Peanut.Trade (NUX) Airdrop Details: How It Worked and What Happened to the Tokens

Back in 2021, if you were active in crypto communities, you probably saw the Peanut.Trade airdrop pop up everywhere. CoinMarketCap promoted it as a simple way to get free NUX tokens - just follow a few steps, and you might win a share of $22,000 in tokens. Thousands signed up. But what happened after the airdrop? And is there any value left in those tokens today?

How the Peanut.Trade Airdrop Actually Worked

The Peanut.Trade airdrop wasn’t a mystery. It was a straightforward campaign run through CoinMarketCap in mid-2021. To qualify, you had to do four things:

• Add NUX to your CoinMarketCap watchlist
• Join the official Peanut Telegram group (t.me/peanuttrade)
• Follow the Peanut announcement channel on Telegram (t.me/peanutann)
• Follow @PeanutTrade on Twitter
• Fill out the registration form on CoinMarketCap’s airdrop page

That’s it. No KYC, no deposit, no complex tasks. The goal was clear: build awareness and grow a community around a new DeFi tool. The total pool was 71,000 NUX tokens, split among 2,000 winners. That meant each winner got up to 35.50 NUX tokens. The winners were announced on August 27, 2021, and tokens were sent out by August 31, 2021.

What Was Peanut.Trade Trying to Do?

Peanut.Trade wasn’t just another meme coin. It was a DeFi protocol built to fix a real problem: slippage on decentralized exchanges. Most DEXs like Uniswap suffer from price gaps between what you see and what you get when you trade. Big trades move the market, and retail traders lose out. Peanut’s solution was clever.

It split its liquidity: 90% went to Uniswap (or other DEXs), and 10% was held in a smart contract that monitored prices on centralized exchanges like Coinbase or Binance. If the price on a CEX drifted too far from the DEX, Peanut’s system would automatically adjust liquidity to balance it out. This reduced slippage for traders using Peanut-powered pools.

It also had anti-bot features. Many DeFi bots scan for price differences and front-run trades - buying before you, then selling right after. Peanut’s protocol made that harder by adding random delays and masking trade patterns. It wasn’t perfect, but it was a step toward fairness.

The Token Launch and Distribution Schedule

Peanut’s token generation event (TGE) happened on February 15, 2021. At that point, the token price was still low, but the project had already raised $7.96 million across five funding rounds, including an IEO. The tokenomics were designed to prevent a dump.

Only 3.5% of the total supply was unlocked at launch. The rest - 96.5% - was released slowly: daily, over 700 days (about 23 months). That’s a long vesting period. It was meant to keep early investors, including the team, from selling everything right away. Some allocations were even spread over 750 days.

This structure made sense. If you were a big investor, you couldn’t cash out fast. If you were a retail user who got tokens in the airdrop, you were encouraged to hold. The idea was to build long-term trust.

What Happened to the NUX Token Price?

Here’s where things took a sharp turn.

At its peak, NUX hit $31.69 per token. That was in early 2021, right after the TGE. If you’d gotten the full 35.50 NUX in the airdrop at that price, your share would’ve been worth over $1,100. That’s life-changing money.

But by August 2021, when the airdrop winners got their tokens, the price had already crashed. It was trading around $0.31. That’s a 99% drop from the peak. The airdrop’s $22,000 value was based on that lower price - not the peak.

Fast forward to October 2025: NUX is trading at $0.0042. That’s 99.99% below its all-time high. The same 35.50 NUX tokens you got in 2021 are now worth about $0.15. You’d need to hold 23,000 tokens to make $100. The market cap is around $210,000. The token is ranked #6594 by market cap on CoinGecko.

Where Can You Trade NUX Today?

You still can trade NUX, but not easily. The main exchange is Gate.io, where the NUX/USDT pair handles most of the volume - about $83,000 in 24 hours. You’ll also find it on LATOKEN and Uniswap V2 on Ethereum. But liquidity is thin. If you try to sell more than a few thousand tokens at once, you’ll drag the price down hard.

Trading volume is low. CoinGecko reports around $100,000 daily volume; Coinbase says $66,000. That’s not enough to support serious trading. Most activity comes from people holding out hope, not active traders.

Are There Any Price Predictions Left?

Yes - but they’re wildly different.

CoinLore predicts NUX could hit $1.80 by 2026, $6.69 by 2029, and even $28.52 by 2041. Their models use AI, technical indicators, and historical bull market patterns. They assume a massive crypto bull run returns, and Peanut becomes a key DeFi tool again.

But more conservative analysts say otherwise. CoinCodex forecasts $0.003063 by late 2025 - barely above today’s price. WalletInvestor’s October 2025 data shows NUX at $0.00372. CoinDataFlow thinks it’ll stay between $0.003 and $0.0065 through 2025.

The gap between these forecasts is huge. One says you could make 1,000x. The other says you’ll barely break even. The truth? No one knows. NUX is a low-cap token with little trading volume, no major exchange listings, and no recent product updates. It’s not dead - but it’s not alive either.

What Should You Do If You Still Have NUX Tokens?

If you got NUX in the airdrop and still hold it:

• Check your wallet. Make sure you didn’t lose the private key or send it to the wrong address.
• Don’t panic-sell. The price is low, but it’s not zero.
• Watch for news. Has Peanut released any updates? Any new partnerships? Any new exchange listings? If nothing’s changed since 2022, don’t expect a miracle.
• Consider it a learning experience. Most airdrops from 2021 are worthless now. This isn’t unique.

If you missed the airdrop - don’t chase it. The token has lost 99.99% of its value. The risk of buying now is high, and the upside is speculative at best.

Why Did the Peanut.Trade Airdrop Fail to Last?

Many airdrops in 2021 were hype-driven. People signed up for free tokens, sold them immediately, and moved on. Peanut tried to build something real - a price-balancing protocol - but it didn’t gain enough traction.

DeFi is crowded. Uniswap, SushiSwap, Curve, and Balancer dominated. Peanut’s solution was smart, but not enough to stand out. Without strong marketing, big partnerships, or developer adoption, the protocol faded.

The crypto market also crashed hard after May 2021. Bitcoin dropped from $64,000 to $30,000. Altcoins got crushed. Projects without strong fundamentals disappeared. Peanut was one of them.

What’s the Lesson Here?

Airdrops are fun. Free tokens feel like luck. But most of them are marketing tools, not investments.

Peanut.Trade’s airdrop gave people a chance to get in early. But the real value wasn’t in the tokens - it was in the idea. And ideas don’t survive without execution.

If you’re thinking about joining any airdrop today, ask yourself:

• Is this project solving a real problem?
• Is there active development, or just social media posts?
• Are the team and investors locked up for years, or are they free to dump?
• Is the token listed on major exchanges, or just obscure ones?

Peanut.Trade’s story isn’t unique. It’s a cautionary tale. A smart idea, a decent airdrop, and a market crash - and now, it’s barely a footnote.