Next week, 14 projects will undergo token unlocks, with ONDO leading the pack by unlocking tokens exceeding 100% of its circulating supply.
Ondo Finance (ONDO) Unlock Details
- Total Unlock Amount: 1.93 billion ONDO
- Unlock Value: ~$2.44 billion
Project Background
Ondo Finance, founded in 2021, initially focused on LaaS (Liquidity-as-a-Service) before pivoting to RWA (Real-World Assets) in January 2023 due to declining DeFi market liquidity.
Token Allocation
ONDO’s unlock targets three key groups:
- Protocol Development: 825 million ONDO ($1.04 billion)
- Ecosystem Growth: 790 million ONDO ($1 billion)
- Private Sale Investors: 320 million ONDO ($400 million)
👉 Explore Ondo Finance’s RWA Innovations
QuantixAI (QAI) Unlock Overview
- Total Unlock Amount: 230,000 QAI
- Unlock Value: ~$19.64 million
Project Summary
QuantixAI is an AI-powered trading platform that uses algorithms to optimize investment strategies and automate trades for enhanced market performance.
Allocation Breakdown
- Trading Bot Fund: 176,000 QAI (~$14.94 million)
👉 Discover AI-Driven Trading Tools
FAQs
1. How does ONDO’s unlock impact its price?
Large unlocks often increase selling pressure, but Ondo’s strategic RWA focus may mitigate volatility.
2. What is QuantixAI’s primary use case?
It provides automated trading solutions powered by AI algorithms for retail and institutional investors.
3. Are these unlocks typical in crypto projects?
Yes, scheduled unlocks are common to align with vesting schedules and project milestones.
Key Takeaways
- ONDO’s unlock is one of the largest in 2024, with $2.4 billion in tokens entering circulation.
- QAI’s release is smaller but targets trading efficiency tools.
- Monitor market reactions post-unlock for trading opportunities.