deBridge DBR：10月17日免费赠送6.18亿代币，一次解锁十日的交易量

Detailed explanation of deBridge's lock-up release on October 17, 2026: Data, Tax and Investment Logic

Beijing time on October 17, 2026 at 11:37:12 UTC, the lock-up period for a total of 61833333 million DBR tokens in the deBridge agreement will be officially lifted. This quantity represents approximately 10.4% of current circulation; at October 5 prices, it is worth approximately US$11.9 million. However, for holders, the more useful indicator is not simply a percentage or dollar valuation, but the release amount of this batch is equivalent to approximately 10.5 days of the global DBR's average daily trading volume.

This article will sort out the specific date background of this release, analyze the sources of the six major capital pools that make up the batch, and explain why different data service providers will quote completely different percentage data for the same event. In addition, the article will also focus on two core issues that German investors are actually concerned about: the availability of DBR euro trading pairs and the tax authorities 'tax treatment of sales. It should be emphasized that this article does not involve any price direction forecast.

The exact event that happened at deBridge on October 17

The so-called "token unlocking" refers to the end of the lock-up period stipulated in the contract. Tokens that have existed since the launch of the project but have not been transferable before will become freely transferable at a specific point in time. The process does not create new tokens or force holders to sell, the only change is that from that moment on, the tokens can be moved.

In deBridge's timetable, this time is scheduled for Saturday, October 17, 2026, with a UTC timestamp of 11:37:12. This seemingly strange time point is neither a coincidence nor a clerical error, as the timestamp comes from the original moment when the token was first launched on October 17, 2024. Since then, each quarterly release batch has been postponed for several hours on this basis.

This is the eighth batch in the series of releases. The mechanism behind this is detailed in deBridge's project documentation and summarized in one sentence: "The allocated balance is subject to a 'three-year quarterly vesting, starting 6 months after TGE'." Among them, TGE refers to the Token Generation Event, which is the date when a token first exists and can be traded.

The project document specifies the mechanism and amount, but does not list specific dates for individual releases. The specific day and hour come from the public release plan tied to the smart contract. The two can be checked against each other, which is why the date is considered definite: the amounts from the first two releases exactly match the percentages in the project documents.

The role of deBridge and the role of DBR tokens

DeBridge is a cross-chain transmission protocol. Since there is no direct communication between blockchains, any user who wants to transfer value between different chains requires bridging services. deBridge runs a network that receives orders on one side of the chain and executes them on the other.

The DBR token itself exists on the Solana chain as an SPL token. SPL is the token standard for the chain, similar to ERC-20 on Ethereum. Therefore, anyone holding a DBR needs a wallet that supports Solana tokens.

关于代币的功能，项目文档主要通过治理来描述：即“通过充满活力的治理系统将权力移交给社区”。因此，DBR首先且主要是一个治理代币，即投票权。在六个分配类别中，验证者（Validators）的部分附带了一个条件：只要运营商继续保持可靠的表现，代币将按季度释放。但从发布计划中无法看出是否针对单个批次检查了这一条件。

六大资金池，单一释放批次：6.18亿DBR的来源

这6.1833333亿DBR并非单一持仓，而是同时到期的六个独立分配的总和。具体拆分如下：

• 生态系统（Ecosystem）：1.91666667亿 DBR
• 核心贡献者（Core Contributors）：1.33333333亿 DBR
• 战略伙伴（Strategic Partners）：1.13333333亿 DBR
• 社区与发行（Community & Launch）：0.83333333亿 DBR
• deBridge基金会（deBridge Foundation）：0.83333333亿 DBR
• 验证者（Validators）：0.13333333亿 DBR

这六个部分对应于项目文档中描述的十亿总供应量分配：生态系统占26%，社区与发行占20%，核心贡献者占20%，战略伙伴占17%，deBridge基金会占15%，验证者占2%。

In order to facilitate assessment of the impact of events, it is more useful to summarize items rather than list them separately. Three of these belong to projects and their related parties: ecosystems, communities and distribution, and foundations. The total was 358,333,333 million DBR, accounting for 58% of the batch. The remaining 259,999,999 million DBR, or 42%, went to core contributors, strategic partners and validators, i.e. teams, early backers and infrastructure operators.

