Unlocks Activity in October 2024

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Oct 1, 2024 • 6 min read

Get ready – October 2024 is shaping up to be a significant month for token unlocks. Celestia ($TIA) is releasing 91.94% of its circulating supply, and Solana ($SOL) is unlocking over $364 million worth of tokens. But that’s just part of the story – this month features some major unlocks that could influence the market in the long run. Our latest unlock report covers all the key details you need to stay ahead. Dive in, and make sure you're prepared.

Top 15 Unlock Value in October 2024

For October 2024, we'll examine the aggregate token unlocks, encompassing both cliff and linear releases. The following visualization presents the unlocked value for the leading 15 projects, highlighting how these unlocks compare to each project's circulating and total token supply.

TIA leads with the highest unlocked value this month, reaching $1,060.082 million, which represents a substantial 82.60% of its circulating supply and 16.49% of its total supply.
SOL follows with an unlocked value of $364.261 million, though this represents only 0.49% of its circulating supply due to SOL's high market capitalization.
TAO shows the third-highest unlock value at $170.473 million, accounting for 4.31% of its circulating supply and 1.51% of its total supply.

TIA's unlock is particularly noteworthy, given the extremely high percentage of its circulating supply being unlocked (82.60%). This significant increase in circulating supply could potentially have a major impact on TIA's market dynamics. Investors in TIA should be especially attentive to this unlock event, as it may lead to increased selling pressure or volatility in the short term.

Top 15 Cliff Unlocks by Value in October 2024

Let's review the top 15 projects with the highest cliff unlock values scheduled for October 2024.

$TIA leads with the highest cliff unlocked value this month, reaching $1 billion, which represents a substantial 81.94% of its current circulating supply.
$SUI follows with an unlocked value of $108.5 million, though this represents only 2.40% of its circulating supply.
$APT has the third-highest unlock value at $91.3 million, accounting for 2.25% of its circulating supply.
$ZETA shows a significant unlock percentage at 13.43% of its circulating supply, with an unlock value of $40.3 million.
$NEON features a notable unlock percentage of more than 90% of its circulating supply, with a value of $18.9 million.

All Cliff Unlocks in October 2024

The table below shows all the upcoming cliff unlocks scheduled for October 2024, sorted by date.

$TIA has the highest unlock value, with 81.94% of its circulating supply being unlocked on October 30th, valued at $1.05 billion.
$NEON shows a significant unlock of 93.43% of its circulating supply on October 7th, with a value of $18.9 million.
$MODE features a notable unlock of 38.46% of its circulating supply on October 7th, valued at $6.6 million.
$ZETA has an unlock of 13.43% of its circulating supply on October 1st, valued at $40.3 million.
$TAIKO shows an unlock of 15.70% of its circulating supply on October 14th, with a value of $23.4 million.
$MAV has an unlock of 9.56% of its circulating supply on October 1st, valued at $8.7 million.
$PIXEL features an unlock of 7.05% of its circulating supply on October 19th, with a value of $8.9 million.
$AXS shows an unlock of 6.14% of its circulating supply on October 14th, valued at $50.1 million.

Longer timeframe for cliff unlocked tokens in October 2024

Thinking about long-term investment? It’s crucial to consider the longer timeframe for token unlocks.

$TIA has the most significant unlock, with 175.56 million tokens (91.94% of circulating supply, 16.36% of total supply) unlocked in October. This amount remains constant through March 2025, indicating a major one-time increase in circulating supply.
$ZETA shows significant unlocks, starting with 53.89 million tokens (13.43% of circulating supply) in October, increasing to 191.66 million in the current quarter, and 304.06 million tokens by March 2025, representing 14.48% of total supply.
$NEON has significant unlocks of 53.91 million tokens (93.43% of circulating supply, 5.39% of total supply) in October. This amount increases to 161.73 million tokens (16.17% of total supply) by December 2024 and 323.45 million (32.35% of total supply) by March 2025, indicating ongoing substantial increases in circulating supply.
$MODE has a notable unlock of 500 million tokens (38.46% of circulating supply, 5% of total supply) in October. This amount remains constant through March 2025, suggesting a one-off increase in circulating supply rather than ongoing emissions.

These long-term unlock schedules, particularly for tokens like TIA, SUI, ZETA, and NEON, could have significant impacts on their market dynamics over time. Investors should consider these ongoing supply changes when making long-term investment decisions.

Top 15 Linear & New Issuance Unlocks by Value in October 2024

Let's see the 15 projects with the highest linear unlocks in October 2024.

$SOL leads with the highest linear unlocked value this month, reaching $364.261 million, though this represents only 0.49% of its current circulating supply due to SOL's high market capitalization.
$TAO follows with a significant linear unlock value of $170.473 million, which accounts for 4.31% of its circulating supply and 1.51% of its total supply.
$AVAX has the third-highest linear unlock value at $91.016 million, representing 0.76% of its circulating supply and 0.69% of its total supply.
$MC stands out with the highest unlock percentage, with 120.18% of its current circulating supply being unlocked, despite a lower dollar value of $31.569 million.

Investors should pay close attention to tokens with high unlock percentages relative to their circulating supply, as these could potentially impact market dynamics more significantly. The cases of $MC, $BEAM, $SEI, and $TAO are particularly noteworthy this month due to their larger unlock percentages, even though their absolute dollar values might not be the highest.

All Linear & New Issuance Unlocks in October 2024

The table below lists the upcoming linear and new issuance unlocks scheduled for October 2024, sorted alphabetically by each token's symbol.

In addition to the top projects with the highest linear unlock values, several other projects stand out due to their significant unlock sizes:

$HOP shows a significant linear unlock of 10.79% of its circulating supply, though its relatively low market capitalization results in an unlocked value of only $0.126 million.
$PORTAL has a substantial unlock of 18.44% of its circulating supply, representing 3.08% of its total supply and valued at $10.606 million.

Longer timeframe for linear & new issuance unlocked tokens in October 2024

The table below illustrates the extended timeframe for linear and new issuance unlocks across various projects.

$MC shows a significant unlock trajectory, starting with 118.63% of its circulating supply and 1.96% of total supply in October 2024, increasing to 3.21% of total supply by December 2024, and reaching 4.77% by March 2025.
$BEAM demonstrates a notable unlock progression, starting at 3.51% of total supply in October, rising to 6.02% by December, and reaching 13.76% by March 2025.
$AXL shows a substantial increase in unlocked tokens, from 2.27% of total supply in October to 10.05% by March 2025.
$MEME also has a significant unlock schedule, starting at 2.22% of total supply in October and reaching 13.05% by March 2025.
$HOP continues to have a notable unlock percentage, with 0.81% of total supply unlocked in October, increasing to 2.41% by December, and reaching 4.77% by March 2025.
$MYRIA shows a substantial unlock progression, from 2.15% of total supply in October to 12.52% by March 2025.
$TIA, while having a smaller percentage unlock, shows a consistent increase from 0.13% of total supply in October to 14.18% by March 2025, representing a significant value due to its high market cap.