PROVE, HYPE and ENA Lead This Week’s $92.57 Million Crypto Token Unlock Schedule

Approximately $92.57 million in previously locked tokens is scheduled to enter circulation this week, August 3 through 9, across 37 projects. Three tokens account for the bulk of it: PROVE ($34.70 million), HYPE ($22.74 million), and ENA ($15.34 million) together make up close to 78% of the week’s total unlock value, leaving the remaining 34 tokens to split the other 22%.

Prices and market caps below reflect a snapshot taken August 3 at 4:30 AM UTC; given a full week’s worth of price movement ahead, these figures, and the resulting ratios, will drift as the week progresses. The broader Crypto token unlocks August 2026 schedule includes more than $323 million in planned releases across the month, with this week’s activity representing the first major wave.

The Top Three, and What’s Already Known About Them

PROVE’s case is the most structurally unusual of the three. Succinct is scheduled to unlock 312.49 million PROVE on August 5, and the dollar value of that single release, $34.70 million, actually exceeds the token’s own current market cap of roughly $32.48 million. That’s not a typo: with only 20% of PROVE’s total supply released so far, this is an early-stage cliff unlock large enough to be worth more than everything currently in circulation.

HYPE’s number needs the same caveat we’ve already reported: the $22.74 million reflects what Hyperliquid’s team has actually committed to claim, not the whitepaper-scheduled ceiling, which sits at roughly $520.72 million for this cycle, over 20 times larger. Tokenomist’s own tracking shows Hyperliquid’s team has consistently claimed a fraction of its theoretical unlock ceiling for months running, but a gap this wide is unusual even by that pattern’s own standard.

ENA’s $15.34 million unlock is smaller than the other two but still the week’s third-largest by dollar value, and it’s proportionally the lightest touch of the three: about 1.8% of ENA’s $853.36 million market cap, against PROVE’s cap-exceeding release and HYPE’s steep discount from schedule.

Where the Real Dilution Risk Sits

Ranking this week’s tokens by dollar value tells you what’s biggest. It doesn’t tell you which tokens have the most room left to dilute. For that, released percentage, how much of a token’s total supply is already circulating, is the more useful number, and it produces a different list entirely.

TokenReleased %This Week’s Unlock ValueAA6.40%$47.69MMT7.11%$803.73KPROVE20.00%$34.70MBABY24.53%$1.54MPUFFER27.12%$232.26K AA and MMT sit lowest, with less than 8% of their total supply released so far, meaning nearly all of their eventual circulating supply is still ahead of them, regardless of how small this week’s specific release looks in dollar terms. PROVE’s presence on this list is what makes its cap-exceeding unlock possible in the first place: a token this early in its vesting schedule can still move markets disproportionately when a cliff hits.

At the other end, several tokens are close to fully unlocked already:

TokenReleased %This Week’s Unlock ValueNTX97.71%$5.22KDCK97.64%$298.35NYM91.26%$30.57KNAVX90.78%$23.91KSVL88.71%$22.24K For these five, this week’s unlock is close to a formality. With well over 90% of total supply already circulating, there’s little dilution runway left no matter how the vesting schedule plays out from here.

One limitation worth naming directly: released percentage measures how much supply exists, not who’s holding the newly unlocked tokens. A team allocation and a community-rewards allocation carry very different selling-pressure risk even at an identical percentage.

HYPE and PROVE Are the Ones to Watch Once the Claims Actually Post

Scheduled unlock values are a ceiling, HYPE’s own pattern this year is the clearest example of that gap in practice. Whether PROVE’s cliff and HYPE’s under-claiming habit repeat past this week will show up in next week’s actual on-chain claim data, making those claims an important part of ongoing tokenomics vesting updates.