Connex releases 17.95m in CONX tokens today
The post Connex releases 17.95m in CONX tokens today appeared on BitcoinEthereumNews.com. Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Summary Connex unlocked 1.32 million CONX tokens valued at approximately $17.95 million on May 15, 2026. The unlock represents 1.49% of Connex’s released supply, with 822,500 tokens allocated to the ecosystem. The remaining 500,000 CONX tokens from the release were directed to the community treasury. Connex, a Web3 professional networking platform that uses its native token for payments, governance and credential verification, executed the unlock on a preset cliff schedule. According to Tokenomist data, the release equals approximately 1.49% of the project’s adjusted released supply, with 88.60% of maximum supply already in circulation ahead of the event. The allocation split the 1.32 million CONX into two portions. The ecosystem fund received 822,500 tokens worth approximately $10.94 million, whil