Upcoming Token Unlocks in October

In the coming weeks of ‘Uptober,’ several prominent cryptocurrency projects are scheduled to unlock substantial portions of their token supply. Most significant among them is Celestia (TIA), with a planned unlock worth over $1 billion at current prices.

Overview of Significant Unlocks

Here’s an overview of all the unlocks worth $10 million or more scheduled for the month of October, according to Token Unlocks data.

Sui: October 1 – $115.6 million

Sui (SUI), a Layer 1 blockchain platform, is set to unlock tokens worth approximately $115.55 million on October 1, representing about 2.40% of its circulating supply.

ZetaChain: October 1 – $38.6 million

ZetaChain (ZETA) will unlock tokens valued at around $38.59 million on October 1, making up 13.43% of its circulating supply, one of the larger percentage unlocks scheduled.

ImmutableX: October 4 – $58.8 million

ImmutableX (IMX), a scaling solution for NFTs on Ethereum, will unlock tokens worth approximately $58.78 million on October 4, which is about 2.02% of its circulating supply.

Aptos: October 11 – $92.2 million

Aptos (APT) is set to unlock tokens worth approximately $92.17 million on October 11, making it 2.25% of its circulating supply. Known for ties to Facebook’s former Libra project, Aptos remains a key player.

Taiko: October 14 – $23.4 million

Taiko (TAIKO), an Ethereum-equivalent rollup, will unlock 12 million tokens worth about $23.40 million on October 14, which constitutes 15.70% of its circulating supply.

Axie Infinity: October 14 – $50.4 million

Axie Infinity (AXS), a popular blockchain game, will unlock tokens worth $50.43 million on October 14, accounting for 6.14% of its circulating supply.

StarkNet: October 15 – $30.6 million

StarkNet (STRK), an Ethereum Layer 2 scaling solution, will unlock tokens valued at around $30.60 million on October 15, representing 3.60% of its circulating supply.

Arbitrum: October 16 – $60.1 million

Arbitrum (ARB), another Ethereum Layer 2 scaling solution, will unlock tokens valued at about $60.14 million on October 16, constituting 2.56% of its circulating supply.

ApeCoin: October 17 – $13.0 million

ApeCoin (APE), associated with the Bored Ape Yacht Club ecosystem, is set to unlock tokens worth about $13.04 million on October 17, making up 2.31% of its circulating supply.

Celestia: October 30 – $1.1 billion

Celestia plans to unlock 175.56 million TIA tokens on October 30 at 1:59 pm UTC, amounting to about $1.05 billion at current prices, representing 81.94% of its circulating supply. This unlock will initiate a daily emission of 998,580 tokens for the next year, equating to nearly $6 million in daily value.

The Celestia Foundation recently raised $100 million in a round led by Bain Capital Crypto.