Upcoming Token Unlocks: DYDX, OP, 1INCH, APT, APE
Date: 2023-11-30 Author: Dima Zakharov Categories: IN WORLD
DYDX Unlock: A Major Move
One of the most significant upcoming unlocks is by the decentralized exchange dYdX (DYDX), set to unlock 150 million tokens, accounting for 30% of tokens allocated to investors, founders, former, and future employees on December 1st, at midnight UTC. According to Acryptoinvest, these tokens are valued at $500 million at current prices.
The price of dYdX soared when it was announced on January 25th that the unlock, initially scheduled for February, would be postponed to December. Recently, the exchange suffered a $9 million hit to its insurance fund due to what its CEO termed a "targeted attack."
OP and 1INCH Unlocks: A Glimpse Ahead
Next week, significant token unlocks include Optimism (OP), unlocking 32.21 million tokens worth $58 million on November 29th. Similarly, 1inch (1INCH) is set to unlock 98.74 million tokens, valued at $34.5 million on December 1st, according to TokenUnlocks data.
Closing Unlocks: APT and APE
Towards December, Aptos (APT) will unlock 24.84 million tokens valued at $180 million USD at current prices on December 12th. Following that, ApeCoin (APE) will unlock 15.16 million tokens worth $25 million USD on December 16th, based on TokenUnlocks data.
Airdrops Announcement
Jupiter, a DEX aggregator on Solana, has announced today the launch of its application page for the upcoming airdrop, allowing users to verify their token distribution. The exchange also detailed alterations in distribution, considering bot activity and experienced users with multiple wallets.
