Weekly Token Unlocks: PYTH Unlocks Tokens Up to 37% of Circulating Supply

marsbitPublished on 2026-05-17Last updated on 2026-05-17

Abstract

This week's major token unlocks feature three notable projects, each releasing a significant number of tokens into circulation. **Pyth Network** is set for the largest unlock, releasing 2.12 billion PYTH tokens valued at approximately $95.24 million. This amount represents a substantial portion of its circulating supply. Pyth is a decentralized oracle network providing real-time financial market data for DeFi applications. **LayerZero** will unlock 25.71 million ZRO tokens, worth around $32.91 million. LayerZero is a full-chain interoperability protocol designed for secure and configurable cross-chain messaging. **Kaito** will release 17.6 million KAI tokens, with an estimated value of $7.78 million. Kaito is an AI-driven platform that aggregates and analyzes fragmented Web3 information from various sources like social media and governance forums. Each project section includes links to their official Twitter and website, along with a chart depicting their specific token release schedule.

Pyth

Project Twitter: https://twitter.com/PythNetwork

Project Website: https://pyth.network/

Tokens Unlocked This Time: 2.12 billion

Value Unlocked This Time: Approximately $95.24 million

Pyth Network is a decentralized oracle project, providing real-time and accurate financial market data covering DEXs, derivatives, DeFi lending, stablecoins, synthetic assets, etc. It aims to enhance the functionality and reliability of decentralized finance (DeFi) applications.

Specific release schedule is as follows:

Layerzero

Project Twitter: https://x.com/LayerZero_Core

Project Website: https://layerzero.network/

Tokens Unlocked This Time: 25.71 million

Value Unlocked This Time: Approximately $32.91 million

LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides trusted and guaranteed message delivery with configurable trustlessness.

Specific release schedule is as follows:

Kaito

Project Twitter: https://x.com/KaitoAI

Project Website: https://www.kaito.ai/

Tokens Unlocked This Time: 17.60 million

Value Unlocked This Time: Approximately $7.78 million

Kaito is an AI-driven Web3 information platform aimed at solving the issue of fragmented information in the crypto industry. By aggregating data from social media, governance forums, and other sources, Kaito uses AI technology to provide real-time search, sentiment analysis, and trend tracking.

Specific release schedule is as follows:

Related Questions

QWhat percentage of the circulating supply does PYTH unlock represent according to the article?

A37% of the circulating supply.

QWhat is the primary function of the Pyth Network described in the article?

AIt is a decentralized oracle project that provides real-time, precise financial market data to enhance the functionality and reliability of DeFi applications.

QHow many tokens is LayerZero scheduled to unlock in this event?

A25.71 million tokens.

QWhat is the core purpose of the Kaito project as mentioned in the text?

AKaito is an AI-driven Web3 information platform that aims to solve information fragmentation in the crypto industry by aggregating data sources and providing real-time search, sentiment analysis, and trend tracking.

QWhat is the approximate USD value of the Pyth token unlock mentioned in the article?

AApproximately $95.24 million.

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3.5k Total ViewsPublished 2024.03.29Updated 2026.06.02

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