Seven tokens face major unlocks in May — PYTH set to release 37% of market cap.

May brings a wave of scheduled token unlocks across the market, with PYTH and RAIN headlining the list. PYTH's annual unlock is the most striking by scale: 37% of its current market cap entering circulation in a single event. RAIN faces its first post-cliff unlock, releasing $90.9M from its strategic sale allocation.

Also on the calendar for monthly unlocks this May: PIEVERSE, ZRO, STABLE, ADI, and H. Cliff unlocks like RAIN's tend to draw more scrutiny than linear releases — a large, sudden supply addition can pressure price if selling intent among early allocatees is high.

Traders watching these names should factor unlock timing into position sizing, particularly for lower-liquidity tokens where even modest sell pressure can move the market meaningfully.

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