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Top 10 Crypto Token Unlocks For April 2025

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The Top 10 April Token Unlocks will release over $373.9 million (₱21.4 billion) worth of crypto.

Investors should stay updated on the top 10 crypto token unlocks for the month, as these events can greatly impact market prices, investment decisions, and risk management strategies.

This month, over $373.9 million worth of crypto from the top 10 token unlocks is expected.

Token unlocks happen under specific conditions, allowing trading of previously restricted tokens. 

  • This gradual release strategy discourages immediate selling by early stakeholders, promotes price stability, and aligns token holders’ interests with the project’s long-term success.

(Read more: List of Free Telegram Games with Potential Airdrop – Tap To Earn Games and 10 Potential Crypto Airdrops to Watch Out For in 2025)

What are token unlocks?

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Token unlocking is a process enabling the trading of cryptocurrencies or digital tokens after predetermined timeframes or conditions are met. This approach discourages immediate selling by team members, advisors, and early investors.

Close-Up Shot of Silver and Gold Round Coins - 
Crypto Token Unlocks

April 2025 Token Unlocks

Ethena (ENA)

  • Unlock Date:  April 2 and 5
  • Tokens:  266 million ENA ($93.9 million)
  • About ENA:

Ethena (ENA) is a synthetic dollar protocol on Ethereum, providing an alternative to traditional stablecoins by using crypto assets like ETH and BTC as collateral. It maintains stability through delta hedging, where derivatives positions automatically adjust to offset changes in collateral value, keeping Ethena’s stablecoin, USDe, pegged to $1. 

Since its launch in early 2024, Ethena has gained significant traction in the DeFi ecosystem, attracting substantial liquidity and maintaining its peg. The protocol also leverages liquid staked tokens as collateral, generating additional yield while preserving necessary liquidity levels.

Allocation:

April 2:

  • Ecosystem Incentives: 53.55 million ENA
  • Foundation: 40.60 million ENA

April 5:

  • Core Contributors: 93.75 million ENA
  • Investors: 73.13 million ENA

Vesting Progress: 35.53% completed

  • Unlocked Tokens: 5.33 billion ENA
  • Locked Tokens: 9.67 billion ENA

Movement (MOVE)

  • Unlock Date: April 9
  • Tokens: 50.85 million MOVE ($21.40 million)
  • About MOVE:

The Movement Token (MOVE) is the native cryptocurrency of the Movement Network, a blockchain ecosystem bridging the Move programming language with Ethereum Virtual Machine (EVM) ecosystems. 

The network features high performance through components like a Move Executor and Fast Finality Settlement, along with cross-chain interoperability for secure, high-performance blockchain applications. With a community-first approach, Movement Network offers fast transaction speeds, instant finality, and access to shared liquidity across multiple chains. 

Allocation:

  • Ecosystem and Community: 50.85 million MOVE

Vesting Progress: 24.03% completed

  • Unlocked Tokens: 2.40 billion MOVE
  • Locked Tokens: 7.60 billion MOVE

Cheelee (CHEEL)

  • Unlock Date: April 10
  • Tokens: 8.34 million CHEEL ($65.35 million)
  • About CHEEL: 

The Cheelee token (CHEEL) is the native cryptocurrency of the Cheelee platform, a GameFi short video platform launched in February 2023 by NUTSon. The platform follows an Attention Economy model, where users earn rewards by engaging with content, with more interaction leading to greater earnings. Cheelee also integrates NFTs, offering users free NFT-glasses upon registration and the opportunity to earn rarer NFTs and gaming tools as they progress. 

CHEEL aims to drive cryptocurrency adoption by enabling users to monetize their time on social media, positioning itself as a key player in the SocialFi space.

Allocation:

  • Advisors: 208,347 CHEEL
  • Reserve fund: 5.10 million CHEEL
  • Team: 2.78 million CHEEL
  • Community airdrop: 31,333 CHEEL
  • Private round: 27,779 CHEEL
  • Strategic round 2: 83,338 CHEEL
  • Strategic round 1: 111,117 CHEEL

Vesting Progress: 50.10% completed

  • Unlocked Tokens: 501 million CHEEL
  • Locked Tokens: 117.90 million CHEEL
  • Untracked Tokens: 381.10 million CHEEL

Aptos (APT)

  • Unlock Date: April 12
  • Tokens: 11.30 million APT ($60.18 million)
  • About APT: 

The APT token acts as both a utility and governance token within its ecosystem, serving as the native currency for transaction and network fees on the Aptos network. It also incentivizes validator nodes and project participants on Aptos by offering rewards.

Allocation:

  • Foundation: 1.33 million APT 
  • Core Contributors: 3.95 million APT
  • Investors: 2.80 million APT
  • Community: 3.21 million APT

Vesting Progress: 46.49% completed

  • Unlocked Tokens: 464.91 million APT
  • Locked Tokens: 535.09 million APT

Starknet (STRK)

  • Unlock Date: April 15
  • Tokens: 128.5 STRK ($19.87 million)
  • About STRK:

The STRK is important to Starknet, a platform created by StarkWare Industries to address Ethereum’s scalability challenges through STARK technology. 

