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The Biggest Crypto Airdrops of 2023

The top token handouts of the year netted users over $4.5 billion worth of free crypto. Here are 2023's biggest crypto airdrops.

It was a big year in crypto for  free money . Across blockchain networks, many projects and protocols attempted to weather the enduring bear market by handing out bags upon bags of free, native tokens to loyal users via  airdrops .

All in all, this year’s 50 biggest airdrops distributed some $4.56 billion worth of free tokens to crypto and decentralized finance (DeFi) users, according to analysis by  CoinGecko

Here’s a look at the 2023 airdrops that clocked in at the top of the list, based on the peak value of each token over the course of this year.

Handily taking gold this year was  Ethereum  scaler Arbitrum’s  massive launch  of its native governance token, ARB. 

In March,  Arbitrum  rolled out ARB with airdrops that initially infused  projects and DAOs  built on the layer-2 network with hundreds of millions of dollars worth of free tokens. Projects that benefited from those first airdrops included Treasure DAO, SushiSwap, Dopex, Radiant, Balancer, and  Uniswap .

Read More: https://decrypt.co/211031/biggest-crypto-airdrops-2023-arbitrum-blur-celestia-jito
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