$3.3 billion in tokens will be unlocked in June

Digital assets worth $3.3 billion are set to enter circulation in June as vesting periods for several major projects expire.

According to crypto vesting tracker Tokenomist, $3.3 billion in tokens will be released in June, a 32% decline in unlocked tokens month-on-month. In May, such tokens totaled $4.9 billion.  

Crypto projects allocate tokens for various purposes. For example, a company may promise tokens to team members to reward them for their contributions or sell them to early investors. However, projects usually lock the tokens for a specific period to prevent early holders from dumping before the project matures. 

The data shows that $1.4 billion in tokens will be released through a “cliff unlock,” while $1.9 billion will be emitted through a “linear unlock.” Cliff unlocks release a large portion or all of the vested tokens simultaneously, while linear unlocks emit crypto assets gradually.