Token unlocks this month: the largest unlocks in October 2026
October 2026's largest token unlocks among the top 300 tokens: cliffs and scheduled releases ranked by USD, with dates and share of market cap.
Written by taika · Creator of Token Radar This page lists the largest token unlocks of October 2026 among the 300 largest tokens by market cap, ranked by USD value. One-time cliffs and scheduled releases, such as monthly installments and vesting that accrues every day, are counted together; our tokenomics guide explains the terms.
- October unlocks of the top-300 tokens
- $1.78B
- Cliffs and scheduled releases together
- From three cliffs: Ethena, Hyperliquid and DoubleZero
- 64%
- $1.14B of the total
- From installments and continuous vesting
- $632.8M
- Scheduled releases that recur every month
The month's lead story is Ethena: on 5 October the remaining vesting of its original investors was brought forward to a single day. The list is refreshed every month on this same URL; read each row as a supply event to research, not as a signal. Data as of 2026-10-10 02:15 UTC, source: Token Radar.
The largest token unlocks in October 2026
Ethena leads with $804.8M, more than the next nine rows together ($752.4M). Seven of the ten rows are scheduled releases only; the other three hold the month's cliffs.
| Token | Type | Date (UTC) | Unlock value | % of market cap | Main allocation |
|---|---|---|---|---|---|
| Ethena (ENA) | Mixed | 5 Oct | $804.8M | Original investor allocation | |
| Hyperliquid (HYPE) | Cliff | 7 Oct | $315.8M | Current and future core contributors | |
| Cronos (CRO) | Scheduled | Oct 2026 · day not given | $72M | Strategic Reserve periodic vesting | |
| Solana (SOL) | Scheduled | Oct 2026 · day not given | $69.6M | Foundation sales to FTX and Alameda | |
| DoubleZero (2Z) | Cliff | 2 Oct | $59.4M | Jump Crypto | |
| Toncoin (TON) | Scheduled | Oct 2026 · day not given | $53.2M | TON Believers Fund participant deposits | |
| Official Trump (TRUMP) | Scheduled | Daily, 1 to 31 Oct | $52.9M | Creators & CIC Digital | |
| Worldcoin (WLD) | Scheduled | Daily, 1 to 31 Oct | $46.4M | World Community | |
| LayerZero (ZRO) | Scheduled | Oct 2026 · day not given | $45.7M | Strategic partners | |
| Pump.fun (PUMP) | Scheduled | Oct 2026 · day not given | $37.5M | Team |
| Token | October unlock value |
|---|---|
| Ethena (ENA) | $804.8M |
| Hyperliquid (HYPE) | $315.8M |
| Cronos (CRO) | $72M |
| Solana (SOL) | $69.6M |
| DoubleZero (2Z) | $59.4M |
| Toncoin (TON) | $53.2M |
| Official Trump (TRUMP) | $52.9M |
| Worldcoin (WLD) | $46.4M |
| LayerZero (ZRO) | $45.7M |
| Pump.fun (PUMP) | $37.5M |
Measured by share of market cap, the bars in the table, the picture changes. Solana's $69.6M is 0.11% of its market cap, DoubleZero's $59.4M is 31.37%. Token Radar highlights unlocks from 2.5% of market cap, and more strongly from 5%; four of the ten rows are above 5%.
How to read this list
Each row is one token's scheduled supply for the whole month, 1 to 31 October 2026 (UTC), over all of its allocations, valued at one day's price. Only tokens ranked in the top 300 by market cap are included, as with the TOP-300 pill on the Token Unlocks overview.
| Column | What it tells you | Watch for |
|---|---|---|
| Type | Cliff when the month's releases are cliffs only, Scheduled when they are installments or continuous vesting only, Mixed when a token has both. | Scheduled releases recur until the vesting ends; the token's Tokenomics tab shows when that is. |
| Date (UTC) | The release day. "Oct 2026 · day not given" marks installments whose sources name the month but not the day; "Daily" marks vesting that accrues every day. | A month-only row counts the whole month's amount; the daily charts spread it evenly over the month's days. |
| Unlock value | The month's token amount at the token's price on 10 October 2026. | It moves with the price; the token amount does not. |
| % of market cap | The unlock value divided by the market cap on the same day: how large the release is against what the market already values. | Compare it with the token's recent daily trading volume as well. If market cap and fully diluted value are far apart, read FDV vs market cap. |
| Main allocation | The allocation releasing the largest value in the month, which says who receives the tokens. | Team, investor, ecosystem and treasury allocations have different incentives; the label says who receives the tokens, not what they will do with them. |
On the overview, the same month-only label appears in the Next Unlock column, for example for Cronos, Solana and Toncoin:
A row is a scheduled event, not a transaction. Recipients may claim the tokens on the day, weeks later or not for a long time, and a claim or a transfer still does not prove a sale. Our explainer on what a token unlock is covers the mechanics, and our guide to finding upcoming token unlocks the full workflow.
Which October unlocks are cliffs?
Three cliffs carry $1.14B of October's $1.78B, 64%: Ethena on 5 October, Hyperliquid on 7 October and DoubleZero on 2 October. All three were past at the data time, so the overview's Largest Cliffs Ahead tile, which looks forward from today, no longer shows them.
Ethena: investor vesting brought forward to 5 October
Ethena's $804.8M comes from three different releases on 5 October 2026. Only the first is vesting brought forward; the second is a lock-up waiver with conditions attached.
| Part | ENA | Value (10 Oct) | Evidence |
|---|---|---|---|
| Original investors: remaining vesting brought forward | 1.41B | $302.5M | Estimated |
| StablecoinX: lock-up waiver on two locked-ENA sales | 2.15B | $461.7M | Researched (SEC filings) |
| Monthly installments: core contributors, ecosystem, foundation | 189.1M | $40.7M | Researched (core contributors), estimated (the other two) |
The investor amount is a calculation: the 3.75 billion ENA allocation, minus its 937.5 million ENA cliff, minus 18 monthly installments of 78.125 million already paid, leaves 1,406.25 million ENA, the same as 18 more installments on one day.
