In a significant development for cryptocurrency markets, digital assets valued at a staggering $3.3 billion are poised to flood the market in June 2025, as token vesting periods for numerous high-profile projects reach their expiration. This influx, tracked by the crypto vesting watchdog Tokenomist, marks a notable 32% decrease from the $4.9 billion in tokens that were released in May. While this decline might suggest a cooling-off period, the ramifications for the market remain complex.
Unlocking Dynamics and Market Implications
The June token unlocks are divided into two mechanisms: the cliff unlock and the linear unlock. Approximately $1.4 billion will be released in a single swoop through cliff unlocks, while $1.9 billion will trickle into circulation via linear unlocks, which distribute tokens gradually. This bifurcation reflects a strategic approach by crypto projects to manage market volatility and liquidity, thereby aiming to avoid destabilizing price shocks.
Experts have weighed in on the situation, with blockchain analyst Samantha Lee noting, “The market’s ability to absorb these tokens without significant disruption will be a litmus test for its maturity. It’s not just about the numbers; it’s about market sentiment and the broader economic context.” Her comment underscores the nuanced dance between supply influx and market stability. This sentiment echoes the challenges faced by new token launches, as detailed in Crypto token failures soar, with 1 in 4 launched since 2021 dying in Q1: CoinGecko.
Notable Projects and Their Token Releases
Among the major players releasing tokens, Metars Genesis (MRS) stands out. This NFT project, which has been incrementally unlocking tokens since March, is set to release an additional $193 million worth on June 21. The funds are earmarked for a bold new partnership in the artificial intelligence space—highlighting the intersection of digital assets and emerging technologies.
Meanwhile, Sui (SUI) is slated to release 44 million tokens, valued at around $160 million, on June 1. These tokens will primarily bolster the Mysten Labs treasury and reward early contributors, with a significant chunk allocated to Series B investors. So far, Sui has released 3.3 billion tokens worth over $12 billion, a substantial portion of its total supply.
Broader Market Trends and Future Considerations
Tokenomist’s data offers a glimpse into the shifting dynamics of the crypto ecosystem, where projects like Fasttoken (FTN), Aptos (APT), LayerZero (ZRO), ZKsync (ZK), and Arbitrum (ARB) also have unlocks scheduled. Fasttoken plans to distribute 20 million tokens, worth $88 million, to its founders—an allocation strategy mirrored by LayerZero, which intends to reward its core contributors and strategic partners with $71 million in tokens.
Aptos, on the other hand, will release 11.31 million tokens valued at $61 million, a move aimed at supporting its foundational goals and community engagement. ZKsync’s release of over 760 million tokens, worth $49 million, will also bolster its investor and team member base.
A Historical Perspective and Forward Look
Historically, token unlocks have been a double-edged sword. They can inject liquidity and invigorate projects by empowering stakeholders, but they also carry the risk of flooding the market, potentially depressing prices. As June’s unlocks approach, market watchers are keenly observing how these tokens will be absorbed. This situation is reminiscent of the strategies employed by financial entities, such as the Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet, to navigate market complexities.
The broader crypto landscape is also witnessing increased scrutiny and regulatory developments, creating a complex backdrop for these token releases. With digital assets continuing to evolve, the balance between innovation and regulation remains precarious.
As we look ahead, the key question is whether the crypto market can maintain its resilience in the face of this influx. Will these releases spur renewed interest and investment, or will they exacerbate existing volatility? Only time will tell. As always, the crypto world remains as unpredictable as ever—keeping investors and analysts on their toes.
Source
This article is based on: $3.3B in crypto tokens set to unlock in June
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.