately 14.89 million ENA tokens on Sunday, worth nearly $8.96 million, or 0.87% of the circulating supply. The proportion of Ethena tokens in locked, pending locked and unlocked status to the total supply is 56.39%, 35.26% and 8.35% respectively.

ENA token lock status, source: Token Unlocks

Layer 1 blockchain Sui will unlock approximately 64.19 million SUI tokens next Monday, worth approximately $57.15 million, accounting for 2.65% of the circulating supply. The proportions of Sui's locked, pending locked and unlocked tokens in the total supply are 23.58%, 52.17% and 24.25% respectively.

SUI token lock status, source: Token Unlocks

This article Altlayer, Optimism, Sui and other projects will usher in large-scale token unlocking in the next seven days, worth approximately US$187 million. First appeared on Zombit.