Thereās no official PLGR airdrop happening in 2025. Not now. Not anytime soon. And if someoneās telling you otherwise, theyāre either misinformed or trying to scam you.
The PLGR token from Pledge Finance hasnāt had a public airdrop since its initial launch in 2021. The projectās entire token supply was distributed through a Token Generation Event (TGE) that ended on October 5, 2021. No follow-up airdrops, no community rewards, no loyalty drops - nothing. The official channels havenāt announced a single airdrop since then. Not on Twitter. Not on Discord. Not in their blog. If you see a link claiming you can claim PLGR tokens for free, close it. Itās fake.
What Pledge Finance Actually Is
Pledge Finance isnāt another meme coin or a hype-driven DeFi project. Itās a structured lending protocol built on blockchain tech to create fixed-rate financial products - think loans, bonds, and credit derivatives - packaged as NFTs using ERC-1155. Thatās unusual. Most DeFi platforms let you swap or stake, but Pledge wanted to turn loans into tradeable assets. Each loan became an NFT, so you could buy, sell, or hold it like a digital bond.
The platform launched on Binance Smart Chain and aimed at non-traders - people who wanted predictable returns without constantly monitoring price swings. It wasnāt built for day traders. It was built for people who wanted to earn fixed interest, like a CD, but on crypto.
Why Thereās No Airdrop - And Why It Might Never Happen
Hereās the hard truth: Pledge Finance raised $30.42 million in its ICO in 2021, selling 495 million PLGR tokens at $0.10 each. Thatās a massive amount of capital. They also raised $3 million from investors like DHVC and Gary LaBlanc. They didnāt need an airdrop to grow. They already had funding, a product, and early adopters.
But hereās what went wrong: liquidity vanished. Today, PLGR trades at around $0.000211 - down over 99% from its peak of $0.009362 in late 2024. Trading volume? $0.00 on every major tracker. No exchanges list it properly. No market makers are active. The circulating supply? Listed as 0 on some sites. Thatās not a glitch - itās a collapse.
When a token loses liquidity, the team stops doing things like airdrops. Why? Because theyāre not trying to attract new users. Theyāre trying to survive. Airdrops cost money. They require marketing, smart contract deployment, gas fees, and community management. Pledge Finance doesnāt have the resources - or the incentive - to do that now.
PLGR Token Supply and Distribution - The Real Story
PLGR has a max supply of 3 billion tokens. But only 1 billion were ever created at launch. The rest are theoretical. Of that 1 billion, 495 million went to the ICO. The rest were split between team, investors, ecosystem funds, and reserves - all with long lockups.
Hereās how the tokens were released:
- Option 1: 100% unlocked at TGE (October 2021)
- Option 2: 40% at TGE, then 20% every quarter
- Option 3: 25% at TGE, then 25% every quarter
- Additional tokens: 10-month lockup period
Most of these tokens are still locked. Thatās why the circulating supply is near zero. Even if you owned PLGR back then, you likely couldnāt sell it - because no oneās buying.
Current Market Status - Is PLGR Dead?
Itās not dead. But itās not alive either. Itās in limbo.
Price predictions are all over the place. CoinCodex says PLGR could hit $0.000694 by end of 2024 - but that was a year ago. WalletInvestor predicts $0.000030 by September 2025. CoinDataFlow says $0.000215-$0.000414. All of these are guesses. None matter because no oneās trading.
The 50-day and 200-day moving averages are both $0.000211. Thatās not a trend - thatās a flatline. The Fear & Greed Index says "Extreme Greed"? Thatās absurd. No oneās buying. No oneās selling. Thereās no greed. Thereās just silence.
The projectās Twitter has around 8,849 followers - ranked "Weak" by DropsTab. Thatās lower than a random meme coin with a dog logo. No press. No updates. No roadmap revisions. Just radio silence since 2022.
What to Do If You Own PLGR
If you bought PLGR during the ICO or early days - and you still have it - youāre holding a ghost asset. Itās not worthless. But itās not liquid. You canāt sell it on Binance, Coinbase, or Kraken. You canāt swap it on Uniswap. You might find it on obscure, low-volume DEXs - but even then, the slippage will eat 90% of your balance.
Hereās what you can do:
- Check your wallet. Is PLGR still there? If yes, keep it. Donāt panic-sell.
- Visit the official Pledge Finance website. Look for any recent blog posts or announcements. If thereās nothing since 2022, you know the truth.
- Join their Discord or Telegram. Ask directly: "Is there an upcoming airdrop?" If no one responds, or if they redirect you to a third-party site - leave.
- Donāt send any crypto to claim "free PLGR." Thatās how scams work.
If youāre holding PLGR, treat it like a collectible - not an investment. Itās not going to make you rich. It might not even be tradable again.
What to Do If You Donāt Own PLGR
Donāt buy it. Donāt try to "get in early." Thereās no early anymore. The window closed in 2021.
There are hundreds of DeFi lending protocols with real volume, active teams, and working products. If you want fixed-rate lending on crypto, look at:
- dYdX - for perpetual swaps and margin trading
- Vega Protocol - for derivatives and volatility trading
- Injective - for decentralized derivatives with low fees
- Hyperliquid - for high-performance perpetuals
These platforms have real trading volume, real teams, and real updates. PLGR doesnāt. Donāt waste your time.
How to Spot a Fake PLGR Airdrop
Scammers love dead projects. They know people still search for "PLGR airdrop" and hope for a miracle. Hereās how to avoid them:
- Any link asking you to connect your wallet to claim PLGR = scam
- Any website with a "Claim Now" button = scam
- Any Twitter/X account saying "PLGR airdrop is live!" = scam
- Any Discord server with a bot that sends you PLGR = scam
- Any YouTube video claiming "how to get free PLGR" = scam
Real airdrops donāt require you to send crypto. Real airdrops donāt ask for your private key. Real airdrops are announced on the projectās official website - and only after months of community building. Pledge Finance hasnāt done any of that.
Final Verdict
PLGR Pledge Finance had potential. It had funding. It had a smart idea. But it failed to build liquidity, community, or momentum. The token is effectively dead. There is no airdrop. There wonāt be one. And chasing it will only cost you time - or worse, your money.
If youāre looking for DeFi opportunities in 2025, focus on projects with active development, real trading volume, and transparent teams. PLGR is a relic. Leave it in the past.
Casey Meehan
November 28, 2025 AT 14:02Tom MacDermott
November 29, 2025 AT 19:30Martin Doyle
November 30, 2025 AT 05:05Susan Dugan
November 30, 2025 AT 13:20SARE Homes
November 30, 2025 AT 14:09Grace Zelda
December 1, 2025 AT 06:41Sam Daily
December 1, 2025 AT 07:40Kristi Malicsi
December 3, 2025 AT 01:12