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60% APR Airdrop Collected by One Party, Compromising Openness in DeFi

60% APR Airdrop Collected by One Party, Compromising Openness in DeFi

Bitget-RWA2025/11/21 12:20
By:Bitget-RWA

- Web3 startup aPriori faces scrutiny as a single entity claimed 60% of its APR token airdrop via 14,000 interconnected wallets. - Wallets funded with 0.001 BNB each on Binance showed coordinated activity to claim and transfer APR tokens rapidly. - Blockchain analytics firm Bubblemaps revealed the entity continued creating new wallets to maximize airdrop allocations. - aPriori, backed by Pantera Capital, remains silent despite raised concerns about distribution fairness and DeFi transparency. - The inciden

Web3 company aPriori has come under the spotlight after blockchain analytics provider

disclosed that one party using 14,000 wallets that appeared to be linked. These wallets, each receiving 0.001 BNB from Binance within a short timeframe, participated in the airdrop and then moved their APR tokens to other addresses. that the same party kept funding more wallets to continue claiming tokens.

aPriori, headquartered in San Francisco and supported by Pantera Capital along with other backers, has not commented on these accusations. The startup, which secured $20 million in August 2025 to grow its trading infrastructure, has previously emphasized its commitment to decentralized finance (DeFi) and algorithmic trading.

of the total token supply. .

60% APR Airdrop Collected by One Party, Compromising Openness in DeFi image 0

Bubblemaps’ findings have sparked debate over whether the airdrop was conducted fairly and if there was any privileged access. The synchronized actions of the wallets—funded through Binance and quickly moving APR—point to a deliberate strategy to maximize airdrop rewards.

in the way the tokens were distributed, especially as aPriori promotes itself as a transparent and data-centric platform.

aPriori’s founders, who previously worked as

traders and engineers at Coinbase, Jump Trading, and Citadel Securities, have yet to make any public statements regarding the issue. about the company’s internal oversight and whether the airdrop’s structure unintentionally allowed such concentration.

This event has heightened ongoing worries about how tokens are distributed in the cryptocurrency industry.

such as Libra and Mt. Gox, where centralized management of airdrops or assets resulted in market instability and regulatory attention. For aPriori, the main task now is to regain trust while upholding its DeFi principles.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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