Leading Airdrops on the SUI Network: A Ranking of the Top 5
Sui, a promising DeFi-focused blockchain, has been making waves in the cryptocurrency world. With a growing ecosystem and strong developer activity, Sui is becoming a favourable platform for various projects.
One such project is Ika Protocol, a DeFi automation protocol boasting over $3.2 million in locked value and more than 12,000 addresses holding personalized smart vaults. Another notable project is Nodo, an AI-powered DeFi protocol that uses autonomous agents to optimize liquidity and yield strategies across integrated protocols like Cetus.
The Sui ecosystem is not just attractive for its strong developer ecosystem but also for its rapidly expanding user base. This is evident in the number of users on platforms like Nexa, an all-in-one trading terminal with over 75,000 users. Nexa offers multi-asset trading, real-time analytics, and portfolio tools, making it a popular choice among users.
Projects on Sui often reward early users through airdrops, a strategy that has been adopted by several platforms. For instance, GiveRep, a protocol that rewards users for on-chain behaviour, participation, and expertise, is another project that has implemented this strategy. Similarly, The Cro team plans to release a CRO governance token, with potential airdrops for active traders and liquidity providers.
Sui's resilience is another factor that sets it apart. Despite a recent security incident, user activity on Sui remained consistent, showcasing the strong community trust and long-term confidence in the platform. The blockchain has also surpassed Base in daily DEX trading volume, further solidifying its position in the DeFi space.
Nodo, another project on Sui, allows users to deposit assets into AI Agent Vaults, earning NDLP tokens, and points expected to convert into airdropped tokens in the future. Meanwhile, Nexa's point-based rewards system tracks trading activity, referrals, and terminal usage, with points expected to play a major role in a future airdrop.
The Top-5 projects on SUI were chosen by developers to offer airdrops for active users. Airdrops help achieve decentralized token distribution, attract and bootstrap a high-quality user base, create effective marketing exposure, and reward genuine engagement rather than quick gains.
Lastly, Cro Aggregator, the leading DEX aggregator on Sui, integrates pricing from 8+ Sui-based DEXs for gas-efficient swaps and optimal routing, making it an essential tool for users navigating the Sui DeFi landscape.
In conclusion, Sui is a thriving DeFi ecosystem with a strong developer community, a growing user base, and a resilient spirit. With airdrop opportunities, innovative projects, and user-friendly tools, Sui is a platform worth keeping an eye on in the ever-evolving world of cryptocurrency.