The BLP airdrop by BullPerks isn't something happening today - it already happened, and it’s long over. If you're hearing about it now, you might be seeing old posts, fake claims, or misleading ads promising free BLP tokens. Here’s the real story: the only official BLP airdrop took place in 2021. No new airdrops are planned. And if you're thinking about buying or holding BLP today, you need to understand exactly what you're getting into.

What Was the BLP Airdrop?

In mid-2021, BullPerks ran a small, community-focused airdrop to build early engagement. It wasn’t a massive token giveaway like some projects do. Instead, they gave out 3,000 USDT total - split evenly among 100 winners. Each winner got exactly 30 USDT in Binance Smart Chain (BSC) stablecoins. That’s it. No BLP tokens were distributed in this campaign. Participants received USDT, not BLP.

To enter, you had to do a list of tasks:

• Join the official BullPerks Telegram group and channel
• Follow and retweet BullPerks’ Twitter posts, tagging @bullperks and at least three friends
• Follow their Facebook page
• Subscribe to their Medium publication
• Submit your wallet address and personal info through their official giveaway form

Winners were picked randomly on July 28, 2021, at 5:00 PM CET. The campaign had no limit on participants - anyone could join - but only 100 people won. It was a simple, transparent process. No hidden fees. No lock-ups. Just a way to reward early supporters.

What Is BLP, Really?

BLP is the native token of BullPerks, a decentralized launchpad that helps early-stage Web3 projects raise funds. Think of it like a VIP pass to get in on new crypto projects before they hit major exchanges. BullPerks calls itself a community venture capital fund, and its main tool is called BullStarter is a decentralized launchpad that has ranked as the 2nd best globally by all-time ROI according to Crypto Rank.

The original BLP token was launched on Binance Smart Chain. In late 2021, BullPerks did a 1:1 token swap, meaning every old BLP token was replaced with a new one on a new smart contract. This is common when platforms upgrade their systems. But here’s the catch: the swap didn’t fix the token’s problems.

BLP Token Performance: A Stark Reality Check

The BLP token peaked at $0.7019 on December 2, 2021. That was its all-time high. Today, as of February 2026, it trades around $0.0009963. That’s a drop of 99.86%. You’d need to buy over 700 BLP tokens just to get back what one token was worth at its peak.

It hit an all-time low of $0.0001957 in August 2025 - just six months ago. Since then, it’s bounced back about 409%, but that’s not recovery - it’s just volatility. The token still sits near its lowest levels in five years.

Here’s what the numbers say:

• Total supply: 295.93 million BLP
• Circulating supply: 21.41 million BLP
• Maximum supply: 300 million BLP
• Market cap: $21,330
• 24-hour trading volume: $1.03
• Number of holders: 25,940

The trading volume is less than $2 per day. That’s not a market - that’s a ghost town. With so little buying and selling, it’s nearly impossible to cash out without crashing the price. Even if you bought BLP at $0.001 today, finding someone to pay $0.002 for it would be a challenge.

Why Is BLP So Low? The Bigger Picture

BullPerks still runs its platform. It has launched 65 projects, helped raise $15 million, and claims over 35,000 community members. It also offers staking, a bridge between chains, and a token claimer tool called BullClaimer. So why is the token collapsing?

One reason: token supply vs. demand. There are nearly 300 million BLP tokens in total, but only about 21 million are circulating. That means most tokens are locked up - in team wallets, staking pools, or reserve funds. When a project releases more tokens into circulation, prices often crash. That’s what’s happening here.

Another issue: liquidity. With only $1 in daily trading volume, exchanges can’t support real price discovery. The price you see on CoinMarketCap might be different from what you’d get if you tried to sell 10,000 tokens. And because the token is so thinly traded, it’s easy for small buyers or sellers to move the price dramatically.

Some sites predict BLP will hit $0.11 or even $0.02 soon. Those are guesses based on outdated charts or hype. Real-world trading tells a different story. The Fear & Greed Index shows extreme greed, but that’s usually a red flag - not a signal to buy.

Is There a New BLP Airdrop Coming?

No. There is no active or planned BLP airdrop as of February 2026. Any website, Discord server, or Telegram group claiming to offer free BLP tokens is either a scam or a repost of the 2021 campaign.

BullPerks hasn’t announced any new token distribution events. Their focus has shifted to running IDOs (Initial DEX Offerings) and maintaining their staking system. They don’t need to give away more tokens - they already have too many floating around.

If someone asks you to send crypto to claim BLP, or to connect your wallet to a new site, walk away. That’s how scams work. The real BullPerks website won’t ever ask you to send funds to receive a token.

What Should You Do Now?

If you’re holding BLP:

• Don’t expect a price recovery anytime soon. The token has lost 99.86% of its value.
• Check your wallet balance. If you have less than 10,000 BLP, the cost to trade it (gas fees) may be higher than its value.
• If you’re thinking of selling, be prepared for slippage. You might not get the price you see on charts.

If you’re thinking of buying:

• Don’t treat BLP as an investment. Treat it as a speculative gamble with near-zero upside.
• Only risk money you’re prepared to lose completely.
• There are dozens of other launchpads with stronger tokenomics and active trading volumes.

BullPerks still operates. Its platform still launches new projects. But the BLP token is not a sign of success - it’s a warning sign.

How BullPerks Compares to Other Launchpads

BullPerks isn’t alone. Other platforms like CoinList, DAO Maker, and Polkastarter have raised hundreds of millions and have tokens with real trading volume. Here’s how BLP stacks up:

The difference is clear. BullPerks’ token has less than 0.1% of the trading volume of its closest competitors. It’s not just underperforming - it’s nearly inactive.

Final Thoughts

The BLP airdrop was a small, one-time event from 2021. It’s not coming back. The token itself is in deep trouble - low volume, low price, low confidence. BullPerks as a platform still exists, but its token has failed to keep pace.

If you’re looking to get involved in early-stage crypto projects, there are better options. Don’t chase a dead token. Focus on platforms with real trading, clear tokenomics, and active communities.

The BLP story isn’t about missed opportunities. It’s about what happens when a project grows faster than its economy can support.