Drift, the Solana-based on-chain trading platform, plans to offer its second season airdrop in May 2025.
The Drift team announced the upcoming FUEL airdrop in a post on July 2024.
The program marks the airdrop of DRIFT’s second season and will benefit all users of the decentralized exchange platform. Drift says FUEL will help align incentives and drive the growth of the protocol.
Key goals for this year include building Drift into a super protocol, with a focus on borrowing and lending, derivatives, prediction markets, automated market construction, and asset management.
Drift has enjoyed great popularity in integrating real-world assets, with Ondo’s support being a notable development.
The platform also added stablecoins USDe, PayPal USD and Sky’s USDS and introduced liquid staking. Drift Earn has also benefited from vaults, with structured products designed for trading and yield strategies, with millions of dollars in total value tied to the protocol.
Crypto airdrops have continued to be a hot trend in 2024, with some of the largest token distributions resulting in early users receiving massive handouts.
Last year, three of the top airdrops came from Hyperliquid, Starknet and Pudgy Penguins. Open network-based and tap-to-earn game Notcoin and Solana DEX protocol Jupiter also dominated the market with their respective airdrops.
In most cases, users receive rewards by bridging…
