DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services (The Block) https://t.co/X05SCHkroR https://t.co/dDK9S7RnEb https://t.co/ZOzeer2dpR
TOP 7 TOKEN UNLOCKS COMING NEXT WEEK Over $116 million worth of tokens are set to be unlocked in the upcoming week, with Aptos ($APT) leading the list. Aptos tops the chart at $49.95M, followed by JTO, MOCA, and IMX, all of which could see price movement from increased supply. https://t.co/YrYxLU0MT4
Top 7 Token Unlocks of the Upcoming Week $APT - $49.95M $JTO - $21.78M $MOCA - $16.56M $IMX - $10.21M $MOVE - $7.65M $XTER - $5.61M $NEON - $4.99M https://t.co/gQfkoi2wUj https://t.co/jdTJOQiaJV
Roughly $160 million worth of previously locked crypto tokens are scheduled to enter circulation in the week beginning 8 July, according to data compiled by blockchain analytics platform DeFi Llama. The release could add selling pressure in a market that has already faced heightened volatility in recent months. Layer-1 network Aptos accounts for the largest single tranche, with about $49.95 million of its APT tokens set to unlock. Solana-based liquid-staking protocol Jito will follow with $21.78 million in JTO, while web-3 gaming project Mocaverse plans to release $16.56 million in MOCA and Ethereum scaling platform Immutable will free $10.21 million in IMX. Smaller unlocks are due from Move ($7.65 million), Xterio ($5.61 million) and Neon ($4.99 million). Token unlocks typically stem from vesting agreements with early investors, team members and ecosystem incentives. The sudden increase in circulating supply can weigh on token prices if demand fails to keep pace, although some projects use market-making arrangements or staking programs to mitigate immediate selling. The looming supply influx comes as on-chain activity remains robust. DeFi Llama data show stablecoin issuer Tether generated more than $20 million in protocol fees over the 24-hour period to 6 July, ranking first among all blockchain applications. Across the sector, monthly fees climbed to $577 million in June, up from an April low of $366 million, suggesting sustained user engagement even as new supply pressures build.