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DYDX – Views on upcoming unlock

DYDX – Views on upcoming unlock

Discussing one of the biggest unlocks in the coming period

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Unlocks Calendar
Dec 21, 2022
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DYDX – Views on upcoming unlock
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Hello anon,

Below a research piece on how to prepare to the DYDX upcoming unlock, which could arguably be one of the most sizable in the coming period

UNLOCK INFORMATION

  • Around the 8th February 2023, DYDX will unlock 15% of its total supply (150m tokens worth c.$200m)

    • Circulating supply will reach 30% at the end of February 2023

  • From March 2023 to September 2023, the project will unlock 40% more

    • Circulating supply will reach 70% at the end of September 2023

  • The unlock will be mainly related to VCs / Private Sale investors and insiders

    • IDO price was $1 (note: information on seed / private sale round are not available)

EXTRA:

  • If interested to an excel database with past and future unlock dates of other 150 coins, feel free to reply to this email

VIEWS ON LIKELY EFFECT ON DYDX PRICE

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