Total tokens: 666,666 PND
Winners: 2,000 users
Max per winner: 333.33 PND
Contract: 0x8eac…d5745c
Current Status: Preview on CoinMarketCap
PANDA Token: Post-swap (MEXC)
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PandaSwap (PND) is a decentralized exchange (DEX) built on the OKEx Chain. It uses an automated market maker (AMM) model to let users swap tokens, farm yields, stake, and provide liquidity. The platform made headlines in 2025 with a large PandaSwap airdrop that promised free tokens to active community members.
The airdrop was hosted through CoinMarketCap's campaign page. Participants had to complete five simple steps:
Each completed task earned you points toward the final draw. The platform used a random‑selection algorithm to pick 2,000 winners, ensuring a wide distribution of tokens across the community.
The total pool of 666,666PND tokens was split evenly among the winners, but the contract capped individual payouts at 333.33PND. That cap kept the airdrop from concentrating too many tokens in a few wallets, a tactic often seen as a way to seed a healthy, decentralized holder base.
At the time of the announcement, the projected USD value of the whole pool was roughly $20,000. In practical terms, that meant an average winner could expect a $3‑$5 worth of PND at the launch price. The actual market value can shift dramatically once the token lists on exchanges, so early winners often see volatile price swings.
Confusion arose when MEXC announced a contract migration on July28,2025. The exchange swapped the older PANDA token at a 4‑to‑1 ratio for a new contract, effectively creating two parallel token symbols: the original PND on OKEx Chain and the newer PANDA that appears on several centralized exchanges.
| Attribute | PND (OKEx Chain) | PANDA (Post‑Swap) |
|---|---|---|
| Contract Address | 0x8eac…d5745c | 0x4b7f…a9e123 (MEXC swap address) |
| Total Supply | 0PND (data feed issue) | ~166,666PANDA (after 4‑to‑1 conversion) |
| Current Price (USD) | $0 (CoinMarketCap) | $0.001633 (CoinGecko) |
| 24‑hour Volume | $0 (CMC) | $828.99 (CoinGecko) |
| Listed On | Preview page on CMC, limited DEX activity | MEXC, Binance (via swap guide) |
The table clarifies why many community members are still hunting for the “right” token. If you earned PND from the airdrop, you’ll need to watch for an official migration announcement before attempting any swaps.
Because the airdrop was a snapshot‑based distribution, the actual claim process is straightforward. Follow these steps:
After the claim, the tokens will appear in your wallet under the PND contract. Remember, the token is still listed as a “preview” on CoinMarketCap, so price data may not update instantly.
Anyone dabbling in airdrops should keep a clear eye on scams. Here are the most common pitfalls that have appeared around the PandaSwap campaign:
pandaswap.io). Any site asking for private keys is a scam.Looking ahead, the project’s success hinges on a few key factors:
Analysts at BeInCrypto have hinted at a modest upside if the project clears its listing hurdles. However, the dual‑token confusion still clouds investor confidence, so treat any price speculation with caution.
If you completed all five tasks before the deadline and were listed among the 2,000 winners, you should see a claimable amount on the official PandaSwap claim page. Use a wallet that supports the OKEx Chain to confirm.
PND is the original token on the OKEx Chain, created for the airdrop and DEX functions. PANDA is a newer contract introduced by MEXC after a 4‑to‑1 token swap in July2025. They have separate contract addresses, supplies, and market listings.
As of now, PND is only listed on the OKEx Chain DEX and appears as a preview on CoinMarketCap. Centralized exchanges such as Binance and MEXC host the PANDA token, not PND.
No. The MEXC swap only concerns the PANDA token held on that exchange. Your PND tokens remain on the OKEx Chain unless the PandaSwap team announces an official migration.
Follow the official PandaSwap Twitter, join the Telegram chat and announcement channels, and keep an eye on the CoinMarketCap campaign page. The team usually announces new drops a few weeks in advance.
Stefano Benny
October 8, 2024 AT 19:28Liquidity providers on OKEx Chain can now stake PND and earn native rewards, but the underlying tokenomics still hinge on a relatively shallow liquidity pool which could cause slippage spikes during heavy trades.
Bobby Ferew
October 9, 2024 AT 08:00The emotional impact of a zero‑price listing on CMC can’t be understated; investors often experience FOMO‑induced panic when a token shows $0, only to discover the actual market depth on DEX aggregators.
MARLIN RIVERA
October 9, 2024 AT 20:30Let’s be real: the PandaSwap airdrop was a classic case of hype over substance, with a token distribution that looks impressive on paper but offers practically no utility beyond speculative swaps.
Debby Haime
October 10, 2024 AT 09:00Hey folks! If you actually snagged those PND tokens, remember to add the contract to your wallet manually – it’s a simple step that saves you from the common “token not showing” headache.
emmanuel omari
October 10, 2024 AT 21:30For anyone still unsure, the migration from PANDA to PND isn’t a random shuffle; it follows the exact 4‑to‑1 ratio announced by MEXC, and any deviation indicates a counterfeit contract.
