The Top Airdrop Hunts of the Month: January 2025

Each month, Bankless sends a list of crypto’s hottest airdrop opportunities directly to subscriber inboxes. We have accumulated over 100 such promising opportunities in the Airdrop Hunter, a comprehensive hub of airdrop hunting alpha shared exclusively with Bankless Citizens!

Today, we’re recommending 5 must-hunt airdrops for the month of January 👇

⭐ Jupiter

Website | Twitter

About:

Jupiter’s core product is a decentralized exchange aggregator on Solana that offers spot token swap functionality. While Jupiter hosts its own frontend webpage that offers native support for complex order types like limit orders and dollar-cost averaging, the platform also offers an aggregator widget that facilitates in-app swaps for third-party applications.

In addition to its spot products, Jupiter services traders with up to 100x leverage on BTC, ETH, and SOL via perpetuals and caters to Solana’s degen class with its own token launchpad. By staking JUP, token holders earn rewards and receive the right to participate in protocol governance.

Why We’re Watching:

On December 7, the Jupiter DAO voted to approve “J4J #3: Jupuary Vote 2” with 87% support, overwhelmingly authorizing two additional JUP airdrop distributions in January 2025 and 2026.

Although exact qualification specifics have yet to be released for Jupuary 2, the Jupiter team alluded in a November interview that calculations for this distribution will take into consideration historical interactions across the platform’s entire range of products.

Subsequently published draft communications include JUP provisions for loyalty rewards and community contributions – respectively termed the “carrots” and “good cats” allocations – and indicate that users with larger trading volumes will receive more JUP incentives.

1. [quest 252 "Swap Assets with Jupiter"]
2. [quest 253 "Trade Perpetuals with Jupiter"]
3. [quest 254 "Set a Limit Order with Jupiter"]
4. [quest 255 "DCA with Jupiter"]
5. [quest 759 "Stake JUP"]

🐻 Berachain

Website | Twitter

About:

This long-awaited (but still unreleased) Cosmos-based, EVM-compatible, “Proof of Liquidity” Layer 1 blockchain emerged from the Bong Bear NFT community and intends to pioneer a novel tri-token model, which will separate gas (BERA) from governance (BGT) functionalities and implement a native stablecoin (HONEY).

Berachain’s Proof of Liquidity design means that liquidity providers to DEX and lending applications whitelisted by network governance can stake their deposit receipts to secure the chain and accrue BGT, which can be staked to earn fees in HONEY or redeemed 1:1 for BERA.

Why we’re watching:

Although Berachain has been undeniably slow to ship mainnet, its initial testnet was released last January and the team announced a $100M Series B raise with participation from reputable crypto venture capital firms in April.

Towards the tailend of December, Berachain released numerous “Boyco” pre-deposit vaults in partnership with various existing DeFi applications. Depositors into these strategies will accrue Berachain ecosystem rewards; their capital will be locked until 90 days after the eventual Berachain mainnet.

1. [quest 788 "Pre-Deposit USDe to Berachain"]
2. [quest 789 "Pre-Deposit ETH to Berachain"]
3. [quest 790 "Pre-Deposit BTC to Berachain"]
4. [quest 289 "Purchase a Bong Bear or Bong Bear Rebase NFT"]
5. [quest 290 "Drip BERA"]
6. [quest 291 "Swap BERA for STGUSDC"]
7. [quest 292 "Mint HONEY"]
8. [quest 293 "Trade Berpetuals"]
9. [quest 294 "Provide DEX Liquidity"]
10. [quest 295 "Supply Assets to BEND"]
11. [quest 300 "Claim BGT from BEX"]
12. [quest 301 "Claim BGT from BEND"]
13. [quest 302 "Delegate BGT"]

🪙 Resolv

Website | Twitter

About:

Ethena’s ENA has been one of the best-performing DeFi tokens in recent months, and this fast-growing tokenless competitor has experienced parabolic TVL growth since November!

Delta-neutral stablecoins, like Ethena’s USDe, hedge their spot crypto asset exposure with perpetual shorts to synthesize dollar asset exposure. These strategies can produce impressive returns during times of market froth, but their holders may suffer losses during long periods of negative funding rates.

To combat the risk of losses, Resolv overcollateralizes its native USR stablecoin, meaning holders have more than one dollar in assets backing every dollar of stablecoin claims. This excess collateral is represented with Resolv Liquidity Pool (RLP) tokens. RLP acts as first loss capital and receives 30% of protocol profits in addition to normal yield as “risk premium” compensation.

Why we’re watching:

The presence of an active Resolv points program suggests that early users may be eligible for airdrop rewards. Earn points to position for a potential drop by simply holding Resolv assets or depositing them into DeFi!

1. [quest 791 "Buy and Hold USR"]
2. [quest 792 "Stake and Hold USR"]
3. [quest 793 "Buy and Hold RLP"]
4. [quest 795 "Deposit Resolv Assets within DeFi"]
5. [quest 794 "Refer Others to Resolv"]

🦁 Derive

Website | Twitter

About:

Formerly known as Lyra, Derive is an onchain derivatives protocol. Once onboarded into Derive, users can borrow against non-USDC tokens for portfolio margin, trade risky perpetuals and options products, or deposit assets into automated yield-generating vault strategies.

Anyone seeking to interact with Derive must first bridge ERC20s from Ethereum, Optimism, Arbitrum, or Base to the Derive Chain, a semi-permissioned OP Stack rollup implementation that houses the protocol’s underlying derivatives markets and associated smart contracts.

Why we’re watching:

Derive has commenced a points program that rewards depositors and traders with DRV; its token generation event is confirmed for January 15, 2025. While U.S. and other prohibited users may be ineligible for this token distribution, active Derive users will likely receive an airdrop at this time.

1. [quest 777 "Deposit to Derive"]
2. [quest 778 "Trade Options on Derive"]
3. [quest 782 "Trade Perpetuals on Derive"]
4. [quest 779 "Deposit Funds into Derive Vaults"]
5. [quest 781 "Prestake Lyra Tokens"]
6. [quest 780 "Refer a Friend"]

🖥️ Nillion

Website | Twitter

About:

Nillion is a computation network that can secure high value data with strong decentralization guarantees in the same manner typical blockchain do for transactions.

The Nillion network leverages various privacy enhancing technologies (PETs), including multi-party computation (MPC), to enable users to securely store encrypted data on Nillion's network of nodes and allows computations to be made on the masked data, eliminating the need for decryption and enhancing the data's security.

As data is natively encrypted, Nillion could be a natural choice for developers building private prediction LLMs or who need secure decentralized compute solutions for healthcare, passwords, and trading applications.

Why we’re watching:

Nillion had previously stated that it would operate an incentivized testnet for users who help to test the chain's baseline performance.

An airdrop that rewards early project participants while decentralizing network ownership could very well coincide with Nillion's mainnet deployment, which is scheduled for imminent deployment in February 2025.

1. [quest 567 "Download the Keplr Wallet"]
2. [quest 568 "Add the Nillion Testnet"]
3. [quest 569 "Get Testnet Tokens"]
4. [quest 570 "Send NIL Testnet Tokens"]
5. [quest 573 "Stake Testnet NIL and Participate in Governance"]