Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

5441 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
88% of crypto airdrops flop, here’s how to break the curse

88% of crypto airdrops flop, here’s how to break the curse

                                                                               Jackson Denka, CEO of Azura, believes crypto airdrops will eventually fade away, but what if there was a way to save them?                     Airdrops are a common practice among new crypto projects, but as much as 88% of airdropped tokens lose value within three months, according to data collected over the last seven years. A Sept. 18 report by DappRadar analyst Sara Gherghelas found that since 2017, projects have distributed over $20 billion in airdrops, but 88% of the airdropped tokens lost value within months, “highlighting the gap between short-term hype and long-term sustainability.” Speaking to Cointelegraph, DappRadar’s head of content, Robert Hoogendoorn, said token distribution is key to success in an airdrop; projects want to place their token in the hands of diamond holders. Read more

Author: Coinstats
DeFi Perpetual DEX Activity Surges Despite Market Volatility

DeFi Perpetual DEX Activity Surges Despite Market Volatility

The post DeFi Perpetual DEX Activity Surges Despite Market Volatility appeared on BitcoinEthereumNews.com. Perpetual DEX traders returned to leveraged positions within days of the market’s largest liquidation event. October 10 marked crypto’s most devastating single-day liquidation event when President Donald Trump announced 100% tariffs on Chinese imports. The announcement triggered an estimate of $30 billion in forced position closures within 24 hours. Bitcoin crashed from above $121,000 to $106,000 during the cascade. Record Volume Amid Market Chaos Despite the leverage flush, perpetual DEX activity reached unprecedented levels. Last week, the largest weekly on-chain perpetual trading volume on record was registered at $264.5 billion, according to DefiLlama data. The current week’s volume, spanning October 13 to 19, has already reached $142.5 billion as of October 19, representing 53.8% of the total from the previous week. Given three remaining trading days, weekly volume appears poised to match recent patterns, where traders have packed perpetual DEXes. Perpetual contracts weekly trading volume on DEXes | Source: DefiLlama The sustained activity challenged expectations that leverage traders would retreat after such severe losses. The October 10 event exceeded all previous crypto liquidation records. March 2020’s COVID crash liquidated $1.2 billion in positions, while November 2022’s FTX collapse triggered $1.6 billion in forced closures. The tariff-driven crash liquidated nearly 20 times more capital than the COVID panic. Open Interest Bounces Back Rapidly Open interest recovered swiftly from the washout. After crashing from $25.9 billion to $14.5 billion between October 9 and 10, positions reached a local bottom of $13.7 billion on October 11. Open interest climbed to $17 billion by October 13. Short-term volatility erased part of this recovery. Macro headlines drove Bitcoin below $111,000, triggering another liquidation cascade on long positions. Platform distribution showed shifts in market share. Hyperliquid maintained the largest open interest at $7 billion. Aster held $3.4 billion, Lighter registered $1.3 billion, and EdgeX still approaching…

Author: BitcoinEthereumNews
SWAP Genesis Launches Today: HyperSwap Announces Token Distribution and 75% Revenue Buyback Mechanism

SWAP Genesis Launches Today: HyperSwap Announces Token Distribution and 75% Revenue Buyback Mechanism

PANews reported on October 20th that HyperSwap announced the SWAP token's Genesis on HyperEVM and HyperCore on October 20th , with a maximum supply of 100 million. Token distribution is as follows: 25% for the community, 25% for investors, 25% for liquidity mining, 8 % for core contributors, 10% for trading activity airdrops, 3% for advisors, 2.5% for limited partners, and 1.5% for HIP-2 . The project will use 75% of product revenue to buy back SWAP , with trading volume estimated to have exceeded $ 5 million in the past six months. The Genesis community and early investors will each receive 25 million tokens, all unlocked immediately. The mining portion will vest linearly over 12-36 months. xSWAP tokens can be redeemed in up to six months, and 50% of unvested tokens will be burned for early withdrawals.

Author: PANews
What are the benefits of Unicorn Wealth’s new stock issuance mechanism launched by Virtuals?

What are the benefits of Unicorn Wealth’s new stock issuance mechanism launched by Virtuals?