Andy Cox
October 11, 2024 AT 10:00Just a heads up that gas on OKEx Chain is cheap so claiming won’t burn a hole in your wallet.
Courtney Winq-Microblading
October 11, 2024 AT 22:30In the grand tapestry of decentralized finance, airdrops like PandaSwap act as fleeting constellations-bright for a moment, then fading as market forces realign.
katie littlewood
October 12, 2024 AT 11:00First, the PandaSwap airdrop introduced a substantial token allocation that caught the community’s attention, and that initial buzz was amplified by coordinated social media pushes across Twitter and Telegram. Second, the requirement to add the project to a CoinMarketCap watchlist created a low barrier to entry, encouraging a wide participation base. Third, by capping individual payouts at 333.33 PND, the designers attempted to prevent whale concentration, which is a common critique of many airdrop schemes. Fourth, the actual on‑chain claim process remains straightforward, involving only a wallet address submission and a minimal gas fee. Fifth, the dual‑token situation, with PND on OKEx Chain and PANDA on MEXC, adds a layer of complexity that new users must navigate carefully. Sixth, the token’s price visibility issues on major aggregators underline the importance of cross‑checking data on platforms like CoinGecko or DEXTools. Seventh, judging by the current trading volume of the PANDA token, there’s modest liquidity, but it’s still far from what would be needed for large‑scale swaps. Eighth, early winners could potentially see significant upside if the project secures listings on top‑tier exchanges. Ninth, conversely, the same early adopters could also bear the brunt of price volatility that typically follows initial token releases. Tenth, community sentiment appears cautiously optimistic, as evidenced by active discussions in the official Telegram channels. Eleventh, many participants have already begun providing liquidity to PND‑ETH pools, which could bootstrap the DEX’s utility. Twelfth, the migration timeline remains uncertain, and any delays could affect user confidence. Thirteenth, it’s advisable to keep private keys secure and never share them with anyone claiming to “unlock” extra tokens. Fourteenth, the long‑term success of PandaSwap will hinge on sustained development, transparent governance, and real use‑cases beyond speculative trading. Fifteenth, in summary, while the airdrop presents an intriguing entry point, diligent research and cautious optimism are the best companions for any investor looking to engage with this ecosystem.
Jenae Lawler
October 12, 2024 AT 23:30In a rigorous assessment of the PancakeSwap derivative, one must acknowledge that the ostensible generosity of the distribution belies a fundamentally flawed tokenomics architecture.
Chad Fraser
October 13, 2024 AT 12:00Yo, if you’re still on the fence, just claim your PND now – the process is quick and you’ll thank yourself when the price spikes.
Jayne McCann
October 14, 2024 AT 00:30The airdrop looks big but most users end up with dust.
Richard Herman
October 14, 2024 AT 13:00It’s worth noting that community‑driven projects like PandaSwap often rely on enthusiastic participants to bootstrap liquidity, which can be both a strength and a vulnerability.
Parker Dixon
October 15, 2024 AT 01:30Quick tip: after claiming, add the PND token to Metamask using the contract 0x8eac…d5745c, then you’ll see the balance instantly 🚀.
celester Johnson
October 15, 2024 AT 14:00One could argue that the fleeting euphoria of receiving free tokens mirrors the transient nature of digital joy in our hyper‑connected age.
Prince Chaudhary
October 16, 2024 AT 02:30Please ensure you only interact with the official pandaswap.io domain; phishing sites often mimic the layout to harvest private keys.
John Kinh
October 16, 2024 AT 15:00All this hype feels like a meme. 🙄
Mark Camden
October 17, 2024 AT 03:30From an ethical standpoint, the distribution of tokens without a clear utility roadmap raises concerns about speculative manipulation within the crypto sphere.
Evie View
October 17, 2024 AT 16:00The aggressive marketing tactics employed by the PandaSwap team border on manipulative, preying on inexperienced investors seeking quick gains.
Sidharth Praveen
October 18, 2024 AT 04:30Stay positive! Even if the token price wavers, participating in the community can open doors to future airdrops and staking opportunities.
Sophie Sturdevant
October 18, 2024 AT 17:00Remember to monitor the APR of the PND liquidity pools; a high yield could offset short‑term price volatility.
Nathan Blades
October 19, 2024 AT 05:30Picture this: you claim your PND, watch the chart explode, and suddenly you’re part of the next big DeFi wave – that’s the thrill we chase!
Somesh Nikam
October 19, 2024 AT 18:00Ensure you have the latest OKEx Chain RPC settings in Metamask; otherwise, claim transactions may fail. 👍
Jan B.
October 20, 2024 AT 06:30Good luck claiming your tokens.
Jacob Anderson
October 20, 2024 AT 19:00Oh sure, because another airdrop automatically guarantees long‑term value – classic crypto logic.
Rajini N
October 21, 2024 AT 07:30Just hit the claim button, double‑check the contract address, and you’ll be set. Happy swapping!