Shanzhai season? Most shanzhai are still between unlocked and unlocked. Standard roughly unlocks >80% or only 1 to 2 years remaining unlocking period. 1. $INJ (Injective) Unlock progress: ≈100%, 2. $LDO (Lido) Circulated ≈89%, 3. $IMX (Immutable) Unlock Progress ≈89% 4. $TIA (Celestia) Circulation ≈84.5%, 5. $AXL (Axelar) unlock progress ≈65.7% 7. $Render (Render) Circulation ≈80.5%, most of the early batches of locked assets have been mostly released, and before 2031, it will mainly be protocol inflation. Second, the mainstream VC unlock is still a long way off, and it can basically be disregarded. 1. $WLD (Worldcoin) Unlocked ~41%, remaining unlock time >4600 days, one of the longest unlock periods in the entire market. 2. $APT (Aptos) Investors/team will release linearly over 10 years. We are still in the first half, and there will be continuous unlocking for many years to come. 3. $SUI (Sui) Approximately 34% has been unlocked, with about 1600 days remaining for the main linear release. Meanwhile, large positions like SUI Reserve will take even longer to fully unlock, making it a standard long-term VC coin. 4. $SEI Unlock progress is 50%, overall release continues until 2031, with the team and investors to linearize from 2028 to 2031, during which there will be a major unlock around 2026. 5. The unlocking progress of $ONDO is about 34%, with 1100 days remaining; the white paper states that multiple rounds of investor/team allocations will be linear until 2029, typical long-term RWA VC coin. 6. $ENA (Ethena) Investor 1 year 25% release + 3 years linear; core contributors allocation up to 4.5 billion ENA, multi-year unlock; 2026 is a major unlock year. 7. $STRK (Starknet) Total supply is 10 billion, with currently circulating supply <50%; early contributors/investors will unlock in batches over 35 months, starting from 2024, and will continue until after 2027, which is a typical long-term unlocking structure in the L2 track. 8. $PYTH (Pyth Network) Initially, only about 15% is unlocked, and the remaining large amount is scheduled to be unlocked in four batches at 6 / 18 / 30 / 42 months. The entire large unlock window of 42 months has not yet been completed, and there will still be more than one round of large unlocks to come. 9. $MET (Meteora) The unlocking progress is about 43.8%, and there are still about 2190 days (close to 6 years) left until it is fully unlocked. 10. $IO (io. net) The current circulation rate is less than 30%.
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Shanzhai season? Most shanzhai are still between unlocked and unlocked.
Standard roughly unlocks >80% or only 1 to 2 years remaining unlocking period.
1. $INJ (Injective)
Unlock progress: ≈100%,
2. $LDO (Lido)
Circulated ≈89%,
3. $IMX (Immutable)
Unlock Progress ≈89%
4. $TIA (Celestia)
Circulation ≈84.5%,
5. $AXL (Axelar) unlock progress ≈65.7%
7. $Render (Render)
Circulation ≈80.5%, most of the early batches of locked assets have been mostly released, and before 2031, it will mainly be protocol inflation.
Second, the mainstream VC unlock is still a long way off, and it can basically be disregarded.
1. $WLD (Worldcoin)
Unlocked ~41%, remaining unlock time >4600 days, one of the longest unlock periods in the entire market.
2. $APT (Aptos)
Investors/team will release linearly over 10 years. We are still in the first half, and there will be continuous unlocking for many years to come.
3. $SUI (Sui)
Approximately 34% has been unlocked, with about 1600 days remaining for the main linear release. Meanwhile, large positions like SUI Reserve will take even longer to fully unlock, making it a standard long-term VC coin.
4. $SEI
Unlock progress is 50%, overall release continues until 2031, with the team and investors to linearize from 2028 to 2031, during which there will be a major unlock around 2026.
5. The unlocking progress of $ONDO
is about 34%, with 1100 days remaining; the white paper states that multiple rounds of investor/team allocations will be linear until 2029, typical long-term RWA VC coin.
6. $ENA (Ethena)
Investor 1 year 25% release + 3 years linear; core contributors allocation up to 4.5 billion ENA, multi-year unlock; 2026 is a major unlock year.
7. $STRK (Starknet)
Total supply is 10 billion, with currently circulating supply <50%; early contributors/investors will unlock in batches over 35 months, starting from 2024, and will continue until after 2027, which is a typical long-term unlocking structure in the L2 track.
8. $PYTH (Pyth Network)
Initially, only about 15% is unlocked, and the remaining large amount is scheduled to be unlocked in four batches at 6 / 18 / 30 / 42 months. The entire large unlock window of 42 months has not yet been completed, and there will still be more than one round of large unlocks to come.
9. $MET (Meteora)
The unlocking progress is about 43.8%, and there are still about 2190 days (close to 6 years) left until it is fully unlocked.
10. $IO (io. net)
The current circulation rate is less than 30%.