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%
. . .

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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

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

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