WhiteBIT Coin (WBT)
WhiteBIT leads with one of the largest unlocks of the month. On May 13, the platform will unlock 39.49 million WBT, which is 12.1% of the total supply — amounting to about $1.16 billion. This single unlock constitutes an astonishing 27.4% of the project's market capitalization.

Currently, 69.7% of the total WBT supply has been unlocked, amounting to 318.46 million tokens worth approximately $9.37 billion. The token is trading at $29.44 with a slight increase of 0.85% at the time of writing.


The unlocking is primarily directed towards the WhiteBIT funds, which are set to receive all 39.49 million tokens in this round, accounting for 9.87% of the maximum supply.

Sui (SUI)
First in line is Sui, which will release 88.34 million tokens on May 1 — this is 0.88% of its total supply, estimated at $319.37 million or 2.72% of its market capitalization.
The tokens will be distributed across several categories: Community Reserves will receive 42.62 million SUI (4% of the round), and Stake Subsidies will receive 14.35 million (1.51%).

Currently, 32.5% of the supply (about 3.25 billion tokens) is unlocked, worth $11.7 billion. The remaining 33.4% — approximately 3.34 billion tokens valued at $12.07 billion — is yet to be unlocked.

PYTH Network (PYTH)
PYTH is preparing for a major release on May 20, unlocking 2.13 billion PYTH tokens, which accounts for 21.3% of the total supply and represents a solid 58.6% of its market capitalization — around $340.37 million.

These tokens are primarily distributed for ecosystem growth (1.13 billion tokens) and publisher rewards (537.53 million tokens).

Currently, 36.2% of the total supply — or 5.75 billion PYTH — has already been unlocked, estimated at $920.96 million. The current token price is $0.160, reflecting a slight increase of 0.57%.

Aptos (APT)
Aptos will unlock 11.31 million tokens on May 12, which will be 0.98% of the total supply. This is approximately $63.3 million or 1.83% of the market capitalization.

The tokens will be directed towards community distribution (3.21 million) and key contributors (3.96 million), with two more rounds planned.

To date, 41.4% of the supply — approximately 476.01 million APT — has been unlocked, amounting to $2.66 billion. The current price is $5.60, indicating a slight increase of 0.23%.

Ethena (ENA)
In May 2025 (exact date not specified), Ethena will unlock 94.19 million ENA tokens or 0.63% of the total supply, valued at $31.9 million, which is 1.69% of its market capitalization.

Of these, Ecosystem Incentives will receive 53.55 million tokens, and the Foundation will receive 40.64 million.

Currently, 37.3% of ENA is unlocked — around 5.69 billion tokens — worth $1.93 billion. ENA is trading at $0.339, although it recently fell by 5.33%.

Polyhedra Network (ZKJ)
Polyhedra is also preparing for a major unlock on May 19, releasing 15.5 million tokens, which represents 1.55% of the total supply and is worth about $33.25 million — a significant 25.7% of the project's market capitalization.

These tokens will primarily go towards funding Ecosystem & Network Incentives (8.47 million) and Community, Airdrop, and Marketing (2.61 million).

To date, 29.2% of ZKJ — or 307.94 million tokens — has been unlocked, amounting to $660.80 million. The token is trading at $2.15, with minimal movement this week.

Arbitrum (ARB)
ARB will unlock 92.63 million tokens on May 16, which will be 0.93% of the total supply, valued at $31.66 million, about 1.95% of the market capitalization.
This round will be allocated for Team & Advisors (56.12 million) and Investors (36.51 million).

To date, 35.9% of ARB has been unlocked, amounting to 3.68 billion tokens worth $1.26 billion. The token is priced at $0.342, with a slight decrease of 1.14%.

Saros (SAROS)
Saros plans a multi-round unlock on May 19, with 213.93 million tokens being released, representing 2.14% of its supply, valued at $28.06 million or 8.15% of its market capitalization.
Core Contributors will receive 54.06 million tokens, and Ecosystem Growth will receive 40.54 million in this round.

Currently, 34.8% of SAROS — or 3.69 billion tokens — has been unlocked, amounting to $484.53 million. The current token price is $0.131.

Jito Labs (JTO)
The unlocking of Jito is scheduled for May 7, when 11.31 million tokens will be released — 1.13% of the total supply, valued at $21.02 million or 3.51% of the project's market capitalization.

Currently, 28.1% of JTO — 280.95 million tokens — has already been unlocked, valued at $522.12 million. The token is trading at $1.86, reflecting a slight increase of 2.06%.

Starknet (STRK)
Finally, on May 15, Starknet will unlock 127.60 million tokens, which represents 1.28% of the total supply, valued at $19.54 million, making up 4.39% of its market capitalization.
The tokens will be distributed among early contributors (66.92 million) and investors (60.68 million).

Right now, only 16.2% of STRK is unlocked — 1.62 billion tokens, valued at $247.36 million. The token is priced at $0.153.

May is full of unlocking events that could introduce billions of dollars worth of tokens into circulation. These unlocks, while planned and anticipated, often lead to market volatility, especially for tokens with a large impact on market capitalization.