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The decentralized finance (DeFi) sector is poised for substantial token unlocks exceeding $642 million in the upcoming week, according to Tokenomist. Notable tokens involved include Sui (SUI), Optimism (OP), and Ethena (ENA), with unlock amounts of $179.33 million for SUI, $23.36 million for OP, and $32.62 million for ENA. Additionally, there will be daily releases for other tokens such as Dogecoin (DOGE), Solana (SOL), and Avalanche (AVAX). Specifically, $151 million of SUI, representing 2.03% of its supply, is set to unlock on April 1, raising concerns about potential selling pressure and its impact on the token's price.
Cheers, @Grayscale! Beyond excited to have $SYRUP included in your Top 20 high conviction assets. If one thing's for certain, it's that we will never stop building the future of institutional DeFi and asset management onchain. https://t.co/dOeoM2AALf
.@maplefinance $SYRUP is a decentralized finance (DeFi) protocol at the intersection of institutional lending and tokenized assets/RWAs. Learn more about the tokenization of real world assets (RWAs): https://t.co/zE6OgaZNF2 https://t.co/H3PNeallL3 https://t.co/GyKQiOxMEi
We are getting closer to hit our 10B total supply target from the initial 20B max supply! Only teams with strong fundamentals, and long-term players with high conviction are able to continuously deliver since 2018. #SRK #HiddenGem 💎 https://t.co/PhsAWfZs2n