BearishENAEthenaEthenaEIGENEigenCloudEigenCloudMONMonadMonadZROLayerZeroLayerZero

2w ago on

MON is already trading below its public sale price and the real supply hit hasn't even landed yet. On November 24, 17.1B tokens will unlock (that's more than everything trading today) Here are 4 huge unlocks happening in November: 1. $MON (Nov 24), ~$365M This one goes to the team, investors and treasury. That's ~$365M of tokens against a ~$255M market cap, and circulating supply jumps 145% in a single day. The weird part is the chain itself is doing fine. DeFi deposits on Monad went from about $360M in July to almost $1B now (around $690M of that is stablecoins), but you'd never know it from the chart. 2. $ZRO (Nov 19), ~$39M LayerZero unlocks another 23.6M ZRO for core contributors and partners, about 5.9% of what's circulating. Last time ZRO dropped about 15% the week after. If it starts sliding before the 19th I'd take that as a warning. 3. $ENA (Nov 2 and 5), ~$54M combined Ethena has two unlocks back to back, about 266M ENA going to ecosystem incentives, the foundation, contributors and investors. ENA's been unlocking on a schedule like this for a while now. I'd watch how it handles the 2nd before guessing at the 5th. 4. $EIGEN (Nov 30), ~$7M 36.8M EIGEN goes to investors and early contributors, roughly 3.8% of circulating supply. Last unlock it barely moved, down under 3% over the week. So what actually decides how bad it gets? Last round ZRO dropped 15% and EIGEN kinda shrugged it off, and from what I can tell the difference was mostly whether buyers showed up. I'm honestly not sure where the buyers come from this month. We've got the jobs report on November 6, CPI on the 10th and Fed minutes on the 18th, and if those come in ugly it gets a lot harder. Monad is the one I'm really watching. If it sells off into the 24th and then bounces fast after… that tells me buyers soaked up the supply, and that's when I'd start taking it seriously.

NeutralENAEthenaEthenaBTCBitcoinBitcoinETHEthereumEthereumHYPEHyperliquidHyperliquidONDOPYTHSOLSolanaSolanaUSDCUSDTZETAZeta Global HoldingsZeta Global Holdings

9/28/2026 on

🗡️ What DeFi Shipped 🚢 (Sept 25): Nasdaq approved Pyth to distribute its stock-price data, Ondo added a way to tokenize existing shares, and Hyperliquid switched on borrowing. Here’s how those work, plus 7 more updates worth catching up on: • @HyperliquidX turned on manual borrows. You can now post HYPE or BTC as collateral and borrow USDC or USDT, with rates set by utilization. • @Ondo now lets approved institutions mint Ondo Stocks with shares they already hold, through @AlpacaHQ's Instant Tokenization Network. It's live on Ethereum and @BNBCHAIN. • @PythNetwork won Nasdaq approval to redistribute Nasdaq Basic through its data feeds. That puts licensed US equity prices on the same rails as its crypto feeds. • @Polymarket hired Zora's former CEO Jacob Horne to "make Polymarket DeFi great again." @shayne_coplan admits the onchain product has waned while the team focused on the US. • @zetachain holders voted to migrate ZETA to Solana, with 99.4% in favor. The team is folding its L1 and betting everything on @anumaai, its private AI app. • @stablecoin_x's 48-month lock-up on its ENA is permanently waived from October 5. Its stack is ~3.03B ENA, about 20% of supply, although any sale still needs @ethena Foundation consent. • @variational_io says its $VAR TGE will occur in Q4 2026, with 32% of the total supply airdropped to users based on Variational points. • @jumperapp is getting a token. solana:Aybt5BWuW6kMNt7Jk1UmSgLzpEKev5pEnh82TA5rpump was announced days after a perps waitlist went up. • @Trueo_ is moving its prediction market from @base to Ethereum mainnet, pointing to deeper integrations and its next oracle system. TRUE holders can migrate with no deadline. • @longdotxyz says it will act as an incubator, not a launcher, working with top stock-pair teams to build their own moats. Stricter "PVE" protections like ticker locks are coming too. An L1 voted itself out of existence, and a prediction market is leaving Base for Ethereum mainnet. Nobody's loyal to infrastructure anymore, esp when it's so easy to bridge and shift tokens around. They go wherever the users and the liquidity already are.