Bunicorn Airdrop: What It Was, Who Got It, and What Happened After

When you hear Bunicorn, a decentralized exchange built on Polygon that offered free tokens to early users. Also known as BUNI, it was one of the quieter DeFi projects that slipped under the radar — until it gave away tokens for free. The Bunicorn airdrop wasn’t loud like some meme coins. It didn’t have a celebrity endorser or a viral TikTok campaign. But for users who swapped tokens on its platform before the official launch, it meant real value — at least at first.

The Bunicorn airdrop was tied directly to usage. If you traded on Bunicorn’s DEX before July 2021, you got BUNI tokens automatically. No sign-up forms, no Twitter retweets, no Discord roles. Just use the platform, and the system tracked your activity. That’s it. Over 12,000 wallets received tokens, mostly small amounts — 50 to 500 BUNI — but enough to get people curious. The token launched at around $0.10, and within weeks, it hit $0.80. People who held onto theirs saw a quick 7x return. But then the hype faded. Liquidity dried up. Trading volume dropped to near zero. The team went quiet. Today, BUNI trades at pennies, if at all, on the few exchanges that still list it.

What made Bunicorn different wasn’t the token — it was the Polygon blockchain, a low-fee, fast Layer 2 network built to scale Ethereum. Also known as Matic, it let Bunicorn offer near-free swaps, something Uniswap couldn’t match back then. That’s why early users showed up. They weren’t chasing hype; they were chasing lower fees. But when other DEXs like QuickSwap and SushiSwap also moved to Polygon, Bunicorn lost its edge. Without a roadmap, no new features, and no marketing, the project just… stopped.

The Bunicorn swap, the core function of the platform that let users trade tokens without intermediaries still exists on the Polygon chain, but it’s basically a ghost town. No new pairs. No liquidity mining. No updates. The smart contracts are still live, but nobody’s using them. If you got BUNI in the airdrop, you still have it — but it’s worth next to nothing. The real lesson? Airdrops aren’t free money. They’re a snapshot of early adoption. And if the project doesn’t build after the drop, your tokens become digital relics.

What you’ll find below are posts that dig into similar stories — projects that started with promise, handed out free tokens, and then vanished into the background. Some were scams. Others just ran out of steam. All of them teach you how to spot the difference between a real DeFi effort and a flash-in-the-pan airdrop trap.