Author: Anci, Biteye It's been a week since the 1011 crash. Not only did it set a record for the largest margin call in history, at $20 billion, but this brutal plunge also prompted many KOLs to reflect on a painful fact of this bull market: the absence of faith among builders, the widespread use of scalping, and the increasing casino-like nature of the cryptocurrency market. “The problem is that the overall crypto environment has undergone structural changes, and the cypherpunk spirit has been completely abandoned!” —@tmel0211 "Why is it that every time a meme goes viral, the market crashes regardless of what happens next? Think about it. I hope everyone remembers this and can put it to good use in the future." ——@TingHu888 Against this backdrop, Virtuals, known for its strict ecosystem management, has introduced a new IPO rule, Unicorn. In addition to addressing issues like robot sniping and other fair launch issues, it focuses on attracting and supporting outstanding AI projects, leaving some hope and ground for builders to revive the "cyberpunk spirit." What are the highlights of Unicorn’s new stock issuance rules? The launch of Unicorn will completely end the previous Genesis IPO rules. There are the following changes compared to the two. For investors: 1. The points system has been cancelled, and everyone can buy 2. For new stock prices, a dynamic price curve based on FDV is used The lower the amount of funds raised by a project (i.e., the lower the current FDV), the lower the price of new shares. Conversely, when a project is popular and the FDV is high, the price will increase. This requires investors to thoroughly research the project and accumulate sufficient shares before the FDV rises too high. The lower the amount of funds raised by a project (i.e., the lower the current FDV), the lower the price of new shares. Conversely, when a project is popular and the FDV is high, the price will increase. This requires investors to thoroughly research the project and accumulate sufficient shares before the FDV rises too high. 3. To address the issue of front-running, introduce a decaying tax mechanism During the first 100 minutes of a project launch, a buyer's tax will be charged, with the rate decaying linearly from 99% to 1% (approximately 1% per minute). This means that if you jump in within the first minute of a project launch, $99 of every $100 you trade will be paid in tax. This makes it unprofitable for robots to jump in first. However, point 3 combined with point 2 also creates a problem: if investors wait until after the tax rate decay period to buy, the FDV may have already risen to a very high level, and the price will also rise accordingly. This requires investors to find a suitable buying balance point. 4. Airdrop: Each project will be allocated 5% of the community airdrop 2% of this amount is allocated to $VIRTUAL stakers; 3% is allocated to active users in the ecosystem. Reference dimensions may include transaction volume, ACP participation, Butler interaction, etc. 5. Support 3x leverage for long/short trading While providing investors with more trading tools, it also amplifies the rewards and penalties for Builder projects and Rug projects. For the project parties: 1.50% of tokens are allocated to the founding team, but will be unlocked based on FDV 25% is locked for a long term (or unlocked when FDV reaches $160 million), and will be released linearly over 6 months after unlocking. 25% for linear fundraising: This portion of tokens will be gradually sold through on-chain limit orders as the project's FDV grows from $2 million to $160 million, providing the team with a continuous cash flow. 2. Allow founding teams to purchase tokens from the public IPO pool (45%), with no upper limit and fully public on-chain These tokens follow a 1-month lock-up and 12-month linear release rule by default, which means that strong founding teams can publicly purchase their own tokens to demonstrate the official's long-term confidence to the community. From Genesis to Unicorn, the Crypto World's Ambition As mentioned earlier, Virtuals "strictly governs the ecosystem." This strictness was primarily reflected on the user side during the Genesis era: retail investors who wanted to make money on Virtuals had to pass various "loyalty tests": various holds and pledges, desperately accumulating points, and they couldn't sell them at will. Otherwise, they would be imprisoned, labeled as "jeet," and no longer eligible for various airdrops and points. However, the drawbacks of the "rolling user" system soon became apparent, and the points system quickly turned into farming, which in turn brought about point inflation and user fatigue. Therefore, we can clearly see that Virtuals is gradually adjusting its direction and turning its strict focus to the project side: Last month, Virtuals launched ALE (Agent Liquidity Engine) as a core indicator for measuring agent performance, focusing on whether the product solves real problems, whether it has sustainable revenue, and whether the team can continuously return revenue to the ecosystem. Official regulations stipulate that if an AI agent participating in ACP fails 10 times in a row, the system will automatically "downgrade" it to ensure that the ACP platform always maintains high standards of intelligent agent services. The introduction of the Unicorn IPO mechanism further enhances the project's security, making it impossible for "rug" projects to hide and giving high-quality projects the opportunity to shine. All of this is designed to ensure that all projects that come to Virtuals have a long-term commitment and ultimately retain the highest-quality AI projects for the ecosystem. You can no longer view Virtuals through the lens of Launchpad A Launchpad is essentially a token issuance machine; a step further, it's a small Dex, whose revenue comes from activity and liquidity. Meme sentiment is often its foundation, but sentiment is inherently fleeting and elusive, so most Launchpads are destined to be short-lived. At the beginning of its establishment, Virtuals cleverly limited the project scope to AI Agent, and vigorously incubated popular projects such as AIXBT, improving the tone and quality of AI Agent in the ecosystem, striving to get rid of the label of AI Meme and create a Builder ecological atmosphere. After accumulating a certain amount of high-quality projects, Virtuals launched the ACP program, which conforms to the narrative of multi-AI agent communication and collaboration under the current MCP framework - this is also the main idea in the industry about how AI agents work and solve practical problems. However, the highly anticipated launch of Axelrod, an AI hedge fund based on the ACP framework, failed to meet expectations, leading to Virtuals' ACP business failing to generate significant buzz. This shouldn't be a cause for dismay, however, as even traditional AI giants haven't yet fully mastered the multi-agent system. Consequently, Virtuals launched Butler on the user side, providing a more accessible platform for public education and communication about ACP, while continuing to explore the various AI agents within its ecosystem. Currently, the multi-AI agent collaboration represented by ACP is a recognized future potential. A breakthrough could rival the ChatGPT moment. However, truly achieving this goal requires not only continued optimization of the network design itself, but also further improvements and breakthroughs in agent capabilities. Therefore, Virtuals aims to leverage Launchpad to attract outstanding AI agent projects to its network. What are the wealth benefits for retail investors? Even the grandest empires cannot be built without a strong mass base. For ordinary users, this Unicorn upgrade still has many benefits: 1. Under the stimulation of various official policies, the quality of projects on the platform will be improved to a certain extent. 2. The points system has finally been cancelled, so there is no need to roll anymore. 3. Provide leveraged long and short trading, with more tools to amplify profits and stop losses. Of course, on the other hand, the dynamic price curve and tax rate mechanism based on FDV also increases the difficulty of entry timing. Unfortunately, given the current volatile macro environment, the projects launched after Unicorn's launch haven't yet replicated the significant wealth creation effect seen during the Genesis era. However, as time passes, there's still significant potential for new IPOs on Unicorn once the market turns. Most importantly, Virtuals' Unicorn upgrade has injected a rare dose of crypto-cyber faith into Builder during this relatively sluggish period, and has given us more expectations—looking forward to more AIXBT moments, and also looking forward to ACP ushering in ChatGPT moments.

