The Biggest Crypto Airdrops, Ranked

Ranked by what the full distribution was worth, using the price basis noted on each entry. These numbers are estimates: token prices move, and a drop worth $700 million at launch can be worth triple or a third of that within weeks. What the ranking really shows is scale — the largest drops paid out to hundreds of thousands of ordinary wallets.

1Jupiter
Jupiter
JUP
~$700M

Basis: first Jupuary at launch prices, January 2024

1 billion JUP to roughly 955,000 wallets in the first Jupuary, followed by 700 million JUP to around 2 million wallets in January 2025. At JUP's $2 all-time high the first drop alone was worth about $2 billion.

2
Wormhole
W
~$680M

Basis: at launch prices, April 2024

617 million W (about 6.75% of supply) to over 400,000 wallets based on cross-chain activity through Wormhole-connected apps.

3Jito
Jito
JITO
$450M+

Basis: at peak JTO price after launch, December 2023

100 million JTO (10% of supply) to JitoSOL stakers with 100+ Jito Points. The drop set the template for Solana points-based airdrops.

4
Magic Eden
ME
~$390M

Basis: at launch, December 2024

12.5% of ME supply to traders across Solana, Ethereum, Bitcoin Ordinals, and Polygon, weighted by trading activity and Diamond count.

5
ZKSync
ZK
$600M+

Basis: at launch prices, June 2024

3.675 billion ZK (17.5% of supply) to 695,000 wallets, with individual allocations from 450 to 100,000 ZK. One of the largest L2 distributions to date.

6
LayerZero
ZRO
~$255M

Basis: at launch prices, June 2024

85 million ZRO to 1.28 million wallets. Claiming required donating $0.10 per ZRO, which made it one of the more controversial distributions of 2024.

7
Tensor
TNSR
$250M+

Basis: at launch, April 2024

12.5% of TNSR supply to mystery box holders from Seasons 1-3 and Tensorian NFT holders.

8
Pudgy Penguins
PENGU
25.9% of supply

Basis: no reliable USD figure; among Solana's largest by recipients

PENGU went to Pudgy Penguins and Lil Pudgys holders plus OG Solana and Ethereum wallets in December 2024, with an 88-day claim window.

9
Drift
DRIFT
~$100M

Basis: at launch prices, May 2024

120 million DRIFT (12% of supply, including a 2% bonus) to 180,000 traders based on volume and platform activity.

10Pyth
Pyth
PYTH
~$80M

Basis: at launch prices, November 2023; worth far more at PYTH's peak

6% of PYTH supply to over 90,000 wallets that had used Pyth-integrated dApps. An early example of the retroactive oracle-user airdrop.

Wallets active on Solana in 2023-2024 often qualified for several of these without realizing it. One address check covers all of them.

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Frequently Asked Questions

What is the biggest airdrop in Solana history?

Jupiter's first Jupuary, which sent 1 billion JUP to roughly 955,000 wallets in January 2024. It was worth around $700 million at launch prices and about $2 billion at JUP's all-time high.

How are these values calculated?

Each entry states its basis: most use the token price around launch, and entries using a post-launch peak say so. Token prices move constantly, so treat every figure as an estimate for comparison rather than a precise amount.

How much did individual wallets receive?

It varied enormously by activity tier. ZKsync allocations ranged from 450 to 100,000 ZK per wallet. Median recipients of major drops typically received hundreds of dollars' worth, while top-tier users of protocols like Tensor and Drift received five- and six-figure allocations.