#Airdrop Frenzy: $14.9 Billion#

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Overview

In 2024, the crypto space witnessed an airdrop frenzy, with projects distributing tokens worth a staggering $14.91 billion to users through airdrop campaigns. Hyperliquid topped the list with $1.34 billion in airdrop value, followed closely by Starknet, whose 700 million token airdrop was valued at $1.33 billion. Pengu, Wormhole, and Jupiter also secured significant airdrop gains, receiving $1.15 billion, $896 million, and $891 million respectively, making them the top five highest-earning airdrop projects in 2024. The airdrop landscape primarily focused on L2, DeFi, and L1 sectors, with L2 leading the pack with $4.22 billion in airdrop value, accounting for 28.3% of the total airdrop amount.

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In 2024, the crypto space witnessed an airdrop frenzy, with a total of $14.91 billion worth of tokens distributed to users through various airdrop campaigns. Hyperliquid topped the list with $1.34 billion in airdrops, rewarding over 90,000 users. Closely following was Starknet, where 1.3 million addresses received 700 million tokens worth $1.33 billion. Pengu, Wormhole, and Jupiter also secured spots in the top five with airdrop amounts of $1.15 billion, $896 million, and $891 million, respectively. From a domain perspective, the L2 space dominated with $4.22 billion in airdrops, followed by DeFi and L1 with $3.31 billion and $2.63 billion, respectively. Gaming & Meme, Liquid Staking, and Artificial Intelligence (AI) projects also received token airdrops worth $2.28 billion, $1.27 billion, and $373 million, respectively. This airdrop frenzy indicates that crypto projects are actively leveraging airdrops to attract users, expand their community size, and drive project development.

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2024 Airdrop Activities Distributed a Total of $14.91 Billion in Tokens

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Hyperliquid, Starknet, Pengu, Wormhole, and Jupiter are the Top 5 Projects with the Highest Airdrop Returns in 2024

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L2 Sector Accounts for the Highest Proportion of Airdrops, Reaching 28.3%

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DeFi, L1, Game & Meme, Liquid Staking, and Artificial Intelligence (AI) Projects Also Received Significant Airdrops

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