DoubleZero (2Z) Unlocks 1.66 Billion Tokens on 2 October
About 1.66 billion 2Z, worth roughly $106 million, unlock on 2 October, with 575 million going to Jump Crypto. Sui also unlocks 13 million SUI on 1 October.
DoubleZero (2Z) faces one of the largest token unlocks of the year on Friday, 2 October 2026, when 1.655 billion 2Z are released to early backers, the team and other insiders. That is 16.55% of the 10 billion maximum supply and, at about $0.064 per token on 30 September, worth roughly $106 million. Sui (SUI) also has a smaller scheduled unlock of about 13.3 million SUI on Thursday, 1 October.
Key takeaways
- 1.655 billion 2Z unlock on 2 October, split across seven groups. Jump Crypto gets the biggest share, 575 million.
- The unlock is large compared with the tokens already trading: about 5.1 billion 2Z are counted as circulating, so supply rises by roughly a third on that measure.
- 2Z has still risen about 17% over the past week, as traders bet ahead of the event, and fell about 7.5% in the last 24 hours.
- Sui's 1 October unlock of about 13.3 million SUI is routine, around 0.3% of released supply, worth roughly $16 million.
- Unlocks do not force anyone to sell, but they add supply that can be sold, which often weighs on price.
Who gets the 2Z
| Recipient | 2Z unlocked | Value at about $0.064 |
|---|---|---|
| Jump Crypto | 575 million | About $36.8 million |
| Malbec Labs | 350 million | About $22.4 million |
| Institutions | 300 million | About $19.2 million |
| Team | 250 million | About $16.0 million |
| Contributors | 100 million | About $6.4 million |
| Builders | 50 million | About $3.2 million |
| Validators | 30 million | About $1.9 million |
| Total | 1,655 million | About $106 million |
Values are snapshots at the 30 September price and will move with the market. Live price: $0.0642 (₹6.16).
What DoubleZero is
DoubleZero is building a dedicated network of high-speed fibre links for blockchains, so that validators, the computers that run networks such as Solana, can talk to each other faster and more reliably than over the public internet. The 2Z token is used to pay for and reward that network. Malbec Labs is the company that helped develop it, and Jump Crypto, the crypto arm of trading firm Jump, is among its biggest backers.
Why the unlock matters
When tokens unlock, the people who receive them are free to sell. Many projects raise money from investors at low prices, so those investors can still be in profit even after the price falls. An unlock this size, relative to the supply already trading, is one of the clearest risks for a token's price in the short term. It does not always lead to a fall, though. Traders often sell or bet against a token before the date, and some recipients hold or stake their tokens instead of selling. Our guide to what a token unlock is explains how vesting schedules work and how to check them.
Leveraged traders have been piling in. Open interest in 2Z futures has risen sharply in recent days, which can make moves in either direction more violent around the unlock.
Sui's smaller unlock
Sui releases tokens every month. The 1 October tranche of about 13.26 million SUI goes to early contributors (about 7.19 million), the community reserve (4 million) and Mysten Labs (about 2.07 million), the company that built Sui. At about $1.17 per SUI, that is roughly $16 million, small next to Sui's market cap of about $4.8 billion. SUI has had a strong month, up about 61% in 30 days. Track it on the SUI price in INR page.
What Indian investors should do
- Check the unlock calendar before buying a small token. A big unlock within weeks is a reason to wait or buy less.
- Avoid leverage around unlock dates. Sudden swings can liquidate positions. See how liquidation works.
- Where to buy. If you still want 2Z, check whether your exchange lists it, and read how to buy DoubleZero in India. Gains are taxed at 30% with 1% TDS on the sale.
See the live DoubleZero price in INR and today's movers on top gainers and losers.
FAQ
When is the DoubleZero (2Z) unlock?
Friday, 2 October 2026. About 1.655 billion 2Z are released.
How much 2Z is being unlocked?
1.655 billion 2Z, 16.55% of the 10 billion maximum supply, worth about $106 million at the 30 September price.
Will 2Z price fall after the unlock?
Nobody can know. Large unlocks add supply that can be sold, which often weighs on price, but some of the effect can come before the date and some recipients may not sell.
How big is the Sui unlock on 1 October?
About 13.26 million SUI, roughly $16 million at about $1.17 per SUI, or about 0.3% of released supply.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
