Hourglass Opens Withdrawals Dec 31 for Phase Two of Stable Deposit Event
Hourglass has confirmed that withdrawals for Phase Two of its Stable Deposit Event will open on December 31, 2025. The firm said it will publish further details on the withdrawal mechanism, eligibility criteria and verification steps ahead of the unlock. Hourglass described the phased rollout as a measure to expand redemption capability while preserving liquidity management and risk controls to protect participants and comply with regulatory expectations. Market participants are advised to monitor official Hourglass channels for the full terms, verification requirements and any eligibility changes tied to the phase implementation. Traders should note the scheduled redemption window as a potential liquidity event that could affect market depth around the unlock date.
Neutral
The announcement sets a fixed withdrawal date and promises additional terms and verification details to be published later. Because the update schedules a structured redemption window and emphasizes liquidity controls, it signals preparedness rather than an immediate liquidity shock. For the native token or product involved, this is likely neutral: traders may reposition ahead of the unlock, causing short-term volume or volatility, but the phased, compliance-focused rollout and unspecified token amounts reduce the chance of a sudden, large supply shock. Short-term impacts: possible increased trading volume and volatility as participants adjust positions before Dec 31, 2025. Long-term impacts: if Hourglass’s liquidity management and verification effectively prevent mass redemptions, confidence and token stability could be preserved; conversely, restrictive eligibility or poor execution could weigh on sentiment. Because key parameters (token amounts, APYs, participant numbers) remain undisclosed, the net market effect is uncertain, so classify as neutral until more data is released.