River Q3 Airdrop Review: 130,000 users participated, RIVER hits a new all-time high of $10

The River Season 3 Airdrop (S3) has officially concluded, marking an important milestone in the project’s development. Data shows that over 130,000 users participated in Season 3, with approximately 63,000 users meeting the eligibility criteria, signifying River’s transition from early incentive testing to a real-time incentive system centered around TGE.

Unlike previous phases, Season 3 adopted a design featuring real-time incentives, open liquidity, and genuine user participation, focusing on three dimensions: product usage, fund flow, and community building. The core goal of this mechanism is to observe the protocol’s operational efficiency and user retention under real market behavior without relying on short-term subsidies.

In terms of participation structure, the S3 Airdrop attracted over 130,000 users, including 33,000 qualifying X accounts and more than 30,000 eligible on-chain addresses. Ultimately, 63,000 users met the airdrop claim criteria, with a total of 200 million River Pts distributed during Season 3. Participants included developers worldwide, DeFi users, and ecosystem contributors, maintaining stable overall activity throughout the season.

Regarding protocol and market performance, River Season 3 achieved several key results. During the season, the protocol’s peak Total Value Locked (TVL) reached $650 million, circulating satUSD volume increased to $350 million, ranking 25th on DeFiLlama. Additionally, River ranked highly in Rootdata and DappBay’s comprehensive rankings and completed real-time integrations with over 30 platforms including Pendle, Morpho, and ListaDAO.

On the product side, River launched Smart Vault and Prime Vault in Season 3, officially introduced support for the Base network, further enhancing multi-chain usability and institutional strategy capacity. The project also completed integration with mainstream CEX wallets, successfully passed the Supremacy audit, and continued to promote the practical implementation of chain abstraction architecture.

In the market, $RIVER 's price hit a new high of $10 during Season 3 and was subsequently listed on major centralized exchanges such as Gate.

Community and ecosystem expansion were also highlights of Season 3. Over 300,000 users participated in activities via Galxe, 170,000 users completed tasks related to X usernames, and more than 300 KOLs were active in Korea, Latin America, English, Chinese, Japanese, and Turkish markets. River also held multiple offline meetups in Korea, Argentina, and Brazil to promote global ecosystem collaboration.

Overall, River’s Season 3 Airdrop not only validated the feasibility of real-time incentives and open liquidity models but also provided clear direction for product upgrades and ecosystem expansion in Season 4. Eligible users need to complete their Season 3 rewards within 90 days, and River Season 4 is now officially underway.