Noteworthy Token Unlocks for May 2023
According to Token Unlocks data, May 2023 will feature 21 major token unlocks, with a total value reaching $794 million.
Significant projects unlocking large amounts of tokens this month include:
- May 15 - BitDAO (BIT): 187.5 million tokens, representing nearly 2% of the total supply, valued at $92.8 million.
- May 28 - Avalanche (AVAX): 9.5 million tokens, or 1.325% of the total supply, with a value of $163 million.
- May 31 - Optimism (OP): 154 million tokens, worth $330 million at the current exchange rate. This amount represents 3.6% of the total OP supply.
Token Unlocks in the First Half of May 2023. Source: Token Unlocks
Additionally, other notable unlocks include:
- May 1 - 1inch (1INCH): $10,000 worth of tokens.
- May 3 - NYM (NYM): $16 million worth of tokens and Trader Joe (JOE): $50 million worth of tokens.
- May 5 - Liquity (LQTY): $1.1 million worth of tokens and Galxe (GAL): $13.2 million worth of tokens.
- May 7 - Tornado Cash (TORN): $1 million worth of tokens.
- May 9 - dYdX (DYDX): $16 million worth of tokens.
- May 10 - Euler (EUL): $300,000 worth of tokens.
- May 11 - Moonbeam (GLMR): $4 million worth of tokens.
- May 12 - Aptos (APT): $46 million worth of tokens.
- May 17 - ApeCoin (APE): $60 million worth of tokens.
- May 18 - Oasis (ROSE): $12 million worth of tokens.
- May 20 - ImmutableX (IMX): $18 million worth of tokens.
- May 25 - Ronin (RON): $14 million worth of tokens.
Token Unlocks in the Second Half of May 2023. Source: Token Unlocks
