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Market Recovery, Airdrop Craze Returns: Upcoming TGE Project Highlights
Recently, with the recovery of the crypto market, on-chain liquidity has decreased, and hot money has begun to move to the secondary market. Several previously stagnant protocols or projects have accelerated their mainnet launch and token TGE processes, especially in the DeFi and L1 tracks. Teams have gone through a "market baptism," optimizing their token distribution strategy, increasing initial circulating supply to avoid the high FDV liquidity trap, while also enhancing airdrop efforts to incentivize community participation.
Furthermore, as Bitcoin approaches the $100,000 milestone, its momentum has paused, and the current slight consecutive decrease in market dominance has also sparked market anticipation for the "altcoin season." The meme trend continues, and VC coins have also found hope. To help readers better understand the market dynamics, BlockBeats has compiled and listed some recently launched or upcoming TGE projects. This article is for communication purposes only and does not constitute any investment advice.
1.Magic Eden
Magic Eden, as a well-established multi-asset exchange market focusing on NFTs, announced in August that it would launch its token. According to official information, its token ME has a total supply of 1 billion; it will be distributed over four years, with 50.2% allocated to the community and an initial airdrop ratio of 12.5%. On November 23, the Magic Eden Foundation announced that the ME token TGE would take place on December 10. Airdrop eligibility and distribution query will open on December 4.
As a star project of the year, Magic Eden raised a total of $149 million, with participating institutions including Sequoia Capital, Paradigm, Greylock, and Coinbase Ventures, among others. Related reading: "Magic Eden Token Set to TGE – What Preparations Should Be Made to Claim Airdrop?"
2.Berachain
Berachain is a Layer 1 blockchain built on the Cosmos SDK that is EVM-compatible; its tokenomics have not yet been disclosed. On September 18, Vance Spencer, co-founder of Framework Ventures, stated that the Berachain mainnet and token are planned to launch by the end of 2024.
Berachain raised a total of $142 million, with participating institutions including Framework Ventures, Polychain, OKX Ventures, and Amber Group, among others. Related reading: "Exclusive Interview with Berachain Co-founder: The Last Fun Public Chain in Crypto, Committed to Taking Grassroots Movements to the End"
3.Movement
Movement is the infrastructure based on the Move language. Its token MOVE has a total supply of 10 billion, which will be gradually unlocked over 5 years, with an initial circulating supply of around 22%. 60% of the total supply will be allocated to the community. Airdrop registration is now open.
Movement raised a total of $41.4 million, with participating institutions including Polychain, Binance Labs, Placeholder, and OKX Ventures, among others. Related reading: "Interview with Movement Labs: What are the characteristics of the Binance Labs-backed modular + MOVE?"
4.SynFutures
SynFutures is an on-chain derivatives trading market on Base. Its token F has a total supply of 1 billion, with its TGE scheduled to take place soon.
SynFutures raised a total of $37.4 million, with participating institutions including Pantera Capital, Polychain, and Dragonfly, among others. Related reading: "Decoding SynFutures, the aggregator of the Base ecosystem."
5.XION
XION is a Layer 1 public chain based on a chain abstraction concept. Its token XION has a total supply of 200 million, with a 5% airdrop allocation, and its TGE is upcoming.
XION raised a total of $36 million, with participating institutions including Multicoin Capital, Animoca Brands, and Arrington Capital, among others. Related reading: "Conversation with XION: Will chain abstraction be the next Mass Adoption?"
6.Bluefin
Bluefin is an on-chain financial transaction platform based on Sui. Its token BLUE has a total supply of 1 billion, with an airdrop allocation of 17.15%, and the airdrop query is now open.
Bluefin has a total funding of $29.2 million, with participating institutions including Polychain, CMS Holding, and HTX Ventures, among others. Related reading: "Supporting a $500 Million TVL, Sui Ecosystem DeFi Project Overview"
7.WalletConnect
WalletConnect is a Web3 communication protocol. Its token WTC has a total supply of 1 billion, with an airdrop allocation of 18.5%, and the airdrop query is now open.
