Franklin (FLY) Airdrop Tracker
CoinMarketCap Airdrop
July 19–28, 2025
Value: ~500,000 FLY (~$25K)
Eligibility: KYC + Follow + Quiz
View DetailsBitget Airdrop
Ongoing
Value: Up to several thousand FLY/month
Eligibility: Challenge-based tasks
View DetailsAirdrop Checklist
- Verify contract address on Etherscan ✓
- Set up ERC-20 compatible wallet ✓
- Complete KYC requirements ✗
- Calculate gas fees ✗
- Consider staking for passive income ✓
If you’ve been scrolling crypto forums and Twitter feeds this month, you’ve probably seen the buzz around the Franklin (FLY) airdrop. The token’s low price, tiny market cap, and a series of free‑token giveaways make it an attractive target for anyone looking to dip a toe into a new DeFi project without spending much. This guide breaks down who’s behind the token, what the recent airdrop campaigns looked like, how you can actually claim the tokens, and the risks you should weigh before jumping in.
What is Franklin (FLY) and Where Does It Live?
Franklin (FLY) is a utility token that powers the FLyECO ecosystem, a collection of decentralized finance (DeFi) tools designed for traders and token holders. The ecosystem includes a launchpad for Initial DEX Offerings, a signal service for manual and API trading, a dedicated DEX, and staking & farming modules. In practice, holding FLY lets users pay reduced fees on the platform, earn rewards from staking pools, and access exclusive launchpad projects.
The FLyECO Ecosystem at a Glance
Understanding the surrounding products helps you see why an airdrop might matter. The main components are:
- FLy Launchpad - a portal for IDO projects where FLY can be used for allocation.
- FLy Trading Signals - provides curated trade ideas, both manually and via API.
- FLyDEX - a decentralized exchange optimized for low‑slippage swaps.
- FLy Staking - lets token holders lock FLY for time‑based rewards.
- FLy Farming - liquidity‑mining pools that pay out in FLY.
All of these services revolve around the same token, so a broader distribution through airdrops can boost utility and liquidity across the board.
Recent Airdrop Campaigns: A Timeline
Three platforms have run notable Franklin airdrops in the past year. Below is a quick timeline:
- July 19‑28, 2025 - CoinMarketCap hosted a $25,000 worth of FLY giveaway.
- June 8, 2025 - Binance dropped 164 FLY tokens to eligible users.
- Ongoing (as of Oct2025) - Bitget runs periodic challenge‑based airdrops that convert earned rewards into FLY.
Each campaign had its own set of rules, token amounts, and claim processes. Let’s dig deeper.
CoinMarketCap ,000 Airdrop - How It Worked
CoinMarketCap is a leading crypto data aggregator that occasionally runs promotional airdrops for emerging projects. The Franklin airdrop ran from 07:00UTC on July19 to 23:59UTC on July28, 2025. Participants had to:
- Log into their CoinMarketCap account or create a new one.
- Navigate to the “Airdrop” tab and locate the Franklin (FLY) campaign.
- Complete a short KYC check (email verification and a selfie).
- Follow the official Franklin Twitter handle (@FrankLinYield) and retweet the airdrop announcement.
- Answer a quick quiz about the FLyECO ecosystem (e.g., “What fee discount does staking provide?”).
After completing the steps, users were allocated a proportional share of the $25,000 pool, which at the time equated to roughly 500,000FLY tokens (based on the market price of $0.00005). Tokens were distributed to the user’s wallet address on the Ethereum network within 48hours of the contest closing.
Binance 164‑Token Drop - The Quick Hit
Binance is the world’s largest crypto exchange, known for occasional small‑scale airdrops to boost new listings. On June8, 2025, Binance airdropped 164FLY tokens to users who had completed the “Earn Rewards” challenge within the Binance Earn section. The eligibility criteria were:
- Hold at least 0.1BNB in the Binance spot wallet.
- Complete a “Learn About DeFi” quiz (five multiple‑choice questions).
Bitget Ongoing Airdrops - A Gamified Approach
Bitget is a crypto derivatives exchange that runs regular promotional events. Their Franklin airdrop strategy is tied to platform challenges: trade a certain volume, refer friends, or complete a “Daily Quest” on the Bitget app. Completed tasks earn points, which are then converted into FLY tokens at a rate that fluctuates with market demand.
Key features of the Bitget program:
- No direct KYC beyond the standard exchange onboarding.
- Rewards are cumulative - the more tasks you finish, the higher the token payout.
- All earned tokens can be transferred out of Bitget, so you can move them to a personal wallet or a DeFi staking pool.
Because the program runs continuously, it’s the most reliable way for new users to accumulate a meaningful amount of FLY over time.
