Fasttoken's $91 Million Unlock Arrives August 18: Who Receives the FTN Tokens?

Brief Summary

• Unlock date: August 18, 2025, 8:00 AM Beijing time
• Amount unlocked: approximately 20 million FTN tokens
• Value unlocked: approximately $91.4–91.6 million (estimates vary slightly by data source)
• Share of circulating supply: approximately 2.08%
• Recipients: primarily the Founders allocation, released through monthly linear vesting
• Market context: over 94% of FTN's total supply was already in circulation before the unlock, which theoretically limits the dilution effect

What Is This Unlock?

According to on-chain token unlock trackers such as Token Unlocks and Tokenomist, Fasttoken (FTN) released roughly 20 million tokens on August 18, 2025, worth approximately $91 million at the time — about 2.08% of its circulating supply. This was one of several large unlock events that week (August 18–23), which also included LayerZero (ZRO), Kaito (KAITO), SOON, ZKsync (ZK), and Melania Meme (MELANIA). In dollar terms, FTN's release was the second-largest single unlock that month, trailing only Aptos (APT).

It's worth clarifying that this "August 18 unlock" is part of Fasttoken's established 2025 vesting schedule rather than a one-off, special release.

Who Actually Receives These FTN Tokens?

To answer "who gets the money," it helps to understand Fasttoken's overall token allocation structure. Based on Fastex's official whitepaper and third-party tokenomics trackers like Tokenomist, FTN's total supply (originally 1,000,000,000 tokens, reduced to 880,000,000 after a 120-million-token burn in October 2023) is divided as follows:

The roughly 20 million tokens released on August 18 correspond mainly to the monthly linear vesting of the Founders allocation. Following the cliff period after Fasttoken's TGE (Token Generation Event, January 18, 2023), this allocation entered a steady rhythm of releasing about 20 million tokens (roughly 2% of total supply) each month — which is why FTN sees a similarly sized "new supply" event almost every month. In other words, the recipients of the August 18 unlock are essentially the Fastex project team and early builders, not new outside investors or airdrop participants.

Why Was the Market Impact Expected to Be Limited?

Several market analyses ahead of the unlock — including from Cointribune and 8V Crypto Academy — pointed to two key factors:

1. Already-high circulating supply: Before this unlock, more than 94% of FTN's tokens were already circulating in the market. That means the added 2% supply was relatively small compared to the existing float, theoretically causing less marginal price impact than "low-float" tokens unlocking the same week, such as Starknet and Kaito.
2. Historical precedent: Some tracking platforms noted that FTN's price movement in the seven days following its previous unlocks was relatively muted, likely because the team's monthly release schedule is predictable — the market largely prices in the "next unlock" in advance, reducing the chance of a sudden supply shock.

That said, analysts also cautioned that even a "high-float, low-percentage" unlock can't fully rule out short-term selling pressure, especially during periods of weaker overall crypto market sentiment or thinner liquidity, when concentrated releases can still amplify volatility.

Fasttoken (FTN) Background

Fasttoken is the native token of the Fastex ecosystem, running on Bahamut — a Layer 1 blockchain using Proof of Stake and Activity (PoSA) consensus — and is developed and backed by the technology company SoftConstruct. FTN launched via IEO in January 2023 and has since been promoted for real-world use cases such as e-commerce, gaming payments, and cross-border settlement, rather than purely as a speculative asset. In October 2023, the project burned 120 million FTN in a single event (reducing total supply from 1 billion to 880 million tokens) as part of a longer-term deflationary mechanism.

Frequently Asked Questions

Q: Does the unlocked FTN immediately enter market circulation? A: "Unlocking" technically means the tokens are released from the vesting contract, giving the recipient — in this case, primarily founder wallets — the ability to freely transfer or trade them. It does not necessarily mean these tokens are immediately sold on the open market; that depends on the team's own decisions.

Q: Is this a one-time event, or does it happen repeatedly? A: Based on Fasttoken's monthly vesting schedule, unlocks of a similar size (around 20 million tokens, roughly 2% of supply) had already occurred multiple times before this and continued afterward on a regular basis — this is a routine part of the release schedule, not an isolated one-off event.

Q: Can regular investors receive tokens from this unlock? A: No. The tokens released on August 18 correspond to the Founders allocation and are not connected to airdrops, staking rewards, or public claims. Regular users cannot obtain FTN directly through this unlock event.

Q: Are the unlock figures reliable? A: The unlock date, amount, and value figures cited in this article are drawn primarily from public statistics published by third-party tokenomics trackers such as Token Unlocks and Tokenomist. Minor discrepancies between sources — such as the $91.4 million versus $91.6 million figures — reflect normal differences in real-time price conversion and fall within a typical margin of data-source variance.