Token unlocking project preview next week: ACA, DYDX, TORN and other 7 projects usher in unlocking

![Next week’s token unlocking project preview: ACA, DYDX, TORN and other 7 projects usher in unlocking] (https://img-cdn.gateio.im/resized-social/moments-7f230462a9-0a9c1c1aa1-dd1a6f-7649e1)

This week, there are many unlocked projects, and 7 well-known projects will usher in token unlocking.

However, 1INCH, LQTY, EUL, and NYM are all unlocked in small amounts. Only ACA, DYDX, and TORN deserve investors' attention. The Odaily Planet Daily will be detailed below.

Acala

Project official website:

Official Twitter:

The number of unlocked this time: 27.43 million pieces

Amount unlocked this time: (approximately) 1.83 million US dollars

Acala is a long-established project of Polkadot ecology, aiming to build Polkadot's decentralized financial network and liquidity center. The project is a scalable, Ethereum-compatible smart contract platform optimized for DeFi, with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT) and EVM+, Acala gives developers access to the core functionality of Ethereum and the full power of Substrate.

The amount of ACA unlocked this time is relatively large, accounting for about 3.56% of the circulating market value. However, judging from the unlocking history, this unlocking is no different from previous unlockings. Unlocks of the same scale as this one will be unlocked once a month. Investors have ample historical data to refer to.

dYdX

Project official website:

Project Twitter:

The number of unlocked this time: 6.52 million pieces

Amount unlocked this time: (approximately) 13.5 million US dollars

dYdX exchange is a decentralized perpetual contract exchange that operates on the L 2 blockchain system and provides L 1 spot/leverage/loan services.

dYdX utilizes a hybrid infrastructure model, primarily non-custodial, on-chain settlement and an off-chain low-latency matching engine with an order book.

The market value of DYDX in circulation exceeds 330 million US dollars, which is the project with the largest market value among the unlocked projects this week.

The lock-up of dYdX tokens is huge, with 76% of dYdX tokens currently still locked. Calculated in terms of circulation, this unlocking accounted for 3.81% of the total circulation, worth over $13 million. This figure is considerable and worthy of attention.

However, judging from the unlocking history, the token is still in the usual normalized unlocking process and is unlocked once a month.

Tornado Cash

Project Twitter:

The number of unlocks this time: 23,000 pieces

Amount unlocked this time: (approximately) $81,000

In the previous unlocking weekly reports, TORN has appeared many times. About 23,000 TORN tokens will be unlocked this time. Currently, the remaining 31% of TORN tokens are still locked.

The unlocking of TORN is relatively uniform, and there will be one unlocking every month, and the number of each unlocking is roughly the same.

The circulating market value of TORN is only about 5.3 million US dollars, and it has experienced the sanctions of the US judiciary. The original version of this project has long been sentenced to "death". Currently, the community is maintaining the open source project, but it has a low degree of association with this token. Given the small size of its market capitalization, the project does not seem to be worthy of the market's attention.

Unlock less than 1% of other tokens

In addition to the above items, the unlocked volume of LQTY, EUL, and NYM is less than 1% of the circulating supply. In terms of this magnitude, its unlocking scale is difficult to impact the market. It is not worthy of the high attention of investors. 1INCH is also in this unlocking preview, and the unlocking amount of this project is even rarer, even less than 0.1% of the circulating supply. These four tokens will not be explained in detail.