How to Claim and Convert Your FLY Tokens
Once you’ve earned FLY, the next step is to move it to a wallet where you can actually use it. Here’s a practical flow:
- Set up an ERC‑20 compatible wallet. MetaMask, Trust Wallet, or a hardware wallet like Ledger all work.
- Copy your wallet address. Double‑check the checksum to avoid lost funds.
- Trigger the claim. For CoinMarketCap and Binance, the tokens appear automatically; you just need to click “Withdraw”. For Bitget, navigate to the “Airdrop Rewards” page and press “Transfer to External Wallet”.
- Verify receipt. Use a block explorer (Etherscan) and paste your address to see the incoming FLY transaction.
- Stake or farm if you want passive income. Connect your wallet to the official FLyECO staking page (https://tokenfly.co/stake) and lock the desired amount. Rewards are typically paid out weekly.
If you’d rather exchange FLY for a more liquid coin, services like SwapSpace let you swap airdrop tokens for USDT or BUSD at market rates. Keep in mind that swap fees can be higher on low‑liquidity pairs, so it’s often cheaper to hold and stake.
Risks, Data Inconsistencies & What to Watch For
The Franklin token data landscape is a bit chaotic. Different analytics platforms report wildly divergent circulating supplies and market caps. For instance, Holder.io lists 519million FLY in circulation, while Binance shows essentially zero on their public pages. Such mismatches hint at low reporting standards and possibly limited liquidity.
Key risk factors:
- Volatility: Prices have swung from $0.0221 (1‑year high) to $0.000000003 (all‑time low), making short‑term trading risky.
- Liquidity: Daily volume on Uniswap and ProBit is often under $10, which can cause slippage when you try to sell large amounts.
- Supply confusion: Conflicting reports on total vs. circulating supply can affect perceived scarcity.
- Regulatory uncertainty: Smaller tokens sometimes face delistings or name changes (e.g., Gate.io renamed the token to FRANKLINFLY in June2025).
Always treat airdropped tokens as experimental. Consider allocating only a small portion of your portfolio until the ecosystem proves its utility.
Quick Airdrop Comparison Table
| Platform | Date / Duration | Tokens Distributed | Eligibility | Claim Method |
|---|---|---|---|---|
| CoinMarketCap | July19‑282025 (10days) | ≈500,000FLY (≈$25k) | Account + KYC + social follow + quiz | Auto‑credit; withdraw via ERC‑20 address |
| Binance | June82025 (one‑day) | 164FLY | Hold ≥0.1BNB + complete DeFi quiz | Auto‑credit; withdraw from Binance wallet |
| Bitget | Ongoing (monthly challenges) | Variable; up to several thousandFLY per active user | Complete trading, referral, or daily‑quest tasks | Transfer from “Airdrop Rewards” page to external wallet |
Checklist Before You Jump In
- Verify the token contract address on Etherscan (0x... placeholder) to avoid scams.
- Use a hardware or reputable software wallet for storage.
- Keep track of KYC requirements for each platform.
- Calculate expected gas fees; they can exceed the airdrop value on congested days.
- Consider staking FLY on the official FLyECO platform to earn passive rewards.
Frequently Asked Questions
What is the official contract address for Franklin (FLY)?
The ERC‑20 contract for Franklin (FLY) is listed on the official tokenfly.co site and can be verified on Etherscan. Always copy the address directly from the official source to avoid phishing.
Can I claim the airdrop if I don’t have an Ethereum wallet?
Most platforms (CoinMarketCap, Binance, Bitget) will credit the tokens to an internal wallet first. You’ll need to set up an ERC‑20 compatible wallet to withdraw them to a personal address.
Is there a tax implication for receiving free FLY tokens?
In many jurisdictions, airdropped tokens are considered taxable income at the fair market value on the day you receive them. Consult a local tax professional for guidance.
How can I increase my chances of getting more FLY from Bitget?
Complete as many daily quests as possible, refer active traders, and maintain a steady trading volume on Bitget. The platform assigns points proportionally, so higher engagement means larger token payouts.
Should I sell the airdropped FLY immediately?
Given the token’s low liquidity and high volatility, selling right away could result in a big spread loss. Holding for a few weeks and staking can help you earn additional tokens while you wait for price stability.
Darren Belisle
Great guide-thanks for the clear steps!!!
Heather Zappella
The breakdown is thorough, especially the tax implications section. In many jurisdictions, airdropped tokens are treated as ordinary income at fair market value on the day of receipt, so keeping records of the date and valuation is essential. Also, consider the gas costs when withdrawing small amounts; they can quickly erode any potential profit.
