• Sui (SUI) will unlock the largest amount in August, releasing $210.41 million worth of tokens into circulation.

  • Ethena (ENA), Aptos (APT), and LayerZero (ZRO) will collectively add over $148 million in new token supply.

  • Arbitrum (ARB) completes the top five with a scheduled $37.67 million unlock, contributing to the month’s total $2.5 billion release.

A fresh wave of token unlocks is set to impact the crypto market this August, with five major projects preparing to release a combined $2.5 billion worth of tokens into circulation, according to CryptoRank. These unlocks, some accounting for up to 30% of a token’s total supply, are closely tracked due to their potential influence on liquidity, volatility, and investor sentiment. 

https://twitter.com/CryptoRank_io/status/1951016683306623471

The scheduled releases span across projects including Sui (SUI), Ethena (ENA), Aptos (APT), LayerZero (ZRO), and Arbitrum (ARB), each with distinct timelines and value implications. The distribution, whether allocated to core teams, early investors, or community initiatives, remains a critical factor in assessing short-term market behavior.

Sui Leads With $210.41 Token Unlock

Sui is positioned to conduct the largest unlock this month, valued at approximately $210.41 million. The upcoming event will see a substantial portion of its token supply enter circulation. Notably, this release represents a significant percentage of SUI’s current market cap. The unlocked tokens will be distributed across various categories, including early contributors, staking rewards, and community incentives. This unlock could influence liquidity dynamics, especially as the volume released accounts for a sizeable chunk of total supply.

Ethena, Aptos, and LayerZero Follow With Over $148M Combined

Trailing behind Sui, Ethena is expected to unlock $55.32 million worth of ENA tokens. This will be followed closely by Aptos, with a scheduled unlock totaling $49.75 million. Both releases will contribute heavily to token availability, especially as the market observes their allocation breakdowns. LayerZero, listed fourth in line, plans to release $43.81 million in ZRO tokens. The timing and allocation details of these tokens may affect their price stability, particularly as liquidity increases and market participants respond to the new supply.

Arbitrum to Unlock $37.67M Amid Rising Circulation

Rounding out the top five, Arbitrum will unlock $37.67 million worth of ARB tokens in August. Though relatively smaller compared to Sui and Aptos, this unlock still marks a meaningful supply increase. The newly released tokens are expected to expand circulating supply and may influence short-term trading patterns. When paired with broader unlock activity, Arbitrum’s scheduled release aligns with a trend of growing token liquidity across prominent blockchain ecosystems this month.

All five unlocks together mark a pivotal phase for their respective tokens as they adjust circulating supply through predefined schedules. Each unlock event remains distinct in value and proportion but contributes collectively to a larger trend in August’s tokenomics.