Over the next 7 days, cryptocurrency tokens with a total value of over $572 million will be officially released to the market. Notably, three major ecosystems—Hyperliquid (HYPE), Ethena (ENA), and RedStone (RED)—will simultaneously launch new token supplies in early March 2026.
Token unlocks not only provide significant liquidity but also have the potential to cause major price fluctuations. Below is detailed information on each project that investors should pay attention to.
Hyperliquid (HYPE)
Hyperliquid is a leading decentralized futures trading platform built on its own Layer-1 blockchain. The platform features high-performance trading, low latency, on-chain order books, and transaction speeds under 1 second.
On March 6, the development team will unlock 9.92 million HYPE tokens, worth approximately $316.64 million. This amount accounts for 2.72% of the total circulating supply.
Token HYPE will be unlocked in March | Source: Tokenomist All unlocked tokens will be allocated to the project’s core members.
RedStone (RED)
RedStone is a modular blockchain oracle protocol that provides reliable external data in real-time for integration into smart contracts and decentralized finance (DeFi) applications across multiple blockchains.
On March 6, the development team will release 40.85 million RED tokens, with an estimated total value of $6.04 million. This amount represents 16.13% of the circulating supply.
Token RED will be unlocked in March | Source: Tokenomist The unlocked tokens will be distributed as follows:
Ethena (ENA)
Ethena is an aggregate dollar protocol built on Ethereum (ETH). Its flagship product is USDe, an algorithmic stablecoin pegged to the US dollar. Additionally, ENA is the governance token of this protocol.
On March 2, the development team will release 40.63 million ENA tokens according to a cliff vesting schedule. These tokens are valued at approximately $4.21 million, representing 0.53% of the total circulating supply.
Token ENA will be unlocked in March | Source: Tokenomist All unlocked tokens will be transferred to the Foundation for long-term development purposes.
Other Notable Projects
In addition to the three major projects mentioned above, other ecosystems such as Staika (STIK), Spectral (SPEC), and IOTA (IOTA) will also see new token supplies released into circulation during the first week of March.
Mr. Teacher
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