July 3 (Cointime) -According to Theblock,Crypto networks Optimism, Aptos and ApeCoin are set for significant token unlocks this month, releasing more than a combined $100 million worth of tokens into circulating supply.

ApeCoin will release 15.6 million APE tokens on July 17 — 4.23% of its circulating supply, worth $34.3 million. The majority ($16.2 million) of the unlocks will go to the project’s treasury, with $9.2 million going to developer Yuga Labs and $4.9 million to its founder.Layer 1 blockchain Aptos releases 4.5 million tokens on July 12, equivalent to 2.17% of its circulating supply — worth $33.9 million. Around $24 million will go to the community and $10 million to the Aptos Foundation.Ethereum Layer 2 Optimism, which recently changed its name to OP Mainnet, is releasing 24.2 million OP tokens on July 30. Representing 3.75% of the circulating supply, the unlock is worth $32.4 million. Approximately $17 million will go to core contributors and $15 million to investors.