The crypto market will welcome tokens worth $1.11 billion in early October 2026. Major projects, including Hyperliquid (HYPE), Ethena (ENA), and Aptos (APT), will release significant new token supplies.
These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
1. Hyperliquid (HYPE)
- Unlock Date: October 6
- Number of Tokens to be Unlocked: 3.75 million HYPE
- Released Supply: 474.83 million HYPE
- Total Supply: 1 billion HYPE
Hyperliquid is a leading decentralized perpetual futures exchange built on its own Layer-1 blockchain. It offers high-performance trading with low latency, on-chain order books, and sub-second transaction finality.
On October 6, the team will unlock 3.75 million HYPE worth $340 million. The tokens account for 1.69% of the released supply.
The team previously announced that the unlocked supply is going to one institutional buyer.
2. Ethena (ENA)
- Unlock Date: October 5
- Number of Tokens to be Unlocked: 171.88 million ENA
- Released Supply: 9.15 billion ENA
- Total Supply: 15 billion ENA
Ethena is a synthetic dollar protocol built on Ethereum (ETH). The protocol’s flagship product is USDe, a synthetic dollar stablecoin. Furthermore, ENA is the protocol’s governance token.
The team will release 171.88 million ENA tokens on October 5. The tokens, worth $41.52 million, account for 1.88% of the released supply.
Ethena will award 93.75 million tokens to core contributors. In addition, investors will receive 78.13 million ENA.
3. Aptos (APT)
- Unlock Date: October 11
- Number of Tokens to be Unlocked: 11.31 million APT
- Released Supply: 1.76 billion APT
- Total supply: 2.55 billion APT (Y2035)
Aptos is a Layer-1 blockchain platform designed for scalability, security, and efficiency in decentralized applications (dApps) and Web3 ecosystems. It utilizes the Move programming language to enable high-throughput transactions and smart contract execution.
Aptos will release 11.31 million tokens on October 11. The tokens are worth $9.06 million. It represents 0.64% of the released supply.
The team will award 3.96 million APT to core contributors. The community and investors will get 3.21 million and 2.81 million tokens, respectively. Additionally, Aptos will allocate 1.33 million tokens to the foundation.
In addition to these three, Aerodrome Finance (AERO), Movement (MOVE), and Babylon (BABY) will also see a new supply entering the market this week.
