Solana airdrop expectations are rising, here is a list of 12 projects with potential airdrops

Kaoriand others3Authors

23-12-08 13:23

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Jito (JTO)'s hype has continued to boost market expectations for Solana's ecosystem airdrops, causing a general rise in ecosystem tokens. Compared to Ethereum, the market is not as familiar with Solana's ecosystem. BlockBeats has compiled a list of potential airdrop projects in Solana's ecosystem for readers' reference.

Tensor

Tensor is an NFT trading platform launched on Solana. According to TIEXO data, as of the time of writing, Tensor ranks first in Solana's NFT market, with trading volume surpassing Magic Eden.

Tensorians is a 10K PFP series launched by Tensor, the official Solana NFT marketplace. According to CoinGecko data, TENSORIANS has seen a price increase of 1176.2% in the past 30 days, with a floor price of 85 SOL, equivalent to approximately 5780 US dollars.

The rise of TENSORIANS is not only due to the strong performance of SOL and Tensor itself, but also the important factor of bringing TNSR, the native token of Tensor, to holders through airdrops.

Jupiter

Jupiter is the largest aggregation trading platform on the Solana blockchain. Since its establishment in 2021, it has become a key protocol in the Solana ecosystem. As the first trading aggregator on Solana, Jupiter aims to provide users with the best exchange rates by integrating all major liquidity markets on the blockchain. To enhance user experience, Jupiter continuously optimizes and updates, integrating more mainstream DEXs on the Solana blockchain, such as Orca, Raydium, Serum, and more.

JUP has a total supply of 10 billion tokens, of which 40% will be distributed to the community through 4 rounds of airdrops. On December 2nd, Jupiter announced the launch of the first round of JUP token airdrop. The first round will distribute 10% (1 billion tokens) to the 955,000 wallets that directly interacted with Jupiter before November 2nd. However, users can also obtain the remaining rounds of airdrops by swapping, setting limit orders, dollar-cost averaging, using bridge aggregators, and trading perpetual contracts on Jupiter.

Zeta Markets

Zeta Markets is a distributed platform based on Solana that facilitates derivative trading with liquidity, non-custodiality, and under-collateralization.

On October 27th, Zeta Markets announced the launch of the Z-Score points program, allowing users to earn Z-Score based on their trading activities on Zeta. Users will receive 1 Z-SCORE point for every $1 traded. In addition, the reward multiplier will be determined by the 24-hour profit and loss ranking. The Z-Score season will last until December 20th.

Zeta Markets announced in December 2021 that it had completed an $8.5 million financing round led by Jump Capital, with participation from Race Capital, Electric Capital, DACM, Airtree Ventures, Amber Group, Wintermute, Sino Global Capital, Genesis Block Ventures, QCP Capital, Alameda Research, Solana Capital, MGNR, 3kVC, Orthogonal Trading, LedgerPrime, and SkyVision Capital.

Marginfi

Marginfi is a decentralized investment portfolio margin protocol used for trading on Solana. The protocol provides traders with a unified account to obtain margin, form portfolios, and improve the capital efficiency of the underlying trading protocol.

In July of this year, Marginfi launched a points program. Users can earn points on mrgnlend through three methods: Lending points, Borrowing points, and referring new users. Additionally, all previous mrgnlend activities will receive retroactive points. As more products appear in the Marginfi ecosystem, new ways to earn points may also emerge.

In addition, you can also choose to stake SOL tokens as LST to obtain greater airdrop potential.

Drift Protocol

Drift Protocol is an open-source decentralized trading platform based on the Solana blockchain. It is the first perpetual contract trading platform that utilizes dynamic AMM (dAMM), and introduces re-anchoring and adjustable k mechanisms to recalibrate liquidity. Drift chose Solana because of its low latency block time and high bandwidth, which makes it possible to have the lowest transaction fees and fast settlement.

In October 2021, Drift Protocol completed a $3.8 million seed round of financing, led by Multicoin Capital with participation from Jump Capital and Alameda Research. They also airdropped 1500 "Drift Alpha Ticket" NFTs to their partners, early participants, and supporters.

Drift is conducting a Drift Draw lottery event, where users can qualify for the lottery by trading on Drift. For more information, please refer to Drift Draw.

Kamino

Kamino Finance is an automated liquidity solution that generates revenue through market making.

According to CoinDesk, sources revealed that Kamino is about to launch a loyalty program. Community user Marky stated in a Twitter Spaces on December 7th that this "could very well become a future token." Subsequently, Kamino officially retweeted the report and stated that Kamino points are coming.

Users can also choose to store JitoSol in Kamino Vault to qualify for potential future KAMINO airdrops.

Wormhole

Wormhole was launched in October 2020 by Certus One, a blockchain infrastructure company. Initially, it adopted a direct token bridge between the Ethereum and Solana ecosystems.

On November 29th, Wormhole completed a funding round with a valuation of $2.5 billion. The round did not have a lead investor and included participation from Brevan Howard, Coinbase Ventures, Multicoin Capital, ParaFi, Dilectic, Borderless Capital, Arrington Capital, and Jump Trading.

On April 1, 2022, there were reports that the Wormhole project planned to sell 750 million HOLE tokens to institutional investors at a price of $0.25 per token, accounting for 7.5% of the total supply. The tokens would be locked for one year and released linearly over three years. However, Wormhole did not launch the token sale as planned.

However, with recent large financing news and the "early" member tag in the official DC channel, the community speculates that Wormhole may launch an airdrop program. Users can choose to interact with the following protocols to potentially qualify for a Wormhole airdrop.

Portal Bridge (https://www.portalbridge.com/)

Carrier Bridge (https://www.carrier.so/)

Explore the Wormhole ecosystem (https://wormhole.com/ecosystem/)

Do tasks on Zealy (https://zealy.io/c/wormhole/questboard)

Portals

Portals is a Solana-based metaverse gaming platform that integrates over 100 games, including DeFiKingdoms and SpaceNationOL, which have raised over $12 billion.

On November 28th, Portals announced its first season of airdrop activities. Users can accumulate airdrop qualifications through an activity called "Crystal Dash". Anyone who participates in or creates and shares Portal-related content can earn points, which can increase their level. Each time they level up, they can receive crystal fragments. These fragments can be combined to form crystals, and the number of crystals owned determines the amount of tokens that can be obtained in the airdrop.