Solana-Based DEX Drift Announces 120 Million Token Airdrop

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The Drift Foundation, the entity overseeing the Solana-based DEX, has launched its Drift token and opened airdrop claims. The airdrop consists of 120 million tokens, representing 12% of its total supply of 1 billion. It includes a 2% bonus, or 20 million tokens. Drift is the first protocol to include a bonus component in its airdrop to discourage early selling and avoid network congestion on Solana. Coinbase added the Drift token on Wednesday, and Bybit also announced that it will list Drift.