DefiLlama introduces "Token Unlock Tracking" feature to prevent getting trapped by sell-offs upon unlocking!

The online data website DefiLlama recently announced the launch of a "Token Unlock Tracking" feature, which not only provides detailed token data but also records major events that may affect token prices in the future, helping investors to prepare for price fluctuations before trading.

Introduction to the "Token Unlock Tracking" Feature by DefiLlama

On the token unlock page, DefiLlama lists token price, market cap, total supply, lockup ratio, and daily unlock amount from left to right, allowing users to access basic information about tokens promptly.

Furthermore, under the "Next Event" section, DefiLlama records significant events that may impact token prices. For instance, in the Aptos section, it notes a $36.88 million APT community token unlock scheduled for 4/12, while in the ApeCoin section, it records a $31.06 million APE ecosystem fund unlock set for 4/16.

Armed with this information, investors can be alerted to short-term price trends before making purchases, avoiding buying before a possible sell-off. Additionally, the relationship between lockup ratio and token market cap can serve as a reference to assess price reasonableness, determining whether the current price will become too high after successive token unlocks.

Upon selecting a token for search, more detailed information will be available. Apart from token distribution methods, investors can also discern the current stage of the token from the unlock chart, enabling more comprehensive judgment and token positioning.

The above is an introduction to the new feature by DefiLlama. For other features launched by DefiLlama, please refer to the list below:

1. DeFi Strategy List
2. Multi-Chain DEX Aggregator
3. Delta Neutral Trading Strategy List
4. Smart Contract Tracking Feature
5. Lending Protocol Llamalend
6. DeFi Wikipedia