3 Token Unlocks to Watch in the First Week of May 2026
BeInCrypto
Major cryptocurrency projects including Hyperliquid, Ethena, and RedStone are scheduled to unlock significant token supplies during the first week of May 2026.Summary
The cryptocurrency market faces a substantial influx of liquidity in the first week of May 2026, with approximately $621.4 million in token releases. Key projects participating in these unlocks include Hyperliquid (HYPE), which will release 422,000 tokens to core contributors, and Ethena (ENA), which is unlocking 171.88 million tokens for investors and contributors. Additionally, the modular oracle protocol RedStone (RED) will distribute 40.85 million tokens among backers, contributors, and ecosystem developers. Investors are advised to monitor these events as they may trigger short-term market volatility.
(Source：BeInCrypto)