Crypto airdrops have become lucrative opportunities for the community, offering a chance to earn rewards with minimal or no initial investment. This May, the crypto community is abuzz with several high-potential airdrops.

Here, we explore three notable airdrops backed by strong funding and engaging participation methods.

Bluefin

Firstly, Bluefin secured $29.2 million from top firms like Polychain Capital, ParaFi Capital, CMS Holdings, DeFiance Capital, and Hypersphere Ventures.

Flow Traders, LongHash Ventures, Beam, Alameda Research, and Three Arrows Capital also provided additional support.

While details remain scarce, Bluefin has offered airdrop farmers an early access form since May 10. The DeFi protocol announced a new app version, Bluefin Pro.

Participants can get early access to Bluefin Pro by specifying their wallet and email. Early access offers no extra incentives beyond the platform’s current rewards.

The decentralized perpetual futures protocol runs atop the Sui blockchain and launched an airdrop for its native governance token, BLUE. It allocated up to 170,150,000 tokens (19.68% of the total supply).

“To welcome users to join the Bluefin journey, the Bluefin Foundation has allocated up to 17.15% of the total supply to users across existing and new users,” Bluefin said.

Users can claim 50% of their allocation at the token generation event (TGE), with the remaining 50% unlocked over two months (25% each month).

The airdrop targets existing and new users, aiming to incentivize adoption of Bluefin Pro, the protocol’s upgraded version offering a Web2-like trading experience with low costs.

Crypto participants should check eligibility on Bluefin’s airdrop page and connect their wallets. It is also worth mentioning that airdrops often drive short-term price spikes.

However, post-claim sell-offs are common, which makes timing sales or staking BLUE for governance benefits critical to maximize value.

Nexus

Nexus, also known as Nexus Labs and Nexus Network, is a distributed proof network uniting computing power for the Verifiable Internet. Crypto market participants should note the project’s potential airdrop.

The potential Nexus airdrop comes after the network launched its testnet on December 9, 2024. As it happened, it attracted over 10,000 users in the first hour, with a points-based reward system.

Phase 2 of the testnet, which ran until February 22, 2025, allowed users to earn points by keeping a browser tab open. Points may lead to a retroactive RCADE token airdrop, with 13.6% of tokens allocated to Nexus Nodes (medium.com).

Now, backed by $27.2 million from investors such as Pantera Capital, DragonFly Capital, Alliance DAO, and Lightspeed Ventures, Nexus offers rewards potentially worth $300 per participant.

Data on Cryptorank.io shows that opportunities remain open for Discord roles, such as linking X (Twitter accounts) and the testnet for the Nexus NFT.

“Nexus announced 6 new roles in Discord! The most active members of the community will be able to get them, but you will have to keep your activity monthly, as the roles can be archived after inactivity,” Cryptorank.io indicated.

This development comes as Nexus accelerates toward Testnet III. Builders, artists, educators, and social sparkplugs alike, these new roles and redesigned channels provide more ways to participate.

“Roles may be archived after one month of inactivity to keep the community fresh and active,” Nexus warned.

Infinex

Infinex, a cross-chain wallet supporting major EVM chains and Solana, is also among this week’s top three crypto airdrops.

The project boasts a $65.29 million investment from Stani Kulechov, Anatoly Yakovenko, and Alex Svanevik as tier-one angel investors. Beyond these ecosystem leaders, other notable investors include Framework Ventures, Solana Ventures, Wintermute, and Eden Block, among others.

The project has a potential airdrop in the pipeline for crypto market participants. After launching its Craterun campaign, users can earn crates by depositing assets into their Infinex Account.

These crates contain Patron NFTs, passes, boosts, and ecosystem prizes, which may lead to a retroactive token airdrop if Infinex launches a native token in the future.

Infinex simplifies wallet management by eliminating seed phrases and gas fees and integrating DeFi protocols like Ethena and Synthetix.

Users should visit the Infinex website, deposit supported assets, and engage in campaigns to participate.