Pumpfun unlocks $86.49M in team and investor tokens as one-year lock expires, beginning three-year vesting period.
Ecosystem ·
Pumpfun completed its first team and investor token unlock today, releasing 57.279 billion PUMP tokens valued at approximately $86.49 million across 121 wallets. The unlock marks the expiration of a one-year lock-up period that had restricted these tokens since the project's initial allocation.
With the initial lock now expired, a three-year vesting schedule has begun for the released tokens. This structure staggers the further distribution of team and investor holdings over the coming years, extending the timeline before the full allocation becomes freely available.
The mechanics of the vesting period and the specific monthly or quarterly unlock schedule remain unclear from the available details. It is also unknown whether any additional lock-up or vesting tranches exist for other token holders or whether this unlock represents the sole planned release event for team and investor reserves.