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A total of 17 tokens unlocks are scheduled during April, set to release over $330 million worth of tokens into circulation, according to data from Token Unlocks.
The largest unlock will occur on April 15 from BitDAO (BIT), unlocking 1.951% of its total supply — worth almost $1 billion. Over 13% of the total amount will come from three projects, set to unlock on April 27.
Largest 3 unlocks
BIT, APECoin ($APE), and Aptos ($APT) are the most significant three unlocks expected in April. BIT will release 187,500,000.32 tokens on April 15 — worth $96 million at the time of writing.
$APE will follow BIT as the second-largest unlock of the month, scheduled on April 17 — two days after BIT’s unlocking. $APE will release over 15 million tokens, accounting for 1.56% of the project’s total supply — worth over $66 million. $APT schedules the third most significant release of the month on April 12. The project will release 4.5 million tokens which equate to over $52 million at the time of writing.
The aggregate amount these three unlocks will release currently sits at $215,628,224 — accounting for 63.7% of the total amount expected to be released in April.
Other unlocks
The first and second projects to unlock in April are 1 inch (1INCH) and Galxe (GAL) on April 5. The projects will release 287, 142, and 416,666 tokens with a current total value of $147,589, and $725,000, respectively.
Tornado Cash ($TORN) is scheduled as the third unlock of the month, taking place on April 7 and releasing $1.1 million worth of $TORN tokens into circulation.
The following two unlocks — Moonbeam (GLMR) and DyDx ($DYDX) — are scheduled on April 11. GLMR will release 1.27% of its total supply, equating to $4.7 million at the time of writing. Meanwhile, $DYDX is expected to release over 6.5 million tokens worth over $15 million.
Euler (EUL), Sweat Economy (SWEAT), and NYM (NYM) scheduled their unlocks for April 12, April 13, and April 14, respectively. EUL’s unlock will release $420,022 worth of tokens, while SWEAT will unlock over 129 million tokens with a current value of $1.1 million. Releasing 1.25% of its total supply on April 14, NYM will add another $2.9 million worth of tokens to the market.
Axie Infinity (AXIE) is also set to release 1.9 million tokens on April 17 — accounting for 1.45% of the project’s total supply, worth $32.1 million at the time of writing. Immutable X ($IMX) and Acala (ACA) will follow AXIE’s unlock with their own on April 22, and April 25, respectively. $IMX is set to release over 12 million tokens, and ACA will unlock over 4 million tokens — worth $18.8 million and $447,240, respectively.
The final three unlocks of the month are scheduled on April 27 by Ronin ($RON), X2Y2 (X2Y2), and Yield Guild Games (YGG). $RON will unlock 4.15% of its total supply — equating to over $39.5 million. X2Y2 and YGG will release $690,700 and $4.2 million worth of tokens into circulation, respectively.