A relatively low-profile crypto trading platform has recorded a sharp and unusual spike in trading activity, as users rush to position themselves for a potential future airdrop. The surge highlights how incentive-driven programs continue to shape behavior across digital asset markets.
Trading Volume Jumps on Airdrop Speculation
Genius Terminal, a trading platform advised by Binance co-founder Changpeng “CZ” Zhao and backed by YZi Labs, recently reached a record single-day trading volume of $787 million. Data shows the platform has now exceeded $2 billion in weekly volume, compared to roughly $85 million just one week earlier.
A significant share of activity — around $728 million — originated from EVM-compatible networks, reflecting strong demand from traders operating within Ethereum-based ecosystems. Average trading volume per wallet has climbed to more than $82,000, indicating unusually high engagement levels.
The growth appears driven less by organic adoption and more by airdrop anticipation. Traders are actively increasing volume to earn Genius Points (GP), a rewards system that tracks activity, referrals, and transaction frequency. While no official airdrop date has been confirmed, the platform has repeatedly hinted at possible token distributions in 2026.
Such incentive-led participation, often called airdrop farming, has become common in crypto markets. While it can generate rapid liquidity and attention, it also carries risk, as future token value remains uncertain.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.