$OP Airdrops

    Was the Optimism Airdrop a Success?

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    What Recipients Did With Their OP

    Optimism Airdrop Stats

    This dashboard investigates the airdrop, which the Optimism blockchain issued of their $OP governance token.

    Optimism is a “layer 2” blockchain which sits on top of the Ethereum blockchain. It is part of the scaling vision of the Ethereum network. It offers speed and low transaction fees, while still providing the security of the Ethereum mainnet.

    An “airdrop” is not supplies parachuted from an airplane or the transfering of files between Mac devices.

    It is the method through which a protocol or blockchain distributes their tokens initially. The hope is that the recipients will support the network, by engaging in its applications, delegating their tokens and participating in governance.

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    The delegatooooors

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    • A large percentage of the $OP token saw claimed
    • While a majority of the airdrop recipients sold their tokens, a significant number did hold on to their tokens.
    • Of those who held their tokens, a large number are taking advantage of the extra revenue from staking.
    • A very small percentage of users added to their OP balance.


    The Flipside Optimism Core schema was used, specifically the fact_token_transfers table and the fact_delegation table

    The contract address controlling the airdrops provided the ability to detect the recipients and the amounts.

    Key Insights

    The Madness to the Method

    hodler - Claimed the drop and hun on to the OP.

    quitter - Grabbed their $OP then dumped it.

    zealot - Not only did they claim their OP, but they bought more.