Crypto markets are bracing for $3.3 billion in token unlocks this June as vesting schedules for several major projects expire, according to crypto vesting tracker Tokenomist. That marks a 32% drop from May’s total of $4.9 billion.
These unlocks represent digital assets entering circulation, often from allocations made to early investors, team members, and community treasuries. The tokens are typically locked initially to prevent premature selling and market disruption.
June’s breakdown includes $1.4 billion in cliff unlocks, where large batches are released all at once, and $1.9 billion in linear unlocks, which distribute tokens gradually.
Major Unlocks to Watch
One of the biggest unlocks will come from Metars Genesis (MRS), an NFT project planning to release $193 million in tokens on June 21 to support an AI partnership. Since March, MRS has already unlocked nearly $1 billion.
Sui (SUI) will unlock 44 million tokens worth about $160 million on June 1, with major portions going to the Mysten Labs treasury, Series B investors, and early contributors. Sui has already unlocked 3.3 billion tokens worth over $12 billion, around 33% of its total supply, with another 5.22 billion tokens still unscheduled.
Other Projects Unlocking Tokens
- Fasttoken (FTN): 20 million tokens worth $88 million to founders
- LayerZero (ZRO): 25 million tokens worth $71 million to contributors and partners
- Aptos (APT): 11.31 million tokens worth $61 million across various stakeholders
- ZKsync (ZK): Over 760 million tokens worth $49 million to team members and investors
- Arbitrum (ARB): Scheduled unlock in June (value not disclosed)
While the volume of unlocks has decreased compared to last month, the sheer value still entering the market could impact price action across these tokens. Investors and traders are watching closely as WWDC, macroeconomic updates, and token supply shocks shape market sentiment.
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