EigenLayer: 36.83 Million EIGEN Unlocked, 6.2% of Circulating Supply
EigenLayer is a restaking protocol built on Ethereum, enabling users to re-stake their already-staked ETH into EigenLayer smart contracts to extend crypto-economic security to other applications. This week, EigenLayer unlocks 36.83 million EIGEN tokens, valued at approximately $8.25 million based on current prices, representing 6.2% of its circulating supply. This unlock could exert short-term downward pressure on EIGEN’s price, especially as its restaking ecosystem is still in early expansion.
Falcon Finance: 100 Million Tokens Unlocked, Worth ~$6.79 Million
Falcon Finance is a decentralized general collateral infrastructure that supports minting synthetic assets and generating yields. This unlock totals 100 million tokens, worth about $6.79 million. As a relatively new protocol in the synthetic asset sector, the large release may raise concerns about token liquidity and price support.
Kamino: 230 Million Kamino Tokens Unlocked, ~$4.59 Million
Kamino, incubated by Hubble Protocol, is an automated liquidity solution based on the Concentrated Liquidity Market Maker (CLMM) mechanism, designed to help liquidity providers improve capital efficiency. This week, 230 million tokens are unlocked, valued at approximately $4.59 million. While the unlock size is considerable, Kamino’s role as a liquidity aggregator on the Solana ecosystem may help absorb some selling pressure.
In total, the three projects unlock over 360 million tokens worth roughly $19.63 million. Such token unlocks typically increase market supply in the short term, potentially putting downward pressure on token prices. Investors should closely monitor project developments, staking rates, and secondary market trading volumes around the unlock dates.
