Token Unlocks Worth $1.5 B Expected in Early September 2026

The crypto market is set to absorb roughly $1.5 billion of new token supply during the first week of September 2026. Three projects – Hyperliquid (HYPE), Sui (SUI) and Ethena (ENA) – will each unlock sizable token amounts, a development that could add volatility and affect short‑term price action.

Hyperliquid (HYPE) – September 6

• Tokens unlocked: 9.92 million HYPE
• Value: approximately $797 million (long‑range estimate)
• Released supply after unlock: 464.91 million HYPE (2.37% of released supply)
• Total supply: 1 billion HYPE
• Allocation: core contributors

Sui (SUI) – September 1

• Tokens unlocked: 13.53 million SUI
• Value: about $9.73 million
• Released supply after unlock: 4.08 billion SUI (0.33% of released supply)
• Total supply: 10 billion SUI
• Distribution: 7.47 million to early contributors, 4 million to community reserve, 2.07 million to Mysten Labs treasury

Ethena (ENA) – September 2

• Tokens unlocked: 40.63 million ENA
• Value: roughly $6.05 million
• Released supply after unlock: 8.9 billion ENA (0.46% of released supply)
• Total supply: 15 billion ENA
• Allocation: entire amount to the Ethena Foundation

Additional projects such as EigenCloud (EIGEN), Gunz (GUN) and GoPlus Security (GPS) also have unlock events scheduled for the same week, further contributing to the influx of new supply.