Fly
Jun 07, 2025
defi
Alive
sonic
decentralized-finance, dex-aggregator, staking
Website
Fly is a DeFi protocol and DEX aggregator with gamified airdrop and engagement mechanics, rewarding active users, traders, and community members through a dynamic Earndrop™ system.
Current Price
$0.00817391
Market Cap
$135141
Circulating Supply
16533160.137065258
Total Supply
98576242.47904927
FDV
$805753
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Airdrop Details
| Information |
Details |
| Rewarded Activity |
Airdrop registration, trading, quests, community participation, partner campaigns |
| Total Airdrop Amount |
[Not specified; includes airdrop and Earndrop™] |
| Number of Eligible Users |
[Not specified] |
| Number of Claimants |
[Not specified] |
| Average Allocation |
[Not specified] |
Timeline
| Event |
Date |
| TGE & Claim Start |
2025-06-07 |
| Earndrop Phase 1 |
2025-06-07 (TGE, top 1000 Sonic users, Fly users, boost campaigns) |
| Earndrop Phase 2 |
~1 week after TGE (partner communities) |
Token Distribution
| Category |
Percentage of Token Allocation |
Number of Tokens |
| Community Treasury |
53.81% |
53,810,000 |
| Incentives |
23.00% |
23,000,000 |
| Treasury |
14.00% |
14,000,000 |
| Liquidity Providers |
12.50% |
12,500,000 |
| Ecosystem |
4.31% |
4,310,000 |
| Team & Advisors |
23.30% |
23,300,000 |
| Fundraising |
22.89% |
22,894,444 |
| Total Supply |
100% |
100,000,000 |
Primary Requirements
- Active Fly app users, community members, and ambassadors
- Top 1000 Sonic ecosystem users (points leaderboard)
- Boost campaign participants
- Partner community members (see Earndrop Phase 2)
- Airdrop registration and dashboard claim required
Additional Airdrop Opportunities
- Earndrop™: Ongoing dynamic distribution for active users, traders, and partner communities
- Eggs: Non-tradeable placeholders for xFLY, must be hatched by engaging in the ecosystem (trading, staking, holding xFLY)
- Partner protocols and communities receive Earndrop™ allocations, including: KodiakFi, eulerfinance, ShadowOnSonic, RelayProtocol, NileExchange, XPRESSprotocol, SOCKETProtocol, Rings_Protocol, AmpedFinance, MetropolisDEX, beets_fi, GOGLZ_SONIC, paint_swap, StableJack_xyz, eggsonsonic, StabilityAI, SpookySwap, _WOOFi, tomo_wallet, derpedewdz, Angles_Sonic, HeyAnonai, wagmicom, vfat_io, leap_wallet, Equalizer0x, MuttskiTheDog, SwapXfi, honeypotfinance, TheHedgehog_io, 0xBeraPaw, and more.
Claim Process
- Claim airdrop and Earndrop™ via the Fly dashboard (app.fly.trade/fly)
- Eggs must be hatched to claim underlying xFLY tokens
- Hatching requires holding/locking xFLY and/or trading on Fly
- Eggs rot if not hatched (25% per week, fully rot in 28 days)
- Minimum 1:1 xFLY to Eggs ratio required to prevent rotting and accelerate hatching
- xFLY can be used for governance, rewards, and vesting into liquid FLY
Special Conditions
- Only active, engaged users are rewarded long-term; passive wallets may see rewards decay
- Partner communities are included in ongoing Earndrop™ phases
- Standard vesting exit: 3-month linear lock for xFLY to liquid FLY (no burn)
- InstaExit: Immediate conversion with 50% burn
Additional Notes
- Fly’s Earndrop™ and Eggs system gamifies engagement and rewards ongoing participation
- xFLY is the governance and rewards token, used for voting, bribes, revenue share, and trading incentives
- FLY33 is a passive incentive option for holders (auto-compound, no lock)
- The protocol prioritizes active traders and voters, aligning emissions with real trading demand
- The FLY-wheel model creates a sustainable cycle of staking, trading, and governance
Important Links
Official Links
Source References
Price Tracking
- Total supply: 100,000,000 FLY
- Use cases: Staking, governance, revenue share, trading rewards
- xFLY is used for governance, bribes, voting, and earning protocol revenue
- Eggs are non-tradeable placeholders for xFLY, must be hatched by active participation
- FLY33 is a passive, auto-compounding option for holders
- The protocol is designed to reward both active traders and passive holders, with a focus on sustainable, community-driven growth