This difference is not a detail. Tokens in a foundation or ecosystem treasury are typically used for incentive programs, liquidity or partnerships over a few months. In contrast, tokens in the hands of team members and early supporters can enter the exchange in a single block at any time. Anyone evaluating the batch should look at these two parts separately.

Why are three different percentages displayed at different data service providers on the same date?

When querying the data on October 17, the figures from different sources vary greatly: one place shows circulation of about 10%, the other shows about 17%, and the dollar valuation also varies by millions. All these numbers are mathematically correct. The reason is that no two data service providers set two variables in the same way:

First: Which circulating supply is used in the denominator

The percentage of released batches to total circulation is essentially the amount released divided by the amount circulated. However,"liquidity" is not an objective value. Some service providers count all unlocked tokens, while others deduct positions that are clearly located at project and foundation addresses and have not been moved. For DBR, the reported circulation volume on October 5 was approximately 5.93 billion pieces (a total of 10 billion). Calculated with this denominator, 618 million is exactly 10.43%. If a service provider uses 3.6 billion as the denominator (because it excludes project positions), the same release batch reading becomes about 17%.

Second: The price benchmark used in the calculation

The dollar value of the release batch is just a snapshot. DBR traded at approximately $0.0193 in the morning of October 5 and at approximately $0.0192 at noon. This fluctuation alone changed the value of the batch by approximately $100,000. Therefore, the number of "$11.9 million" is not a release of its own attributes, but an attribute of the moment someone looks at the data.

In practice, this means that percentages without a stated denominator are worthless, and the same holds true for dollar valuations without price levels.

Key indicator of holders: ratio of release to daily trading volume

As a percentage of liquidity sounds accurate, but it says little about whether the market can absorb that amount. There is a more robust measure that requires only two numbers: the value of the released batch and the daily transaction volume.

以DBR在10月5日的计算为例：所有交易场所的全球24小时交易额约为113万美元。当时该批次价值约1190万美元。相除后得出约10.5个交易日：这意味着全球DBR交易需要持续多长时间才能产生与该批次相当的交易量。

该指标随交易额波动，且波动明显。同日清晨，每日交易额仍约为101万美元；此时同一批次的释放量相当于不到12个交易日。 realistically，该值通常在10至12个交易日的范围内波动。如果在日期前一天重新计算，会得到另一个数字，这并不是方法的缺陷，而是其特点。

作为对比：对于大型代币和高交易量，每季度释放批次往往仅相当于单个交易日的一小部分。达到两位数天数的价值意味着，即使只有一小部分释放量进入市场，也会变得显而易见。

解锁不等于流通：截止后的代币去向

一个常见的误解是解锁的代币会自动进入市场。事实上，它们首先只是转移到受领人的控制之下。之后的事情由每个受领人自行决定。

The situation of the DBR can be seen through overall arithmetic. All cumulative releases since October 2024 have generated much more tokens than the reported circulating supply. The difference is in the addresses allocated to the project and foundation, and no funds have yet flowed into the trading venue. In pure arithmetic, assuming data service providers immediately account for all releases, reported circulation after October 17 will rise to approximately 6.55 billion DBR, or approximately 65% of total supply.

For your self-assessment, this means that after the date, focus on the actual movement of tokens rather than the calendar. Public blockchain data can show whether a token has moved from a home address to an exchange address. Only this step is a signaling action. This can be achieved using a blockchain browser or an analysis tool that monitors home addresses.

October 17 is not an isolated event, and the series of releases will last until January 2028

Anyone who views this date as a one-time event will measure too short. According to the quarterly plan, there will be four subsequent release batches of the same size, each time with a DBR of 618,3333 million:

• January 16, 2027
• April 18, 2027
• July 18, 2027
• October 17, 2027

The series will end on January 17, 2028 , when a smaller remaining batch, totaling 260 million DBRs, will be released. The remaining batch is small because the three parts allocated to the project will then be completely exhausted; only core contributors, strategic partners, and validators will remain.

