Bithumb Airdrops 3M BABY Tokens — How to Qualify and When They’re Distributed

South Korea’s exchange Bithumb is running a two-day BABY token airdrop from Dec 26–27, 2025, distributing a 3,000,000 BABY token pool (approx. 73 million KRW / $52,700) to eligible users. BABY is the native token of the Bitcoin staking protocol Babylon. To qualify, users must deposit more than 500,000 KRW (~$361) worth of BABY into their Bithumb account and execute at least one BABY trade on both event days. All qualifying participants will share the token pool equally. Tokens will be credited on Jan 6, 2026. The promotion celebrates Bithumb’s partnerships with Aave and an unnamed BTC financial firm. Traders should note price volatility risk for BABY between now and distribution and check regional eligibility and tax implications before participating.
Neutral
The airdrop is primarily a user-acquisition and engagement promotion by Bithumb rather than a protocol-level development that materially changes Babylon’s fundamentals. Short-term effects: increased on-exchange BABY deposits and trading volume during the event window may cause temporary price spikes or increased volatility as participants buy or move tokens to qualify. The distribution on Jan 6 could create sell pressure if recipients immediately liquidate, or support if holders keep tokens. Partnerships with Aave and a BTC financial firm add positive sentiment but are promotional in nature. Historically, exchange-run airdrops often produce brief volatility and volume spikes with limited sustained price appreciation unless accompanied by meaningful product adoption or liquidity improvements. Therefore the overall market impact is neutral: active trading and short-term volatility are likely, but no strong bullish or bearish directional signal for BABY or the broader market is expected unless further protocol adoption or on-chain activity follows.