LIQ Liquidus Campaign Airdrop by Liquidus (old): What Actually Happened and Who Got Paid

The Liquidus (old) LIQ airdrop never really happened the way people remember it-or maybe it did, but no one kept track. If you’re searching for details on who got tokens, when they were sent, or how to claim them, you’re not alone. Thousands of crypto holders dug through forums, Twitter threads, and Telegram groups back in 2021 and 2022 hoping for free LIQ. But today, in November 2025, the trail is cold. There’s no official announcement. No public snapshot data. No blockchain records showing mass distribution. And the old Liquidus token? It’s worth less than a cup of coffee.

What Was Liquidus (old)?

Liquidus (old) was a crypto project that launched in 2021 with big promises: a mobile app that let you earn interest on your crypto without locking it up, no complicated DeFi steps, no impermanent loss. It sounded like a simple alternative to platforms like Celsius or BlockFi-except it was built on-chain. The native token, LIQ, was meant to be the key to unlocking features: lower fees, early access, governance rights.

At its peak in November 2021, LIQ hit $4.80. That’s not a typo. For a short time, it was one of the hotter small-cap tokens in the DeFi space. People bought in. Some even staked their ETH or USDC hoping to earn LIQ rewards. Then everything collapsed. By March 2025, the price had crashed to $0.004958. That’s a 99.9% drop from its high. And that’s not just market volatility-it’s a project that lost its way.

Did an Airdrop Even Happen?

There’s no clear answer. No official blog post. No GitHub commit announcing a distribution. No tweet from the Liquidus team with a snapshot date. What you’ll find instead are scattered rumors:

• Some users claim they got LIQ for joining the Discord server in early 2021.
• Others say they received tokens for referring friends-but there’s no public referral tracker.
• A few Reddit posts from 2022 mention a "Liquidus airdrop" tied to a wallet activity snapshot, but no date was ever confirmed.

Here’s the problem: the project didn’t use a transparent, on-chain airdrop system like many other projects did (think Uniswap or Arbitrum). There was no contract deployed to distribute tokens based on verified wallet addresses. No Etherscan transaction list showing millions of LIQ being sent out. If an airdrop happened, it was done manually-by the team, privately, without public proof.

And here’s the kicker: the old LIQ token still exists. It trades on small exchanges like MEXC and Gate.io. The circulating supply is around 6.55 million LIQ, with a max supply of 93 million. But the number of holders? Over 4,680. That’s a lot of wallets holding a token worth less than a cent. Most of those wallets are likely old airdrop recipients-or people who bought during the crash.

The New Liquidus Foundation: A Clean Break

In 2023, the team behind Liquidus (old) quietly relaunched as Liquidus Foundation. This wasn’t a rebrand. It was a reset. They launched a new LIQ token with a completely different contract address. The old token? Left behind. No migration. No airdrop for old holders. No compensation.

The new LIQ token has a total supply of 6.31 million, a circulating supply of 3.61 million, and trades at $0.06225 as of late 2025. It’s listed on major exchanges like Gate.io and KuCoin. The app is still live on iOS and Android. It still lets you earn yield on crypto holdings. But the old community? Forgotten.

Here’s what changed:

• Token contract: New address, new blockchain history.
• Team: Same core members, but no public acknowledgment of the old token.
• Community: The old Discord and Telegram groups were archived. New ones were created.
• Airdrops: The new team ran a Gate.io trading competition in 2024 with $51,000 in LIQ rewards-but only for users who traded on the platform. No airdrop for old holders.

If you held LIQ before 2023, you didn’t get anything from the new token. Not a single coin. No email. No notice. Just silence.

Why the Silence?

There are two likely reasons the old airdrop was never documented:

1. It never existed as a formal program. The team may have given small amounts of LIQ to early testers, influencers, or community moderators-but never at scale. What people remember as an "airdrop" was probably just random token drops to keep people engaged.
2. They didn’t want legal liability. If they had announced a public airdrop and then abandoned the project, they could have faced regulatory scrutiny. The SEC has cracked down on unregistered token distributions before. Better to vanish quietly than risk a lawsuit.

The price collapse didn’t help. When a token loses 99.9% of its value, the team’s priority shifts from community rewards to survival. And survival meant starting fresh.

What About the Liquid Crypto Airdrop on Galxe?

You might have seen ads for a "Liquid Crypto Airdrop" on Galxe with 1,100 USDC in rewards. That’s not Liquidus. That’s a completely different project called "Liquid Crypto"-possibly a scam or a copycat. The name is similar, but the token, team, and website are unrelated. Don’t confuse the two. If you’re looking for the old Liquidus LIQ airdrop, this isn’t it.

Can You Still Claim Anything?

No. Not anymore.

If you think you were eligible for an old airdrop, here’s what to do:

1. Check your wallet history from 2021-2022. Look for any incoming LIQ transactions from unknown addresses.
2. Search your email for any messages from "[email protected]" or "[email protected]"-those domains don’t exist anymore.
3. Visit the new Liquidus Foundation website. There’s no mention of the old token or airdrop.
4. Check Etherscan or BSCScan for LIQ token transfers. You’ll see tiny, irregular distributions-but no pattern that matches a real airdrop.

If you don’t see any LIQ in your wallet from that time, you weren’t included. And even if you did, the token is now worth less than 1 cent. It’s not worth the gas fee to move it.

What Happened to the Old LIQ Holders?

Most of them lost everything. A few sold during the 2022 rally, when LIQ briefly recovered to $0.15. A small group held on, hoping for a comeback. But the project was dead. The team moved on. The app still works-but it only supports the new LIQ token. The old one is just a ghost in the blockchain.

There’s no community left to rally around it. No developers updating the code. No roadmap. Just a token with a price chart that looks like a freefall.

Lessons Learned

The Liquidus (old) story isn’t about an airdrop. It’s about what happens when a crypto project loses trust.

• Don’t assume an airdrop is real just because you heard about it.
• Always check the contract address. If it’s not on the official website, it’s not official.
• If a team disappears and relaunches with a new token, you’re not getting anything from the old one.
• Never invest based on airdrop rumors. The reward is never worth the risk.

Liquidus (old) didn’t fail because of bad tech. It failed because it stopped communicating. It stopped being transparent. And when that happens in crypto, the community leaves-and takes its trust with it.

What Should You Do Now?

If you’re still holding LIQ from the old version: sell it. Even if it’s worth a few cents, it’s better than holding a dead asset. Pay the gas fee. Move it to an exchange. Cash out. Don’t wait for a miracle.

If you’re looking for a new airdrop: stick to projects with public, on-chain distribution. Look for:

• Clear snapshot dates
• Verified smart contracts
• Official announcements on Twitter, Discord, and their website
• Third-party verification (like Etherscan or CoinGecko)

And if you see "Liquidus" in an airdrop today? Double-check the contract. It’s probably the new LIQ from Liquidus Foundation-not the ghost of the old one.