CoinWorld reported that on April 1st, Arkham disclosed that EdgeX nominally airdropped approximately $195 million to users. However, after on-chain analysts questioned this, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, which at the current valuation is about $94.6 million, nearly half of the total airdrop amount. Arkham also stated that approximately 69.5% of the tokens are still in developer-related wallets, with another 7% yet to be distributed, estimating that the actual circulating supply is only about 9.5%.

EDGEX1.37%
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