Magic Eden

Magic Eden Airdrop

Team: Magic Eden
Category
NFT
Status
Archived
Chain
Difficulty
Unlock
Fully unlockedno vesting on the community slice, usable from day one
Funding
TBA
Rating
N/A
Tasks4
No ratings yet

Event Timeline

Diamond rewards programme runs

2024

Completed

ME token generation event

Dec 10, 2024

Completed

Claim opens

Dec 24, 2024

Completed

Claim closes, remainder to stakers

Feb 1, 2025

Completed

About Magic Eden

Magic Eden began as a Solana NFT marketplace and expanded into one of the few genuinely cross chain venues, supporting Bitcoin Ordinals and EVM collections alongside its original market. By late 2024 it was routing volume across all three ecosystems.

That breadth shaped the airdrop. Rather than measuring activity on one chain, eligibility drew on trading across Bitcoin, Solana and EVM together, with loyalty and cross chain engagement weighted alongside raw volume. A trader active on two ecosystems was worth more to the formula than one who had concentrated everything in a single market.

Airdrop Stats

125M ME Distributed
12.5% Of Total Supply
3 Ecosystems Counted
1B Total Supply

How it worked to get the Magic Eden airdrop

Step 1

Trade on Magic Eden

Trading volume was the base measure, counted across the marketplace rather than on a single chain.

Step 2

Spread across ecosystems

Cross chain engagement carried its own weight. Activity on Bitcoin Ordinals, Solana and EVM collections all counted toward the same allocation.

Step 3

Stay loyal over time

Sustained use was rewarded over one off bursts, so wallets that had traded through quieter periods scored better than late arrivals.

Step 4

Claim before 1 February 2025

The claim ran from 24 December. Anything left unclaimed at the deadline was redistributed to stakers rather than returned to the treasury.

Was the Magic Eden airdrop worth it?

  • It paid for breadth, not just volume. Counting Bitcoin, Solana and EVM activity together rewarded traders who had spread across ecosystems, which is unusual for a marketplace token.
  • The whole 12.5% unlocked at TGE. No vesting on the community slice, so recipients had a real decision to make on day one rather than a paper allocation.
  • Unclaimed tokens went to stakers. Forfeited allocations were redistributed within the community instead of reverting to the treasury, which is a meaningfully different outcome from the Safe airdrop three years earlier.
  • Insiders held the majority. Contributors and strategic participants together took 49.8%, against 12.5% for the airdrop.

Magic Eden Official Links

Official channels, documentation and community for this airdrop:

This airdrop has concluded. It is kept for research rather than participation.

Why we built Airdrop Meta

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