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CoinGecko’s newest file finds that the main 50 crypto airdrops have allotted tokens valued at $26.6 billion from 2020 to 2023.
In step with the Dec. 21 put up on X, Uniswap (UNI) holds the report for the biggest crypto airdrop, distributing $6.43 billion of UNI on Sept. 16, 2020, at its all-time top (ATH) token worth of $42.88.
This used to be adopted via Apecoin (APE), which dispensed $3.54 billion value of APE on Mar. 17, 2022, at its ATH token worth of $23.63. Particularly, Apecoin’s airdrop particularly rewarded Yuga Labs ecosystem homeowners with a beneficiant allocation of as much as 10,950 tokens, valued at $258,737.
In the meantime, dYdX (DYDX) secured the 3rd place within the crypto airdrop scores, distributing $2 billion value of DYDX on Sept. 8, 2021, at its ATH token worth of $26.80. It’s value noting that the entire price of the DYDX airdrop is topic to a chronic vesting duration spanning 5 years, with parts launched incrementally.
In combination, the file concludes that the airdrops from Uniswap, Apecoin, and dYdX give a contribution considerably to the cumulative price, amounting to $11.99 billion and comprising 45.1% of the highest 50 largest crypto airdrops—the rest airdrops a few of the best 50 vary to $1.97 billion.
Two weeks previous, the Solana-based liquid staking protocol Jito initiated a extremely expected airdrop, dispersing 90 million JTO governance tokens amongst its person base in what is claimed to be a type after Uniswap.
This noteworthy airdrop match stands proud towards a broader pattern within the crypto house. A contemporary file finds a decline in primary crypto airdrops all the way through 2022 and 2023, with best 14 and 13 airdrops securing positions within the best 50 scores.
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