Hyperliquid, Berachain, XDC Network, and Ethena Schedule Major Token Unlocks in Early February
Updated Token Unlocks data shows over $390 million worth of HYPE, BERA, XDC, ENA, KMNO, and W tokens set for release between February 2 and 8, potentially impacting short-term market liquidity.
Token Unlocks data indicates several major blockchain projects will release locked tokens in early February. Hyperliquid (HYPE) will unlock 9.92 million tokens worth $296.91 million on February 6, representing 2.79% of its supply. Berachain (BERA) will issue 63.75 million tokens valued at $29.47 million (41.7% of supply) on the same day. XDC Network (XDC) will unlock 841.18 million tokens worth $29 million (5% of its supply) on February 5. Ethena (ENA), Kamino (KMNO), and W will also conduct unlocks through February 8. These events may influence market liquidity and token price volatility.
- Token Unlock: A scheduled release of previously locked tokens, typically part of vesting schedules for teams, investors, or community incentives.
- Vesting Schedule: A structured timeline determining when project stakeholders can access or sell their allocated tokens.
- Market Liquidity: The ease with which assets can be traded in the market without causing significant price changes.