Upcoming Crypto Token Unlocks in July 2026: $376.39M in Supply Across 145 Crypto Projects

July 2026 includes 145 tokens with upcoming unlocks, based on prices as of July 1, 2026 at 04:37 AM UTC. The combined July unlock value is approximately $376.39 million, reflecting a broad distribution of supply events across infrastructure, DeFi, AI, gaming, and utility tokens.

In contrast to the $580.33M across 144 projects observed in June 2026, July’s unlock wave is smaller in aggregate notional value but still meaningful at the individual token level, especially where unlocks represent a high percentage of market cap. The July figures provide per‑token fields for name, price, reported market cap, released percentage, and total unlock value, enabling granular tokenomics and dilution analysis.

Major Token Unlock Events

A small group of tokens dominate July’s total unlock value, collectively accounting for the bulk of the $376.39M monthly total.

• PUMP – $116.70M Unlock: PUMP has the largest scheduled unlock in July 2026 at approximately $116.70 million, with a token price around $0.001415 and a reported market cap of $573.54 million. With 43.00% of its supply already released, this unlock represents a very high unlock‑to‑market‑cap ratio and a major expansion in circulating supply, making PUMP one of the highest near‑term dilution risks this month.
• HYPE – $29.37M Unlock: HYPE is set to unlock about $29.37 million in tokens at a price of $64.97, against a reported market cap of roughly $14.45 billion. Despite the large absolute size, this unlock is small relative to market cap (well under 1%), and with 44.51% of supply released, it mainly influences trading flows and sentiment rather than long‑term tokenomics.
• H – $22.26M Unlock H Network’s upcoming unlock totals around $22.26 million, with the token trading near $0.084 and a market cap of about $155.15 million. Only 30.99% of the supply is currently released, so this event adds significant new liquidity and marks H as an early‑curve infrastructure asset with elevated ongoing emission risk.
• ZRO – $21.09M Unlock: ZRO is scheduled to unlock roughly $21.09 million worth of tokens at a price of $0.82, against a reported market cap of $206.99 million. With 55.85% of supply released, this unlock amounts to a double‑digit percentage of market cap, making it a key event for cross‑chain infrastructure traders monitoring dilution and liquidity.
• CONX – $13.19M Unlock: CONX will unlock approximately $13.19 million in tokens, priced near $9.97 and supported by a market cap of $30.61 million. At 91.24% released, the project is close to full supply, but this single unlock still represents a very large share of market cap, creating a sharp one‑time liquidity shock despite limited remaining long‑term dilution.
• KAITO – $9.89M Unlock: KAITO faces an unlock of around $9.89 million, with the token trading at about $0.562 and a market cap near $135.73 million. With 40.95% of its supply already in circulation, this unlock is a notable mid‑curve event that can materially increase float while still leaving substantial future emissions for the AI/data‑infra narrative.
• SUI – $9.47M Unlock: SUI’s scheduled unlock is roughly $9.47 million, at a token price of $0.69 and a reported market cap of $2.78 billion. With 40.34% of supply released, the relative unlock size is small compared to market cap, meaning the main impact is on short‑term liquidity and event‑driven trading rather than structural dilution.
• DBR – $9.40M Unlock: DBR will unlock about $9.40 million in tokens, priced near $0.015, on a reported market cap of $80.99 million. At 54.12% released, this unlock equates to a significant fraction of market cap and marks an important step in DBR’s mid‑curve emission trajectory, likely influencing local volatility.
• XPL – $7.67M Unlock: XPL is set to unlock approximately $7.67 million, with the token trading around $0.086 and a market cap of $224.42 million. With only 25.87% of its supply released so far, this unlock occurs early in the emission curve, adding meaningful new supply and highlighting ongoing dilution risk for XPL holders.
• EIGEN – $7.44M Unlock: EIGEN’s upcoming unlock is about $7.44 million, at a price of $0.202 and a reported market cap of $149.78 million. With 35.78% of supply already circulating, the unlock represents a mid‑single‑digit percentage of market cap and continues the project’s early‑stage distribution, important for infra‑focused investors tracking supply expansion.

These top‑tier events collectively anchor July’s unlock narrative, concentrating most of the month’s potential market stress and opportunity in a handful of tokens.

Mid‑Tier Unlocks ($5M–$10M Range)

The mid‑tier category captures tokens with unlocks in the approximately $5M–$10M range, which may be less headline‑grabbing in absolute dollars but remain significant for small‑ and mid‑cap projects.

