EigenLayer $EIGEN Token Unlocks Today

📊 Eigen Token Unlock on Major Exchanges

Unlock Time and Exchange Listings: EigenLayer $EIGEN tokens will unlock at 5:00 am UTC on Oct. 1st, and begin trading on major centralized exchanges (CEXs) such as Binance, Coinbase, Kraken, OKX, and others shortly after.

Market Activity and Valuation: With a total supply of 1.67 billion, EIGEN’s fully diluted value could exceed $6.7 billion. Perpetual futures prices on Aevo and Hyperliquid for $EIGEN are around ~$4. Daily trading volume stands at $1M, not yet fully reflecting market demand.

Token Utility and Staking Benefits: EIGEN tokenholders can stake on EigenLayer to secure networks and earn rewards in ETH and EIGEN. As more protocols join, EigenLayer’s value locked has grown to $12 billion according to DefiLlama. Read More.

️ On today's Top Picks:

  1. 📈 Digital Asset Investment Products see $1.2b of inflows.
  2. 🗣️ US Ambassador calls on Nigeria to release Tigran Gambaryan.
  3. 📸 Jumper to snapshot September XPs for the Jumper Loyalty Pass.
  4. 🎣 Crypto Whale loses ~$32m due to phishing attack.

Read time: ⏰ 6 minutes


Crypto News


FTX Court Hearing to confirm reorganization plan on October 7th; if approved distribution payments to begin by the end of year.

• ⭐️ Digital Asset Investment Products see $1.2b of inflows; 3rd week in a row of inflows.

Ethereal Exchange proposes on Ethena $ENA Governance to launch spot & perpetual exchange built on Ethena's $USDe.

• ⭐️ US Ambassador calls on Nigeria to release jailed Binance executive Tigran Gambaryan.

Bithumb considers listing on the US Nasdaq in H2 2025 with Samsung Securities as the main underwriter.

Matrixport acquires Crypto Finance Group; now rebranded as Matrixport Asset Management AG.

Gitcoin applications for GG22 OSS Program are live.

Alpha


Monad posts, "gonna be a big week" on X.

Initia posts, "Initializing Mainnet ▓▓▓▓▓▓▓▓▓░░░░░ 69%" on X.

• ⭐️ Jumper to snapshot September XPs for the Jumper Loyalty Pass today (September 30th) at 00:00 UTC.

Caldera launches Meet the Metalayer: Space and Time quest on Layer3.

PumpBTC $pumpBTC launches on Base with launch partners $cbBTC, Aerodrome, & more.

Astherus adds support for PumpBTC $pumpBTC; Astherus previously selected for Binance Labs Incubation.

CARV Pass S6 ends on October 1st; rewards to be distributed on October 7th.

Airdrops


Weekly Airdrop Recap by Earndrop.

Telegram Airdrops by Earndrop.

• ⭐️ EigenLayer $EIGEN transferability enables tomorrow (October 1st) at 05:00 UTC.

Puffer to distribute 50% extra compensation in $PUFFER & bonus rewards due to EigenLayer $EIGEN airdrop error.

Scroll new subdomain appears; TGE & Airdrop potentially coming soon.

Karak launches Karak Foundation; Karak TGE & Airdrop potentially coming soon.

Morpho $MORPHO transferability coming soon.

Finance News


CleanSpark $CLSK restores 200 MW amid Hurricane Helene; remaining 165 MW to be restored by October 4th.

BRICS Alliance likely to accept 10 new countries at October Summit.

AT&T $T to sell stake in DirecTV to TPG for ~$7.6b in cash payments through 2029.

T-Mobile $TMUS pays $31.5m FCC settlement over multiple data breaches.

Security and Exploits


• ⭐️ Crypto Whale loses ~$32m due to signing malicious transaction in phishing attack.

ZachXBT alleges [@]ape_31 [@]60711 has stolen more than $650k from 250+ users on X.

Pike Finance allegedly rugs after previously raising $6.4m in presale; launches token with ~$10k in liquidity.

Token Unlocks


• Manta Network / 1.87m $MANTA / ~$2m / SEP 30
• dYdX / 8.33m $DYDX / ~$9m / OCT 01
• Maverick Protocol / 36.4m $MAC / ~$9m / OCT 01
• Sui / 64.19m $SUI / ~$113m / OCT 01
• ZetaChain / 53.89m $ZETA / ~$39m / OCT 01
• Galxe / 2m $GAL / ~$5m / OCT 01
• Cardano / 18.53m $ADA / ~$7m / OCT 02
• Ethena / 428.38m $ENA / ~$167m / OCT 02
• Immutable / 32.47m $IMX / ~$58m / OCT 04
• Neon / 53.91m $NEON / ~$20m / OCT 07
• Mode / 500m $MODE / ~$7m / OCT 07
• Hashflow / 13.62m $HFT / ~$2m / OCT 07


Funding


SecondLive raises $12m in Private funding led by Crypto[.]com Capital.

RD Technologies raises $7.8m in Series A funding.

Nodepay raises an undisclosed amount in funding from Elevate Ventures.

The Degen Farmer

Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!

PROTOCOLASSETSAPY
Pendle logoPendle (Ethereum)SUSDE(KARAK)50.76%
Tangible Arcana logoTangible Arcana (Re.al)ARCUSD48.87%
Extra Finance logoExtra Finance (Base)USDZUSDC38.95%
Aerodrome V1 logoAerodrome V1 (Base)USDZUSDC32.91%
Notional V3 logoNotional V3 (Ethereum)NUSDC28.28%
Merkl logoMerkl (Ethereum)USDCDYAD23.26%
Anzen V2 logoAnzen V2 (Ethereum)SUSDZ22.92%
Turbos logoTurbos (Sui)USDTUSDC21.98%
. . .

🟢 Polynomial Superchain Is Live

Trade 2.0: Polynomial recently introduced Trade 2.0, their flagship decentralized leverage trading platform offering gasless trading, cross-margin capabilities, and more. $BTC, $ETH, $SOL, $PEPE, $WIF, $SUI, and $AAVE markets are live with more markets coming soon!

Trading Points: Polynomial distributes 1,000,000 trading points daily! Allocation of trading points is based on factors such as trading volume, OI rebalancing, or [redacted].

Trading Fest🟢: From October 1st to December 31st, Polynomial will distribute 150,000 Optimism $OP tokens to traders on Polynomial trade. In addition, traders can earn other token rewards, a chance to win exclusive NFTs, and more surprises that will be shared soon.

👉 Explore Polynomial with Trade 2.0

. . .

That’s it for today’s edition! See you soon.

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