Top 7 Crypto

Upcoming Token Unlocks: Over $205M in Assets Unlocking Next Week May 18–24, 2026 $PYTH → $95.7M on May 20 $ZRO → $33.3M on May 20 $CC → $23.3M ongoing daily $TRUMP → $14.9M ongoing weekly $MBG → $8.32M on May 22 $KAITO → $7.63M on May 20 $GWEI → $7.24M on May 21 $YZY → $6.29M on May 18 $SOSO → $4.80M on May 24 $SOON → $3.66M on May 23 $205M+ in tokens hitting the market next week. $PYTH leads at $95.7M — 47% of the total — but the real story is the supply dilution: 21.3% of circulating supply unlocking in a single event on May 20. That's significant. May 20 is the heaviest single day with $PYTH, $ZRO, and $KAITO all unlocking simultaneously — watch for compounding sell pressure on that date. The real pressure points are $PYTH (21.3%) and $KAITO (3.26%). High % cliff unlocks with visible market depth constraints = handle with care. Data source 🔗 @CryptoRank_io, @Tokenomist_ai, @DefiLlama

CME & NYSE are lobbying US regulators to increase oversight of Hyperliquid Reports indicate that @CMEGroup and Intercontinental Exchange (@NYSE's parent) are pushing US regulators to tighten oversight of @HyperliquidX, citing concerns about market manipulation, sanctions exposure, and counterparty risk. This is one of the clearest signs yet that the legacy derivatives establishment sees Hyperliquid as a direct threat, not a niche. CFTC has already signalled growing attention toward offshore and decentralised derivatives. Outcomes here could reshape the entire global derivatives landscape, whether by extending existing futures frameworks on-chain, introducing dedicated DeFi rules, or forcing legacy venues to modernise.

Top 10 Perp DEXs by Cumulative Revenue Hyperliquid continues to dominate the perp DEX landscape, but the deeper data shows where the real efficiency plays sit. • @HyperliquidX - $1.1B • @edgeX_exchange - $240M • @JupiterExchange - $206M • @GMX_IO - $148M • @dYdX - $97.6M • @Lighter_xyz - $47.4M • @GainsNetwork_io - $44.8M • @extendedapp -$25.8M • @SynFuturesDefi - $16.6M • @muxprotocol - $15.6M This list only includes protocols with public revenue data. Major perp DEXs like Variational, Pacifica, and Grvt don't publicly disclose their revenue. Extended is the standout - the only project in the top 10 still without a token, which makes Extended's spot in the ranking one of the strongest pre-TGE signals out there right now. Get 10% discount on fees with our Extended link 🔗 http://app.extended.exchange/join/TOP7

Upcoming Launches Landscape We've mapped out the full TGE pipeline for the rest of 2026 across 30+ projects - split by launch window so you can see exactly what's about to drop and what's still months away. Save the list before your feed buries it. If we missed a launch worth tracking - drop it in comments 👇 Inspired by 🔗 @Defi_Warhol

THORChain Pauses Trading After Suspected $10M Multi-Chain Exploit @THORChain paused trading after blockchain security researchers @zachxbt and @peckshield flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base, with estimated losses of more than $10M. The incident adds to a pattern of previous security and operational disruptions involving the cross-chain liquidity protocol. THORChain previously suspended its ThorFi lending operations in January 2025 amid insolvency allegations and implemented a 90-day restructuring through validators. The protocol subsequently resolved a $200M debt crisis by converting defaulted obligations into a new equity-style token.

Grvt partners with Centrifuge to integrate JTRSY @grvt_io partners with @centrifuge to integrate the Janus Henderson Anemoy Treasury Fund (JTRSY) into its Earn products. Users will now access institutional-grade Treasury yield directly within the same self-custodial environment they use for trading. Single balance can simultaneously earn JTRSY Treasury yield, serve as trading collateral, and stay productive even when idle - what Grvt calls a "single composable balance." This follows February's Aave integration (yields up to 11% on collateral).