Key examples from July include:

• ARB – $7.05M unlock: ARB’s unlock of about $7.05M is paired with a reported market cap of $483.88M and a released percentage of 56.23%. The relative unlock size is close to 1.5% of market cap, implying manageable dilution for a major L2, though still notable for event‑driven traders.
• APR – $7.17M unlock: APR has a $7.17M unlock against a 55.52M market cap and 28.25% released, making the unlock about 12.9% of market cap. With a low released percentage, APR remains in an early emission stage where recurring unlocks can significantly shape valuation.
• EIGEN – $7.44M unlock: EIGEN’s unlock is roughly $7.44M vs a market cap of 149.78M and 35.78% released, implying around 5% of market cap. As a modular data‑availability and infra token, this places EIGEN firmly in the watchlist for infra‑focused portfolios.
• SUI – $9.47M unlock: SUI faces a $9.47M unlock against a 2.78B market cap and 40.34% released, yielding a relative unlock size of about 0.34%. While small in percentage terms, the absolute size and ecosystem importance make SUI relevant for broader market sentiment.
• YZY – $6.13M unlock: YZY’s $6.13M unlock is paired with a 38.22M market cap and 50.83% released, implying roughly 16% of market cap. This high ratio suggests elevated short‑term volatility potential despite mid‑tier absolute size.

Mid‑tier unlocks frequently drive sharp local moves, particularly where unlocks exceed 10–20% of market cap in relatively thin markets.

Standard‑Tier Unlocks ($2M–$5M Range)

A broader band of “standard” unlocks sits in the $2M–$5M range, often forming the backbone of monthly supply expansion. Notable examples in July include IO ($2.20M), MOVE ($1.76M), PEAQ ($1.72M), SEI ($2.63M), LINEA ($2.46M), UDS ($2.48M), XPL ($7.67M, upper end), MBG ($4.68M), KMNO ($4.23M), and several others.

For many of these tokens, unlock‑to‑market‑cap ratios range from low single digits to mid‑teens, producing moderate dilution that is often absorbed unless broader sentiment is weak or liquidity is exceptionally thin. These events may not move the entire market, but they remain relevant for per‑asset risk management and for traders targeting specific narratives or ecosystems.

Micro Unlocks (<$500K)

The July calendar also contains a large number of micro unlocks, values under roughly $500K, including names like DCK, TRIBL, VRTX, NYAN, FORT, YALA, MMX, MILK, SLF, XMW, and others. Unlocks at this scale usually have minimal effect outside of illiquid markets or niche pairs, though they can still matter in small-cap tokens with extremely low free float.

For most professional traders, these micro unlocks form background supply noise rather than primary event catalysts, unless accompanied by separate narrative drivers such as listings, product launches, or airdrops.

Unlock Value Distribution and Tiers

The July figures suggest a familiar three‑tier structure in unlock value distribution:

• High‑value unlocks ($10M+): Tokens such as PUMP, HYPE, ZRO, CONX, H, DBR and possibly a few others dominate the month’s dollar‑value expansion and account for a large share of the $376.39M total.
• Standard unlocks ($500K–$10M): The majority of tokens fall into this middle band, contributing moderate but meaningful supply increments that can influence individual price action, especially in mid‑caps and sector‑defining names.
• Micro unlocks (<$500K): Dozens of smaller tokens face micro unlocks that are unlikely to affect broader market conditions but may shape microstructure in thinly traded spots.

From a liquidity standpoint, July’s narrative is driven primarily by the high‑value and high‑ratio unlocks, with the rest forming consistent background emissions.

High‑Dilution Risk Profiles

Tokens with large unlocks relative to market cap and/or early‑stage released percentages present the highest near‑term dilution risk.

Key high‑risk profiles in July include:

• PUMP: $116.70M unlock vs $573.54M market cap (20.3%), with only 43% released, marking one of the most aggressive dilution events of the month.
• CONX: $13.19M unlock vs $30.61M market cap (43.1%), with 91.24% released, representing a major liquidity shock even though long‑run dilution is almost fully realised.
• H Network (H): $22.26M unlock vs $155.15M market cap (14.3%), with just 30.99% released, combining large relative unlock with a long future emission runway.
• APR: $7.17M unlock vs $55.52M market cap (12.9%), with 28.25% released, again signaling early‑curve tokenomics with continued structural supply risk.
• YZY: $6.13M unlock vs $38.22M market cap (16%), with 50.83% released, offering a mid‑curve profile but high short‑term dilution intensity.
• GUN: $1.43M unlock vs $10.26M market cap (13.9%), with 31.48% released, putting it firmly in the small‑cap high‑risk bucket.

