Crypto Token Unlocks for May 2026

This month, over $466 million from the top token unlocks is expected.

Investors should stay updated on the top crypto token unlocks for the month, as these events can greatly impact market prices, investment decisions, and risk management strategies.

The total value of the top 10 token unlocks for May 2026 is going to be approximately $466.29M, with Hyperliquid dominating the volume for the month.

Token unlocks happen under specific conditions, allowing trading of previously restricted tokens. 

• This gradual release strategy discourages immediate selling by early stakeholders, promotes price stability, and aligns token holders’ interests with the project’s long-term success.

Here are the major token unlocks scheduled for this month.

Top Token Unlocks for May 2026

Hyperliquid (HYPE)

• How much will be liquidated: $399.318M
• When is the liquidation event: May 5
• What it is: Hyperliquid is a decentralized exchange (DEX) and high-performance Layer 1 blockchain optimized for trading perpetual derivatives with on-chain order books.

Aerodrome Finance (AERO)

• How much will be liquidated: $19.032M
• When is the liquidation event: May 6
• What it is: Aerodrome Finance is a next-generation automated market maker (AMM) and the central liquidity hub built on the Base network.

Avalanche (AVAX)

• How much will be liquidated: $15.184M
• When is the liquidation event: May 11
• What it is: Avalanche is a highly scalable, high-throughput Layer 1 smart contract platform designed for custom blockchain networks and decentralized applications.

Aptos (APT)

• How much will be liquidated: $11.52M
• When is the liquidation event: May 12
• What it is: Aptos is a high-performance Layer 1 blockchain utilizing the Move programming language to prioritize safety, scalability, and fast transaction times.

EigenCloud (EIGEN)

• How much will be liquidated: $6.681M
• When is the liquidation event: May 1
• What it is: Formerly known as EigenLayer, EigenCloud is an Ethereum-based restaking protocol that enables users to leverage their staked ETH to secure decentralized networks and services.

Linea (LINEA)

• How much will be liquidated: $4.894M
• When is the liquidation event: May 10
• What it is: Linea is a developer-ready zkEVM Layer 2 network built by Consensys to scale Ethereum with lower gas fees and fast finality.

Ethena (ENA)

• How much will be liquidated: $4.195M
• When is the liquidation event: May 2
• What it is: Ethena is a synthetic dollar protocol on Ethereum providing a crypto-native, yield-bearing stablecoin alternative known as USDe.

Movement (MOVE)

• How much will be liquidated: $2.845M
• When is the liquidation event: May 9
• What it is: Movement is an ecosystem of modular Move-based blockchains designed to combine smart contract security with highly scalable infrastructure.

Babylon (BABY)

• How much will be liquidated: $1.999M
• When is the liquidation event: May 9
• What it is: Babylon is a pioneering protocol that enables Bitcoin holders to stake their BTC to secure Proof-of-Stake (PoS) blockchains and earn yield.

Wormhole (W)

• How much will be liquidated: $622.69K
• When is the liquidation event: May 1
• What it is: Wormhole is a leading cross-chain interoperability protocol that enables the seamless transfer of arbitrary messages and assets across over 30 different blockchains.

This article is published on BitPinas: Crypto Token Unlocks for May 2026

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