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One platform for global traditional assets
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Arkham: Nearly Half of EdgeX Airdrop Tokens Allocated to Partners and LPs, Actual Circulation Ratio Only About 9.5%
On April 1, Arkham revealed that EdgeX nominally airdropped approximately $195 million to users. However, after on-chain analysts raised questions, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, amounting to about $94.6 million at current valuations, nearly half of the total airdrop. Arkham also stated that approximately 69.5% of the tokens are still held in developer-related wallets, and another 7% have not yet been distributed, leading to an estimated actual circulation ratio of only about 9.5%.