The crypto market is bracing for significant volatility as over $566 million worth of tokens are scheduled to be released in the last week of November 2025. Key projects like Hyperliquid (HYPE), Plasma (XPL), and Jupiter (JUP) are among those releasing substantial new supplies, which may impact their short-term price movements.
Here is a breakdown of the three major unlocks:
1. Hyperliquid (HYPE)
- Unlock Date: November 29
- Amount: 9.92 million HYPE (0.992% of Total Supply)
- Estimated Value: Approximately $327.35 million
- Circulating Supply Impact: Represents 2.66% of the current circulating supply.
- Allocation: All unlocked tokens are designated for core contributors.
- Project Overview: Hyperliquid is a high-performance decentralized perpetual futures exchange operating on its own Layer-1 blockchain.
2. Plasma (XPL)
- Unlock Date: November 25
- Amount: 88.89 million XPL (0.89% of Total Supply)
- Estimated Value: $17.53 million
- Circulating Supply Impact: Accounts for 4.74% of the current circulating supply.
- Allocation: The entire unlock will be directed toward ecosystem and growth initiatives.
- Project Overview: Plasma is a Layer 1 blockchain focused on efficient and scalable stablecoin transactions, featuring zero-fee USDT transfers and custom gas tokens.
3. Jupiter (JUP)
- Unlock Date: November 28
- Amount: 53.47 million JUP (0.53% of Total Supply)
- Estimated Value: Approximately $12.83 million
- Circulating Supply Impact: Represents 1.69% of the current circulating supply.
- Allocation: Tokens are primarily allocated to the team (38.89M JUP), with the remainder going to Mercurial stakeholders (14.58M JUP). This follows a monthly cliff vesting schedule.
- Project Overview: Jupiter is a decentralized liquidity aggregator on the Solana blockchain, optimizing trade routes across DEXs for better token swap prices.
Other Noteworthy Unlocks:
Investors should also monitor scheduled unlocks for projects including Artificial Superintelligence Alliance (FET), Aerodrome Finance (AERO), and IOTA (IOTA), which will further contribute to the overall supply release in the market's final week of November.
November 2025, Cryptoniteuae