Genius Terminal, a crypto buying and selling platform backed by YZi Labs (previously generally known as Binance Labs) and suggested by Binance co-founder Changpeng “CZ” Zhao, is seeing exponential development forward of an anticipated “airdrop.”
The comparatively under-the-radar platform simply noticed its highest single-day buying and selling quantity up to now this Saturday, hitting $787 million, in line with Dune analytics knowledge. A big portion of that quantity, about $728 million, got here from Ethereum Digital Machine (EVM)-compatible networks. EVM refers to a digital, decentralized laptop that runs good contracts for apps.
The platform has now surpassed $2 billion in weekly quantity, in line with the information, in comparison with nearly $85 million per week earlier than. The common consumer seems extremely lively, clocking in at round $82,400 in buying and selling quantity per pockets, a determine that was virtually nonexistent earlier than.
Genius Terminal’s weekly quantity surges on airdrop hope (Dune analytics)
Early entry
This sudden development is probably going not simply based mostly on natural curiosity.
Merchants are piling into this platform amid rising expectations of a possible airdrop — a mechanism during which crypto tasks give customers early token allocations as a reward for making an attempt out their new app.
This has gotten customers hyped about buying and selling on the Genius Terminal for the potential for incomes new tokens based mostly on how a lot they commerce — a tactic usually utilized by crypto merchants referred to as “airdrop farming.”
Airdrop farming has been a well-liked pattern amongst crypto customers, enabling them to take part in early-stage tasks and get tokens earlier than they commerce on exchanges. Merchants then promote these early tokens on open exchanges if their costs rise, cashing in on their airdrop-farming efforts. Nevertheless, it is not all the time assured that token costs will rise.
That is virtually the identical as what electric-vehicle maker Rivian did throughout its IPO. If a consumer pre-ordered their automobile, they have been allotted shares on the IPO value, permitting them to make fast potential earnings when the shares began buying and selling within the open market.
Airdrop teaser
Nevertheless, Genius Terminal nonetheless have not confirmed an airdrop date.
What the platform has carried out is tease the potential for such a reward for its customers via posts on social media, referencing “parachutes,” “airdrops in 2026,” and the potential for one thing “huge” coming related to its factors system, Genius Factors (GP).
The platform’s factors program, which does not but embrace tokens, is at the moment in its first “season” and rewards customers based mostly on buying and selling exercise, transactions, and referrals.
The concept is that the extra a consumer trades on the platform, the extra factors they earn, with tiered bonuses that escalate from “Good” to “God” standing. The staff has mentioned GP might make customers eligible for future perks, together with potential token airdrops.
Genius has additionally launched an airdrop web page and advised the token shall be airdropped this 12 months. The challenge is being constructed on the again of a reported “multi-8-figure” funding from YZi Labs, which introduced CZ on as an advisor.
Learn extra: Most new crypto tokens misplaced over 70% in 2025. Here’s what comes subsequent
