Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | Up to 77,114,554 DRV tokens (7.71% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | May 8, 2024 |
| Claiming Started | January 15, 2025 |
| Claiming Ends | Not Known |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
The airdrop rewards Derive users and LYRA holders based on various participation criteria:
-
Airdrop Program (May 8, 2024 – Jan 13, 2025)
- Trading: Earn points based on trading fees, with boosts for specific trades.
- Depositing: Earn points based on dollar-hours in exchange and vault deposits, with vault-specific boosts.
- Referrals: Earn points from direct referrals and second-level referrals.
- Airdrop Bonus Rounds: In round 6, four separate bonuses allocated 2.5% of the airdrop each to the first 1,000 eligible users.
-
Migration Eligibility
- LYRA holders: Over 100,000 LYRA holders could migrate their LYRA to DRV at a 1:1 ratio.
- Staked LYRA: Users who staked LYRA before the May 8, 2024, snapshot earned a share of 2,529,958 DRV tokens.
- Prestaking Bonus: LYRA holders who pre-staked their migrating DRV before January 15, 2025, received a 2.5% bonus.
- Total Migration Allocation: 56.38% of the LYRA supply was converted to DRV, including prestake and snapshot bonuses.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Eligibility Criteria: Derive Airdrop Details Twitter
- Official Announcement: DRV Token Launch and Functionality https://blog.derive.xyz/drv/
Additional Information
- Staking Benefits: Users can stake DRV to receive stDRV, earning weekly DRV rewards and participating in governance. Early participants receive a 25% staking bonus.
- Unstaking Terms: Unstaking requires a 28-day unlock period; unstaking before this period forfeits the 25% bonus.
- Circulating Supply: Approximately 600 million DRV tokens are in circulation, with 60% pre-staked.
- Trading Platforms: DRV is available for trading on platforms such as AerodromeFi, Kraken, Gate.io, and Infinex.
For more details and to check your DRV allocation, visit the Derive Airdrop Page.