A list of projects that pledge PYTH and have a chance to receive airdrops

This article will take you to explore projects that may receive airdrops by pledging $PYTH.

Written by: Money Bunny

Compiled by: Shenchao TechFlow

Pyth Network has previously confirmed airdrops, and this is just the beginning.

Due to the nature of oracle projects, other projects often use Pyth’s oracle price feeds, which also creates space for joint marketing activities.

This article will take you to explore projects that may receive airdrops by pledging $PYTH.

What is Pyth networking?

Pyth network is a first-party financial oracle network designed to publish continuous real-world data to the chain in a tamper-proof environment.

Although it has only been launched recently, Pyth network already covers more than 400 Price Feeds, more than 290 dApps, and more than 49 blockchains.

Token$Pyth

The total supply of $PYTH is 10 billion tokens, and this total supply will not increase. Additionally, 85% of tokens are initially locked in contracts

Data for $PYTH:

*Current price: $0.336

• All-time high: $0.56
• Market cap: $503.91 million

Where to stake?

The token is located on the Solana network, and the staking address can be found here.

In addition, users can also participate in voting for Pyth Dao, please click here.

Staking your tokens enables you to participate in Pyth network governance. Newly staked tokens are eligible for governance votes at the beginning of the next epoch. (Epoches start every Thursday at 00:00 UTC and last 7 days).

If you want to be among the top 10-20% of all stakers, it is recommended to stake at least 1,000 $PYTH (approximately $336).

Users can view the points earned by staking from the Dune dashboard, please click here.

Projects that will be airdropped soon

1.Monad ($19 million in financing)

Monads are high-performance Ethereum-compatible L1 that improves decentralization and scalability.

They completed a $19 million seed round of financing led by Dragonfly, with participation from institutions such as Lemniscap and Placeholder.

2.Zeta Markets (raised $8.5 million)

Zeta Markets are DeFi derivatives that provide the speed and user experience of a centralized exchange with self-custody and transparency on Solana.

Zeta Markets completed $8.5 million in financing led by Jump Capital, with participation from Race Capital, Electric Capital, and DACM.

3.Drift Protocol (raised $3.8 million)

Drift Protocol is a decentralized perpetual contract exchange based on Solana.

They successfully raised $3.8 million in a funding round led by Multicoin Capital with participation from Jump and Alameda.

4. Polynomial ($1.1 million in financing)

Polynomial is a decentralized derivatives trading exchange powered by the Synthetix protocol

Polynomial Protocol raised $1.1 million in pre-seed financing, led by Acrylic, with participation from Caballeros Capital, GenBlock Capital and other institutions.