Crypto markets are entering a heavy unlock month. Data from Tokenomist shows major token unlocks scheduled from July 1 to August 1 2026, with a combined value crossing $1.988 billion.
This blog breaks down which tokens are unlocking, how much of total release is hitting the market, and what this could mean for prices.
A token unlock happens when previously locked tokens become available for holders to sell or trade. These are usually held by early investors, teams, or foundations under a vesting schedule.
There are two types here. Cliff distribution release a large batch all at once on a set date. Linear distribution release smaller amounts gradually, spread out day by day.
Both types matter because new supply hitting the market can affect price, especially when the unlocked amount is large compared to the supply.
It includes seven tokens this month, each worth more than $10M in a single batch.
Source: X Account
HYPE unlocks 452,000 tokens worth $29.41 million, which is just 0.11% of its adjusted released supply. This is a small percentage, so the impact on price should stay limited.
PUMP releases 86.88 billion coins valued at $124.32M. That's 20.21% of its adjusted released supply, the largest percentage in this entire cliff group. A release this size relative to the total release is worth watching closely.
H unlocks 266.47M tokens worth $21.65M, equal to 8.60% of adjusted released supply. This is a meaningful chunk and could add selling pressure if a large share goes to investors looking to exit.
ZRO releases 25.71M coins valued at $21.25M, or 4.60% of total release. This is a moderate unlock size for the token.
CONX: valued at $15.70M, just 1.45% of total release. The dollar value is notable, but the supply percentage stays low.
ENA releases 212.50 million assets valued at $15.47M, at 2.51% of supply. A relatively contained unlock in percentage terms.
KAITO unlocks 17.60 million units valued at $10.08M, equal to 4.30% of total release. This rounds out the cliff group for the month.
Linear distribution are spread across the month instead of hitting all at once, but the totals here are still significant.
RAIN dominates this list. It releases 57.36 billion RAIN tokens valued at $896.53 million, the single largest unlock value in the entire dataset, at 9.80% of circulating supply.
LAB: 26.97M tokens worth $336.01 million, the second-highest dollar value on this list, at 8.63% of circulating supply.
SOL releases 2.01 million tokens worth $150.54 million. In percentage terms this is small, just 0.35% of circulating supply, but the dollar value is high because of SOL's price.
CC: 848.98M units valued at $123.25M, or 2.18% of the total.
WLD releases 141.52M tokens valued at $57.82M, at 4.04% of the release.
TRUMP: 28.03M coins worth $47.93M. At 11.81% of total release, this is the highest percentage in the linear distribution group.
ASTER releases 45.54 million aster tokens worth $28.63 million, equal to 1.70% of total release.
TAO: 111.60K assets worth $22.42 million, a small token amount but a real dollar figure, at 1.16% of the total.
MORPHO releases 11.65 million tokens worth $22.24M, or 1.79% of the total.
AVAX distributes 3.10 million units worth $20.65M, at just 0.72% of circulating supply.
ZEC releases 48.85K assets worth $19.74M, equal to 0.29% of the total, one of the smallest percentages on the list.
JTO unlocks 18.62 million units valued at $14.63M, at 3.81% of total release.
NEAR rounds out the group, releasing 5.57M coins valued at $10.14 million, or 0.43% of circulating released amount.
Put together, these are the major token unlocks scheduled from July 1 to August 1 2026, and the scale here is hard to ignore.
RAIN alone accounts for nearly half of the total $1.988 billion figure through its linear release. PUMP and TRUMP stand out for having the highest unlock percentages relative to the total, at 20.21% and 11.81%, which is where selling pressure risk tends to concentrate.
Not every unlock leads to a price drop. A lot depends on who is receiving the tokens. Team and investor distribution tend to see more selling than community or ecosystem unlocks, since early backers are often looking to realize gains.
Liquidity also plays a big role here. A token with deep trading volume can usually absorb a large amount without much price disruption, while a thinly traded token can see sharper swings even from a smaller unlock.
The spread across cliff and linear distribution also matters. Cliff unlocks can create a sudden shock on a single day, while linear unlocks spread that pressure out, giving the market more time to absorb new supply gradually.
For traders and holders, this month is a good reminder to check unlock schedules before making short-term decisions, since these dates are known well in advance.
The gap between cliff and linear totals is also worth noting. Cliff unlocks this month add up to roughly $237.88M across all seven tokens, while linear distribution is close to $1.75 billion once RAIN and LAB are counted in. This shows most of the month's supply pressure is coming from gradual releases rather than single-day events.
July brings one of the heavier unlock months this year, with major token unlocks scheduled from July 1 to August 1 2026 totaling close to $2 billion across cliff and linear releases. Tokens like RAIN, LAB, and PUMP carry the largest figures to watch, whether by dollar value or by percentage.
This article is for informational purposes only and does not constitute financial or investment advice. Token unlock data is sourced from Tokenomist and is subject to change. Actual market impact depends on holder behavior, liquidity, and broader market conditions. Always do your own research before making any financial decision.


