Airdrop is free token distribution between active users (usually by certain tasks) for expanding economy of project. Why? Because, the more users own currency and use it the more possibility of growing currency economy; So Each project should distribute its coins through users by Airdrops or ICO.

Definition

• Airdrop: Free token distribution
• Chains: Number of chain which supported by the protocol.
• TVL: Total Value locked in protocol
• Money Raised: Total money that project absorb from early investors.
• Category: Category that protocol used.
• Listed At: Duration of protocol start its activity, Most of the time its beta phase to test protocol features.

Airdrop (Tokenless protocols)

These protocols have been worked for some times and they have good amount of value locked, so when they introduce their token by airdrop or ICO (if they introduce it!) there would be a good potential of growth. Actually, the more TVL means better popularity and better valuation. TVL must be compared separately for each category and every chain based on their ecosystem.

update: EigenLayer has been introduced its Token on October 2024.

References

• Defilama