There’s no official PLGR airdrop from Pledge Finance - not now, not in the past, and not planned for 2025. If you’ve seen ads, tweets, or Discord messages claiming you can claim free PLGR tokens, you’re being targeted by scammers. The truth is simple: PLGR hasn’t run an airdrop since its initial token launch in 2021, and there’s no evidence of any future campaign.
What Is Pledge Finance (PLGR)?
Pledge Finance is a decentralized finance (DeFi) protocol built to create structured lending products using NFTs. Instead of traditional loans, it turns each loan, bond, or insurance contract into a tradable NFT using the ERC-1155 standard. This lets users buy, sell, or swap exposure to fixed-interest credit products without needing to be active traders.
The platform launched on Binance Smart Chain in 2021 and aimed to serve non-traders who wanted to earn predictable returns from crypto credit markets. Think of it like buying a bond, but instead of a bank issuing it, the protocol does - and it’s all on-chain.
PLGR Token Supply and Distribution
The total supply of PLGR is capped at 3 billion tokens, but only 1 billion were originally minted. The rest are reserved for future protocol incentives, team allocations, and ecosystem growth - none of which include a public airdrop.
The initial distribution happened through a Token Generation Event (TGE) on October 5, 2021. Three sale options were offered:
- Option 1: 100% of tokens unlocked at TGE
- Option 2: 40% at TGE, then 20% every quarter
- Option 3: 25% at TGE, then 25% every quarter
Most tokens went to early investors and private sale participants. The public sale raised $30.42 million at $0.10 per token, selling 495 million PLGR. That’s over half the initial supply - all distributed in 2021. No public airdrop followed.
Why There’s No PLGR Airdrop in 2025
Here’s the reality: Pledge Finance hasn’t launched any new token distribution since 2021. The project has been quiet for years. Trading volume for PLGR is consistently $0 across all major platforms like CoinGecko and CoinMarketCap. The market cap shows as $0. The circulating supply is listed as 0 on some trackers - meaning almost no tokens are actively moving.
Why? Because liquidity vanished. Exchanges delisted PLGR. The team stopped updating its website. Social media engagement dropped to near zero. X (Twitter) followers are stagnant, and the project’s ranking on crypto tracking sites like DropsTab is labeled "Weak."
When a project stops trading, stops updating, and stops communicating, it doesn’t run airdrops. It fades away.
PLGR Price and Market Status (December 2025)
As of December 2025, PLGR trades at around $0.000211 - down over 99% from its all-time high of $0.009362 in December 2024. WalletInvestor predicts it could fall to $0.000030 by September 2025. CoinDataFlow’s range for 2025 is $0.000215 to $0.000414 - still near its current price.
Technical indicators are bearish. The 50-day and 200-day moving averages are both flat at $0.000211. There’s no upward momentum. No volume. No news. No reason to believe this token will recover.
Even the most optimistic forecasts don’t suggest a price surge - let alone a new token distribution. If you’re waiting for a PLGR airdrop to make money, you’re waiting for something that doesn’t exist.
Scams Around PLGR Airdrops
With no official airdrop, scammers are filling the void. You’ll find fake websites claiming you can claim free PLGR by connecting your wallet. They’ll ask for your private key. Or they’ll send you a phishing link disguised as a "Pledge Finance claim portal."
Here’s how to spot them:
- Any site asking for your seed phrase is a scam - always.
- Official Pledge Finance channels haven’t posted anything about airdrops since 2021.
- Check the domain: Fake sites use .xyz, .io, or misspelled versions of pledge.finance.
- Look at Twitter/X: The official account @PledgeFinance has no recent activity. No announcements. No verification badge updates.
If someone messages you on Discord or Telegram saying "Claim your PLGR airdrop now!" - block them. Delete the message. Don’t click anything.
What Happened to Pledge Finance?
The project raised $3 million in funding in September 2021 from investors like DHVC and Ray Wong. It had solid backing. But after the TGE, momentum collapsed.
Why?
- Competition: Platforms like dYdX, Vega, and Hyperliquid offered better liquidity, deeper markets, and active communities.
