Airdrop Weekly Report | Aster Phase 5 airdrop will begin on December 22; TGE's break-even rate for 2025 projects is 84.7% (December 15-21).
- 核心观点:近期多个项目集中开放空投申领。
- 关键要素:
- RateX、Aster等6个项目开放申领。
- 新项目空投排放量趋于减少。
- 年内TGE项目破发比例高达84.7%。
- 市场影响:增加市场代币供应,考验项目价值。
- 时效性标注:短期影响。
Original article by Odaily Planet Daily ( @OdailyChina )
Author|Golem ( @web3_golem )

Odaily Planet Daily has compiled a list of airdrop projects available for claiming from December 15, 2025 to December 21, 2025, and summarized important information about the airdrops during this period. See the main text for details.
RateX
Project and Air Investment Price Introduction
RateX is a Solana ecosystem-structured revenue-generating product. The project announced its airdrop application opening on December 19th, with over 42,000 addresses eligible. The snapshot was taken on December 1st. Any RateX points earned after the snapshot will carry over to Season 2.
The total supply of RTX is 100 million tokens, of which 44.18% will be allocated to the ecosystem and community, 20% to the team, 20% to the treasury, and 15.82% to investors. Of the 44.18% allocated to the ecosystem and community, 6.66% of the total token supply will be allocated in the first quarter airdrop, with the remainder to be distributed in phases after TGE.
Financing situation
RateX has raised over $7 million in total funding. It completed its seed round on July 16, 2024, with participation from GSR, SNZ Holding, Kucoin Ventures, and others. It completed its $7 million funding round on November 21, 2025, with participation from GSR, Crypto.com Capital, Gate, and others.
Application period and link
Application period: From December 19, 2025 to present
Link: https://claim.rate-x.io/
price
According to CoinGecko data, the current price of RTX is 3.56 USDT.
Aster
Project and Air Investment Price Introduction
Aster is a decentralized perpetual contract exchange, and the project announced the opening of the third phase of airdrops on December 15.
Financing situation
Aster received a strategic investment from YZi Labs on November 28, 2024, for an undisclosed amount.
Application period and link
Application period: December 15, 2025 to January 15, 2026
Link: https://www.asterdex.com/en/airdrop
price
According to CoinGecko data, ASTER is currently priced at 0.69 USDT.
vooi
Project and Air Investment Price Introduction
vooi is a perpetual contract DEX aggregator that supports both EVM and non-EVM networks. The project announced the opening of airdrop applications on December 18th. Trading credit holders, V1 users, and Cookie campaign winners are all eligible to receive the airdrop.
The official token economic model information is as follows: the total supply is 1 billion tokens, of which airdrops and community sales account for 10.53%; community development and marketing (including the second quarter airdrop) account for 27.82%; community contributors account for 17%; private placements and strategic investors account for 13.65%; and the project foundation accounts for 31%.
Financing situation
vooi received investment from YZi Labs on August 22, 2024, the amount of which was not disclosed.
Application period and link
Application period: December 18, 2025 to January 18, 2026
Link: https://app.vooi.io/claim/
price
According to CoinGecko data, the current price of VOOI is 0.088 USDT.
River
Project and Air Investment Price Introduction
River is a blockchain-based, abstract stablecoin system that connects assets, liquidity, and yield across multiple blockchains. On December 18th, the project announced the opening of its second-quarter airdrop application; users who participate in the interaction are eligible to receive the airdrop.
Financing situation
River has raised over $2 million in total funding. On March 26, 2024, it completed a Pre-Seed round of funding led by Waterdrip Capital, with participation from MH Ventures, Cogitent Ventures, MoveBit, and others. On July 9, 2024, it completed a $2 million seed round of funding led by CMS Holdings and RockTree Capital, with participation from Cypher Capital, Side Door Ventures, Comma3 Ventures, and others.
Application period and link
Application period: December 18, 2025 to December 22, 2025
Link: https://app.river.inc/airdrop
price
According to CoinGecko data, the current price of RIVER is 3.25 USDT.
Infrared
Project and Air Investment Price Introduction
Infrared is an application based on Berachain's Proof-of-Liquidity consensus mechanism. The project announced the opening of airdrop applications on December 17th, giving users who had previously participated in the interaction a chance to receive the airdrop.
Financing situation
Infrared has raised a total of $18.75 million. On January 29, 2024, it completed a $2.5 million seed round of financing, led by Synergis Capital, with participation from NGC Ventures, Shima Capital, dao5, and others. On June 24, 2024, it completed a $2.25 million strategic financing round, led by YZi Labs. On March 4, 2025, it completed a $14 million Series A financing round, led by Framework Ventures, with participation from NGC Ventures, Ether.Fi, No Limit Holdings, and others.
Application limits and links
Application period: December 17, 2025 to January 1, 2026
Link: https://infrared.finance/airdrop
price
According to CoinGecko data, the current price of IR is 0.22 USDT.
Magma Finance
Project and Air Investment Price Introduction
Magma Finance is a decentralized trading and liquidity hub on Sui. The project announced the opening of airdrop applications on December 17th.
Financing situation
Magma Finance completed a $6 million funding round on December 8, 2025, with participation from HashKey Capital, SNZ Holding, SevenX Ventures, and others.
Application limits and links
Application period: December 17, 2025 to March 17, 2026
Link: https://app.magmafinance.io/airdrop/home
price
According to CoinGecko data, the current price of MAGMA is 0.131 USDT.
Important airdrop information
- Aster: Phase 5 airdrops will begin on December 22nd and last for 6 weeks.
On December 17th, Aster announced that on December 22nd, Aster will enter its fifth airdrop phase, named "Crystal." This phase marks the lowest airdrop volume to date and is a deliberate step towards stricter supply discipline within the Aster Chain. The fifth phase will last for six weeks (December 22, 2025 to February 1, 2026), distributing 1.2% of the total supply (approximately 96 million ASTER), with an optional three-month vesting period.
- RNBW Token Economics: Total supply 1 billion, TGE airdrop accounts for 15%
On December 16th, CoinList announced the economics of Rainbow's RNBW token . The total supply is 1 billion tokens, with 15% allocated to airdrops at TGE, approximately 3% to community pre-sales via CoinList, 47% to the treasury, 12.2% to the team, 7.8% to investors, and 15% to the community. The circulating supply at TGE will be approximately 20% (including airdrops and pre-sales). Previously, Rainbow announced today that the planned TGE date for RNBW tokens is February 5th, 2026.
- MocaPortfolio has announced details of its ME token sale, with a total allocation of 2.195 million ME tokens.
On December 19th, Moca Network's MocaPortfolio announced the listing of Magic Eden tokens (ME). A total of 2,195,000 ME tokens will be allocated. MOCA stakers must burn between 5,000 and 20,000,000 Staking Power to participate. Registration will be open from 13:00 on December 18th to 01:00 on December 29th (UTC).
The Magic Eden token airdrop is the first airdrop in the MocaPortfolio program, and more token airdrops from Animoca Brands ecosystem projects will be announced in the future.
- This year, 84.7% of the 118 TGE matches saw players break serve, with a median break-serve percentage of 71%.
Ash Liew, founder of Memento Research and head of investment at Signum Capital, wrote on December 20 that the firm tracked 118 TGE (token generation events) in 2025 and compared their current FDV with their valuation at the time of issuance.
The results show that 84.7% (100 / 118) of the projects currently have a lower FDV than their TGE valuation, which means that about 4 out of 5 projects will experience a price drop after launch; the median price drop is 71% lower than the initial offering valuation (67% lower in MC terms); only 15% of the tokens are still up in value compared to TGE.


