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CoinGecko’s latest report reveals that the leading 50 crypto airdrops have dispensed tokens valued at $26.6 billion from 2020 to 2023. 
According to the&nbsp;Dec. 21 <a href="https://twitter.com/coingecko/status/1737827535260688531" target="_blank" rel="noreferrer noopener">post</a> on X, Uniswap (UNI) holds the record for the largest crypto airdrop, distributing $6.43 billion of UNI on Sept. 16, 2020, at its all-time high (ATH) token price of $42.88.&nbsp; 
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 What are the biggest crypto airdrops? Our study shows that the top 50 airdrops have distributed $26.6 billion worth of tokens in total, based on their all-time high valuation, from 2020 to 2023. Read the full study: <a href="https://t.co/JAB6rAM5Po" target="_blank">https://t.co/JAB6rAM5Po</a> <a href="https://t.co/n9ecq2G85x" target="_blank">pic.twitter.com/n9ecq2G85x</a>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1737827535260688531?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 21, 2023</a>
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This was followed by Apecoin (<a href="https://crypto.news/price/apecoin/">APE</a>), which distributed $3.54 billion worth of APE on Mar. 17, 2022, at its ATH token price of $23.63. Notably, Apecoin’s airdrop specifically rewarded Yuga Labs ecosystem owners with a generous allocation of up to 10,950 tokens, valued at $258,737.&nbsp; 
Meanwhile, dYdX (<a href="https://crypto.news/price/dydx/">DYDX</a>) secured the third position in the crypto airdrop rankings, distributing $2 billion worth of DYDX on Sept. 8, 2021, at its ATH token price of $26.80. It’s worth noting that the complete value of the DYDX airdrop is subject to a prolonged vesting period spanning five years, with portions released incrementally. 
Together, the report concludes that the airdrops from Uniswap, Apecoin, and dYdX contribute significantly to the cumulative value, amounting to $11.99 billion and comprising 45.1% of the top 50 biggest crypto airdrops—the remaining airdrops among the top 50 range to $1.97 billion. 
Two weeks earlier, the&nbsp;Solana-based liquid staking protocol <a href="https://crypto.news/jitos-165m-airdrop-rains-on-solana/" target="_blank" rel="noreferrer noopener">Jito</a>&nbsp;initiated a highly anticipated airdrop, dispersing 90 million JTO governance tokens among its user base in what is said to be a model after Uniswap.&nbsp; 
This noteworthy airdrop event stands out against a broader trend in the crypto space. A recent report reveals a decline in major crypto airdrops during 2022 and 2023, with only 14 and 13 airdrops securing positions in the top 50 rankings. 
 Read more: <a href="https://crypto.news/coingecko-reveals-that-more-more-than-half-of-countries-globally-have-legalized-cryptoassets/"> CoinGecko reveals that over half of countries globally have legalized crypto assets </a>

CoinGecko details the largest crypto airdrops of all time

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