Starknet provides limitless scalability for Ethereum applications while maintaining security and decentralization. STRK serves multiple functions, including covering transaction fees, influencing governance decisions, and enabling staking on the network.

Allocation:

  • Early Contributors: 67.73 million STRK
  • Investors: 60.32 million STRK

Vesting Progress: 14.93% completed

  • Unlocked Tokens: 1.49 billion STRK
  • Locked Tokens: 3.08 billion  STRK
  • Untracked Tokens: 5.42 billion STRK 

Arbitrum (ARB)

  • Unlock Date: April 16
  • Tokens: 93.65 million ARB ($31.48 million)
  • About ARB:

The ARB token serves as a utility token on the Arbitrum Network. Users can use ARB to cover transaction fees, and token holders play a role in governance, influencing decisions such as fund distribution and Security Council elections.

Allocation:

  • Investors: 36.52 million ARB
  • Team and Advisors: 57.13 million ARB

Vesting Progress: 34.74% completed

  • Unlocked Tokens: 3.47 billion ARB
  • Locked Tokens: 2.25 billion ARB
  • Untracked Tokens: 4.28 billion ARB

 ApeCoin (APE)

  • Unlock Date: April 17
  • Tokens: 15.38 million APE ($7.47 million)
  • About APE: 

ApeCoin is a decentralized token created by Yuga Labs to power art, gaming, and entertainment in web3. It’s governed by the ApeCoin DAO, allowing token holders to participate in decisions about the ecosystem’s growth. The Ape Foundation manages the token and supports community-driven projects, with the goal of fostering fair and inclusive development.

ApeCoin serves as a utility and governance token, enabling access to exclusive content, events, and services within the ecosystem. It also incentivizes developers to integrate ApeCoin into their projects, helping drive the growth of web3.

Allocation:

  • Launch Contributions 2 and 3: 1,545,136 APE
    • LC 2: 735,303 APE (0.07% of Total)
    • LC 3: 810,833 APE
  • BAYC Founders: 2.16 million APE
  • DAO Treasury: 7.34 million APE
  • Charity: 270,277 APE
  • Yuga Labs: 14.05 million APE

Vesting Progress: 81.77% completed

  • Unlocked Tokens: 817.69 million APE
  • Locked Tokens: 182.31 million APE

DeBridge (DBR)

  • Unlock Date: April 17
  • Tokens: 1.23 billion DBR ($34.99 million)
  • About DBR: 

deBridge is a decentralized finance (DeFi) protocol that allows assets and information to move seamlessly between different blockchains. It enables real-time transfers without the delays and risks of traditional liquidity pools. Validators in the deBridge network ensure the security and accuracy of these cross-chain transactions.

Allocation:

  • Community & Launch: 75.06 million DBR 
  • Validators: $40.00 million DBR million 
  • Strategic Partners: 340 million DBR
  • Foundation: 83.40 million DBR 
  • Core Contributors: 400.00 million 
  • Ecosystem Unlock: 192.40 million
  • LFG: 100 million DBR

Vesting Progress: 18.00% completed

  • Unlocked Tokens: 1.80 billion DBR
  • Locked Tokens: 8.20 billion DBR

Immutable (IMX)

  • Unlock Date: April 18
  • Tokens:  27.31 million IMX ($14.80 million)
  • About IMX:

The IMX token allows gas-free NFT minting and trading using zero-knowledge rollups in Immutable, ensuring security. It supports web3 gaming by providing seamless integration for developers and authentic digital asset ownership. 

IMX functions as a utility token, collecting fees, incentivizing contributors, and facilitating governance within the Immutable X ecosystem.

Allocation:

  • Project Development: 9.35 million IMX
  • Ecosystem: 17.96 million IMX

Vesting Progress: 88.18% completed

  • Unlocked Tokens: 1.76 billion IMX
  • Locked Tokens: 236.48 million IMX

Optimism (OP)

  • Unlock Date: April 30
  • Tokens:  32.21 million OP ($24.35 million)
  • About OP:

Optimism is the native token of the Optimism Network, a Layer 2 solution for Ethereum that makes transactions faster and cheaper. OP is mainly used for governance, allowing token holders to help make decisions about the network’s development and funding.

In addition to governance, OP tokens are used to reward users and developers to grow the ecosystem. Future uses of the token may include staking to further encourage participation and support the network’s growth.

Allocation:

  • Core Contributors: 17 million OP
  • Investors: 15.21 million OP

Vesting Progress: 32.66% completed

  • Unlocked Tokens: 1.40 billion OP
  • Locked Tokens: 450.97 million OP
  • Untracked Tokens: 2.44 billion OP 

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