Bithumb to host 3M BABY token airdrop event

South Korean crypto exchange Bithumb has announced an airdrop event for the Bitcoin staking protocol Babylon (BABY) to commemorate its partnerships with crypto lending protocol Aave (AAVE) and a BTC financial firm. The event runs from Dec. 26 to Dec. 27. Users who deposit over 500,000 won (approximately $361) in BABY and trade the token for two consecutive days will qualify to share a pool of 3 million BABY, worth around 73 million won (approximately $52,700). The rewards will be distributed equally among all eligible participants on Jan. 6, 2026.