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Magic Eden
Apr 17, 2025
nft, defi
Alive
bitcoin, ethereum, solana, polygon
nft-marketplace, staking, marketplace
Paradigm, Sequoia capital
Website
Magic Eden is a leading cross-chain NFT marketplace, rewarding active users with $ME tokens for staking and quest participation.
Current Price
$0.063588
Market Cap
$38616581
Circulating Supply
607156697.01688
Total Supply
999990831.849965
FDV
$63601748
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Airdrop Details
| Information |
Details |
| Rewarded Activity |
Staking, quest participation, trading |
| Total Airdrop Amount |
10,000,000 $ME (Season 1) |
| Number of Eligible Users |
Not specified |
| Number of Claimants |
Not specified |
| Average Allocation |
Rank-based, not specified |
Timeline
| Event |
Date |
| Season 1 End |
March 31, 2025, 11:59:59pm UTC |
| Airdrop Distribution |
Mid-April 2025 |
| Season 2 Start |
Mid-April 2025 (exact date TBA) |
Token Distribution
| Tier/Category |
Amount |
Source |
| Season 1 Airdrop |
10,000,000 $ME |
Based on user rank |
| Future Seasons |
Not specified |
Ongoing quarterly airdrops |
Primary Requirements
- Active participation in Magic Eden Quests during Season 1 (Chapter 1)
- Staking $ME tokens during Season 1
- Both staking and quest participation required (passive stakers not eligible)
- User rank determined by combination of staking power (amount and lockup duration) and quest activity
- Snapshot taken at March 31, 2025, 11:59:59pm UTC
Additional Airdrop Opportunities
- Future seasons planned, with $ME rewards distributed based on user rank (staking + quest participation)
- Leaderboard and boosted actions (swaps, Ordinals, Solana/ETH NFTs) in Season 2
Claim Process
- Airdrop sent to user’s ‘claim wallet’ (same as TGE claim wallet)
- No action required for eligible users; tokens are distributed automatically
- Claim wallet can be viewed in the Earning tab (wallet with 🔗 icon)
- All allocations are final and cannot be adjusted
Special Conditions
- Only active quest participants with staking are eligible (passive stakers excluded)
- Staking power during Season 1 counts, even if lockup ended before snapshot
- Rank-based distribution: higher staking power and quest activity = higher rewards
- No head start for Season 2; all users start fresh
- Wallet linking required at start of Season 2 as identity systems are unified
Important Links
Official Links
Price Tracking
Source References
- Magic Eden is a cross-chain NFT marketplace supporting Solana, Ethereum, Bitcoin, and Polygon
- $ME airdrops are planned for future seasons, distributed quarterly
- Season 2 will require wallet linking and will feature new boosted actions for rewards
- Leaderboard for user rank will be introduced in Season 2
- Staking power boosts both airdrop share and future emissions
- Community feedback may influence future airdrop criteria and program structure
