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 on CoinMarketCap. It looked simple: join their Telegram, follow their Twitter, add NUX to your watchlist, and you could get free tokens. Thousands did. But what happened after? And is there any point in looking back at it now, in late 2025?

How the Peanut.Trade Airdrop Actually Worked

The Peanut.Trade airdrop wasn’t a mystery. It was a standard 2021-era campaign designed to build awareness fast. CoinMarketCap hosted it, which gave it credibility. To qualify, you had to do four things:

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

That’s it. No KYC, no deposit, no complex tasks. Just basic social engagement. Around 2,000 people qualified. The total token pool was 71,000 NUX, split evenly-so each winner got up to 35.50 NUX. The whole thing was worth about $22,000 at the time.

When Did the Airdrop Happen?

The airdrop was announced in August 2021. Winners were confirmed on August 27, and tokens were distributed between August 27 and August 31. That timing matters. Bitcoin had already crashed from its April 2021 peak of $64,000. The broader crypto market was cooling off. NUX itself had already fallen from its all-time high of $31.69 (hit in early 2021) to around $0.31 by August. So even though people thought they were getting “free money,” the value was already dropping fast.

What Was Peanut.Trade Supposed to Do?

Peanut.Trade wasn’t just another meme coin. It claimed to solve a real problem in DeFi: slippage on decentralized exchanges. Most DEXs like Uniswap suffer when big trades move prices. Peanut’s solution was clever. It split assets: 90% went to a DEX like Uniswap, and 10% was held in a smart contract that monitored price differences between DEXs and centralized exchanges (CEXs) like Binance. That 10% acted like a buffer, rebalancing trades to reduce losses for users.

It also had anti-bot features. DeFi bots are the reason your trades get front-run-you see a trade, the bot sees it too, and it executes faster, stealing your profit. Peanut tried to block that. It wasn’t perfect, but the idea had substance. That’s why it raised $7.96 million across five funding rounds, including an IEO.

What Happened to the NUX Token?

Here’s the hard truth: NUX collapsed.

At launch in February 2021, the token had a vesting schedule. Only 3.5% was unlocked right away. The rest-96.5%-was released slowly over 700 days. That’s a good sign. It meant early investors and the team couldn’t dump everything at once.

But even with that, the token never recovered. By October 2025, NUX trades at around $0.0042. That’s 99.99% below its all-time high of $31.69. The 35.50 NUX you got in the airdrop? Worth about $0.15 today. If you held onto it, you lost more than 99.98% of your paper value.

Trading volume is tiny. Most activity happens on Gate.io (NUX/USDT pair), with about $83,000 traded in 24 hours. CoinGecko lists it as #6594 by market cap. That’s near the bottom of all tracked cryptocurrencies. It’s not dead, but it’s barely alive.

Why Did It Fail?

Three big reasons:

1. Market conditions: The 2021 bull run ended hard. Small DeFi projects with no strong user base got crushed.
2. Lack of adoption: Peanut’s tech was smart, but no major DEX integrated it. Without real usage, the protocol had no traction.
3. Community faded: Airdrop participants didn’t stick around. They claimed their tokens, sold them for a few cents, and moved on. No long-term holders meant no price support.

The team stopped posting updates. Their Twitter went quiet. Their Telegram group became a ghost town. When a project stops communicating, it’s usually a death knell.

Are There Any Price Predictions Left?

Yes-but they’re fantasy.

Some sites like CoinLore still claim NUX could hit $1.80 by 2026 and $28.52 by 2041. That’s based on old bull market patterns. It’s not grounded in current reality. Other analysts like CoinCodex are realistic: they predict NUX will stay under $0.01 through 2025. Their data shows a 50-day moving average of $0.00316 and a 200-day average of $0.003818. The token is stuck in a long-term downtrend.

If you bought NUX at $0.0042 today, you’d need a 7,500% gain just to reach $0.31-the price it was at during the airdrop. That’s not a trade. That’s a lottery ticket.

Should You Still Claim Old Airdrops Like This?

If you’re reading this in 2025 and you missed the Peanut airdrop? Don’t waste time looking for a way to claim it now. The window closed in 2021. The smart contract isn’t active. The team isn’t responding.

But here’s what you should learn from it:

• Airdrops aren’t free money-they’re marketing tools. Most tokens from them will fail.
• Only participate if you’re okay with losing everything. Never invest more than you’re willing to lose.
• Check the project’s fundamentals. Does it solve a real problem? Is the team active? Are there actual users?
• Don’t assume CoinMarketCap’s endorsement means safety. They list hundreds of low-quality airdrops.

What’s the Bottom Line?

The Peanut.Trade airdrop was a textbook example of how not to build lasting value in crypto. The idea had potential. The team raised serious money. But without real adoption, community loyalty, or ongoing development, the token became worthless.

If you got NUX in 2021? You probably sold it for pennies. If you held? You’re holding digital trash.

The lesson? Airdrops are fun. But treat them like raffle tickets-not investments. Most will go to zero. Only a handful ever turn into something real. Peanut.Trade wasn’t one of them.