In May 2024, over 40 projects are scheduled to unlock their tokens, totaling a staggering $5 billion in unlocked value.
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In May 2024, more than 40 projects are scheduled to unlock tokens, with a total unlocking value of up to $5 billion USD. According to Token Unlocks, the cryptocurrency industry in the coming month will unlock nearly $5 billion USD worth of tokens into the market. Among these, 9 projects will unlock from hundreds of millions to billions of US dollars in this round.
Notable token unlocking events
Unlock Token
May 01: dYdX (DYDX) unlocks 33.33 million tokens, valued at $70.7 million USD.
May 03: Sui (SUI) unlocks 805 million tokens, valued at $955 million USD.
May 03: Memecoin (MEME) unlocks 5.32 billion tokens, valued at $143 million USD.
May 12: Aptos (APT) unlocks 11.31 million tokens, valued at $101.3 million USD.
May 15: Starknet (STRK) unlocks 64 million tokens, valued at $81.3 million USD.
May 15: Aevo (AEVO) unlocks 827.6 million tokens, valued at $1.28 billion USD.
May 16: Arbitrum (ARB) unlocks 92.65 million tokens, valued at $102 million USD.
May 20: Pyth Network (PYTH) unlocks 2.13 billion tokens, valued at $1.24 billion USD.
May 22: Avalanche (AVAX) unlocks 9.54 million tokens, valued at $324.2 million USD.
Other token unlocking events
May 01:
StepN (GMT): $764,960 USD
Akash Network (AKT): $322,620 USD
ZetaChain (ZETA): $6.19 million USD
Pendle (PENDLE): $218,560 USD
Tornado Cash (TORN): $345,670 USD
Acala (ACA): $3.02 million USD
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
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
Euler (EUL): $429,360 USD
May 11:
Moonbeam (GLMR): $911,250 USD
May 15:
CyberConnect (CYBER): $7.75 million USD
Sei (SEI): $78.6 million USD
Uniswap (UNI): $64.5 million USD
May 17:
ApeCoin (APE): $19.97 million USD
Immutable (IMX): $53.87 million USD
Render (RNDR): $6.05 million USD
May 18:
Kadena (KDA): $107,300 USD
Oasis Network (ROSE): $16.29 million USD
May 19:
Pixels (PIXEL): $23.21 million USD
Algorand (ALGO): $417,800 USD
May 22:
SPACE ID (ID): $13.85 million USD
May 24:
Lybra (LBR): $41,470 USD
AltLayer (ALT): $38.7 million USD
May 26:
Polkadot ($DOT ): $2.7 million USD
May 27:
Yield Guild Games (YGG): $14.44 million USD
Axelar (AXL): $28.6 million USD
May 28:
SingularityNET (AGIX): $7.66 million USD
May 29:
Optimism (OP): $60 million USD
Echelon Prime (PRIME): $29 million USD
May 31:
Mina Protocol (MINA): $242,170 USD
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