Upcoming Token Unlocks: Over $205M in Assets Unlocking Next Week May 18–24, 2026 $PYTH → $95.7M on May 20 $ZRO → $33.3M on May 20 $CC → $23.3M ongoing daily $TRUMP → $14.9M ongoing weekly $MBG → $8.32M on May 22 $KAITO → $7.63M on May 20 $GWEI → $7.24M on May 21 $YZY → $6.29M on May 18 $SOSO → $4.80M on May 24 $SOON → $3.66M on May 23 $205M+ in tokens hitting the market next week. $PYTH leads at $95.7M — 47% of the total — but the real story is the supply dilution: 21.3% of circulating supply unlocking in a single event on May 20. That's significant. May 20 is the heaviest single day with $PYTH, $ZRO, and $KAITO all unlocking simultaneously — watch for compounding sell pressure on that date. The real pressure points are $PYTH (21.3%) and $KAITO (3.26%). High % cliff unlocks with visible market depth constraints = handle with care. Data source 🔗 @CryptoRank_io, @Tokenomist_ai, @DefiLlama

CME & NYSE are lobbying US regulators to increase oversight of Hyperliquid Reports indicate that @CMEGroup and Intercontinental Exchange (@NYSE's parent) are pushing US regulators to tighten oversight of @HyperliquidX, citing concerns about market manipulation, sanctions exposure, and counterparty risk. This is one of the clearest signs yet that the legacy derivatives establishment sees Hyperliquid as a direct threat, not a niche. CFTC has already signalled growing attention toward offshore and decentralised derivatives. Outcomes here could reshape the entire global derivatives landscape, whether by extending existing futures frameworks on-chain, introducing dedicated DeFi rules, or forcing legacy venues to modernise.

Top 10 Perp DEXs by Cumulative Revenue Hyperliquid continues to dominate the perp DEX landscape, but the deeper data shows where the real efficiency plays sit. • @HyperliquidX - $1.1B • @edgeX_exchange - $240M • @JupiterExchange - $206M • @GMX_IO - $148M • @dYdX - $97.6M • @Lighter_xyz - $47.4M • @GainsNetwork_io - $44.8M • @extendedapp -$25.8M • @SynFuturesDefi - $16.6M • @muxprotocol - $15.6M This list only includes protocols with public revenue data. Major perp DEXs like Variational, Pacifica, and Grvt don't publicly disclose their revenue. Extended is the standout - the only project in the top 10 still without a token, which makes Extended's spot in the ranking one of the strongest pre-TGE signals out there right now. Get 10% discount on fees with our Extended link 🔗 http://app.extended.exchange/join/TOP7

Upcoming Launches Landscape We've mapped out the full TGE pipeline for the rest of 2026 across 30+ projects - split by launch window so you can see exactly what's about to drop and what's still months away. Save the list before your feed buries it. If we missed a launch worth tracking - drop it in comments 👇 Inspired by 🔗 @Defi_Warhol

THORChain Pauses Trading After Suspected $10M Multi-Chain Exploit @THORChain paused trading after blockchain security researchers @zachxbt and @peckshield flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base, with estimated losses of more than $10M. The incident adds to a pattern of previous security and operational disruptions involving the cross-chain liquidity protocol. THORChain previously suspended its ThorFi lending operations in January 2025 amid insolvency allegations and implemented a 90-day restructuring through validators. The protocol subsequently resolved a $200M debt crisis by converting defaulted obligations into a new equity-style token.

Grvt partners with Centrifuge to integrate JTRSY @grvt_io partners with @centrifuge to integrate the Janus Henderson Anemoy Treasury Fund (JTRSY) into its Earn products. Users will now access institutional-grade Treasury yield directly within the same self-custodial environment they use for trading. Single balance can simultaneously earn JTRSY Treasury yield, serve as trading collateral, and stay productive even when idle - what Grvt calls a "single composable balance." This follows February's Aave integration (yields up to 11% on collateral).