These tokens are most vulnerable to post‑unlock selling pressure if recipients seek liquidity, particularly where demand is modest and order books are thin.

Supply Maturity: Released Percentage Patterns

The “Released %” field reveals how far each project is along its emission curve, offering a structural lens on tokenomics beyond single-month events. Regular tokenomics vesting updates help market participants understand whether a project is approaching late-stage distribution or remains in the early phases of long-term supply expansion.

• High released percentages (>85%): Tokens like DCK (96.71%), NTX (97.46%), BMEX (92.36%), TRIBL (96.39%), YGG (94.23%), GAL (90.84%), CONX (91.24%), and XMW (92.34%) are near full supply release.
  For these names, July’s unlocks are part of late‑stage vesting, with future dilution risk significantly reduced after current events price in.
• Low released percentages (<30%): Tokens such as MMT (6.61%), ES (15%), ACS (11.06%), CYPR (11.50%), APR (28.25%), H (30.99%), STRK (33.93%), ZK (31.05%), and several others remain early in their tokenomics lifecycle.
  These assets face continued structural dilution over the medium term, increasing the importance of fundamental growth to offset emissions.
• Mid‑range (30%–70%): Many large‑caps and infra tokens, including ARB (56.23%), APT (66.78%), SEI (60.88%), OP (49.99%), SUI (40.34%), EIGEN (35.78%), and HYPE (44.51%), sit in mid‑curve territory.

For these, unlocks are recurring but increasingly integrated into market expectations, and long‑term impact depends on usage, revenue, and ecosystem traction.

Sector‑Level Observations

July’s unlocks touch multiple verticals across the crypto stack.

• Infrastructure and base‑layer / L2: ARB, OP, STRK, SEI, SUI, ZK, LINEA, IOTA, XPL, H, VENOM, EIGEN, AVAIL and similar names represent core infrastructure and scaling plays. Unlocks here often interact with ecosystem incentives, governance distributions, and long‑term network growth.
• DeFi, staking, and financial primitives: IO, PEAQ, SOLV, FUN, AERO, KMNO, LAVA, REZ, MANTA, PRIME, FLOCK, GPS and related tokens fall into DeFi and financial infrastructure. Unlocks can affect liquidity provisioning, reward structures, and governance participation.
• Gaming, metaverse, and entertainment: PIXEL, VOXEL, YGG, ANIME, TREE, SIDUS, and other gaming/metaverse‑adjacent assets see July unlocks tied to ecosystem funding, player rewards, and development budgets.
• AI and specialized infra: FET, AGIX, KAITO, AI, XPL, FF, SIGN, SOPH, GTAI, and related tokens anchor the AI and specialized infra narrative where unlocks influence financing for research and compute.
• Exchange, utility, and service tokens: CONX, CYBER, XCN, W, BMEX, KAT, ME, NUM, CELO, and others represent exchange or utility‑centric assets whose unlocks may be linked to platform incentives or treasury operations.

Market Impact Assessment

Price Pressure Considerations

Three main factors guide price pressure in July. Traders following crypto token unlocks this week should pay particular attention to unlock size relative to market capitalization, the project’s emission stage, and the clustering of major vesting events, all of which can amplify short-term volatility.

• Relative size: Unlocks above roughly 10–15% of market cap (such as PUMP, CONX, H, APR, YZY, GUN) are most likely to generate meaningful downward pressure if liquidity is limited or sentiment deteriorates.
• Emission stage: Early‑curve tokens with low released percentages (ACS, CYPR, MMT, ES, APR, H, STRK, ZK) remain structurally exposed to ongoing dilution, making each monthly unlock more consequential.
• Unlock structure and clustering: Large monthly totals typically cluster around specific dates, increasing short‑term intraday volatility around those windows.

For large‑cap tokens such as HYPE, APT, ARB, SEI, SUI, and FET, unlocks under 2% of market cap tend to be absorbed more efficiently under normal liquidity conditions, especially in actively traded markets.

