Upcoming Token Unlocks to Watch Out for in August 2023

Token Unlocks’ statistics reveal that the cryptocurrency industry is set to witness the release of over 403 million USD worth of tokens in August. Notably, The Sandbox (SAND), Avalanche (AVAX), and Aptos (APT) are the projects with the highest volume of unlock tokens during this period.

Notable unlocks:

• On August 1st, dYdX (DYDX) unlocks 6.52 million tokens, which accounts for 3.81% of its circulating supply. These tokens are worth $13.37 million.
• On August 12, Aptos (APT) and ImmutableX (IMX) unlocks 4.54 million and 18.08 million tokens, respectively. This amounts to 2.09% and 1.67% of their circulating supply, respectively. The tokens are worth $32.12 million and $14.58 million, respectively.
• On August 14, The Sandbox (SAND) unlocks a whopping 332.55 million tokens, which accounts for 17.19% of its circulating supply. These tokens are worth $142.61 million.
• On August 16, Flow (FLOW) unlocks 7.29 million tokens, which represents 0.7% of its circulating supply. These tokens are worth $4.23 million.
• On August 17, ApeCoin (APE) unlocks 15.6 million tokens, accounting for 4.23% of its circulating supply. These tokens are worth $31 million.
• On August 18, Oasis Network (ROSE) unlocks 171 million tokens, representing 3.4% of its circulating supply. These tokens are worth $8.51 million.
• On August 22, SPACE ID (ID) is set to unlock 15.15 million tokens, which is 5.3% of its circulating supply. These tokens are worth $3.73 million.
• Lastly, on August 26, both Lido Finance (LDO) and Avalanche (AVAX) will unlock 8.5 million and 9.54 million tokens, respectively. These tokens represent 0.97% and 2.76% of their circulating supply, respectively. These tokens are worth $16.41 million and $125.47 million, respectively.

Other unlocks:

• On August 1, STEPN (GMT) is valued at $543,000, Acala (ACA) at $1.87 million, and 1inch (1INCH) at $4,600.
• On August 2, Pendle (PENDLE) is valued at $47,970 and Euler (EUL) at $434,000.
• On August 3, Trader Joe (JOE) is valued at $22,670.
• On August 4, Nym (NYM) is valued at $622,000.
• On August 5, Liquity (LQTY) is valued at $736,230 and Tornado Cash (TORN) at $79,000.
• On August 7, Hashflow (HFT) is valued at $1 million.
• On August 9, Moonbeam (GLMR) is valued at $697,000 and GMX (GMX) at $22,670.
• On August 14, Curve DAO (CRV) is valued at $326,000.
• On August 27, Yield Guild Game (YGG) is valued at $2.3 million.
• On August 28, SingularityNET (AGIX) is valued at $2.2 million.