Notable Token Unlocking Periods in February 2024

According to Token Unlocks statistics, the cryptocurrency industry is poised to witness the release of over 870 million USD worth of unlocked tokens into the market next month. Notably, Avalanche (AVAX), Aptos (APT), The Sandbox (SAND), and dYdX (DYDX) stand out as the projects with the largest token unlocks in this round.

Key Unlock Dates

• February 1st – dYdX (DYDX) unlocks 33.33 million tokens (representing 10.53% of circulating supply), valued at 91 million USD.

• February 11th – Aptos (APT) unlocks 24.84 million tokens (comprising 7.37% of circulating supply), valued at 229 million USD.

• February 14th – The Sandbox (SAND) unlocks 205.59 million tokens (constituting 9.19% of circulating supply), valued at 93 million USD.

• February 22nd – Avalanche (AVAX) unlocks 9.54 million tokens (making up 2.6% of circulating supply), valued at 315 million USD.

Related:  AZC.News Crypto Weekly (29/01 – 04/02): Bitcoin Sideways, Altcoins in Bloodshed

Other Notable Unlock Dates

• February 1st – STEPN (GMT): 891,000 USD

• February 1st – yearn.finance (YFI): 1,240 USD

• February 1st – Akash Network (AKT): 233,500 USD

• February 1st – Tornado Cash (TORN): 157,670 USD

• February 1st – Acala (ACA): 2.24 million USD

• February 1st – Euler (EUL): 400,090 USD

• February 5th – Liquidity (LQTY): 834,840 USD

• February 5th – Galxe (GAL): 9.58 million USD

• February 7th – Hashflow (HFT): 4.41 million USD

• February 9th – GMX (GMX): 18,840 USD

• February 11th – Moonbeam (GLMR): 1.16 million USD

• February 14th – CyberConnect (CYBER): 16.9 million USD

• February 15th – Blur (BLUR): 1.34 million USD

• February 16th Flow (FLOW): 1.95 million USD

• February 17th – ApeCoin (APE): 21.53 million USD

• February 18th – Manta Network (MANTA): 24.07 million USD

• February 18th – Oasis Network (ROSE): 18.45 million USD

• February 19th – sudoswap (SUDO): 4,480 USD

• February 19th – Algorand (ALGO): 410,980 USD

• February 22nd – SPACE ID (ID): 5.25 million USD

• February 23rd – ImmutableX (IMX): 2.39 million USD

• February 27th – Yield Guild Games (YGG): 7.54 million USD

• February 28th – SingularityNET (AGIX): 2.41 million USD