1/ 🚨Sep 2025: Record $12.8B in TGE Unlocks—Highest Monthly Value Since 2023🚨 Sep 2025 saw $12.8B in TGEs, surpassing the previous peak of $9B in Dec 2024. Top 5 TGEs since 2023: • $WLFI - $6.93B - Sep 2025 • $POL - $6.63B - Oct 2023 • $ARB - $6.42B - Mar 2023 • $PENGU - $4.30B - Dec 2024 • $STRK- $3.17B - Feb 2024 The Oct 2023 peak was led by $POL migration and $TIA launch, followed by peak TGE activity in Apr 2024 (16 tokens).

2/⭐️Sep 2025 also recorded the highest FDV at TGE: $61.4B ⭐️ This surpasses the previous peak of $58.9B in Feb 2024, which came just before April 2024's high-activity TGE cycle (16 tokens, $47.4B FDV). 💡Key insight: While April 2024 had the most token launches, September 2025 achieved higher FDV with fewer TGEs. This reinforces the shift toward larger-valuation token generation events. The combination of record unlock value ($12.8B) and record FDV ($61.4B) in the same month marks a significant shift in the token launch landscape. 📝Note : Data considers TGEs from tokens tracked at

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