BERA & HYPE Token Unlocks Feb 2026

Key Takeaways

HYPE unlocks 9.92 million tokens on February 6, 2026, valued at approximately $296–$305 million, representing 2.79% of circulating supply — the week’s largest unlock by dollar value.
BERA unlocks 63.75 million tokens on the same date, worth ~$28.8–$30 million, equivalent to 41.70% of circulating supply — the largest percentage unlock, distributed across investors (28.58M), core contributors (14M), community initiatives (10.92M), ecosystem/R&D (8.67M), and airdrop (1.58M).
Both are cliff unlocks (full release after vesting cliff ends), creating immediate supply pressure and potential short-term volatility.
Price impact depends on recipient behavior (hold vs. sell), organic demand absorption (fees, TVL, staking), and market conditions; high unlock-to-circulating ratios (especially BERA) elevate dilution risk.
Liquidity & hedging focus: monitor on-chain flows, volume, and whale activity post-unlock; use options, delta-neutral positions, or stablecoin rotation to manage downside.

BERA & HYPE Giant Unlocks – February 6, 2026

On February 6, 2026, two prominent Layer-1 ecosystems face significant token unlocks: Hyperliquid (HYPE) releasing 9.92 million tokens (~$296–$305M, 2.79% circulating supply) and Berachain (BERA) unlocking 63.75 million tokens (~$28.8–$30M, 41.70% circulating supply). These events rank among the largest scheduled unlocks of the week — HYPE by absolute dollar value, BERA by percentage of circulating supply.

Large unlocks inject substantial new supply into circulation, often triggering short-term selling pressure if recipients liquidate portions of their vested tokens. The actual price and liquidity impact, however, varies widely depending on tokenomics design, recipient behavior, ecosystem traction (TVL, fees, staking participation), and broader market sentiment.

This article analyzes unlock mechanics, post-release liquidity risks, and practical release-period risk management and price hedging strategies for traders and investors.

BERA Unlock Details & Tokenomics Context

BERA unlocks 63.75 million tokens on February 6, representing 41.70% of its circulating supply at the time. The distribution spans multiple stakeholder groups:

Investors: 28.58 million BERA
Initial core contributors: 14 million BERA
Future community initiatives: 10.92 million BERA
Ecosystem & R&D: 8.67 million BERA
Airdrop purposes: 1.58 million BERA

Berachain operates a Proof-of-Liquidity (PoL) consensus model, with tokenomics designed to incentivize liquidity provision, governance participation, and long-term ecosystem growth. The very high percentage unlock (41.7%) introduces material dilution risk, although the dollar value (~$29–$30M) is moderate relative to total market cap. Post-unlock price behavior will largely depend on whether recipients hold for staking/governance or sell into liquidity, as well as organic demand from TVL growth and protocol fees.

HYPE Unlock Details & Tokenomics Context

HYPE unlocks 9.92 million tokens on the same day, valued at ~$296–$305 million — the largest dollar-value unlock of the week but only 2.79% of circulating supply. This is the first major team/core contributor release in a structured monthly vesting schedule.

Hyperliquid’s tokenomics feature deflationary mechanics, protocol revenue buybacks, and community reward distribution. Core contributors vest over 24 months after an initial cliff, making this unlock relatively modest as a percentage but significant in absolute terms. Strong historical price performance and ongoing buyback activity may help absorb supply, although large dollar-value unlocks remain notable volatility catalysts.

Post-Unlock Liquidity Dynamics & Price Risks

Major unlocks introduce several interconnected risks:

Immediate Supply Shock — Cliff releases flood the market with new tokens, potentially overwhelming bid-side liquidity if demand is insufficient.
Dilution Pressure — High unlock-to-circulating ratios (especially BERA’s 41.7%) reduce per-token value unless offset by equivalent demand growth.
Recipient Behavior — Teams, investors, and contributors may sell to realize gains or manage tax/treasury obligations, amplifying downside.
Volatility Amplification — Low initial liquidity + sudden supply can cause exaggerated price swings and slippage.
Sentiment & FUD — Large unlocks often generate fear-of-dumping narratives, even when fundamentals remain intact.

Offsetting factors include staking incentives, protocol revenue buybacks, TVL/fee growth, and whale accumulation, all of which can help stabilize or absorb new supply.

Liquidity Management & Price Hedging Strategies

Pre-Unlock Preparation

Reduce directional exposure or hedge positions ahead of February 6 (e.g., buy puts, short perpetuals, or rotate to stablecoins).
Monitor on-chain recipient wallets and exchange inflows in the days leading up to the unlock for early sell signals.

Post-Unlock Execution

Watch & Wait — Observe the first 24–48 hours for volume, price action, and flow patterns. High volume with price stability often indicates absorption.
Delta-Neutral Hedging — Hold spot + short perpetuals/futures to earn funding while neutralizing directional risk.
Options Plays — Buy protective puts for downside coverage or volatility straddles if expecting large swings.
Stablecoin Rotation — Move portion of position to USDC/USDT during uncertainty to preserve capital.

Long-Term Positioning

Evaluate tokenomics strength: deflationary mechanisms, buybacks, staking rewards, and real utility (fees, TVL) determine post-unlock sustainability.
Accumulate on confirmed stabilization (higher lows, reduced selling pressure) rather than front-running the unlock.

Conclusion

The February 6, 2026 unlocks of HYPE (~$296–$305M, 2.79% circulating) and BERA (~$29–$30M, 41.70% circulating) represent significant supply events that could generate short-term volatility and selling pressure. While BERA’s percentage unlock is particularly large, HYPE’s absolute dollar value makes it the week’s headline risk.

Effective release-period risk management combines pre-unlock caution, post-unlock monitoring of on-chain flows and volume, and disciplined hedging (options, delta-neutral, stablecoin rotation). Projects with strong tokenomics — buybacks, staking incentives, and real ecosystem traction — are best equipped to absorb supply and stabilize prices over time.

Traders who manage risk aggressively and differentiate between short-term noise and long-term fundamentals can turn unlock events from threats into potential accumulation opportunities.

FAQs

When do the BERA and HYPE unlocks take place?

Both are scheduled for February 6, 2026 — HYPE at approximately 12:00 UTC, BERA later in the day.

How large are the unlocks relative to circulating supply?

HYPE: 9.92M tokens = 2.79% circulating supply (~$296–$305M); BERA: 63.75M tokens = 41.70% circulating supply (~$29–$30M).

What are the main risks after these unlocks?

Immediate supply shock, dilution, potential selling pressure from recipients, liquidity strain, and volatility spikes if demand fails to absorb new tokens.

How can traders hedge unlock risk effectively?

Use options (puts/straddles), delta-neutral positions (spot + short perps), stablecoin rotation, and strict position sizing; monitor on-chain flows and volume closely post-unlock.

What determines whether prices stabilize after the unlock?

Recipient holding vs. selling behavior, organic demand growth (fees, TVL, staking), buyback activity, deflationary mechanics, and overall market sentiment.