Crypto tokens worth $3.3B to be unlocked in June, drops 32% (MoM)

Crypto vesting tracker Tokenomist reports that approximately $3.3 billion worth of tokens are scheduled to be unlocked in June—marking a 32% drop from the $4.9 billion unlocked in May.

The upcoming unlocks stem from the end of vesting periods for a range of high-profile crypto projects. These tokens, previously locked to prevent early investor sell-offs, will now enter circulation.

Projects typically lock tokens for team members, early investors, or ecosystem incentives to maintain price stability and build long-term confidence. When these vesting periods end, the tokens are either released all at once—known as a cliff unlock—or gradually emitted through a linear unlock.

According to Tokenomist, $1.4 billion will be released through cliff unlocks, while $1.9 billion will enter circulation via linear unlocks.

Major token unlocks to watch in June

One of the most notable events is from Metars Genesis (MRS), an NFT project set to unlock $193 million worth of tokens on June 21 to fund a partnership focused on artificial intelligence. Since March, MRS has released 10 million tokens monthly, with nearly $1 billion in total unlocked so far.

Another significant unlock involves Sui (SUI), which will release 44 million tokens worth around $160 million on June 1. These tokens are earmarked for the Mysten Labs treasury, early contributors, and the community reserve. Notably, Series B investors will receive the largest portion, valued at over $70 million.

To date, Sui has unlocked 3.3 billion tokens valued above $12 billion, representing about 33% of its total supply. Another 5.22 billion tokens, worth an estimated $20 billion, have yet to be assigned a release date.

Other key projects unlocking in June

Several other major crypto projects have vesting periods ending in June:

• Fasttoken (FTN): Will unlock 20 million tokens worth $88 million for its founding team.
• LayerZero (ZRO): Set to release 25 million tokens worth $71 million to core contributors and strategic partners.
• Aptos (APT): Scheduled to unlock 11.31 million tokens worth $61 million for core contributors, the foundation, community, and investors.
• ZKsync (ZK): Will release over 760 million tokens valued at $49 million, distributed among team members and investors.
• Arbitrum (ARB) also has unlocks planned, contributing to the influx of new tokens.

These scheduled unlocks—while down from May—still represent a significant influx of supply into the market, with potential implications for token prices, investor sentiment, and project ecosystems. As June unfolds, market watchers will be paying close attention to how these newly released assets are absorbed—and whether teams and investors choose to hold, stake, or sell. With billions in value entering circulation, June is shaping up to be a critical month for token economics and project momentum across the crypto world.