Liquidity Absorption Capacity

The $376.39M monthly unlock value is modest relative to the $580.33M seen in June 2026 and far below multi‑billion quarterly peaks, suggesting that aggregate market capacity should be sufficient to absorb July’s supply under typical conditions. However, liquidity is unevenly distributed: large‑caps like HYPE, ARB, APT, SEI, and SUI enjoy deep order books and multi‑venue listings, whereas smaller tokens such as GUN, FUN, KAT, PEAQ, MBG, and YZY may trade on limited venues with thinner depth.

As a result, idiosyncratic volatility is most likely in:

• Small‑caps with high unlock‑to‑cap ratios (FUN, SOLV, KAT, GUN, YZY, APR).
• Mid‑caps with early‑stage emissions and multi‑million unlocks (H, EIGEN, STRK, ZK, MBG, XPL).

Strategic Insights for Investors

Risk‑Management Approaches

Investors navigating July’s unlock cycle may consider:

• Position sizing and leverage: Avoid heavy leverage or oversized positions in tokens with unlocks above 10–15% of market cap, particularly in names like PUMP, CONX, H, APR, YZY, and GUN.
• Event‑driven timing: Price action often shows weakness heading into large unlocks and potential relief once the event passes and selling is absorbed; traders may opt to wait for post‑unlock stabilization before entering positions.
• Diversification by emission stage: Balance exposure across tokens with differing released percentages, favoring high‑released, late‑curve assets when seeking reduced structural dilution risk.

Opportunity Identification

Unlocks can create opportunities as well as risks:

• Mature tokenomics: Tokens with >85–90% released (GAL, NTX, BMEX, CONX, TRIBL, YGG, BIM, XMW) face limited future dilution; temporary unlock‑driven dips can become attractive entry points once supply is digested.
• High‑quality infra names: For ARB, OP, SEI, SUI, STRK, ZK, EIGEN, and HYPE, modest relative unlocks may simply represent ongoing emissions in fundamentally important networks; event‑driven pullbacks can offer long‑term accumulation opportunities.
• Idiosyncratic dislocations: In smaller tokens, disproportionate price reactions following unlocks can overshoot fundamentals, creating contrarian setups for disciplined participants with clear risk limits.

Tokens to Monitor Closely in July 2026

Based on absolute unlock size, unlock‑to‑market‑cap ratio, and emission‑curve stage, the following tokens warrant special attention:

• PUMP: Largest unlock ($116.70M) with a 20.3% unlock‑to‑cap ratio and only 43% released, making it July’s primary high‑dilution event.
• H Network (H): $22.26M unlock vs $155.15M market cap (14.3%), with 30.99% released, combining infra importance with significant structural emissions.
• CONX: $13.19M unlock vs $30.61M market cap (43.1%), with 91.24% released, posing a sharp one‑time supply shock despite near‑completed vesting.
• ZRO: $21.09M unlock vs $206.99M market cap (10.2%), with 55.85% released, central to cross‑chain infrastructure narratives.
• EIGEN, STRK, ZK: Multi‑million unlocks in early‑to‑mid‑curve infra tokens (35.78%–33.93%–31.05% released), where recurring emissions will remain key to valuation and positioning.
• YZY, APR, GUN: High‑ratio unlocks in mid‑ and small‑cap names with incomplete emission curves, raising near‑term dilution and volatility risk.
• HYPE, APT, ARB, SEI, SUI, FET: Large‑cap tokens with meaningful absolute unlocks but modest relative dilution that primarily affect sentiment, derivatives positioning, and event‑driven flows.

Conclusion

July 2026 presents a moderate but strategically important unlock window: $376.39M in scheduled releases across 145 projects, dominated by a concentrated cluster of high‑value, high‑ratio events in PUMP, H, HYPE, ZRO, CONX, DBR, EIGEN, STRK, ZK, YZY, APR, and several others. While the aggregate figure is lower than June’s $580.33M, individual tokens, especially those with unlocks above 10–20% of market cap face elevated short‑term price risk and potential liquidity shocks.

For investors and traders, July’s unlocks are best approached as a targeted, event-driven environment rather than a systemic market hazard. A thorough understanding of Vesting and Lockups, combined with monitoring of crypto token unlocks this week and broader tokenomics trends, can help market participants balance defensive positioning in high-dilution assets with opportunistic accumulation in fundamentally strong projects whose supply schedules are already well understood by the market.

Reference: The full dataset behind the July 2026 Crypto Token Unlocks report is available on GitHub.