Upcoming Token Unlocks Overview
Cryptocurrency markets are set to experience significant token unlocks totaling $218 million between December 1 and December 8, according to data from Tokenomist. This period features both substantial cliff releases and ongoing linear distributions across various projects.
Ethena (ENA) and EigenLayer (EIGEN) are at the forefront of cliff releases, with each project unlocking over $5 million. The combined value of these single-event cliff unlocks amounts to $72.18 million. In parallel, linear daily distributions exceeding $1 million are expected from Solana, TRUMP, Worldcoin, Dogecoin, Aster, and Avalanche, collectively adding $145.88 million to the circulating supply.
Ethena Leads Token Unlocks with a $52.63 Million Release
Ethena is scheduled to execute the largest token unlock within the December 1 to December 8 timeframe. Tokenomist data indicates that the project will release 212.50 million ENA tokens, valued at $52.63 million. This distribution represents a 3.04% increase in the total supply entering circulation simultaneously.
This December unlock is part of Ethena's established vesting schedule implemented since the project's inception. Token distribution mechanisms commonly involve vesting portions for the team, early investors, development funds, and community rewards. The release of 212.50 million tokens constitutes one tranche within a multi-year vesting timeline.
While ENA's 3.04% supply impact is lower on a percentage basis compared to some other projects, the absolute dollar value of $52.63 million makes it the largest scheduled release for the week.
EigenLayer's Significant Cliff Unlock
EigenLayer has a planned release of 36.82 million tokens, valued at $19.55 million. This distribution accounts for 10.79% of the project's total supply. Projects with smaller circulating supplies often experience proportionally larger impacts from scheduled token releases.
The $19.55 million value positions EIGEN as the second-largest cliff unlock of the week. The 10.79% increase in supply will test the market's absorption capacity over a short period.
Linear Token Unlocks Total $145.88 Million Across Six Projects
Solana leads the linear unlocks with 489,210 SOL tokens worth $62.85 million over the seven-day period, making it the largest linear unlock by dollar value. The TRUMP token follows, with 4.89 million tokens valued at $28.32 million being released through gradual daily vesting. Worldcoin is third, adding 37.23 million tokens worth $21.76 million to the circulating supply within the week.
Dogecoin is set to increase its circulating supply by 95.97 million tokens, valued at $13.40 million. Aster has released 10.28 million tokens worth $10.35 million through its daily distributions. Avalanche concludes its linear unlocks with 700,000 tokens valued at $9.20 million. Collectively, these six projects contribute to a gradual supply expansion of $145.88 million.
Less Prominent Token Unlocks Indicate Advanced Vesting Progress
Data from CoinMarketCap highlights several projects that are nearing the completion of their vesting schedules. Adventure Gold (AGLD) has reached 95.06% unlock progress, with an upcoming release of 1.55 million tokens worth $419,425.85. This project is nearing full token distribution, marking the completion of its multi-year vesting timeline.
Orbler is at 93.80% completion, with an upcoming release of 31.01 million tokens valued at $2.08 million. This release represents 1.55% of the total locked amount, indicating a very small remaining vesting schedule. DTEC is at 74.35% completion, scheduling 9.24 million token unlocks worth $92,984.44, which constitutes 1.51% of the locked supply. ReadFi SRDF is at 74.59% completion, scheduling the release of 1.59 million tokens valued at $5,738.27.
Audiera is at an earlier vesting stage, with 14.00% completion. The project has scheduled the release of 21.25 million BEAT tokens worth $19.74 million, accounting for 2.12% of the total locked supply. The combined token unlocks for the period amount to $218 million, representing a notable weekly supply expansion.
The period from December 1 through December 8 focuses attention on major and minor project releases occurring simultaneously, while vesting schedules for many projects are set to continue well into 2026 and beyond.