Base Airdrops

ZRO was distributed across two rounds in 2024. LayerZero has since stated it has no plans for a further airdrop; value now flows through ATLAS fee buybacks and burns.

Coinbase's L2 is 'beginning to explore' a native token, with no definitive plans. Leadership refocused on tokenisation and payments in 2026 after the consumer-social push was abandoned.

Building the data layer for Physical AI: the training data robots need to operate in the real world, recorded on Base.

Trade the attention paid to trends, brands and narratives: long or short the internet's collective focus.

The largest NFT marketplace. SEA was announced in February 2025, with the launch since postponed indefinitely.

Automated on-chain strategy platform: deposit once and let curated strategies rebalance across Arbitrum, Base, Ethereum and Optimism.

Cross-chain bridging and swap infrastructure powering multi-chain DeFi behind wallets like MetaMask.

DeFi aggregation layer offering zero-fee swaps, liquidity routing and cross-chain transfers across 15+ networks.

An automated market maker with arbitrary pool weights, launched in March 2020. When BAL arrived three months later, the liquidity providers who had supplied the protocol before any token existed received a retroactive allocation.

Paid out on attention rather than capital. Allocations tracked who had been writing usefully about crypto, measured through the project's own leaderboards.

Pendle is a yield trading protocol on Ethereum that lets users split any yield-bearing asset into two tradeable components, a Principal Token (PT) representing the underlying capital and a Yield Token (YT) representing future yield. Launched in 2021 by TN Lee and team, it introduced fixed-rate yield and yield speculation to DeFi. Pendle transforms any productive asset staked ETH, lending positions, restaking tokens into two distinct financial instruments that can be traded independently on a dedicated AMM. It became the dominant infrastructure for the 2023 to 2024 airdrop meta when protocols like EigenLayer, Ethena, and Kelp distributed points to their users. Pendle raised $17.14 million across 7 funding rounds and expanded from Ethereum to Arbitrum, BSC, and Solana. PENDLE hit its all-time high of $7.55 in April 2024 driven by the restaking and liquid staking points meta.

The airdrop that invented the retrodrop model.