- Lack of adoption: No DeFi protocols integrated with Pledge. No wallets supported its NFT loans.
- No roadmap updates: After 2021, no product launches, no technical upgrades, no team updates.
Without users, liquidity, or development, the project became a ghost. The token still exists on blockchains - but it’s dead in practice.
Should You Buy PLGR Now?
No.
Even if you believe in the idea of NFT-based credit markets, PLGR is not the way to bet on it. The token has no liquidity. No exchange support. No price movement. No team activity.
Buying PLGR now is like buying a share in a company that shut down five years ago. The paperwork still exists. The stock certificate is real. But the business is gone.
If you’re looking for exposure to structured DeFi lending, look at active projects like Infinex, Zoth, or Injective. They have trading volume, team updates, and community growth. PLGR has none of that.
Where to Find Real PLGR Information
Stick to these official sources - and only if you’re researching history, not investment:
- Website: pledge.finance (now mostly static, no updates since 2022)
- Twitter/X: @PledgeFinance (last tweet: March 2022)
- Documentation: GitHub repository (last commit: November 2021)
Don’t trust Reddit threads, Telegram groups, or YouTube videos promising free PLGR. They’re all scams.
What to Do Instead
If you’re interested in DeFi lending or NFT-backed assets, here’s what to do:
- Research active protocols with real trading volume - check CoinGecko or Dune Analytics.
- Look for projects with weekly team updates and public roadmaps.
- Join communities where developers answer questions - not just influencers pushing tokens.
- Never invest in a token with $0 trading volume and no exchange listings.
There are dozens of legitimate DeFi projects in 2025. Don’t waste time chasing a dead token.
6 Responses
Bro, if you think PLGR is gonna pop back up, you’re either high or trolling. This token’s been dead since 2022 - the devs ghosted, the liquidity vanished, and now some sketchy Discord bot is spamming ‘CLAIM YOUR FREE PLGR’ like it’s 2021. I’ve seen 3 different phishing sites this week alone. Don’t be the guy who loses his ETH to a .xyz link.
Let’s be real - PLGR wasn’t just a failed project, it was a textbook case of how not to build in DeFi. They had solid funding, a decent whitepaper, even NFT-based credit products sounded innovative at the time. But zero community engagement? No dev updates? No liquidity mining? No incentives for early adopters after TGE? That’s not negligence - that’s surrender. And now scammers are monetizing the grief of people who still believe in ghosts. The real tragedy isn’t the token price - it’s that people still waste time Googling ‘PLGR airdrop 2025’.
Don’t click anything. Block everyone. Move on.
I remember when Pledge Finance first launched - I even wrote a short analysis for my crypto book club back in ’21. It felt like a quiet revolution: turning loans into NFTs? Genius. But then… silence. No roadmap, no Twitter threads, no GitHub commits. It’s like watching someone plant a tree and then walk away before the first leaf grows. The tragedy isn’t that it failed - it’s that so many people still think there’s a chance it’ll come back. There isn’t. And chasing dead tokens doesn’t just cost money - it costs hope. If you’re looking for real DeFi innovation, look at Zoth or Infinex. They’re building. PLGR? It’s a tombstone with a ticker symbol.
Y’all gotta stop treating dead crypto projects like they’re on vacation. PLGR didn’t take a break - it checked out. No volume, no updates, no team, no exchange listings. That’s not a ‘dip,’ that’s a funeral. And the scammers? They’re not selling tokens - they’re selling delusion. If someone DMs you ‘free PLGR’ - don’t even reply. Just screenshot it, report it, and laugh. Then go find a project that’s actually talking to its community. There are dozens out there. Don’t waste your energy on a ghost.
It’s wild how fast things die in crypto. One minute you’re hyped about NFT-backed bonds, the next you’re Googling if PLGR’s devs got kidnapped. I checked their GitHub last week - last commit was November 2021. Their website? Still says ‘Coming Soon’ in 2025. I feel bad for the people who staked their savings on this. But honestly? This is why I only invest in projects that post weekly dev updates. If you’re not talking to your users, you’re not building - you’re just collecting wallets.