3 Token Unlocks to Watch in the First Week of October 2025

Market braces for volatility as major token unlocks hit the blockchain—just when you thought crypto couldn't get more exciting than watching paint dry.

Unlock Alert: Supply Shock Incoming

Three major projects are set to flood the market with fresh tokens, potentially testing investor appetite and liquidity pools. The timing couldn't be more perfect—or more terrifying—for holders banking on scarcity narratives.

October's Opening Gambit

These scheduled releases represent strategic moves by project treasuries to capitalize on recent price action. Smart money's already positioning for the inevitable sell pressure—because nothing says 'decentralized' like pre-programmed dilution events.

Watch These Three

Keep charts handy and stop-losses tighter as these unlocks roll out. History shows even fundamentally sound projects can't always absorb sudden supply increases gracefully. Another day, another opportunity for the disciplined—and another lesson for the over-leveraged.

1. Sui (SUI)

• Unlock Date: October 1
• Number of Tokens to be Unlocked: 44 million SUI (0.44% of Total Supply)
• Current Circulating Supply: 3.568 billion SUI
• Total Supply: 10 billion SUI

Sui is a high-performance Layer-1 blockchain. It utilizes the MOVE programming language to enable scalable, secure, and efficient decentralized applications (dApps). Moreover, the network focuses on parallel execution for high throughput, making it suitable for gaming, decentralized finance (DeFi), and Web3 ecosystems. 

On October 1, sui will unlock 44 million SUI tokens as part of its ongoing monthly vesting schedule. This stack represents 1.23% of the released supply. Furthermore, it is worth approximately $145.18 million.

Of the unlocked supply, 19.32 million SUI will go to Series B investors. Community reserve and early contributors will get 12.63 million and 9.98 million SUI, respectively. Lastly, Mysten Labs will receive 2.07 million altcoins.

2. EigenCloud (EIGEN)

• Unlock Date: October 1
• Number of Tokens to be Unlocked: 36.82 million EIGEN (2.1% of Total Supply)
• Current Circulating Supply: 339.49 million EIGEN
• Total Supply: 1.749 billion EIGEN

EigenCloud (formerly EigenLayer) is a verifiable cloud platform built on the EigenLayer protocol. It offers developers a unified infrastructure to create trustless, verifiable Web3 applications and services.

On October 1, the network will unlock 36.82 million EIGEN tokens, worth around $64.80 million. The unlocked tokens represent 13.77% of the released supply.

The team will split the unlocked supply two ways. Investors will gain 19.75 million tokens. Moreover, early contributors will get 17.07 million EIGEN.

3. Ethena (ENA)

• Unlock Date: October 2
• Number of Tokens to be Unlocked: 40.63 million ENA (0.27% of Circulating Supply)
• Current Circulating Supply: 6.889 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 40.63 million ENA tokens on October 2 via its cliff vesting schedule. The tokens, worth $23.42 million, account for 0.62% of the released supply.

Ethena will award the entire unlocked supply to the Foundation. In addition to these three, Immutable (IMX), ZetaChain (ZETA), and IOTA (IOTA) will also experience new supply entering the market in the first week of October.