According to Startup Fortune, the investor tokens would otherwise have vested monthly until March 2028 and amount to about 14% of the circulating supply. We found no statement by the project that confirms the amount, so Token Radar marks this release as estimated.
Hyperliquid: a core-contributor cliff on 7 October
Hyperliquid's $315.8M is the month's second-largest unlock, yet at 1.68% of market cap it is small against its own market: six of the other nine rows have a larger share.
- Date: 7 October 2026 (UTC), a single-day release.
- Amount: 3.75 million HYPE, $315.8M at the 10 October price.
- Recipient: current and future core contributors.
- Evidence: researched, in a schedule updated on 10 October 2026; the Sources list on Hyperliquid's Tokenomics tab links the documents behind it.
DoubleZero: the one-year cliff on 2 October
On 2 October 2026, one year after 2Z began trading, the one-year cliffs of six allocations released 1.625 billion 2Z in Token Radar's schedule: $59.4M and 31.37% of its market cap, the largest share in the list.
| Allocation | Released on 2 October |
|---|---|
| Jump Crypto | 575M 2Z |
| Malbec Labs | 350M 2Z |
| Institutions | 300M 2Z |
| Team | 250M 2Z |
| Contributors | 100M 2Z |
| Builders | 50M 2Z |
Token Radar models each cliff as 25% of the allocation, an estimate. CryptoTicker puts the release at 1.655 billion 2Z, including 30 million from a validator sale, which is 16.55% of the 10 billion max supply.
How much do scheduled releases add each month?
Installments and continuous vesting add $632.8M across the top 300 tokens in October, and they recur every month until each schedule ends. Many allocations vest after their cliff over 24 or 36 months, so no single day looks large, and a list of cliffs alone undercounts new supply.
| Release | Unlock value |
|---|---|
| Cliffs | $1.14B |
| Installments | $391.8M |
| Continuous vesting | $241M |
| Interpolated releases | $4M |
The five largest scheduled releases of the month, and what to check on each:
| Token (% of market cap) | How October's release works | What to check |
|---|---|---|
| Cronos (CRO), 2.35% | A monthly installment of 1.17 billion CRO from the Strategic Reserve. | The payment month is estimated; block times decide which month an installment falls in. |
| Solana (SOL), 0.11% | Installments of the Foundation's sales to FTX and Alameda, 637,000 SOL. | Fourth by USD, but the smallest share of market cap in the list. |
| Toncoin (TON), 1.29% | Installments of TON Believers Fund participant deposits and its donated reward pool, 36.6 million TON. | Calendar months stand in for the fund's 30-day periods, so the last installment can fall a month earlier. |
| Official Trump (TRUMP), 9.90% | Daily vesting of six Creators & CIC Digital allocations, 28.0 million TRUMP. | 15.3 million of it is estimated: the model continues vesting past a postponed cliff. |
| Worldcoin (WLD), 2.40% | Daily vesting of 91.4 million WLD: 49.5 million to the World Community, 41.9 million to Tools for Humanity's team and investors. | The team and investor parts are estimated from an approximate split. |
Installments follow each schedule's own dates: Arbitrum's team and investor allocations pay on the 16th of each month. A source that rounds the same vesting into first-of-month steps, or counts it per block, can show different figures for a given day. The unlock calendar shows every release day by day.
Which sectors unlock the most in October?
Added up by sector, the top 300 tokens unlock $1.78B in October. Ethena's cliffs put RWA first, and Hyperliquid's cliff puts Perpetuals second.
| Sector | October unlock value |
|---|---|
| RWA | $808.9M |
| Perpetuals | $316.2M |
| Layer 1 | $176.6M |
| DePIN | $64.6M |
| Identity | $62.7M |
| Bridges | $56.8M |
| Payments | $53.2M |
| Meme | $52.9M |
Without the three cliffs, Layer 1 leads with $176.6M, scheduled releases from six tokens led by Cronos and Solana, and RWA falls to $44.8M. Identity, Bridges and Payments follow.
The Unlock Volume chart on the overview shows the same split day by day: switch it to BY SECTOR. Its 30D view runs over the next 30 days from today, not over the calendar month.
Methodology and sources
The list rests on modeled schedules, so read it with four caveats:
- Schedules are modeled. Each token's schedule is built from its project documentation: whitepapers, token documentation, filings and announcements. On the token's Tokenomics tab, the Assumptions section summarizes the research and names the allocations whose release dates the sources do not give, and the Sources list links the documents.
- Evidence. Each release carries an evidence level, such as researched or estimated. The cliff cards on the Largest Cliffs tab show it for each cliff.
- Revisions. Projects change their terms and sources get corrected, so schedules are revised. This page shows the schedules as they stood at the data time; recheck a token's Tokenomics tab shortly before its unlock.
- Dates and values. All dates are in UTC. USD values and shares of market cap use the price and market cap of 10 October 2026 and move with the price; token amounts do not.
The Help Center article Token Tokenomics explains each part of the Tokenomics tab, and the vocabulary defines market cap, circulating supply and related terms.
More on token unlocks
- What is tokenomics? The guide to supply, allocations, vesting and FDV.
- What is a token unlock? Cliffs, linear vesting and what happens on the day.
- How to find upcoming token unlocks, step by step in Token Radar.
- FDV vs market cap and why the gap matters for unlocks.