The release of locked tokens and commonly referred to as a token unlocks which is one of the most influential events in the lifecycle of a crypto project. These scheduled releases affect circulating supply, investor sentiment and liquidity flows across the market. In 2025, several notable Web3 networks are now hitting important milestones in their vesting schedules which also includes EigenLayer (EIGEN), dYdX (DYDX), Plume (PLUME), Sui (SUI) and Movement (MOVE).
After examining their unlock plans and recent events where we can better understand how these projects are handling supply emissions and how investors should approach them and what ripple effects they may create for their wider ecosystem.
When a project launches not all tokens are immediately released into circulation instead many are locked and distributed gradually to developers, backers, early adopters and community programs through structured vesting. This prevents early dumping, aligns long term incentives and gives the network time to mature.
Unlock Tokens are important for several reasons:
They reward contributors and investors for their early commitment,
They smoothen market impact by spacing out supply instead of releasing it all at once,
They influence market behaviour as new supply can weigh on prices if demand is week, and
They decentralize governance by spreading token ownership across a wider base.
For traders and long term holders alike the unlock calendars often serve as a signal for volatility which also presents both risks and opportunities.
EigenLayer the pioneer of Ethereum staking has one of the most talked about token releases where the first major unlock took place on September 30th, 2024 when 86 million tokens were distributed in the form of a stakedrop to early adopters.
Total Supply: 1.6 billion token
Unlocked so far: About 120 million
Market debut: Launched with a $6.88 which is fully diluted valuation
Distribution Plan: Initial airdrops followed by scheduled monthly releases
Around over $10 billion in total value locked (TVL), EigenLayer has quickly become a dominant force in Ethereum’s security market, however it brings added trading activity and speculative pressure. The investors are watching closely to EIGEN transitions from early hype to long term price discovery.
Allocations:
Investors: 29.5%
Early contributors: 25.5%
Future community initiatives: 4.1%
Future community initiatives (TBD): 10.9%
Stakedrops: 11.9%
Stakedrops (TBD): 3.1%
R&D and ecosystem development: 15.0%
dYdX is one of the largest decentralized derivatives platforms which follows a carefully staged vesting program where a key unlock is scheduled for December 1, 2024 and when 8.34million DYDX tokens will be released.
Unlocked to date: Over 660m DYDX which is already more than half of the total supply
Recipients: Team members, investors where the community treasury, and liquidity providers,
Vesting horizon: Unlocks continue until June 2026
The steady release of DYDX ensures that governance power gradually moves into the hands of a broader community, still each monthly release can trigger market swings particularly as institutional backers or insiders evaluate whether to hold or take profits.
Total Unlock Progress
Total Locked: 5.52%
TBD Locked: 22.77%
Unlocked: 71.71%
Untracked: 0.00%
Token Allocations
Community Treasury and Rewards Treasury: 8.5%
Community Treasury and Rewards Treasury (TBD): 22.8%
Investors: 27.7%
Team: 15.3%
Trading Rewards: 9.3%
Future Employees: 7.0%
Retroactive Mining Rewards: 5.0%
Liquidity Provider Rewards: 3.3%
Liquidity Module: 0.6%
Safety Module: 0.5%
Plume Network is building its presence as a next generation Layer-1 and its tokenomics reflect a strong emphasis on sustainability by which the project has adopted a seven year linear vesting plan with unlocks carefully spread out across multiple categories.
Next Major Unlock: October 1, 2025 which is around 100.94 million PLUME that represents 3.33% of circulating supply,
Current unlocked: 30.5% of the supply
Allocations
Community: 39%
Backers: 21%
Core Contributors: 20%
Foundation: 13%
Airdrop: 7%
The total half of Plume’s allocation is released over the first three years while the remaining half unlocks for the next four years. This is basically designed for early supporters without flooding the market and gives the network breathing room to expand its adoption curve.
Standard Allocations
Ecosystem: 46.0%
Investors: 21.0%
Core Contributors: 20.0%
Foundation Treasury: 13.0%
Sui is a high performance Layer-1 token which was created by Mysten Labs and as of now it is heading into one of the most significant unlock cycles in the market.
Recent unlock: 44 million SUI tokens
Unlocked to Date: About 34.5% of total tokens
Planned Releases: By December 2025 over 1.2 billion of SUI tokens are going to be released which are valued at more than $720 million at projected prices.
Recipients: Investors, core team, community reserves and ecosystem programs.
These unlocks are spreading across both cliff and linear schedules and will make Sui one of the most widely distributed tokens among new generation Layer-1 scales. However the sheer scale of new supply poses risks of heightened volatility unless it is matched by robust demand from developers and users.
Total Unlock Progress
Total Locked: 12.51%
TBD Locked: 52.17%
Unlocked: 35.68%
Untracked: NA
Standard Allocations
Allocation Released After 2030 (TBD): 52.2%
Community Reserve: 10.6%
Stoke Subsidies: 9.5%
Series A: 7.1%
Series B: 7.0%
Early Contributors: 6.1%
Community Access Program: 5.8%
Master Labs Treasury: 1.6%
Movement Network is steadily releasing its MOVE token in sync with its ecosystem’s progress.
Latest Unlock: On September 9,2025 around 50 million tokens worth of $6 million entered circulation,
Unlocked to Date: 2.71billions MOVE tokens which is equals to 27.1% of supply,
Future Unlocks: Another 112 million tokens are scheduled with their linear vesting which is extending through 2029.
Allocations
Community/Ecosystem: 40%
Backers: 22.5%
Contributors: 17.5%
Foundation: 8%
Initial Claims: 10%
HODLers: 2%
As token supply grows their short term selling pressure has now emerges with specially during active trading periods. On the flip side the network is rolling out upgrades and ecosystem partnerships which could counterbalance unlock driven dips with stronger adoption.
The token unlocks are more than just supply events but they are windows into a project’s growth, governance model and market resilience. The upcoming schedules for EigenLayer, dYdX, Plume, Sui and Movement illustrate how diverse their vesting strategies can shape both short term volatility and long term volatility.
As such for investors, builders and analysts the key lies in balancing the caution with opportunity which monitors the unlock calendars by understanding token allocation and aligning trades and holding with the fundamentals health of the protocol. As these projects move through 2025 their unlock milestones will play a decisive role in shaping not just token prices but also the broader Web3 narratives.
Vaibhav Tripathi is a dedicated crypto writer with a sharp focus on blockchain technology, digital assets, and the evolving world of decentralized finance. With a deep understanding of the crypto ecosystem, Vaibhav excels at translating intricate blockchain concepts into clear, concise, and engaging content. His coverage spans a wide range of topics — from Bitcoin and altcoins to Web3, NFTs, and DeFi protocols — making his work valuable to both new entrants and experienced investors. Vaibhav actively tracks market trends, technological breakthroughs, and regulatory updates to provide timely and insightful analysis. He believes in the transformative power of blockchain to reshape traditional financial systems and drive global innovation.