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DeFi Airdrop Wind-Down Sees Hundreds of Millions in Token Awards

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Several DeFi projects have ended their airdrops in recent weeks. The Nillion project, for instance, concluded on January 31, 2025, with 10,000 winners receiving $75 million in tokens.

The ALLO project also ended its airdrop on January 30, 2025, awarding 200 winners with $200 million in tokens. Avalon Labs' airdrop, which concluded on the same day, saw 2,000 winners receive $200 million in tokens.

Other projects, such as CoinChance and Electra, have also concluded their airdrops in January 2025, with various numbers of winners receiving different amounts of tokens.

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