Sal Sam
Yo, the FLY token is an ERC‑20 asset, so you’ll be dealing with Ethereum gas fees every time you claim or move it. If you’re planning to farm on the FLyECO staking pools, watch the APY curves-some of them are front‑loaded and will decay over time. Also, the Bitget challenge system uses a points‑to‑token conversion algorithm that can be gamed by batching small trades, but be aware of the slippage on low‑liquidity pairs.
Anna Engel
Oh wow, another “massive” airdrop of 500 k tokens worth $25 k-because the crypto world totally needs more free money that instantly evaporates into dust. Nothing says “sustainable project” like handing out tokens that have zero demand beyond the hype cycle.
manika nathaemploy
i think its cool but watch out for gas feez like seriously they can eat up the whole airdrop if the network is busy. also double check the contract address so you don’t fall for a scam.
Brian Lisk
First off, kudos to the author for compiling such a detailed guide-few people take the time to lay out every step and risk, which is commendable. When you look at the CoinMarketCap airdrop, the implementation of KYC combined with social actions creates a barrier that filters out bots, but it also adds friction for legitimate users. The Binance drop, albeit modest in size, cleverly leverages existing BNB holdings to ensure that participants have skin in the game, which aligns incentives. Bitget’s ongoing challenges are a double‑edged sword; on one hand they provide a steady stream of rewards for active traders, but on the other hand they incentivize volume that may not translate into genuine ecosystem usage. Regarding claim mechanics, the auto‑credit system used by CMC and Binance simplifies the user experience, though it also means you have less control over the timing of the distribution, potentially exposing you to front‑running risks. The Bitget transfer step requires manual interaction, which is a good safety net but adds an extra hurdle. When transferring to an ERC‑20 wallet, always verify the address checksum; a single character mistake can result in irreversible loss. Now, let’s talk about gas fees. During periods of network congestion, the cost to move a few hundred FLY tokens can exceed the token’s market value, making immediate liquidation uneconomical. One strategy is to batch withdrawals with other ERC‑20 assets you might already be moving, thereby amortizing the gas cost across multiple transfers. Staking on the FLyECO platform does offer an attractive APY, but remember that reward rates are often dynamic and can be reduced if the total staked amount surges. It’s wise to monitor the staking pool’s health and consider diversifying across multiple DeFi protocols if you want to mitigate smart‑contract risk. Finally, the volatility of FLY cannot be overstated. Price swings from a few cents to micro‑dollar levels have been observed within weeks, making any short‑term trade highly speculative. If you are risk‑averse, treat the airdrop as a “learning token”-use it to explore the FLyECO ecosystem, learn how staking and farming work, but allocate only a small slice of your portfolio. In summary, the guide provides a solid foundation, but the onus is on the individual to assess personal risk tolerance, calculate realistic gas costs, and stay vigilant for potential scams.
Richard Bocchinfuso
People really need to read the fine print before jumping on these giveaways. Too many skip the KYC steps and end up with nothing when the tokens finally drop. And don’t even get me started on the gas fees-most newbies think they’re getting free money, but the network charges can eat it all.
Ricky Xibey
Totally agree, the hidden costs are a nightmare.
Moses Yeo
Interesting how every platform claims it’s "transparent"-but the numbers don’t add up!!! Supply figures are all over the place, and the liquidity is almost non‑existent. Maybe it’s a test of who’s actually paying attention???
Lara Decker
The project looks like a classic pump‑and‑dump scheme. Low liquidity, wildly varying supply data, and promotional airdrops that are basically marketing gimmicks. If you’re not comfortable with that level of risk, steer clear.
Debra Sears
While I see your concerns, it’s also worth noting that early‑stage tokens often have imperfect data. Engaging with the community, asking questions on their official channels, and watching how the team responds can give you a better sense of legitimacy.
Don Price
Look, the whole airdrop narrative is a distraction orchestrated by insiders who want to inflate perceived demand. The sudden spike in social media mentions isn’t organic; it’s a coordinated push to create FOMO, which then fuels higher token prices that benefit the early whales. Moreover, the opaque supply metrics hint at possible hidden minting powers reserved for the development team-a classic backdoor for future inflation. If you truly care about decentralization, you need to question why a token with such a low market cap is being handed out for free without any clear governance framework. In short, treat this as a social experiment rather than a genuine investment opportunity.
Jasmine Kate
Wow, the drama around this airdrop is insane! One minute everyone’s hyped, the next the price drops like a stone. It’s like watching a reality TV show where the contestants are crypto tokens and the stakes are your sanity.
Mark Fewster
The guide is useful, but remember to double‑check the contract address!!! A single typo can lead to lost funds!!!
Kate O'Brien
Sounds cool! I’ll try the Bitget challenges, they seem easy enough.