MetaMask FDV Hits Multi-Billion Levels Amid Token Unlocks
Over $700 million in token unlocks are scheduled for June 1-7 2026, led by a $684 million HYPE release. Hyperliquid FDV sits near $106 per token with 9.
Summary
- Over $700 million in token unlocks are scheduled for June 1-7 2026, led by a $684 million HYPE release.
- Hyperliquid FDV sits near $106 per token with 9.9 million HYPE unlocking monthly through 2027.
- MetaMask tokenomics face scrutiny as MASK trades at multi-billion FDV levels during the unlock wave.
Investors face over $700 million in token unlocks from June 1-7 2026. A 9.92 million HYPE release on June 6 drives most of that total at a $684 million valuation. Pre-market MASK trading already sits at multi-billion FDV levels, so the releases hit high-FDV tokens hard right away.
June timing adds fresh supply pressure. Traders watch these dates against vesting calendars that stretch years ahead.
Context
Token unlocks release vested tokens on set dates. They boost available supply and shift price discovery when float stays limited. Many tokens already sit at stretched fully diluted valuations.
Hyperliquid and MetaMask MASK draw the most focus now. Their token structures decide how fresh supply meets current prices. The calendar lands amid wider caution on high-FDV assets.
Details
Hyperliquid relies on cliff vesting for HYPE. The next unlock after June hits on July 6 2026. Roughly 9.9 million HYPE tokens drop each month through 2027, according to CFBenchmarks data.
"FDV for Hyperliquid roughly $106 per token with 9.9m HYPE unlocking monthly through 2027."
, CFBenchmarks (Source)
MetaMask tokenomics face the same questions. MASK trades at multi-billion FDV levels while the June calendar alone moves more than $700 million in value. Mask Network finished its own vesting in 2024, yet traders still compare its valuation to the HYPE event.
Most vesting schedules end between 2027 and 2028. A few run longer according to DefiLlama records. The June 6 HYPE unlock stands out as the biggest single release in the window.
The overlap shows how unlocks test both Hyperliquid FDV math and MetaMask tokenomics assumptions at once.
Outlook
Investors should continue monitoring unlock calendars for high-FDV tokens, with the next Hyperliquid event set for July 6 2026.
