Back in 2021, if you were active in crypto communities, you probably saw the Peanut.Trade airdrop pop up everywhere. CoinMarketCap ran it. Telegram groups lit up. Twitter feeds filled with screenshots of people claiming their NUX tokens. At the time, it felt like a quick win - free crypto, easy steps, no risk. But here’s the thing: NUX didn’t turn into the next big thing. And if you’re wondering what happened to those tokens, or if you missed the airdrop and are now wondering if it’s worth chasing, this is the real story.
How the Peanut.Trade Airdrop Actually Worked
The Peanut.Trade airdrop wasn’t some secret giveaway. It was a standard, well-structured campaign designed to build awareness and grow a user base. CoinMarketCap hosted it in mid-2021, and the rules were clear. To qualify, you had to do four things:- Add the NUX token 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 the registration form on CoinMarketCap’s site
When Did the Airdrop Happen?
The winners were announced on August 27, 2021. Tokens were distributed between August 27 and August 31, 2021. That timing matters. Why? Because Bitcoin had already peaked in April 2021 at nearly $65,000. By August, the market was cooling off. Ethereum was down 40% from its high. Crypto was entering a correction phase. So even though NUX was being given out for free, its price was already falling from its peak. At the time of the airdrop, NUX was trading around $0.31 per token. That’s why $22,000 was enough to cover 71,000 tokens. If you got the full 35.50 NUX, your reward was worth about $11.00. Not life-changing, but not nothing either. Fast forward to October 2025? That same 35.50 NUX is worth just $0.15. Over 99% of its value vanished.What Was Peanut.Trade Even Supposed to Do?
Peanut.Trade wasn’t just another meme coin. It had a real technical idea. The protocol was built to fix a problem in decentralized exchanges - slippage. When you trade on Uniswap or SushiSwap, your order doesn’t always execute at the price you see. The bigger the trade, the more the price moves against you. That’s slippage. And bots? They exploit it. They front-run your trades, buying before you and selling after, stealing your profit. Peanut’s solution? Split assets. 90% of funds went to a DEX like Uniswap. The other 10% went to a smart system that monitored prices on centralized exchanges like Binance. If there was a price gap between the two, Peanut’s system would adjust trades to balance things out. Think of it like a price arbitrager that worked quietly in the background to make DEX trades fairer for regular users. It also had anti-bot protections. That was rare back then. Most DeFi projects didn’t even try to stop bots. Peanut did. That’s why the team raised $7.96 million across five funding rounds - including an IEO on a major exchange. They had serious backing.
What Happened to the NUX Token After the Airdrop?
The token launched on February 15, 2021. At launch, only 3.5% of the total supply was unlocked. The rest - 96.5% - was locked and released slowly over 700 days. That’s a smart move to prevent dumping. But even with that, the token crashed. NUX hit an all-time high of $31.69. Yes, you read that right. Thirty-one dollars per token. That was in early 2021, right after the launch hype. By the time the airdrop happened in August, it was already down 99%. After that? It kept falling. As of October 2025, NUX trades at $0.0042. That’s 99.99% below its peak. The market cap? Just $210,000. The daily trading volume? Around $100,000. Most of that happens on Gate.io, the only exchange where NUX has real liquidity. Uniswap and LATOKEN have tiny volumes. The token is ranked #6594 by market cap. Out of over 25,000 coins. It’s near the bottom.Are There Any Price Predictions Left?
Yes. But they’re wildly different. CoinLore says NUX could hit $1.80 by 2026, $6.69 by 2029, and $28.52 by 2041. That’s a 6,800x return from today’s price. Sounds like fantasy. But they’re using old bull market patterns. They assume crypto will go back to 2021 levels. And if it does, maybe small tokens like NUX could rebound. Then there’s CoinCodex. They say NUX will stay below $0.007 through 2025. Their model says a $1,000 investment might make you $7.06 in 51 days. That’s not a scam. It’s just reality. WalletInvestor’s numbers from October 2025 show NUX at $0.00372 - almost the same as today. The truth? No one knows. NUX has no major updates. No new partnerships. No team activity. The website is still up. The Twitter account posts occasionally. But there’s no roadmap. No product launch. No community growth. The project is dormant.
Should You Still Try to Get NUX Tokens?
If you’re looking to make money? No. The airdrop is long over. The token has no utility. It’s not listed on major exchanges. The liquidity is thin. Buying NUX now is like buying a share in a company that stopped making products. But if you’re curious? You can still buy it on Gate.io. For $10, you can get over 2,000 NUX tokens. It won’t change your life. But if you want to see what a once-promising DeFi project looks like after it fades, it’s a cheap experiment.What Can You Learn From This?
The Peanut.Trade airdrop is a textbook case of how crypto hype works - and how it breaks. You can follow all the steps. You can get free tokens. You can even get lucky and catch a token before it explodes. But if the project doesn’t deliver, the tokens don’t matter. The airdrop was a marketing tool. Not an investment. Most people who got NUX in 2021 either sold it for a few dollars, held it hoping for a rebound, or forgot about it. The ones who held onto 35.50 NUX? They’re down 99.98% from the peak value of their airdrop reward. Crypto is full of these stories. Airdrops are fun. But they’re not free money. They’re a test of patience - and a lesson in how quickly hype can vanish.Was the Peanut.Trade airdrop real?
