A Major Token Unlock Is Happening Today for This Altcoin: Hundreds of Millions of Tokens Are Being Released into the Market

A major unlock is scheduled for today on the DBR token of the cross-chain transaction protocol deBridge. According to DeFiLlama data, the transfer restriction on approximately 618.3 million DBR will be lifted. The dollar equivalent of the unlocked tokens is approximately $11.98 million at the time of writing. This amount fluctuates depending on the DBR price, while the amount of tokens planned for release remains fixed. The amount to be released represents approximately 6.18% of the total supply of 10 billion DBR. Based on DeFiLlama's current circulating supply of approximately 5.93 billion tokens, this figure rises to 10.43%.