Key Token Unlock Events in May 2024
In May 2024, more than 41 projects are slated to unlock tokens, with a cumulative value nearing $5 billion USD.
Noteworthy Token Unlock Events in May 2024
According to data compiled from Token Unlocks and CryptoRanks, the cryptocurrency sector is expected to release approximately $5 billion USD worth of tokens into circulation next month. This includes 9 projects unlocking from hundreds of millions to billions of USD in this period.
Highlighted Unlock Events
- May 01 - dYdX (DYDX) unlocks 33.33 million tokens (11.72% of circulating supply), valued at $70.7 million USD.
- May 03 - Sui (SUI) unlocks 805 million tokens (62% of circulating supply), valued at $955 million USD.
- May 03 - Memecoin (MEME) unlocks 5.32 billion tokens (31.94% of circulating supply), valued at $143 million USD.
- May 12 - Aptos (APT) unlocks 11.31 million tokens (2.65% of circulating supply), valued at $101.3 million USD.
- May 15 - Starknet (STRK) unlocks 64 million tokens (8.79% of circulating supply), valued at $81.3 million USD.
- May 15 - Aevo (AEVO) unlocks 827.6 million tokens (752.36% of circulating supply), valued at $1.28 billion USD.
- May 16 - Arbitrum (ARB) unlocks 92.65 million tokens (3.49% of circulating supply), valued at $102 million USD.
- May 20 - Pyth Network (PYTH) unlocks 2.13 billion tokens (141.67% of circulating supply), valued at $1.24 billion USD.
- May 22 - Avalanche (AVAX) unlocks 9.54 million tokens (2.52% of circulating supply), valued at $324.2 million USD.
Other Significant Unlocks
April 30 - 1inch (1INCH): $9.13 million USD
April 30 - Manta Network (MANTA): $3.3 million USD
May 01 - StepN (GMT): $764,960 USD
May 01 - Akash Network (AKT): $322,620 USD
May 01 - ZetaChain (ZETA): $6.19 million USD
May 01 - Pendle (PENDLE): $218,560 USD
May 01 - Tornado Cash (TORN): $345,670 USD
May 01 - Acala (ACA): $3.02 million USD
May 01 - Ethena (ENA): $45.43 million USD
May 02 - yearn.finance (YFI): $779,480 USD
May 03 - Nym (NYM): $8.15 million USD
May 05 - Liquidity (LQTY): $736,230 USD
May 05 - Galxe (GAL): $19.67 million USD
May 06 - Heroes of Mavia (MAVIA): $30.71 million USD
May 07 - Hashflow (HFT): $3.92 million USD
May 08 - Ethereum Name Service (ENS): $24.1 million USD
May 09 - GMX (GMX): $10,820 USD
May 09 - Euler (EUL): $429,360 USD
May 11 - Moonbeam (GLMR): $911,250 USD
May 15 - CyberConnect (CYBER): $7.75 million USD
May 15 - Sei (SEI): $78.6 million USD
May 15 - Uniswap (UNI): $64.5 million USD
May 17 - ApeCoin (APE): $19.97 million USD
May 17 - Immutable (IMX): $53.87 million USD
May 17 - Render (RNDR): $6.05 million USD
May 18 - Kadena (KDA): $107,300 USD
May 18 - Oasis Network (ROSE): $16.29 million USD
May 19 - Pixels (PIXEL): $23.21 million USD
May 19 - Algorand (ALGO): $417,800 USD
May 22 - SPACE ID (ID): $13.85 million USD
May 24 - Lybra (LBR): $41,470 USD
May 24 - AltLayer (ALT): $38.7 million USD
May 26 - Polkadot (DOT): $2.7 million USD
May 27 - Yield Guild Games (YGG): $14.44 million USD
May 27 - Axelar (AXL): $28.6 million USD
May 28 - SingularityNET (AGIX): $7.66 million USD
May 29 - Optimism (OP): $60 million USD
May 29 - Echelon Prime (PRIME): $29 million USD
May 31 - Mina Protocol (MINA): $242,170 USD
