Major Token Unlocks This Week: HYPE, SUI, and More Set for $566M Release

The cryptocurrency market faces over $566 million in token unlocks this week (December 29, 2025 – January 4, 2026), according to Token Unlocks data. Hyperliquid (HYPE) leads with the largest single release, while Solana (SUI) dominates linear daily distributions.

Eight projects will see cliff unlocks exceeding $5 million, with nine others adding daily linear supply increases.

(Sources: WuBlockchain)

Hyperliquid (HYPE) Dominates with $318M Cliff Unlock

Hyperliquid takes the top spot with a massive one-time release of approximately 9.92 million HYPE tokens on December 29 at 3:30 PM Beijing time—valued at around $318 million.

This unlock represents ~3.66% of circulating supply. As a cliff event, all tokens become available simultaneously rather than gradually, often prompting preemptive selling pressure from holders anticipating dilution.

HYPE’s scale makes it the clear leader among this week’s unlocks.

Solana (SUI) Leads Linear Releases at $65M

Solana headlines daily linear unlocks, adding ~490,350 SUI tokens worth approximately $65 million over the week (~0.09% of circulating supply).

Other notable linear distributions include:

• TRUMP: 4.89 million tokens (~$31.25 million, 2.45% of circulation)
• Worldcoin: 37.23 million tokens (~$23.03 million, 1.59%)
• Dogecoin: 95.51 million tokens (~$14.1 million)

Aster, Avalanche, Bittensor (TAO), Zcash, and Ether.fi round out the linear group with releases ranging $6–$11 million.

Seven Projects Face Significant Cliff Unlocks

Beyond HYPE, several projects see meaningful one-time releases:

• Plasma (XPL): 89 million tokens (~$17.2 million, 4.71% of supply)
• Jupiter: 53 million tokens (~$12.62 million, 1.66%)
• KMNO: 230 million tokens (~$11.96 million, 6.92%)
• Optimism (OP): 31 million tokens (~$9.49 million, 1.65%)
• Zora: 170 million tokens (~$8.67 million, 3.73%)
• H Protocol: 63 million tokens (~$7.44 million, 3.42%)
• Sahara: 84 million tokens (~$6.65 million, 3.54%)

These cliff events often create short-term selling pressure as unlocked tokens hit the market at once.

Smaller Projects Show Varied Unlock Progress

Less prominent tokens also feature unlocks:

• Niillion (NIL): 10.84 million tokens (~$990K, 1.08% of locked supply; 27.11% unlocked overall)
• Letit (LETIT): 1.8 million tokens (~$43K, 1.80% of locked)
• TENET: Progress at 76.33%
• GT Protocol (GTAI): 1.21 million tokens (~$63K, price up 2.62% pre-unlock)
• WalletConnect Token (WCT): 100.65 million tokens (~$11.53 million, 10.07% of locked; only 20.35% unlocked total)

Market Implications and Outlook

This week’s combined $566 million in unlocks—split between large cliffs and daily linears—tests ecosystem absorption capacity amid year-end thin liquidity.

Hyperliquid’s dominance highlights concentration risk in single events, while Solana’s steady linear release reflects ongoing vesting schedules.

Historical patterns show unlocks often coincide with short-term price pressure, though long-term impact depends on project utility and broader market conditions.

As 2026 approaches, these supply events will be closely watched for signals on holder behavior and token economics sustainability.