Nillion leads the token unlock from September 22 to September 28. During this week around $1 billion worth of tokens will be unlocked into the circulating supply. This is a drastic drop from the previous week’s unlock of $5 billion. However, there are three token unlocks that will happen this week. Among the important ones are Nillion, Altlayer and Humanity Protocol unlocks.
Nillion to unlock 50 million tokens today
Nillion calls itself a “blind computer” network: a decentralized system that can store and process data while it remains encrypted (i.e., without any node seeing the raw data).
Its goal is to shift the trust model from “you trust me with your data” to “you trust cryptography to protect your data.”
Nillion is supposed to unlock more than 56 million NIL tokens, which is 5.68% of the total supply, into the market. The total value of the tokens unlocked will hit $17.9 million.
Alt layer to unlock nearly half the token supply
AltLayer is a decentralized protocol focused on rollups and scaling infrastructure for Web3.
Its central innovation is Restaked Rollups, which combines existing rollup stacks (like OP Stack, Arbitrum Orbit, zk stacks, Polygon CDK, etc.) with restaking mechanisms to enhance security, decentralization, and fast finality.
The project is scheduled to unlock more than 240 million tokens, which amounts to 2.4% of the total supply, on September 25. The tokens, which will be unlocked in 7 rounds, are expected to have a value of about $7 million.
Humanity Protocol will unlock 90 million tokens
Humanity Protocol is a blockchain/identity infrastructure project that provides decentralized identity verification that ensures participants are real humans, while preserving privacy.
Within its core mechanism lies Proof-of-Humanity (PoH). It is a concept that uses palm recognition/palm biometrics, combined with zero-knowledge proofs, to verify human uniqueness without revealing raw biometric data.
The protocol’s token H will unlock 91.67 million tokens, which is 0.92% of the total supply into the market tomorrow in two rounds. The 90+ million tokens launched will be worth about $5 million in market cap, based on the current market price.
While this week’s $1 billion in unlocks marks a sharp slowdown from the prior $5 billion wave, the spotlight remains on Nillion, AltLayer, and Humanity Protocol. As these projects release new supply into the market, investor sentiment will hinge on how well fundamentals and demand can absorb the pressure. Whether the unlocks trigger short-term volatility or pave the way for long-term growth will depend on how each ecosystem continues to build through the headwinds.”
