Connex, Arbitrum and deBridge lead $221M token unlocks

The cryptocurrency market will see more than $221 million in token unlocks during the third week of April 2026, centered on planned releases from Connex, Arbitrum and deBridge. The events will add previously locked tokens to circulating supply across multiple networks.

Connex will release 1.32 million CONX on April 15, bringing released supply to 87.28 million of a 100 million total. The unlocked tokens are valued at about $15.95 million and equal roughly 1.52% of the released supply. The Connex team has allocated about 822,500 CONX to the ecosystem and 500,000 CONX to the community treasury. Connex describes itself as a permissionless Web3 professional network that uses CONX for payments and governance.

Arbitrum will unlock 92.65 million ARB on April 16, from a released supply of 5.31 billion and a total supply of 10 billion. The unlocked ARB is worth about $10.28 million, roughly 1.75% of the released supply. Of that batch, 56.13 million ARB are earmarked for the team, future team members and advisors, while 36.52 million ARB will go to investors. Arbitrum is a Layer-2 scaling solution for Ethereum that uses optimistic rollups to process transactions off-chain and post them to Ethereum for validation.

deBridge will release 618.33 million DBR on April 17, raising released supply to 4.79 billion of a 10 billion total. The tokens are valued at approximately $9.08 million, equal to about 12.9% of the released supply. The distribution is split across six categories: 191.67 million to the ecosystem, 133.33 million to core contributors, 113.33 million to strategic partners, 83.33 million to the deBridge Foundation, 83.33 million to community and launch allocations, and 13.33 million to validators. deBridge operates a non-custodial cross-chain protocol and uses a zero-total-value-locked model where solvers supply on-demand liquidity instead of shared pools.

Other scheduled unlocks during the period include Starknet (STRK), Onyxcoin (XCN) and YZY, among smaller releases. Token unlock events increase the number of tokens available for trading and may affect short-term price movements and liquidity.

Token unlocks are planned distributions set in project launch or emission schedules. They commonly cover allocations to team members, advisors, investors, ecosystems and community funds, and are released via cliffs, vesting schedules or periodic allocations. Traders and holders typically monitor unlock calendars to track changes to circulating supply.

Readers should verify release dates and amounts on official project announcements and token dashboards before making trading decisions. The figures reported here reflect project disclosures and token-tracking data for the third week of April 2026.