18 notable token unlocks in March 2023

About $650 million will be unlocked this March, with the biggest rounds coming from HBAR, BIT and APE.

18 notable token unlocks in March 2023

According to statistics from Token Unlocks, 18 projects with about 650 million USD will be released this March. In which, up to 224 million USD (accounting for 34%) of 6 projects were released on the first day of the month (March 1), including:

  • Hedera (HBAR): 218 million USD
  • Euler (EUL): Unlock 201,600 USD per day
  • STEPN (GMT): Unlock $221,932 per day
  • Acala (ACA): 4.2 million USD
  • 1inch (1INCH): 37,128 USD
  • Galxe (GAL): 1.1 million USD
Token unlock projects in March. Source: Token Unlocks

3 biggest unlocks in March

  • 01/03/2023: 3 million HBAR – Hedera (approximately $218 million)
  • March 15, 2023: 187 million BIT – BitDAO (approximately $110 million)
  • March 17, 2023: 40 million APE – ApeCoin (approximately 205 million USD)

Other notable unlocking rounds

  • 03/03/2023: Nym (NYM) Unlock $1.3 million worth of tokens
  • March 8, 2023: Tornado Cash (TORN) Unlock 175,000 tokens worth $1.4 million
  • March 11, 2023: Moonbeam (GLMR) unlock $89,100 per day until reaching $4.27 million
  • 12/03/2023: Aptos (APT) freed 54.8 million USD
  • March 13, 2023: Sweat Economy (SWEAT) unlock 72,900 USD per day until reach 1.5 million USD
  • Mar 14, 2023: dYdX (DYDX) unlock 19.6 million USD
  • March 17, 2023: Stargate Finance (STG) unlock 576,923 USD per day
  • March 24, 2023: LookRare (LOOKS) unlock 2.3 million USD
  • Mar 25, 2023: Immutable X (IMX) unlock 19.2 million USD
  • March 27, 2023: Yield Guild Games (YGG) unlock 5.2 million USD.

Above are the notable token unlocking rounds in March. For a more specific look, readers can see more in TokenUnlocks.

Also according to the report from Token Unlocksestimate about 102 billion USD is not unlocked yet for many years to come.

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