More than $5.5 billion worth of cryptocurrencies are set to enter circulation in January, with ONDO, BGB, HYPE and TRUMP among the tokens behind the largest scheduled releases.

Data from Tokenomist’s token unlock tracker shows that roughly $2.5 billion of this total will be released via cliff unlocks, where tokens become available all at once, while about $3 billion will be distributed through linear unlocks that add supply gradually over time.

Token vesting typically involves locking allocations and releasing them according to a predefined schedule to limit sudden increases in circulating supply. These mechanisms often combine an initial lockup period with recurring unlocks, designed to align incentives over the longer term while reducing abrupt market disruption. Even so, sizable releases can sometimes affect short-term price behavior, particularly during periods of lower liquidity or fragile market sentiment.

Largest releases dominate the month

The four biggest unlocks in January come from Ondo (ONDO), Bitget Token (BGB), Hyperliquid (HYPE) and Official Trump (TRUMP), together accounting for about $1.94 billion, or roughly 35% of the month’s total scheduled unlocks.

Ondo represents the largest single event, with 1.9 billion tokens set to unlock on Jan. 19, valued at more than $840 million at current prices. According to Tokenomist, these tokens are allocated to founders, team members, the community and private investors. Bitget Token follows, with 140 million tokens worth close to $500 million scheduled for release on Jan. 26, split between team allocations and branding and promotional use.

Hyperliquid’s unlock is the nearest on the calendar, with 12.4 million tokens valued at $327 million set to be released for core contributors, making it the third-largest unlock of the month. At the time of writing, HYPE was trading at $26.41, up 5.7% over the previous 24 hours, indicating short-term price strength despite the upcoming increase in supply.

Supply growth adds to market focus

The official TRUMP memecoin is also slated for a notable release, with 50 million tokens worth about $270 million unlocking on Jan. 18 for founders and team members. While smaller than the ONDO and BGB events, this release still adds meaningfully to January’s overall supply expansion.

Taken together, these unlocks highlight a concentrated period of new token supply entering the market, keeping investor attention on how vesting schedules and broader liquidity conditions may interact over the coming weeks.

Sources:

https://cointelegraph.com/news/january-crypto-token-unlocks-ondo-bgb-hype-trump

https://tokenomist.ai/emission/crypto-market?interval=month

https://www.coingecko.com/en/coins/hyperliquid