ONDO’s $772.42M Token Unlock Dominates the Cliff - What It Means for the Market

A single protocol just dropped a tidal wave of liquidity onto the market. ONDO's scheduled token unlock isn't just another calendar event—it's a $772.42 million statement that's set to ripple across portfolios and price charts.

The Mechanics of the Move

Cliff unlocks are the crypto equivalent of opening the floodgates. They release a large, predetermined portion of a project's token supply all at once, rather than through a gradual drip. This one's magnitude puts it in a league of its own, instantly shifting the supply-demand calculus for every holder and speculator watching the ticker.

Market Impact and Trader Calculus

History shows these events cut both ways. They can trigger sell pressure from early investors finally cashing in, or they can fuel a rally by removing a major overhang of uncertainty. The sheer scale of this unlock forces the market to answer a brutal question: is this liquidity a gift or a trap? Smart money is already positioning, parsing wallet activity and exchange inflows for the first signs of a pivot.

Navigating the New Landscape

For the rest of us, it's a masterclass in market dynamics. Do you front-run the anticipated sell-off, or bet on resilient demand absorbing the shock? It's the kind of high-stakes poker that separates the diamond hands from the paper portfolios—and occasionally provides a stark reminder that in crypto, 'long-term vesting' often just means 'delayed profit-taking.'

ONDO dominates cliff token unlocks with $772.42M

ONDO leads all token unlocks for the January 12-19 week with 1.94 billion tokens worth $772.42 million. The unlock represents 57.23% of adjusted released supply. It is also the largest single token unlock event.

TRUMP posts the second-largest cliff unlock with 55.10 million tokens valued at $299.17 million. The unlock accounts for 13.30% of adjusted released supply. TRUMP also appears in linear unlocks with the same 55.10 million tokens representing 27.55% of circulating supply.

CONX unlocks 1.32 million tokens worth $20.59 million, representing 1.59% of adjusted released supply. Arbitrum (ARB) releases 96.00 million tokens valued at $19.56 million, accounting for 1.68% of supply. DBR unlocks 618.33 million tokens worth $11.52 million, a substantial 14.81% of adjusted released supply.

CHEEL releases 20.81 million tokens valued at $11.50 million, representing 2.78% of supply. Starknet (STRK) unlocks 127.00 million tokens worth $10.33 million, accounting for 4.83% of adjusted released supply. SEI releases 75.80 million tokens valued at $9.15 million, representing 1.44% of supply.

ZK completes the major cliff unlocks with 173.08 million tokens worth $5.89 million, representing 3.16% of adjusted released supply. The nine cliff unlocks total approximately $1.16 billion in value. The concentration in Ondo and TRUMP means these two projects account for 92.4% of cliff unlock value.

Linear token unlocks add $537M in weekly releases

RAIN leads linear token unlocks with 9.41 billion tokens worth $84.13 million scheduled for the week. The unlock represents 2.77% of circulating supply.

Solana unlocks 482,400 tokens worth $67.14 million, or just 0.09% of circulating supply. TRUMP makes its second appearance with 55.10 million tokens in linear releases worth $299.17 million, or 27.55% of circulating supply.

Worldcoin releases 37.23 million tokens worth $21.13 million, 1.37% of circulating supply; RIVER unlocks 1.25 million tokens worth $21.02 million, or a quite reasonable 6.38% of the circulating supply. DOGE has unlocked 97.56 million tokens worth $13.42 million, which is just 0.06% of the huge circulating supply.

Avalanche finally unlocks 700,000 tokens worth $9.57 million, about 0.16% of the circulating supply. ASTER releases 10.28 million tokens worth $7.34 million, 0.43% of supply. Bittensor finally unlocks 25,200 tokens worth $7.22 million, representing 0.26% of the circulating supply.

Smaller projects face unlock schedules

Masters of Trivia (MOT) shows 4.83% unlock progress with the next release of 5.5 million MOT tokens worth $17.92 million. The unlock represents 1.10% of total locked supply. The trivia gaming project maintains relatively low unlock progression.

HyperGPT (HGPT) shows 86.04% unlock progress with the next release of 13.92 million HGPT tokens worth $71,884.74. Checkmate (CHECK) shows 18.18% unlock progress with the next release of 16.77 million CHECK tokens worth $1.32 million. The unlock represents 1.68% of total locked supply.

BounceBit (BB) shows 44.53% unlock progress with the next release of 32.78 million BB tokens worth $2.08 million. The unlock represents 1.56% of total locked supply. DappRadar (RADAR) shows 79.12% unlock progress with the next release of 107.89 million RADAR tokens worth $50,961.16.

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