This week, tokens worth over $317 million are unlocked, with JUP, H, and GRASS released simultaneously.

In the last week of February 2026, the cryptocurrency market will see over $317 million worth of tokens unlocked, including more than $62 million of restricted tokens from the three major projects Jupiter (JUP), Humanity (H), and Grass (GRASS). The JUP unlock alone amounts to 253 million tokens, more than 4.7 times its regular monthly release of 53.47 million tokens.

Key Data on Major Token Unlocks This Week

Jupiter (JUP): On February 28, 253 million tokens unlocked, approximately $36.18 million, accounting for 7.94% of the total supply.

Humanity (H): On February 25, 105 million tokens unlocked, approximately $16.74 million, representing 4.37% of the total supply.

Grass (GRASS): On February 28, 55 million tokens unlocked, approximately $9.33 million, representing 13.15% of the total supply.

In addition to these three projects, Plasma (XPL), Kamino (KMNO), and EigenCloud (EIGEN) are also unlocking tokens this week, which investors should monitor as well.

Jupiter (JUP): Jupuary Airdrop Drives Significant Weekly Unlock

Jupiter is a decentralized liquidity aggregation protocol on the Solana blockchain that optimizes trading routes across multiple decentralized exchanges (DEXs) to provide users with the best token swap prices at minimal slippage.

This unlock of 253 million JUP tokens far exceeds its usual monthly release of 53.47 million, expanding the scale by 4.7 times. The main reason is Jupiter’s annual airdrop event, Jupuary, which aims to reward long-term users and community supporters. The specific distribution of the unlocked tokens is as follows:

200 million JUP: For the Jupuary annual airdrop

38.89 million JUP: Distributed as donations to the team

14.58 million JUP: Distributed to stakeholders of the former protocol Mercurial

The airdrop nature of the Jupuary tokens means the immediate selling pressure from this large unlock is relatively limited, as airdropped tokens are typically dispersed across many user addresses rather than concentrated in the secondary market.

Humanity (H) and Grass (GRASS): Mechanism Design and Market Impact

Humanity (H) is a decentralized identity verification protocol based on biometric palm recognition and zero-knowledge proofs (ZKP), utilizing a native Proof of Humanity (PoH) consensus mechanism. The 105 million H tokens released on February 25 will be allocated in three parts: 50 million to the ecosystem fund, 42.86 million for identity verification rewards, and 12.5 million for foundation operational funds. Since these allocations are for internal protocol use, the short-term sell pressure is relatively manageable.

Grass (GRASS) allows users to monetize idle network bandwidth through blockchain technology, creating a privacy-preserving global data sharing network. The 55 million GRASS tokens released on February 28 are fully allocated to ecosystem contributors, representing 13.15% of the total supply—the highest among the three projects. Contributor-based unlocks tend to have higher selling pressure potential than ecosystem fund allocations because contributors often have lower holding costs and stronger profit-taking incentives.

Frequently Asked Questions

Does token unlocking necessarily lead to a price decline?

Not necessarily. Token unlocking provides the conditions for tokens to enter circulation, but whether holders sell depends on individual decisions and market conditions. Airdrop-based distributions (like JUP’s Jupuary) and ecosystem fund releases generally exert less short-term selling pressure than unlocks to investors or contributors.

Why is JUP’s current unlock significantly higher than the usual monthly standard?

JUP’s regular monthly unlock is about 53.47 million tokens, but this week’s unlock is 253 million, over 4.7 times larger. The main reason is Jupiter’s annual community airdrop event, Jupuary, which concentrates releases this week, with 200 million JUP dedicated to rewarding long-term users—this is a planned, non-recurring release.

How can I track real-time token unlock data?

Platforms like Tokenomist provide on-chain data including token unlock schedules, distribution details, and historical records. Investors can set unlock alerts to stay informed about supply changes before key events.