Arkham: EdgeX's actual circulation ratio is only about 9.5%, with nearly half of the airdropped tokens going to partners and LP.

BlockBeats News, April 1st, Arkham disclosed that EdgeX nominally airdropped around 195 million US dollars to users, but after on-chain analysis questioned by analysts, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, equivalent to approximately 94.6 million US dollars at the current valuation, close to half of the total airdrop amount.

Arkham also stated that currently about 69.5% of the tokens are still in developer-related wallets, with another 7% undistributed, estimating that the current actual circulating ratio is only about 9.5%.