WalletConnect has a total funding of $23.5 million, with participating institutions including Union Square Ventures, 1kx, and Coinbase Ventures, among others. Related reading: "An Analysis of Web3 Identity Infrastructure: Wallets, Identity Verification, and Privacy Systems"
8.Solv Protocol
Solv Protocol is a Bitcoin collateralization protocol. Its token SOLV has a total supply of 8.4 billion, with an initial circulating supply of around 10%, and the TGE will take place soon.
Solv Protocol has a total funding of $22 million, with participating institutions including Blockchain Capital, OKX Ventures, and Waterdrip, among others. Related reading: "No More Hundredfold Coins: Who Will Benefit from the Industry Dividend of the New Cycle? | DripEcho 2.0XSolv Protocol"
9.Lumoz
Lumoz is a modular computation layer and RaaS platform; its token esMOZ has a total supply of 10 billion, with this airdrop accounting for 10%, and it is exchangeable at a 1:1 ratio for the mainnet's native token MOZ, with the TGE scheduled for December 6.
Lumoz has raised a total of $10 million, with participation from Web3.com Ventures, NGC Ventures, OKX Ventures, among others. Related reading: "Opside Rebrands to Lumoz, Ushering in the ZK-RaaS Era"
10.Sophon
Sophon is a modular blockchain project. The total token supply has not been disclosed, with 20% allocated to nodes, and the mainnet is set to launch on December 18.
Sophon has raised a total of $10 million, with participation from Binance Labs, OKX Ventures, HTX Ventures, among others. Related reading: "Comparing Data from Aethir, Sophon, CARV: Which Node Sale Offers the Highest Returns?"
11.Swell
Swell Network is a liquidity staking platform; the SWELL token has a total supply of 10 billion and has recently completed its TGE.
Swell has raised a total of $3.75 million, with participation from Framework Ventures, IOSG Ventures, Apollo Crypto, among others. Related reading: "Decoding Swell Network: Can It Lead the Liquidity Staking Era?"
12.Hyperliquid
Hyperliquid is a decentralized exchange platform that was once one of the hottest Perp DEXs in the English-speaking community. The HPYE token has a total supply of 1 billion and recently completed its TGE. Following the token's listing, the HYPE price surged, nearly quintupling in less than 3 days. The Hyperliquid airdrop distributed a total of 310 million tokens, and even at an opening price of $2, the airdrop size reached $620 million, making it one of the largest airdrop projects of the year.
Official information indicates that Hyperliquid did not accept VC investment. The team stated, "This allows them to focus on building the product without external pressure." Hyperliquid has placed the entire exchange, including the order book, on-chain, while democratizing the complete liquidity provider (HLP) strategy. In this way, the team does not benefit from Hyperliquid, fostering better resonance with users. Related reading: "Exclusive Interview with Hyperliquid: The Hottest Perp DEX in the English Community, What Makes It Competitive with dYdX?"
Overview of Upcoming Projects with Future TGEs
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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins
On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.
Revenue: Expected to be between $39 million and $41 million, reaching a new company high.
Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.
Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.
Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.
In 2025, DDC's core consumer food business maintained strong operational performance.
The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.
In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.
In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.
As of December 31, 2025: The company holds 1,183 BTC.
As of February 28, 2026: Holdings increased to 2,118 BTC
Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC
DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation
DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.
The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.
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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins
On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.
Revenue: Expected to be between $39 million and $41 million, reaching a new company high.
Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.
Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.
Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.
In 2025, DDC's core consumer food business maintained strong operational performance.
The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.
In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.
In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.
As of December 31, 2025: The company holds 1,183 BTC.
As of February 28, 2026: Holdings increased to 2,118 BTC
Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC
DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation
DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.
The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.
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