One-week token unlock: ENA will unlock approximately 3.1% of its circulating supply.

Ethena

Project Twitter: https://x.com/ethena_labs

Project website: https://www.ethena.fi/

Number of tokens unlocked this time: 210 million

Unlocked amount: Approximately US$83.98 million

Ethena Labs’ algorithmic stablecoin USDe currently relies on BTC, stETH, and their inherent yields as collateral. It simultaneously creates short positions in both Bitcoin and ETH to balance the Delta and utilizes perpetual/futures funding rates to maintain the peg and provide yield. Essentially, it uses spot profits to hedge against a 100% loss on short positions, achieving balance while still allowing users to earn ETH staking rewards and short position funding rates.

The specific release curve is as follows:

Space and Time

Project Twitter: https://x.com/SpaceandTimeDB

Project website: https://www.spaceandtime.io/

Number of tokens unlocked this time: 24.72 million

Unlocked amount: Approximately US$1.31 million

Space and Time is a decentralized data warehouse and platform that provides scalable, trustless data computation and verification for Web3 applications.

The specific release curve is as follows:

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