OKFLY (Okex Fly) Airdrop Details, Tokenomics, and Market Outlook

In October 2021 a wave of crypto‑enthusiasts rushed to claim a massive free token drop that promised up to 30million units per participant. That campaign was the okfly airdrop, hosted on CoinMarketCap and marketed under the name Okex Fly. Fast‑forward to September2025, the token still lingers on the blockchain, but it’s barely visible on any exchange and its price hovers near zero. If you’ve stumbled across the name OKFLY and wonders whether it’s worth a second look, this guide breaks down everything you need to know- from the token’s core specs to the real risks of trading an unlisted asset.

TL;DR - Quick Takeaways

• OKFLY is an ERC‑20 token on Ethereum (contract0x02f093513b7872cdfc518e51ed67f88f0e469592).
• The 2021 airdrop offered up to 30million OKFLY per user; total supply is 1quadrillion.
• Circulating supply sits at ~43.6% of total, but liquidity is almost nonexistent.
• No major exchange lists the token; only OTC trades exist, carrying high counter‑party risk.
• Investors should treat OKFLY as a high‑risk speculative token with limited upside.

What Is OKFLY?

OKFLY is a cryptocurrency token that launched in 2021 as part of an airdrop promotion. Its official name is Okex Fly, and it lives on the Ethereum blockchain as an ERC‑20 token. The token’s contract address is 0x02f093513b7872cdfc518e51ed67f88f0e469592. While the project’s whitepaper is sparse, the main selling point was a massive free distribution, hoping to spark a community‑driven ecosystem.

How the 2021 Airdrop Worked

The airdrop was organized through CoinMarketCap, which ran a dedicated campaign offering participants up to 30million OKFLY tokens. To qualify, users needed an Ethereum‑compatible wallet (e.g., MetaMask) and had to complete a set of tasks:

1. Register on the CoinMarketCap airdrop page.
2. Follow specified social‑media accounts (Twitter, Telegram).
3. Refer friends using a unique link; each referral added a small bonus.
4. Submit the wallet address where the tokens would be sent.

Once the tasks were verified, the tokens were transferred directly to the provided address. The campaign advertised a total prize pool of $21000, which translates to roughly $0.000007 per token at the time of the drop.

Tokenomics - Supply, Distribution, and Technical Specs

OKFLY follows a hyper‑inflated supply model common among airdrop‑centric projects. The maximum supply is set at 1quadrillion tokens (1,000,000,000,000,000 OKFLY). Of that, the circulating supply is reported at 436,219,179,205,489 OKFLY, roughly 43.62% of the total. The remaining tokens are locked in the contract, presumably for future airdrops, team allocation, or burn mechanisms-though no official roadmap confirms this.

Because the token adheres to the ERC‑20 standard, it inherits Ethereum’s security model and can be stored in any wallet that supports the standard. However, the sheer volume of tokens means each unit has an infinitesimal value, which complicates practical usage beyond speculation.

Market Performance and Liquidity

After the airdrop, OKFLY never secured a listing on a major centralized or decentralized exchange. The token’s all‑time high (ATH) was $0.00000729, reached shortly after distribution. According to LiveCoinWatch, the token ranks beyond the top36,000 by market cap, reflecting minimal trading activity.

The last recorded trade occurred on December9,2023 at $0.00001061 per token. Since then, price data is essentially dead, and the order book is empty. Low liquidity translates to wide spreads and the inability to sell without a significant price impact-if you can find a buyer at all.

Exchange Listing Status & Trading Options

To date, OKFLY is not listed on any reputable Centralized Exchange (CEX) such as Binance, Coinbase, or Kraken, nor on popular Decentralized Exchanges (DEX) like Uniswap or SushiSwap. The absence suggests the project either failed to meet listing criteria or simply chose not to pursue them.

The only feasible avenue to trade OKFLY is via peer‑to‑peer (P2P) or Over‑The‑Counter (OTC) deals. These transactions rely on trust between parties, often mediated through private Telegram groups or Discord servers. Without a regulated platform, you face risks including scams, frozen funds, and price manipulation.

Risks, Red Flags, and Investor Takeaways

Several warning signs surround OKFLY:

• Zero exchange listings: Lack of market access severely limits utility.
• Stagnant development: No public updates, roadmap, or community events since 2022.
• Hyper‑inflated supply: One quadrillion tokens dilute any meaningful value.
• Liquidity vacuum: Minimal trading volume means you may never find a buyer.
• Regulatory scrutiny: Airdrop projects from 2021 have faced increased oversight; unlisted tokens are often flagged.

For these reasons, most analysts classify OKFLY as a high‑risk speculative asset. If you already hold it from the original airdrop, the only realistic strategy is to either hold for a potential future relaunch (unlikely) or attempt an OTC sale at a steep discount.

Comparison with Typical 2021 Airdrop Projects

Notice how OKFLY scores poorly across listings and recent activity, while the other two tokens managed at least a foothold on DEXes. This comparison highlights why many 2021 airdrops faded away: without exchange traction, even massive token supplies cannot generate sustainable markets.

Next‑Step Checklist for Current Holders

1. Verify your wallet: Ensure the address you used for the airdrop still holds the tokens.
2. Assess OTC options: Look for reputable P2P groups; never send tokens before receiving payment.
3. Consider tax implications: In many jurisdictions, airdrop tokens are taxable income at receipt.
4. Evaluate opportunity cost: Compare holding OKFLY versus reallocating capital to higher‑liquidity assets.
5. Stay informed: Monitor any official announcements; a sudden relaunch could change the outlook.

Frequently Asked Questions