Unlocks Activity in September 2024

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Aug 29, 2024 • 6 min read

Hello, TokenUnlock community! We’re excited to bring you the latest update on September 2024's unlocking activities. This month is packed with major unlocking events, with $SOL and $WLD taking the lead in terms of scale and impact. Be sure to check if any of your tokens are part of this month's unlocks, and stay informed to navigate the potential market effects.

Top 15 Unlock Value in September 2024

For September 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.

$SOL leads with the highest unlocked value this month, reaching $320.080 million, though this represents only 0.48% of its current circulating supply due to SOL's high market capitalization.
$WLD follows closely with an unlocked value of $250.479 million, which accounts for a significant 43.19% of its circulating supply.
$ZETA shows a significant unlock percentage at 16.97% of its circulating supply, with an unlock value of $30.458 million. This high percentage suggests a substantial increase in circulating supply, which could potentially impact ZETA's market dynamics. Investors in ZETA should be particularly 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 September 2024

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

$APT leads with the highest cliff unlocked value this month, reaching $71.930 million, which represents 2.34% of its current circulating supply.
$MODE stands out with the highest unlock percentage relative to circulating supply at 38.46%, despite a lower dollar value of $6.094 million.
$ID shows a significant unlock percentage of 18.23% of its circulating supply, with a value of $30.120 million.
$ZETA has a substantial unlock of 15.71% of its circulating supply, valued at $28.201 million.
$TAIKO features a notable unlock percentage of 19.02% of its circulating supply, with a value of $22.200 million.

All Cliff Unlocks in September 2024

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

$MODE has the highest unlock percentage, with 38.46% of its circulating supply being unlocked on September 6th, valued at $6.094 million.
$ID shows a significant unlock of 18.23% of its circulating supply on September 22nd, with a value of $30.120 million.
$ZETA has a notable unlock of 15.71% of its circulating supply on September 1st, valued at $28.201 million.
$TAIKO features an unlock of 19.02% of its circulating supply on September 5th, with a value of $22.200 million.
$LISTA shows an unlock of 10.73% of its circulating supply on September 20th, valued at $9.901 million.

Longer timeframe for cliff unlocked tokens in September 2024

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

$APT has substantial unlock values, ranking 1st by market value in September and maintaining this rank throughout the periods shown. It increased from 11.31 million tokens in September to 79.96 million by March 2025.
$ZETA shows significant unlocks, starting with 53.89 million tokens (15.71% of supply) in September, increasing to 215.54 million in the current quarter, and 357.94 million tokens by the end of March 2025, maintaining a high percentage of total supply throughout.
$MODE has a significant one-time unlock of 500 million tokens (38.46% of circulating supply, 5% of total supply) in September. Notably, this amount remains constant in subsequent periods, indicating no additional unlocks for MODE through March 2025. This suggests a major, one-off increase in circulating supply rather than ongoing emissions.
$ID has a notable unlock of 18.23% in September, continuing with high percentages in later quarters, reaching 15.50% of total supply by March 2025.

Cliff Unlock Value Comparison by Project

During this month, this quarter, and through the next quarter, sorted by unlocked value in September 2024, long-term investors should focus on tokens with high cliff unlock values.

$APT maintains the largest cliff unlock value across all periods, with significant increases from September through March 2025. It shows the most substantial growth in unlock value over time.
$SUI shows the second-highest unlock value in September and maintains significant values through March 2025, with notable increases each period.
$ARB demonstrates considerable growth in unlock value from September to March 2025, becoming one of the largest by the end of the period shown.
$OP displays substantial unlock values across all periods, with a marked increase from September to March 2025.
$IMX shows notable unlock values with a significant upward trend over the periods shown, indicating a large increase in circulating supply over time.

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

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

$SOL leads with the highest linear unlocked value this month, reaching $320.080 million, though this represents only 0.48% of its current circulating supply due to SOL's high market capitalization.
$WLD follows with a significant linear unlock value of $250.479 million, which accounts for 43.19% of its circulating supply, making it one of the largest unlocks in percentage terms.
$MC stands out with the highest unlock percentage, with 103.54% of its current circulating supply being unlocked, despite a lower dollar value of $24.236 million.
$NEON shows the second-highest unlock percentage, with 92.15% of its circulating supply being released, accounting for 5.32% of its total supply.

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 $WLD, $MC, and $NEON are particularly noteworthy this month due to their large unlock percentages, even though their absolute dollar values might not be the highest.

All Linear & New Issuance Unlocks in September 2024

The table below lists the upcoming linear and new issuance unlocks scheduled for September 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 is notable for its linear unlock size of 10.79% of circulating supply, though its relatively low market capitalization results in an unlocked value of only $0.261 million.

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

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

$NEON will have a significant unlock size, with 37.57% of its total supply set to be unlocked by March 2025, valued at $130.697 million at the current price.
$HOP faces a notable unlock with 5.55% of the total supply set to be unlocked by March 2025, though with a lower unlocked value of $1.169 million due to its smaller market capitalization.
$PORTAL shows a substantial unlock, with 22.39% of its total supply set to be unlocked by March 2025, valued at $64.731 million.

Linear & New Issuance Unlock Value Comparison by Project

for this month, this quarter, and until next quarter, sorted by unlocked value in September 2024. Long-term investors should focus on tokens with high unlock values.

When comparing unlocked values, projects with higher market capitalizations have a more significant impact than those with smaller market capitalizations. As shown in the chart above, most of the top 10 projects have relatively high market capitalizations.