Core Insights - Bubblemaps has raised concerns about a potential record-breaking Sybil attack involving 100 wallets that claimed $170 million worth of MYX tokens during a recent airdrop [1][3] - The suspicious activity appears coordinated, with identical funding and claiming patterns across the addresses [2] - MYX Finance has defended its distribution process, emphasizing fairness and openness in its campaign rewards [4][5] Airdrop Details - The analysis revealed that all 100 wallets were funded through OKX on April 19, each receiving similar amounts of BNB, and showed no prior activity before the airdrop [3] - The wallets became eligible and claimed tokens simultaneously on May 7, raising suspicions about the randomness of the claims [3] Financial Impact - At one point, the value of the suspected Sybil allocation exceeded $200 million before the token prices eased [4] - MYX's fully diluted valuation surged to $17 billion within 48 hours of its launch, drawing significant attention [3] MYX Finance's Response - MYX Finance stated that it has always prioritized fairness and openness, and that its incentive programs are based on trading volume and liquidity contributions [5][6] - The project acknowledged user requests for address changes but did not impose prohibitions on such requests [5] Ongoing Concerns - Bubblemaps criticized MYX's defense as vague, arguing that it only deepened suspicion regarding the fairness of the airdrop [6][7] - The analytics firm questioned the credibility of MYX's response, highlighting the significant allocation to the 100 Sybil addresses [7]