According to data from TokenUnlocks, major projects including liquid staking platform Lido, blockchain Avalanche, and gaming guild Yield Guild Games will undergo significant token unlocks this week.
Key Unlocks Breakdown
Lido (LDO) Unlock
- Date: August 26
- Amount: 8.5 million LDO (~$14.2 million)
- Percentage of Supply: 0.97%
- Recipients: Allocated to project investors, who have previously received 300 million unlocked LDO tokens.
- Current Status: 99.12% of LDO is already unlocked.
👉 Learn how token unlocks impact market dynamics
Avalanche (AVAX) Unlock
- Date: August 26
- Amount: 9.54 million AVAX (~$102.86 million)
- Percentage of Supply: 2.77%
Allocation:
- Strategic partners: 2.25 million
- Avalanche Foundation: 1.67 million
- Team: 4.5 million
- Airdrop participants: 1.13 million
Yield Guild Games (YGG) Unlock
- Date: August 27
- Amount: 12.2 million YGG (~$2.87 million)
- Percentage of Supply: 6.6%
- Current Status: ~30% of total supply is unlocked.
Additional Projects with Unlocks This Week
- SPACE ID (ID)
- 1inch (1INCH)
- Acala (ACA)
Market Implications of Token Unlocks
Token unlocks increase liquidity and are often perceived as bearish, but their impact is nuanced. Research by The Tie analyzing 350,000+ unlock events found:
- Tokens typically decline before the unlock.
- If unlocked liquidity exceeds 100% of daily trading volume, prices rebound post-event before declining again within two weeks.
👉 Explore crypto investment strategies during unlock phases
FAQs
Why do token unlocks affect prices?
Unlocks increase circulating supply, potentially diluting value if demand doesn’t match the influx. However, strategic allocations (e.g., to long-term partners) may mitigate sell pressure.
How can investors track upcoming unlocks?
Platforms like TokenUnlocks provide real-time data on unlock schedules and allocations.
Are all token unlocks bearish?
Not always. Projects with strong fundamentals or locked tokens allocated to ecosystem growth (e.g., staking rewards) may see neutral or positive price action.