由此可得一个冷静的视角：在接下来的十五个月里，算术上约有27亿DBR将从锁仓中释放，加上10月的批次。任何计划入场或离场的人都是在应对已知的日历，而非惊喜。这正是归属时间表与新闻事件的区别所在。

欧元交易场所与税务考量：授权与持有期

DBR的欧元交易与MiCA授权的意义

DBR在约二十家交易场所上市。绝大多数场所仅以美元稳定币USDT报价。直接的欧元交易对相对罕见，仅存在于个别提供商处；此外还有美元交易对，以及在Solana本身的去中心化交易场所。

对于德国投资者来说，这有两个实际后果。首先，如果没有欧元交易对，每一次购买和出售都会带来额外的兑换步骤，产生手续费和价差成本。其次，一种加密货币兑换另一种加密货币在税务上被视为单独的交易，而不仅仅是技术中转站。

自欧洲MiCA法规实施以来，积极面向欧盟客户的提供商需要获得成员国颁发的加密资产服务提供商授权。特定的交易场所是否拥有该授权，可以在欧洲证券监管机构ESMA的公共登记册中查询；关键在于您实际签订合同的公司，这在服务条款中会有命名。

It is worth noting that October 17th is Saturday. Although cryptocurrency transactions operate 24/7, customer service at many providers may be resting. Anyone wishing to trade during the weekend should complete verification, dual identity protection (2FA) and withdrawal limits set in advance rather than waiting until Saturday morning to process them.

Taxation of DBR gains: Holding period under Article 23 of the German Income Tax Law and a 1000 euro tax exemption

First of all, please rest assured that for private holders who do nothing, token unlocking itself will not trigger any tax liability. Tax-related is "disposal", which is the sale or conversion of euros into other cryptocurrencies.

The relevant framework is in the private disposal clause under Section 23 of the German Income Tax Act. The following three points determine the outcome:

One-year period

If there is more than twelve months between acquisition and sale, gains on private assets remain tax-exempt. During this period, income is taxed at the personal income rate rather than a fixed withholding rate. When calculating the term, the day the specific token was acquired is calculated, not the day it was unlocked.

Tax exemption

If the total proceeds of all private disposals in a calendar year are less than 1000 euros , no tax is required. This is an exemption ceiling, not a tax-exempt benefit: if it exceeds even one euro, all proceeds will become taxable.

Sales order

任何人如果在不同时间购买了DBR，需要可追溯地分配哪些代币被出售了。通常的方法，也是税务机关接受的方法是“先进先出”（FIFO）：最早购买的代币被视为最先出售的，这适用于每个钱包。如果使用多个钱包和交易所账户，需要在所有账户中保持清晰的记录。

本账号不能替代专业税务建议。对于大额资金、质押收入或空投代币，咨询专业人士是值得的。

该日期是否已经反映在价格中？

这个问题没有可证明的答案，但有两种合理的解读，都值得考虑。

第一种解读：日历已公开两年，季度节奏已知，专业市场参与者对此心知肚明。众人皆知的信息往往已经被纳入价格之中。此前七次同等规模的释放并未在价格中形成可读取的重复模式。

第二种解读：市场的吸收能力有限。以日均百万美元的交易额来看，即使是释放批次的一小部分售出份额，也足以在市场上显现。而那42%流向团队、伙伴和验证者的部分，不受任何支出义务约束。

None of the above has been established, and anyone who sets a target price for you for October 17 is making it up out of thin air. What can be established is the quantity, time, allocation ratio, and ratio to transaction volume. You don't need more information to make your own decisions, but you can't get less information.

deBridge Release: Your next step guide

1. Recalculate the release batch the day before the date.
   Divide the value of 618,333.3 million DBR by the daily transaction volume at the time. If the result is much less than 10 trading days, it means that the market depth has increased; if it is above this number, the opposite is true. You can read daily trading amounts in any trading venue or analytical platform comparison tool.
2. Determine trading channels before the weekend.
   Account status, dual identity protection and possible euro trading pairs should all be resolved in advance rather than waiting until Saturday morning. Details of which trading venues have European authorizations and their fees can be found in the comparison of regulated crypto exchanges.
3. Clarify your holding period before discussing a sale.
   Sales within 12 months of purchase are subject to tax, and beyond 12 months are exempt. People with uncertain purchase dates can be found in the transaction overview at the trading venue or used tax tools to make inquiries.

(As of October 5, 2026. This article does not constitute investment advice. Price and fee structures are subject to change; please check terms with your provider before purchasing.)