Top 5 Biggest Crypto Airdrops So Far

By  Pratik July 5, 2024

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Introduction

Crypto airdrops have become an increasingly popular way for projects to distribute tokens to early users and grow their communities. For most of the airdrops on our list here and in general, all you had to do to receive a share is be a normal user of the project! Here are the top 5 biggest crypto airdrops so far:

1. Uniswap (UNI) - $6.43 Billion

Uniswap's UNI token airdrop on September 16, 2020 is the biggest crypto airdrop to date, distributing $6.43 billion worth of tokens at its all-time high price of $42.88. The airdrop rewarded users who had interacted with the Uniswap protocol prior to the snapshot date.

2. Apecoin (APE) - $3.54 Billion

The Apecoin (APE) airdrop on March 17, 2022 is the second largest, distributing $3.54 billion worth of tokens at its peak price of $23.63. The airdrop rewarded owners of Yuga Labs ecosystem NFTs like Bored Ape Yacht Club, allowing recipients to essentially claim a free NFT worth over $200,000 by selling the airdropped tokens.

3. dYdX (DYDX) - $2.00 Billion

The dYdX (DYDX) token airdrop on September 8, 2021 ranks third, distributing $2.00 billion worth of tokens at its all-time high price of $26.80. However, the full airdrop value is unlocked over 5 years, with portions released incrementally.

4. Arbitrum (ARB) - $1.97 Billion

Arbitrum's ARB token airdrop on March 23, 2023 is the fourth largest, distributing $1.97 billion worth of tokens at its peak price of $11.88. The airdrop rewarded early users and supporters of the Arbitrum ecosystem.

5. Blast (BLAST) - $430 Million+

The ongoing BLAST (BLAST) airdrop has distributed 17 billion tokens in its Phase 1 in June 2024, with an estimated value of $430 million. The value is expected to increase as Phase 2 will release nearly 10 billion additional tokens over the next 12 months; potentially making it the fifth largest airdrop in the space. The airdrop rewards users who participated in Blast's Phase 1 and earned points by bridging ETH/stablecoins and interacting with dApps on the Blast L2 network. Eligible users have 30 days to claim their tokens.

Conclusion

In summary, the top 5 crypto airdrops have distributed over $15 billion worth of tokens, demonstrating the immense value that can be unlocked for early participants. As the crypto space continues to evolve, we can expect to see more innovative airdrop models emerge in the future.