30 亿美元的加密货币富矿：5 月代币涌入市场

根据 TokenUnlocks 的数据，随着 5 月的临近，来自七个不同项目的价值超过 30 亿美元的代币将被解锁。值得注意的是，Pyth 的 21.3 亿个 PYTH（12.4 亿美元）解锁量和 Aevo（前 Ribbon Finance）的 8.276 亿个 AEVO（12.4 亿美元）解锁量脱颖而出。这些代币解锁，无论是悬崖式的还是线性的，都将极大地影响加密货币市场的流动性和代币分配。

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

释放加密货币洪流：价值 30 亿美元的代币将在 5 月涌入市场

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.

当阳光照耀在翠绿的五月时，一场加密货币洪流即将到来。根据 TokenUnlocks 的数据，价值 30 亿美元的代币即将从七个不同的项目涌入市场，预示着加密货币格局的重大转变。

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.

引领这场代币解锁狂潮的是 Pyth，一个备受期待的 DeFi 预言机网络。成立仅六个月后，Pyth 将于世界标准时间 5 月 20 日下午 2 点向市场释放 21.3 亿个巨大的 PYTH 代币。按当前市场价格计算，此次解锁意味着注入了惊人的 12.4 亿美元流动性。

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 以其高质量、实时数据源而闻名，已将其解锁代币的很大一部分分配给生态系统发展和发行商奖励。剩余的代币将推动协议开发并通过私人销售进行拍卖。这次悬崖解锁只是系列中的第一个，另外 21.3 亿个代币计划于 2024 年 5 月发布，一年后进行最终解锁。

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.

紧随 Pyth 之后的是 Aevo，这是一个加密货币衍生品平台，以前称为 Ribbon Finance。 Aevo 的代币解锁策略结合了悬崖机制和线性机制。 5 月 15 日，8.276 亿个 AEVO 代币（12.4 亿美元）将一次性投放市场。随后，在接下来的 9 天内，每天将有 613 万个 AEVO 代币（920 万美元）滴入市场。

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 未锁定代币的分配主要针对 DAO Treasury、团队和首次私募投资者。与 Pyth 不同，Aevo 没有进一步计划的代币解锁，这表明这一 25 亿美元的流动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.

虽然 Pyth 和 Aevo 占了 30 亿美元解锁金额的大部分，但其他几个项目也将释放大量代币。 5 月 3 日，memecoin MEME 将释放 53.1 亿个代币（1.4795 亿美元），随后在接下来的 184 天内每天释放 49.47 个 MEME 代币（138 万美元）。

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.

以太坊竞争对手 Avalanche 将于 5 月 22 日发行 954 万个 AVAX 代币（3.2919 亿美元），分发给团队、基金会、战略合作伙伴，并空投 113 万个 AVAX（3881 万美元）。值得注意的是，MEME的悬崖解锁大部分将被空投，而线性解锁将主要有利于生态系统和投资者。

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 也将加入代币解锁派对。 Arbitrum 将于 5 月 16 日发行 9265 万个 ARB 代币（1.0376 亿美元），分配给团队、未来团队、顾问和投资者。另一方面，Aptos 将于 5 月 12 日向基金会、社区、核心贡献者和投资者发行 11.31 个 APT 代币（1.021 亿美元）。

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 亿美元的代币解锁财富中的最后一个是 ApeCoin，这是一种以 Bored Ape 为主题的加密货币。 5 月 17 日，ApeCoin 将发行 1560 万个 APE 代币（1997 万美元），主要流入财政部和 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.

这种前所未有的流动性注入无疑将以多种方式影响加密货币市场。代币的突然涌入可能会导致价格波动和交易活动增加。此外，将解锁代币分配给各个利益相关者（例如团队、投资者和生态系统）将决定这些项目的未来发展和治理。

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.

价值 30 亿美元的代币解锁是一个重大事件，凸显了加密货币格局的动态和不断发展的本质。随着行业的成熟，项目正在探索不同的代币经济模型，以激励参与、资助开发和分配奖励。即将到来的代币解锁浪潮提供了一个独特的机会来观察这些策略如何在现实市场条件下发挥作用。