OKX has initiated a 5 million NIGHT token airdrop targeting European users as part of a seven-day campaign focused on the Midnight token, a partner chain of Cardano. The campaign operates on a Trade-to-Earn basis, combining asset holding requirements with trading activity.
Campaign Details and Eligibility
Users must register within five days to participate and hold at least €500 ($571.85) worth of eligible cryptocurrencies in their OKX accounts. Nearly all non-stablecoin assets qualify. Besides the holding requirement, participants must actively trade eligible crypto pairs on the platform during the campaign. Registration is mandatory to qualify.
Once registered and meeting the criteria, users receive daily NIGHT token rewards automatically for the duration of the promotion, without needing manual claims.
Trade-to-Earn Reward Structure
The reward distribution depends on each participant's trading volume calculated on a rolling seven-day basis. This means higher trading volumes result in larger shares of the airdrop. Trading the Midnight token itself gains a significant advantage: NIGHT trades receive a 5x weighting in the reward calculations, increasing payouts for active traders of the token.
The NIGHT token previously launched with a multi-chain airdrop across eight blockchain networks including Cardano, Solana, Ethereum, XRP Ledger, and Bitcoin. Holders of at least $100 in native assets on these blockchains had qualified for the initial distribution. The Midnight Foundation implemented a phased redemption schedule for that airdrop.
This content is for informational purposes and does not constitute financial advice.