Author: PANews
Fatty Airdrop Moves Beyond Traditional Task Models With Gamified Structure

Fatty Airdrop Moves Beyond Traditional Task Models With Gamified Structure

The Fatty Airdrop has launched with a new gamified structure that ties token rewards to XP points, card mechanics, daily streaks, and leaderboard rankings. The campaign operates alongside FatBot, a trading bot for meme and altcoin markets, and distributes $FATTY tokens based on user activity recorded through these mechanisms. Task Description Participants in the Fatty […] The post Fatty Airdrop Moves Beyond Traditional Task Models With Gamified Structure appeared first on CoinChapter.

Author: Coinstats
Browser Cash Airdrop Kicks Off With 10,000 Point Signup Bonus

Browser Cash Airdrop Kicks Off With 10,000 Point Signup Bonus

The Browser Cash Airdrop has officially kicked off, giving every new user a 10,000-point signup bonus and passive rewards for simply keeping a browser extension active. The program runs on a points-to-token model where browsing time, web tasks, and referrals translate into future allocations, positioning early adopters ahead in the network’s token launch. Browser Cash […] The post Browser Cash Airdrop Kicks Off With 10,000 Point Signup Bonus appeared first on CoinChapter.

Author: Coinstats
50 Winners to Share $25,000 in Reagent Airdrop Competition

50 Winners to Share $25,000 in Reagent Airdrop Competition

More than $25,000 in rewards is now up for grabs as the Reagent Airdrop goes live through its interactive Quest campaign. Fifty winners will share the prize pool under a tiered system that combines leaderboard rankings with random draws to balance skill and chance. By turning its giveaway into a structured competition, Reagent positions itself […] The post 50 Winners to Share $25,000 in Reagent Airdrop Competition appeared first on CoinChapter.

Author: Coinstats
ApeX Airdrop Surges With $1B Daily Volume and 69M Points Giveaway

ApeX Airdrop Surges With $1B Daily Volume and 69M Points Giveaway

ApeX Protocol launched APE Season 1, a 12-week campaign linked to its $1 billion daily trading volume. The program distributes 69 million Ape Points in total, releasing 5.75 million each week. Weekly snapshots record balances, and users earn points through trading, staking, deposits, and referrals. Multipliers apply to specific actions, giving participants extra opportunities to […] The post ApeX Airdrop Surges With $1B Daily Volume and 69M Points Giveaway appeared first on CoinChapter.

Author: Coinstats
Aria airdrop launches $APL token backed by $10.95M in music rights

Aria airdrop launches $APL token backed by $10.95M in music rights

Can a crypto airdrop make you a co-owner of music royalties? The Aria airdrop does exactly that, fractionalizing iconic IP into tokens you can stake, trade, and earn from. Its first token, $APL, represents rights to more than 48 songs acquired with $10.95 million USDC, turning cultural assets into yield-bearing crypto for the first time. […] The post Aria airdrop launches $APL token backed by $10.95M in music rights appeared first on CoinChapter.

Author: Coinstats
Lithos Airdrop Launches with 5% of Supply Up for Grabs Through Genesis Bootstrapping

Lithos Airdrop Launches with 5% of Supply Up for Grabs Through Genesis Bootstrapping

The Lithos airdrop distributes 5% of the total LITH token supply through the project’s Genesis Bootstrapping program. Running from October 1, 2025, to January 11, 2026, the initiative is designed to establish liquidity and enable price discovery for the Lithos DEX on the Plasma blockchain, rewarding early and consistent participants. Lithos Positions Itself as Plasma’s […] The post Lithos Airdrop Launches with 5% of Supply Up for Grabs Through Genesis Bootstrapping appeared first on CoinChapter.

Author: Coinstats