PUMP faces $134.65 million token unlock on July 12, equal to 29.23% of float

Pump.fun, Aptos and RedStone are among the projects adding fresh token supply in the second week of July, with PUMP’s release the largest at 82.5 billion tokens.

APT

Summary

Pump.fun is set for a major token unlock on July 12, with 82.5 billion PUMP tokens due to enter the market in a release valued at about $134.65 million. The batch equals 29.23% of the released supply, making it the largest scheduled unlock among the projects highlighted for the second week of July. The allocation is set to send 50 billion tokens to the team and 32.5 billion to existing investors. Token unlocks are closely watched because they increase tradable supply and can affect liquidity, volatility and short-term price action. Aptos is also scheduled to unlock 11.31 million APT on July 12, worth about $7.15 million, or 0.66% of the released supply. Those tokens are earmarked for core contributors, the community, investors and the foundation. RedStone is due to release 40.85 million RED on July 6, valued at about $4.16 million and equal to 9.8% of the released supply, with allocations split among early backers, core contributors, the ecosystem and data providers, and protocol development. Linea, Babylon and Movement are also set to see fresh supply enter the market during the week.

Terms & Concepts
  • token unlock: Release of previously restricted tokens into the market, increasing the amount available for trading.
  • bonding curves: A pricing mechanism that adjusts a token’s price automatically based on buying and selling demand.
  • oracle protocol: A system that delivers external data, such as prices, to blockchain-based applications and smart contracts.