Jakarta, Pintu News – Crypto tokens worth more than $572 million will hit the market in the next seven days. Notably, three large ecosystems-Hyperliquid (HYPE), Ethena (ENA), and RedStone (RED)-will add to the supply of new tokens in circulation as early as March 2026.
These token unlock events have the potential to add new liquidity to the market, but they can also trigger sharp price movements and increase volatility. With that in mind, here’s a summary of the points to note for each project.
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Ethena is a “synthetic dollar” protocol built on Ethereum (ETH). Its main product is USDe, a synthetic dollar stablecoin. Meanwhile, ENA serves as the governance token in the Ethena ecosystem.
The team will release 40.63 million ENA tokens on March 2 through a cliff vesting scheme. These tokens worth approximately $4.21 million are equivalent to 0.53% of the already released supply.

Hyperliquid is one of the leading decentralized perpetual futures exchanges running on its own Layer-1 blockchain. The platform emphasizes high performance through low latency, on-chain order books, and transaction finality of less than one second.
On March 6, the team will unlock 9.92 million HYPE worth approximately $316.64 million. This is equivalent to 2.72% of the released supply. All unlocked tokens will be allocated to core contributors.
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RedStone is a modular blockchain oracle protocol that supplies real-time trusted external data to smart contracts as well as decentralized finance (DeFi) applications across multiple blockchains.
On March 6, the team will release 40.85 million tokens worth approximately $6.04 million. The amount is equivalent to 16.13% of the released supply. The unlocked token supply will be divided into four allocations. Early backers will receive 26.42 million tokens. Core contributors will receive 5.56 million RED.
In addition, 5.54 million tokens will be allocated to ecosystem and data providers. Finally, 3.33 million tokens will be directed towards protocol development.
The entire unlocked supply will be allocated to Foundation. In addition to these three projects, Staika (STIK), Spectral (SPEC), and IOTA (IOTA) will also see an influx of new supply into the market in the first week of March.
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