What is the latest airdrop Coral Finance from Binance Alpha about? How is the potential for Big Hair?
1. Project positioning and business model:
Coral Finance is the first DeFAI application layer, focusing on the pre-IPO asset market, providing:
- corTokens issuance: tokenizing pre-IPO assets such as points, NFTs, and whitelists
- AMM DEX: decentralized exchange based on AMM
- Locking and unlocking mechanism: converting pre-IPO points to redeem tokens after TGE
- Staking/liquidity tools: complete DeFi infrastructure
2. Financing strength
Total financing amount: 5 million USD (as of October 2025)
- Angel round: 3 million USD (2025-03-04) - Formless Capital, Mask Network, KuCoin Ventures, Gate Ventures, etc.
- Undisclosed round: 1.5 million USD (2023-05-01)
- Undisclosed round: 500,000 USD (2023-08-30) - Momentum Capital
3. Community size
Twitter followers: 134,457 people
Recent activity: Coralantis Season 1 attracted 430,000 unique addresses to participate, accumulating 160 million Reef Points
Based on the existing information, the airdrop has the potential to become a "Big Hair", but it really depends on how generous the project party is and how much they give.