Nine Crypto Token Unlocks Hit Markets May 4-10 With Over $464M Combined Release

Nine major crypto token unlock events are scheduled between May 4 and May 10, 2026. Altogether, they release over $464 million into active circulation. Rain leads the pack with a $377.30 million unlock on May 10. Capx AI’s 9.65% supply release on May 5 is the largest by percentage. The week stacks crypto supply pressure across multiple crypto categories, and traders watching these tokens have a heavy calendar to track.

MAJOR UPCOMING TOKEN UNLOCKS#Hyperliquid $HYPE #OfficialTrump $TRUMP #Ethena $ENA #CapxAI $CAPX #Jito $JTO #SpaceandTime $SXT #ADIChain $ADI #Rain $RAIN #Linea $LINEA pic.twitter.com/2YifEe6c2I

— PHOENIX – Crypto News & Analytics (@pnxgrp) May 4, 2026

May 4: Hyperliquid and Official Trump Open the Week

The week starts today with two events. Hyperliquid (HYPE) releases 216.58K tokens worth $9.06 million. Official Trump (TRUMP) unlocks 904K crypto tokens worth $2.12 million. Both are small as a percentage of total supply (0.02% for HYPE, 0.09% for TRUMP), so neither is likely to move markets on its own.

These are the regular scheduled crypto releases that happen in small batches without much price impact

May 5: Ethena and Capx AI Bring Real Pressure

Ethena (ENA) unlocks 171.84M tokens worth $18.12 million on May 5, representing 1.15% of supply. That’s a meaningful release for a project of Ethena’s size, though not massive in percentage terms.

The bigger story on May 5 is Capx AI. The project releases 96.50M CAPX tokens worth $15.34 million, representing 9.65% of total supply. That’s the largest percentage unlock of the entire week. When you increase circulating supply by nearly 10% in a single event, the crypto market has to absorb that additional float somewhere. How CAPX handles the unlock will say a lot about holder behavior.

May 7-9: Jito, Space and Time, and ADI Chain

Jito (JTO) unlocks 11.31M tokens worth $4.51 million on May 7, representing 1.13% of supply. Space and Time (SXT) follows on May 8 with 387.25M tokens worth $6.04 million at 7.75% of supply. ADI Chain releases 6.99M tokens worth $28.16 million on May 9 at just 0.70% of supply.

Space and Time’s 7.75% release is the second-largest percentage unlock of the week. ADI Chain’s $28.16M dollar worth of token release is also big.

May 10: Rain Drops the Biggest Crypto Unlock of the Week

Rain releases 50.28B tokens worth $377.30 million on May 10. That’s the largest unlock by dollar value of the entire week and represents 4.37% of supply. Linea also unlocks the same day with 1.01B tokens worth $3.67 million at 1.42% of supply.

Rain’s $377M unlock is large enough that the market reaction will be visible. A release of that scale doesn’t get absorbed quietly. Whether holders distribute the tokens, sell them, or sit on them will set the tone for Rain’s price action through mid-May.

Outlook for Crypto Market

Nine crypto unlocks across seven days release over $464M into circulation. Rain’s $377M release leads by dollar value. Capx AI’s 9.65% supply release leads by percentage. The week stacks pressure across multiple sectors, with HYPE, ENA, JTO, and LINEA among the names traders are tracking

Calendars like these usually produce mixed outcomes, with some crypto tokens absorbing supply cleanly and others showing real price weakness in the days that follow.