More than $5.5 billion worth of cryptocurrencies are set to unlock in January, with ONDO, BGB, HYPE, and TRUMP among the tokens accounting for the largest releases this month.
Data from Tokenomist’s token unlocks tracker shows that January will see over $5.5 billion in scheduled unlocks. Approximately $2.5 billion will be released via cliff unlocks, where tokens enter circulation all at once, while another $3 billion will be unlocked through linear vesting schedules that gradually increase supply over time.
Token vesting involves locking allocations and releasing them according to a predefined schedule to prevent sudden spikes in circulating supply. These structures typically include an initial lockup period followed by incremental unlocks, helping align long-term incentives while limiting market disruption.
Although token unlocks are a standard feature of crypto markets, large releases can affect short-term price action—particularly during periods of thin liquidity or fragile investor sentiment.
Top four unlocks make up nearly $2 billion of January’s token releases
The four largest token unlocks scheduled for January—Ondo, Bitget Token (BGB), Hyperliquid, and Official Trump—collectively account for roughly $1.94 billion in new supply, representing about 35% of the $5.5 billion set to unlock this month.
Ondo leads the group, with 1.9 billion tokens scheduled to unlock on Jan. 19, valued at more than $840 million at current prices. According to Tokenomist data, the release will be distributed among founders, team members, the community, and private investors.
Bitget Token follows with 140 million tokens unlocking on Jan. 26, worth nearly $500 million. Of that total, 80 million tokens are allocated to the team, while the remaining 60 million are earmarked for branding and promotional activities.
Hyperliquid is set to unlock 12.4 million tokens on Tuesday, valued at approximately $327 million, making it the nearest upcoming release and the third-largest unlock for the month. The tokens are allocated to core contributors.
At the time of writing, HYPE was trading at $26.41, up 5.7% over the past 24 hours, suggesting short-term bullish momentum despite the impending increase in supply.
Meanwhile, the Official Trump memecoin is set to unlock 50 million tokens on Jan. 18, valued at roughly $270 million, with the allocation going to founders and team members.
While smaller in size than the Ondo and Bitget Token releases, the unlock remains significant given the token’s market profile and adds meaningfully to January’s overall increase in circulating supply.
