Aptos and BounceBit Drive $113 Million Token Unlock

Aptos and BounceBit are leading a $113 million token unlock event, with Aptos unlocking $58.7 million and BounceBit unlocking $48.92 million in tokens.

By Sulaimon Adewole

June 15, 2025 at 8:41 AM

Last updated

June 15, 2025 at 8:41 AM

Aptos and BounceBit Drive $113 Million Token Unlock

KEY FACTS

  • Aptos and BounceBit are leading the june 12th $113 million token unlock event, with Aptos unlocking $58.7 million and BounceBit unlocking $48.92 million in tokens.
  • These two projects account for 95% of the total tokens being released, while several other protocols like Aethir and Celestia are also unlocking smaller amounts.
  • Token unlocks release previously vested tokens into the market, which can cause price volatility due to the increased supply.
  • The impact of token unlocks on price depends on overall market conditions and the specific utility of each token

Aptos and BounceBit are set for another round of token unlock events. The Aptos token will amount to $58.7 million, and BounceBit will total $48.92 million, accounting for 95% of the total unlock volume. Simultaneously, the event might cause price changes due to the increased supply in the market.

Seven or more protocols are set to release some of their vested tokens. While Aptos and BounceBit account for a large percentage, Aethir, Celestia, and three others are expected to release a few tokens.

In crypto, a token unlock refers to releasing previously locked tokens into circulation, allowing them to be traded and sold. The process of temporarily locking up tokens, which usually includes a waiting period known as the cliff, is called a vesting schedule. The process is implemented through smart contracts.

The locked tokens are typically held by the project team, founders, early investors, or others to ascertain their dedication to the project and ensure that their interests align with its long-term objectives.

Aptos and BounceBit Drive $113 Million Token Unlock

Aptos Unlocks $58.7 Million Worth of Tokens

According to DeFiLlama, the upcoming token unlock, scheduled for June 12, 2025, will see Aptos, a Layer 1 blockchain designed for the secure and scalable development of decentralized applications (dApps), release 11.31 million tokens worth $58.7 million.

Notably, June 12th’s unlock event continues the monthly token unlock schedule that’s expected to last until 2027. The tokens are distributed among the community, core contributors, the foundation, and investors.

Despite APT, Aptos’ native token, contributing 51.55% of the tokens to be unlocked on Thursday, June 12th, 2025, 43.5% of APT’s total supply has yet to be unlocked.Similarly, BounceBit, a middleware protocol built on top of the Bitcoin asset class, unlocks $48.92 worth of Tokens.

BounceBit, which is built to provide a bridge between CeFi and DeFi, will add to its over 499M BB Token circulating supply. The total supply for the Token is 2.1B.

How Does The Unlock Event Affect the Tokens Price

Obviously, as the burning of a token, which is the permanent removal of a specific number of tokens from circulation by sending them to an inaccessible address, increases the value of a token, one expects the unlocking, too, especially in larger numbers, to affect the token price.

However, the opposite is the situation, as prices of unlocked tokens witness both uptrend and downtrend moments during the unlock period. The status of the crypto market and the token’s utilities dictate the event’s impact.

Moreover, a large number of tokens might induce a selling mode, eventually lowering the price. Nonetheless, knowledge of how the market works could mitigate the impact. There is mainly a significant short-term price fluctuation.

Historically, APT Token has reacted differently to token unlock events. In April 2025, the token gained 3.6% in 24 hours after the unlock, while in May, it dipped by 7.8%.

Aptos and BounceBit Drive $113 Million Token Unlock

The APT price currently stands slightly above $4.4, having lost close to 5% in the last 24 hours of the pre-unlock event.

Likewise, in May 2025, BounceBit’s native token, BB, was down slightly below its $0.17 at the time of the unlock event before returning to $0.2. The same happened in April. However, in March, the unlock was a bullish momentum for the token.

Disclaimer: Coinwaft is a crypto media platform providing cryptocurrency news, analysis, and trading information. The content of this article is for informational purposes only and should not be considered as financial, legal, or investment advice. Readers are advised once again to research or consult a financial expert before making any financial decision.

© 2025 Coinwaft. All Rights Reserved.

Sulaimon Adewole

Sulaimon Adewole

Writer

Author profile

Get the daily newsletter that helps thousands of investors get early alpha and understand the markets.

By pressing the "Subscribe button" you agree with our Privacy Policy.

© 2025 Coinwaft. All Right Reserved.

Coinwaft uses cookies to offer a better browsing experience. By clicking accept, you consent to our privacy policy & use of cookies.