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#PYTHUnlocks2.13BillionTokens
is real and it’s happening May 19, 2026.
What’s unlocking:
2.13 billion PYTH tokens between May 19-22
That’s ∼21% of max supply and ∼37% of current circulating supply.
At current price ∼$0.044, it’s worth $92M-$99M. Some earlier estimates said $338M, but that was at higher prices.
Where the tokens are going:
1.13B tokens - Ecosystem growth
Treasury allocation for grants, partnerships, integrations. Most of this won’t hit exchanges immediately.
537M tokens - Publisher rewards
Goes to data providers who feed price feeds into Pyth. These are trading firms and exchanges.
250M tokens - Private sales
212.5M tokens - Protocol development
Why people are watching it:
Supply shock risk: 37% of circulating supply hitting at once is huge. If even 10-15% of that gets sold, price takes a hit.
But it’s mostly locked: The team says most unlocked tokens go into programmatic allocations that won’t trade freely right away. Only a fraction is liquid on exchanges.
Context: This is the largest single token unlock this week. Week of May 18-25 has $756M total unlocks, Pyth alone is $92M.
Price action so far:
PYTH is at $0.0442 right now, up 1.14% today. Chart has been bearish going into the unlock.
Traders are watching $0.0570 as a key level. If it holds, possible bounce. If not, unlock pressure could push it lower.
Bottom line: It’s a big unlock, but most tokens aren’t going straight to market. The real risk is if ecosystem/publisher recipients start dumping to realize profits.
Want me to track how much actually hits exchanges in the 48h after May 19?
$BTC $GT $SOL