Yes, the Peanut.Trade airdrop was real and hosted by CoinMarketCap in August 2021. Around 2,000 participants received up to 35.50 NUX tokens each after completing simple tasks like following social media accounts and adding the token to their watchlist. The distribution was verified and completed on-chain.
Can I still join the Peanut.Trade airdrop?
No. The airdrop ended in August 2021. CoinMarketCap no longer lists it as active, and the registration form is offline. There are no current or planned airdrops for NUX as of 2026.
Where can I buy NUX tokens today?
NUX is primarily traded on Gate.io, where the NUX/USDT pair has the highest volume. It’s also available on LATOKEN and Uniswap V2 (Ethereum). However, liquidity is low, and price slippage is high. Trading it carries significant risk.
Why did NUX crash so hard after the airdrop?
NUX crashed because the project lost momentum. The team stopped updating the protocol, no new features were released, and community engagement faded. The token’s value was always tied to speculation, not utility. When the 2021 crypto bull market ended, NUX had no foundation to hold its price.
Is NUX worth investing in now?
Based on current data, no. NUX has no active development, minimal trading volume, and no clear path to recovery. While some price predictions are optimistic, they’re based on hypothetical crypto bull markets, not real project progress. It’s speculative at best and likely a dead asset at worst.
How many NUX tokens were distributed in the airdrop?
A total of 71,000 NUX tokens were distributed across 2,000 winners, with each participant eligible to receive up to 35.50 NUX. The total value at the time was $22,000 USD, meaning each token was valued at roughly $0.31 during distribution.
What was the all-time high for NUX?
The all-time high for NUX was $31.69 per token, reached shortly after its Token Generation Event in February 2021. This peak occurred before the airdrop and before the broader crypto market correction that began in May 2021.
Did Peanut.Trade have any partnerships or major updates after the airdrop?
No. After the initial launch and airdrop, there were no major partnerships, protocol upgrades, or team announcements. The website and social media channels remained mostly inactive after 2022. The project is considered dormant as of 2026.
Man, I got 35.5 NUX and sold it for $8 because I thought it was play money. Turns out it was just the crypto version of a free t-shirt from a conference no one remembers. Still, at least I didn’t hold it like some kind of sacred relic.
This is why you never trust airdrops with no roadmap. 🤡 The team vanished faster than my ex after I paid her rent. NUX was never a project - it was a marketing stunt dressed up like DeFi. RIP $22k of hype.
So we’re supposed to feel bad for people who got free crypto and didn’t turn it into a mansion? Honey, I got free NUX too and I still have it. It’s my little digital graveyard flower. I water it with memes.
I remember when people were excited about this. Now it’s just another ghost token on CoinGecko. I guess the lesson is: if the team stops posting, the token stops mattering.
The fact that anyone still thinks NUX has potential is proof that crypto attracts the most gullible people on the planet. 99.99% loss? That’s not a crash, that’s a funeral. And the coffin was already nailed shut in 2022.
I held NUX for 2 years hoping it would come back like it was some kind of anime protagonist. Spoiler: it didn’t. I’m still mad I didn’t sell it when it hit $0.10. Now it’s just a sad little number on my wallet
This is why America needs to stop letting random devs launch tokens. If you can’t even keep your website updated, you don’t deserve to be in crypto. This isn’t a game. It’s a financial system. And NUX failed it.
The slippage mitigation mechanism was actually novel - a hybrid arb engine between CEX and DEX liquidity pools. But without continuous liquidity incentives and a functioning governance module, the protocol became a static artifact. The tokenomics were sound, but the execution lifecycle was fatally truncated.
Even though NUX didn’t make it, I’m still glad I participated. It taught me to look past the hype and ask: is this team building something real? Spoiler: they weren’t. But hey, I learned. And that’s worth more than any token.
They all do this. Promise the moon. Give you free tokens. Then vanish. It’s not a mistake. It’s the business model. The airdrop was never for users. It was for the team to cash out before the rug pull.
I missed the airdrop because I was busy with my kids and work but I still read this whole thing. I think the real lesson is not about crypto but about trust. When people stop showing up, it means they stopped caring. And that's true in life too
It’s funny how we treat tokens like they’re living things. We mourn them. We romanticize their peaks. But they’re just code. And code doesn’t care if you believe in it. Only the people behind it do. And they left.
You call this a lesson? Nah. This is just the 47th time someone got scammed by a token with a .io domain and a Discord server. The real lesson is that crypto doesn’t reward patience. It rewards exit liquidity. And NUX had none.
I’ve been tracking this since 2021. I swear the CoinMarketCap team knew this was going to fail. They just used it to drive traffic. That’s why they hosted it. They didn’t care about NUX. They cared about clicks. And we were the product.
The notion that anyone would consider purchasing NUX at current valuations is not merely ill-advised-it is an affront to basic financial literacy. The token exhibits no fundamental value, negligible liquidity, and zero developer activity. To engage with this asset is to participate in a speculative graveyard.