Unlock Schedules Are the Calendar Behind “Supply”
Token metrics are not only about today’s circulating number. They are also about how that number might change through scheduled releases. Third-party trackers like DeFiLlama publish token unlock and vesting dashboards, including allocation categories and upcoming unlock events for Walrus Protocol.
A token unlock schedule is not a prediction tool. It is a disclosure tool. It helps you understand why circulating supply can rise over time even if the max supply never changes.
If you combine that lens with today’s market snapshot—price around $0.1507, market cap around $237.7M, and circulating supply around 1.577B—you get a fuller picture. The market is the “now.” The unlock calendar is the “structure.”