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Apr 29, 05:30 PM
Over $300M Token Unlocks This Week Including $200M SUI Foundation, Daily $67.61M SOL and $7.35M $TRUMP; $1.5B Unlocks in May
Markets
DeFi
Blockchains
Crypto

Over $300M Token Unlocks This Week Including $200M SUI Foundation, Daily $67.61M SOL and $7.35M $TRUMP; $1.5B Unlocks in May

Authors
  • Cointelegraph
  • Coin Bureau
  • DefiLlama.com
4

DefiLlama and Cointelegraph have reported substantial token unlocks occurring this week and into May, with over $300 million worth of tokens unlocking in the current week and more than $1.5 billion scheduled for May. Notably, the SUI Foundation is set to unlock $200 million, representing the largest single unlock, while the $TRUMP token will see daily unlocks of approximately $7.35 million. Additional daily unlocks include $SOL at $67.61 million, $TRUMP at $49.33 million, and $WLD at $40.69 million. Other tokens now being tracked for emissions and unlocks on DefiLlama's dashboards include Axie Infinity's AXS, Flow Blockchain's FLOW, MoonwellDeFi's WELL, Orderly Network's ORDER, Polkadot's DOT, Redstone DeFi's RED, SaucerSwapLabs's SAUCE, Scallop.io's SCA, SonicLabs's S, Tezos's XTZ, TronDAO's TRX, and Zora's ZORA. DefiLlama has also expanded its token unlocks dashboard to provide a detailed calendar view by month, week, and day to better track these events. Additionally, DefiLlama is tracking various protocols and pools such as SOCKET Protocol, Movement Labs bridge, Yuzu Finance pools, and Eden Finance on RWA Asset Chain, which integrates yield-bearing stablecoins, decentralized lending, and AI risk management to enhance DeFi accessibility. The market is bracing for potential volatility due to these large unlocks.

Written with ChatGPT (GPT-4).

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