Token Unlock
A scheduled event when previously locked tokens become transferable, increasing circulating supply.
In-Depth Explanation
Unlocks release tokens from vesting schedules to team members, investors, or other stakeholders. Large unlocks can create sell pressure as recipients take profits. Tracking unlock calendars is essential for understanding supply dynamics—a token might look cheap until you realize 50% of supply unlocks next month.
Related Terms
Vesting
A schedule that gradually releases tokens to recipients over time, preventing immediate selling.
Circulating Supply
The number of tokens currently available and trading in the market, excluding locked, vested, or reserved tokens.
Fully Diluted Valuation
FDVThe theoretical market cap if all tokens (including locked, unvested, and unissued) were in circulation.
More in Tokenomics
View all →Emissions
New tokens distributed by a protocol as incentives, typically to liquidity providers or users.
Liquidity Mining
Earning token rewards by providing liquidity to a DeFi protocol.
Token Buyback
When a protocol uses revenue to purchase its own token from the open market, reducing circulating supply.
Dividend
Direct distribution of protocol revenue to tokenholders, typically in ETH, stablecoins, or the protocol's native token.