Jupiter Optimism Kamino Unlock 314M Tokens July 2025 Total $72M Risk Volatility Jupiter 1.78% Optimism 1.79% Kamino 9.5% Supply Releases Drive Market Pressure

Jupiter (JUP) will unlock 53.47 million tokens on July 28, 2025, representing 1.78% of its circulating supply and valued at $32.19 million. This event is part of a broader wave of token unlocks involving Optimism (OP) and Kamino (KMNO), with combined releases totaling over 314 million tokens and $72 million in value. The unlocks, scheduled across late July, could introduce short-term volatility to the crypto market due to increased supply pressures [1].

The Jupiter unlock follows a monthly cliff release pattern, distributing tokens to the project’s team (38.89 million) and mercurial stakeholders (14.58 million). As a decentralized liquidity aggregator on Solana, Jupiter’s role in optimizing trade routes across decentralized exchanges means the unlocked tokens may enhance liquidity in the ecosystem while potentially exerting downward pressure on JUP’s price in the near term. The timing of the unlock aligns with broader market activity, as Kamino unlocks 229.17 million KMNO tokens (9.5% of its supply) on July 30 and Optimism releases 31.34 million OP tokens (1.79% of supply) on July 31 [1].

The Kamino unlock, the largest among the three, carries the most immediate risk of market impact. With 145.83 million tokens allocated to key stakeholders and advisors, and 83.33 million to core contributors, the release could amplify liquidity challenges for the Solana-based lending protocol. Optimism’s unlock, meanwhile, supports its Ethereum scaling efforts via Optimistic Rollups, with 16.54 million tokens directed to core contributors and 14.8 million to investors. Both projects frame the unlocks as essential for funding development and ecosystem incentives [1].

Analysts note that token unlocks inherently increase circulating supply, which may lead to price corrections if market demand fails to absorb the additional tokens. The July unlocks collectively represent a significant portion of the circulating supplies for each project, with Kamino’s 9.5% release being particularly notable. Investors are advised to monitor not only these three unlocks but also smaller releases from Renzo (REZ), Gunz (GNZ), and Undeads Games (UDS), which could compound market fluctuations in the final week of July [1].

For Jupiter, the unlock’s impact may hinge on how the market interprets the distribution of tokens. While liquidity aggregation remains a key use case for JUP, the introduction of 1.78% more supply could test price resilience, especially if selling pressure exceeds demand. The project’s team and stakeholders hold a combined 53.47 million tokens, raising questions about potential market participation post-unlock. However, Jupiter’s role in facilitating cross-DEX trading could mitigate some downward pressure by attracting increased transaction volume [1].

Investors are encouraged to track unlock schedules and assess distribution allocations to anticipate market behavior. The COINOTAG platform has highlighted the importance of understanding these dynamics for risk management and strategic positioning. While token unlocks are a routine aspect of blockchain ecosystems, their timing and scale in late July 2025 could create a concentrated period of volatility.

Source: [1] [Jupiter (JUP) Token Unlock in July Could Influence Market Amid Major Crypto Supply Releases July 28, 2025] [https://en.coinotag.com/jupiter-jup-token-unlock-in-july-could-influence-market-amid-major-crypto-supply-releases/].