Jupiter and Sign Both Unlock on April 28 — Two Very Different Risk Profiles

[bonk]

April 28 brings two simultaneous token unlocks with notably different characteristics. Jupiter will release 53.47 million JUP tokens valued at approximately $9.77 million, representing 1.53% of its released supply under a monthly cliff vesting schedule. The majority of Jupiter's unlock — 38.89 million tokens — goes to the team, with Mercurial stakeholders receiving the remaining 14.58 million. Team allocations in token unlocks are often watched carefully, as team members receiving newly vested tokens may choose to sell a portion to diversify holdings, though many projects impose additional informal lock-up expectations or public reputational pressure that discourages immediate selling.
Sign's unlock on the same day presents a more concentrated risk profile. The omni-chain attestation protocol will release 401.1 million SIGN tokens worth approximately $7.05 million — but that figure represents 20.78% of its current released supply, a significantly larger percentage dilution than Jupiter's unlock. Of those tokens, 150 million go toward community incentives and 45 million to the ecosystem, while the foundation receives 95 million and a combined 111 million go to backers and early team members. The size of the unlock relative to released supply makes Sign the unlock with the highest potential percentage impact on available float this week, even though its dollar value is smaller than Sui's release on May 1.

[kevin1]

"understanding who receives the tokens is key to assessing risk" — it's the VCs. it's always the VCs.