Tokens worth over $605.5 million will unlock in the second week of August 2026, with major releases on August 15–16 including 120.83 million YZY (≈$35.22M) on Aug 16, 1.32 million CONX (≈$11.55M) on Aug 15, and 92.65 million ARB (≈$7.19M) on Aug 16. These scheduled unlocks materially increase circulating supply and could heighten short-term volatility and downside pressure on token prices, impacting DeFi activity, Layer-2 adoption, and protocol tokenomics for traders, investors, and governance participants.

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In Brief

Tokens worth over $605 million unlock in the second week of August.
YZY releases 120.83 million tokens on August 16, worth $35.22 million.
Connex and Arbitrum will also add fresh supply on August 15 and August 16.

The cryptocurrency market will welcome a wave of tokens worth more than $605.5 million in the second week of August 2026. Major projects, including YZY (YZY), Connex (CONX), and Arbitrum (ARB), will release previously locked supplies over the next seven days.

These unlocks could increase short-term volatility and influence price movements. So, here’s a breakdown of what to watch in each project.

1. YZY (YZY)

Unlock Date: August 16
Number of Tokens to be Unlocked: 120.83 million YZY
Released Supply: 529.17 million YZY
Total supply: 1 billion YZY

YZY is a cryptocurrency token associated with the rapper Ye (formerly known as Kanye West). It is positioned within the broader “YZY MONEY” ecosystem, which includes the YZY token, the payment platform Ye Pay, and the physical YZY Card.

On August 16, YZY will unlock 120.83 million tokens worth around $35.22 million. The tokens represent 22.83% of the released supply.

YZY Crypto Token Unlock in August. Source: Tokenomist

The team will allocate 100 million altcoins to Yeezy Investments LLC, Vesting 3 and 12.5 million tokens to Yeezy Investments LLC, Vesting 1. Moreover, it will direct 8.33 million tokens to Yeezy Investments LLC, Vesting 2.

2. Connex (CONX)

Unlock Date: August 15
Number of Tokens to be Unlocked: 1.32 million CONX
Released Supply: 92.57 million CONX
Total supply: 100 million CONX

Connex is a permissionless, open, and collaborative Web3 professional network. The project integrates blockchain with networking, promoting transparency and fair value exchange among professionals in the digital economy. Holders can use CONX for payments and governance.

Connex will unlock 1.32 million CONX tokens into the market on August 15. Moreover, the supply is worth approximately $11.55 million. It represents 1.43% of the released supply.

CONX Crypto Token Unlock in August. Source: Tokenomist

The team will allocate around 822,500 CONX to the ecosystem. Furthermore, the community treasury will get 500,000 altcoins.

3. Arbitrum (ARB)

Unlock Date: August 16
Number of Tokens to be Unlocked: 92.65 million ARB
Released Supply: 5.74 billion ARB
Total supply: 10 billion ARB

Arbitrum is a Layer-2 scaling solution built for Ethereum (ETH). It enhances transaction speed and reduces costs while maintaining the security of the Ethereum network.

The blockchain achieves this by utilizing ‘optimistic rollups,’ which process transactions off-chain and submit them to the Ethereum mainnet for validation.

On August 16, Arbitrum will unlock 92.65 million tokens into the market. The tokens are worth $7.19 million and represent 1.61% of the current released supply.

ARB Crypto Token Unlock in August. Source: Tokenomist

Arbitrum will award 56.13 million ARB from the unlocked supply to the team, future team, and advisors. Moreover, investors will gain 36.52 million tokens.

In addition to these, other prominent unlocks that investors can look out for in the second week of August include Linea (LINEA), Aptos (APT), Starknet (STRK), Sei (SEI), and more.

Read the article at BeInCrypto