One week Token unlock: PYTH will undergo a large-scale unlock

This week, only 5 tokens were unlocked, among which the unlocking amount of PYTH accounts for 58.6% of the Circulating Supply.

PYTH

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Official website:

The number of tokens unlocked this time: 2.1 billion

The amount unlocked this time: approximately 320 million USD

Pyth Network is a decentralized oracle project that provides real-time, accurate financial market data, covering DEX, derivatives, DeFi lending, stablecoins, synthetic assets, and more, aiming to enhance the functionality and reliability of decentralized finance (DeFi) applications.

The current unlocking ratio of PYTH is 36%. This week's unlock includes 1.13 billion coins for ecosystem development, valued at 170 million coins; 530 million coins for Publisher rewards, valued at 82.1 million USD; 250 million coins from private placements, valued at 38.19 million USD; and 210 million coins for protocol development, valued at 32.46 million USD.

The specific release curve is as follows:

Polyhedra

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Project official website:

Locked amount this time: 15.53 million coins

The amount unlocked this time: approximately 32.14 million U.S. dollars

PolyHedra is the infrastructure for Web3 interoperability, leveraging cutting-edge zero-knowledge proof systems to enhance Web3 interoperability. The deVirgo implementation of zkBridge on the Polyhedra Network provides a trustless and efficient infrastructure for cross-chain bridges and data interoperability between various Web2 and Web3 systems.

ZKJ is currently only 29% unlocked. This round of unlocking includes ecosystem incentives of 8.47 million coins (17.54 million USD), foundation reserves of 3.61 million coins (7.47 million USD), community airdrops of 2.61 million coins (5.40 million USD), and token purchasers of 833,000 coins (1.73 million USD).

The specific release curve is as follows: