30 億美元的加密貨幣富礦：5 月代幣湧入市場

根據 TokenUnlocks 的數據，隨著 5 月的臨近，來自七個不同項目的價值超過 30 億美元的代幣將被解鎖。值得注意的是，Pyth 的 21.3 億個 PYTH（12.4 億美元）解鎖量和 Aevo（前 Ribbon Finance）的 8.276 億個 AEVO（12.4 億美元）解鎖量脫穎而出。這些代幣解鎖，無論是懸崖式的還是線性的，都將極大地影響加密貨幣市場的流動性和代幣分配。

Unlocking a Torrent of Crypto: $3 Billion Worth of Tokens to Flood the Market in May

釋放加密貨幣洪流：價值 30 億美元的代幣將在 5 月湧入市場

As the sun beams down upon the verdant month of May, a crypto deluge is on the horizon. According to TokenUnlocks data, a staggering $3 billion worth of tokens are poised to flood the market from seven distinct projects, heralding a significant shift in the crypto landscape.

當陽光照耀在翠綠的五月時，一場加密貨幣洪流即將到來。根據 TokenUnlocks 的數據，價值 30 億美元的代幣即將從七個不同的項目湧入市場，預示著加密貨幣格局的重大轉變。

Leading the charge in this token unlocking frenzy is Pyth, a highly anticipated DeFi oracle network. Mere six months after its inception, Pyth will unleash a colossal 2.13 billion PYTH tokens into the market on May 20th at 2 pm UTC. At current market prices, this unlock represents a staggering $1.24 billion infusion of liquidity.

引領這場代幣解鎖狂潮的是 Pyth，一個備受期待的 DeFi 預言機網路。成立僅六個月後，Pyth 將於世界標準時間 5 月 20 日下午 2 點向市場釋放 21.3 億個巨大的 PYTH 代幣。以當前市場價格計算，此次解鎖意味著注入了驚人的 12.4 億美元流動性。

Pyth, known for its high-quality, real-time data feeds, has allocated a substantial portion of its unlocked tokens to ecosystem growth and publisher rewards. The remaining tokens will fuel protocol development and be auctioned off through private sales. This cliff unlock is just the first in a series, with another 2.13 billion tokens scheduled for release in May 2024, followed by a final unlock a year later.

Pyth 以其高品質、即時資料來源而聞名，已將其解鎖代幣的很大一部分分配給生態系統發展和發行商獎勵。剩餘的代幣將推動協議開發並透過私人銷售進行拍賣。這次懸崖解鎖只是系列中的第一個，另外 21.3 億個代幣計劃於 2024 年 5 月發布，一年後進行最終解鎖。

Not far behind Pyth is Aevo, a crypto derivatives platform formerly known as Ribbon Finance. Aevo's token unlock strategy combines both cliff and linear mechanisms. On May 15th, 827.6 million AEVO tokens ($1.24 billion) will hit the market in a single tranche. Subsequently, an additional 6.13 million AEVO tokens ($9.20 million) will be drip-fed into the market daily for the next nine days.

緊隨 Pyth 之後的是 Aevo，這是一個加密貨幣衍生性商品平台，以前稱為 Ribbon Finance。 Aevo 的代幣解鎖策略結合了懸崖機制和線性機制。 5 月 15 日，8.276 億個 AEVO 代幣（12.4 億美元）將一次性推出市場。隨後，在接下來的 9 天內，每天將有 613 萬個 AEVO 代幣（920 萬美元）滴入市場。

The allocation of Aevo's unlocked tokens primarily targets the DAO Treasury, the team, and initial private sale investors. Unlike Pyth, Aevo has no further scheduled token unlocks, suggesting that this $2.5 billion liquidity event is a one-time occurrence.

Aevo 未鎖定代幣的分配主要針對 DAO Treasury、團隊和首次私募投資者。與 Pyth 不同，Aevo 沒有進一步計劃的代幣解鎖，這表明這一 25 億美元的流動性事件是一次性事件。

While Pyth and Aevo account for the bulk of the $3 billion unlock, several other projects are also set to release significant tranches of tokens. On May 3rd, the memecoin MEME will unleash 5.31 billion tokens ($147.95 million), followed by a daily drip of 49.47 MEME tokens ($1.38 million) for the next 184 days.

雖然 Pyth 和 Aevo 佔了 30 億美元解鎖金額的大部分，但其他幾個項目也將釋放大量代幣。 5 月 3 日，memecoin MEME 將釋放 53.1 億個代幣（1.4795 億美元），隨後在接下來的 184 天內每天釋放 49.47 個 MEME 代幣（138 萬美元）。

Ethereum competitor Avalanche is set to release 9.54 million AVAX tokens ($329.19 million) on May 22nd, distributed among the team, foundation, strategic partners, and an airdrop of 1.13 million AVAX ($38.81 million). Notably, the majority of MEME's cliff unlock will be airdropped, while the linear unlock will primarily benefit the ecosystem and investors.

以太坊競爭對手 Avalanche 將於 5 月 22 日發行 954 萬個 AVAX 代幣（3.2919 億美元），分發給團隊、基金會、戰略合作夥伴，並空投 113 萬個 AVAX（3881 萬美元）。值得注意的是，MEME的懸崖解鎖大部分將被空投，而線性解鎖將主要有利於生態系統和投資者。

Ethereum L2 Arbitrum and Aptos will also join the token-unlocking party. Arbitrum will release 92.65 million ARB tokens ($103.76 million) on May 16th, allocated to the team, future team, advisors, and investors. Aptos, on the other hand, will release 11.31 APT tokens ($102.1 million) on May 12th for the foundation, community, core contributors, and investors.

以太坊 L2 Arbitrum 和 Aptos 也將加入代幣解鎖派對。 Arbitrum 將於 5 月 16 日發行 9,265 萬個 ARB 代幣（1.0376 億美元），分配給團隊、未來團隊、顧問和投資者。另一方面，Aptos 將於 5 月 12 日向基金會、社區、核心貢獻者和投資者發行 11.31 個 APT 代幣（1.021 億美元）。

Rounding out the $3 billion token unlock bonanza is ApeCoin, the Bored Ape-themed cryptocurrency. On May 17th, ApeCoin will release 15.6 million APE tokens ($19.97 million), primarily flowing into the treasury and Yuga Labs.

30 億美元的代幣解鎖財富中的最後一個是 ApeCoin，這是以 Bored Ape 為主題的加密貨幣。 5 月 17 日，ApeCoin 將發行 1,560 萬個 APE 代幣（1,997 萬美元），主要流入財政部和 Yuga Labs。

This unprecedented liquidity injection will undoubtedly impact the crypto market in multiple ways. The sudden influx of tokens could lead to price volatility and increased trading activity. Additionally, the allocation of unlocked tokens to various stakeholders, such as teams, investors, and ecosystems, will shape the future development and governance of these projects.

這種前所未有的流動性注入無疑將以多種方式影響加密貨幣市場。代幣的突然湧入可能會導致價格波動和交易活動增加。此外，將解鎖代幣分配給各個利害關係人（例如團隊、投資者和生態系統）將決定這些項目的未來發展和治理。

The $3 billion token unlock is a significant event that underscores the dynamic and ever-evolving nature of the cryptocurrency landscape. As the industry matures, projects are exploring diverse tokenomics models to incentivize participation, fund development, and distribute rewards. The upcoming wave of token unlocks provides a unique opportunity to observe how these strategies play out in real-world market conditions.

價值 30 億美元的代幣解鎖是一個重大事件，凸顯了加密貨幣格局的動態和不斷發展的本質。隨著行業的成熟，專案正在探索不同的代幣經濟模型，以激勵參與、資助開發和分配獎勵。即將到來的代幣解鎖浪潮提供了一個獨特的機會來觀察這些策略如何在現實市場條件下發揮作用。