The crypto market will welcome a major supply of new tokens. Notably, three major ecosystems, Jupiter (JUP), Optimism (OP), and Kamino (KMNO), will release previously locked supply.
These unlocks might lead to market volatility and could also influence price movements in the short term.
1. Jupiter (JUP)
- Unlock Date: July 28
- Number of Tokens to be Unlocked: 53.47 million JUP (0.76% of Total Supply)
- Current Circulating Supply: 3 billion JUP
- Total supply: 7 billion JUP
Jupiter is a decentralized liquidity aggregator on the Solana (SOL) blockchain. Its main goal is to optimize the route for trades by connecting to multiple decentralized exchanges (DEXs) and liquidity sources on Solana. Jupiter aims to provide users with the best prices for token swaps by finding the most efficient path through the available liquidity pools.
On July 28, the team will release 53.47 million tokens worth $32.19 million. Moreover, the unlocked tokens account for 1.78% of the current circulating supply.

Jupiter will distribute 38.89 million JUP tokens to the team. Furthermore, mercurial stakeholders will get 14.58 million tokens. This token unlock aligns with the network’s pattern of monthly cliff unlocks.
2. Optimism (OP)
- Unlock Date: July 31
- Number of Tokens to be Unlocked: 31.34 million OP (0.73% of Total Supply)
- Current Circulating Supply: 1.75 billion OP
- Total supply: 4.29 billion OP
Optimism is a layer 2 scaling solution for the Ethereum (ETH) blockchain that aims to improve transaction throughput and reduce gas fees. It is built using a technology called ‘Optimistic Rollups,’ which allows for faster and cheaper transactions while still relying on Ethereum’s security.
The network will unlock 31.34 million OP on July 31. The tokens represent 1.79% of the current circulating supply and are worth around $26 million.

Additionally, of the total unlocked supply, core contributors will get 16.54 million tokens. Meanwhile, investors will receive 14.8 million OP.
3. Kamino (KMNO)
- Unlock Date: July 30
- Number of Tokens to be Unlocked: 229.17 million KMNO (2.29% of Total Supply)
- Current Circulating Supply: 2.4 billion KMNO
- Total supply: 10 billion KMNO
Kamino Finance is a borrowing and lending protocol built on the Solana blockchain. It focuses on providing a solution for liquidity provision, offering users the ability to deposit assets into liquidity pools and earn rewards in return.
On July 30, 229.17 million KMNO tokens will enter the market. The supply is worth $14 million. In addition, these tokens account for 9.5% of the altcoin’s circulating supply.

The team will award the majority of the unlocked tokens, i.e, 145.83 million, to key stakeholders and advisors. Moreover, Kamino will give 83.33 million tokens to core contributors.
Besides these aforementioned token unlocks, other prominent unlocks that investors can look out for in the last week of July include Renzo (REZ), Gunz (GNZ), and Undeads Games (UDS).
The post 3 Token Unlocks to Watch in the Final Week of July 2025 appeared first on BeInCrypto.