Today in Markets

Dymension's Chaotic Airdrop

The DYM token pumped despite a rough launch.
Jack Inabinet Jack Inabinet Feb 7, 20241 min read
market analysis Dymension's Chaotic Airdrop

Modular settlement layer Dymension went to mainnet yesterday, distributing 70M DYM tokens worth $420M to bluechip NFT holders and participants in the Celestia, Ethereum, Solana, and Cosmos ecosystems in the process! What should you do with your free DYM?

Dymension’s launch was anything but perfect, with Chorus One’s bad validator controlling over one-third of DYM staked, preventing the chain from coming to consensus and causing chaos on Crypto Twitter during the early hours of mainnet.

Citizen only

Upgrade to continue reading

  • Support the Bankless Movement
  • Premium Feed: Ad Free & Bonus Content
  • Daily Market Analysis & Research
  • Airdrop Hunter: Guided, Vetted Projects
  • Claimables: Find & Claim Airdrops + more
  • Private Discord w/ David & Ryan
Explore all the benefits
No Responses
Get the Full
Bankless Experience

Get exclusive access to this content, token insights, and airdrop insider access!

Early Access to Products

Token Hub

Premium Podcast Feed

Bankless Badge


Private Discord w/ David & Ryan

Exclusive Articles & Podcast

Early Access to Products

PLUS $808+ of value in Citizen Deals! Your citizenship awaits!

Become a Citizen

Already a citizen? Log In