elad
Drops (elad) is a private, EU-founded crypto data platform that scans public wallet activity for unclaimed airdrop eligibility across 40+ networks, serving individual wallet holders, active DeFi users, and developers through web, Telegram, and API products.
- Company typePrivate
- Founded2024
- HeadquartersNot specified, Germany
- Headcount501–1,000
- GTM typeB2C
- OfferingSoftware
What elad does
The supplied company label is “elad,” while the detailed operating record identifies Drops as the legal name; the description therefore analyzes Drops, the business consistently supported by the product, customer, pricing, and technology evidence. Drops is a private, EU-founded crypto eligibility and tracking service launched in June 2024. It scans public blockchain activity to identify unclaimed airdrops for individual wallet holders, active DeFi users, airdrop farmers, and developers, offering a core checker, a points checker, a HyperEVM checker, premium tracking, and a REST API.
The platform applies on-chain data scanning and eligibility matching across 404+ airdrops and 40+ networks. Checks are read-only, do not create on-chain transactions, and proxy wallet addresses without linking them; the product supports 8+ networks for saved tracking and Telegram alerts and connects with MetaMask, WalletConnect, Trust Wallet, Coinbase Wallet, Phantom, Ledger, and Backpack. Drops reports 76,000+ users, $450M+ in airdrops discovered, and $650 found per user, all customer outcomes rather than company revenue.
Revenue comes from Pleb, Hunter, and Whale subscriptions priced at $9, $19, and $29 per month, annual plans advertised at 60% off, and one-time wallet reveals starting at $5; a referral program pays 20% of referred-user subscription fees. Go-to-market is self-serve through the web platform, Telegram, free tools, content, influencer distribution, and developer API integrations, while Boomfi processes crypto payments in ETH, SOL, BTC, and stablecoins. The operating record discloses no funding, revenue, active paid users, retention, management team, or source-backed headcount.
elad firmographics
Firmographics- Name
- elad
- Legal name
- Drops
- Website
- https://elad.network
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Drops (elad) is a private, EU-founded crypto data platform that scans public wallet activity for unclaimed airdrop eligibility across 40+ networks, serving individual wallet holders, active DeFi users, and developers through web, Telegram, and API products.
- Ownership category
- akta.pro rank
Where elad is headquartered
LocationHeadquarters
- HQ city
- Not specified
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
elad business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Premium Subscription: Monthly subscription tiers (Pleb, Hunter, Whale) providing auto-tracking of multiple wallet addresses, Telegram alerts, and premium support. Billed monthly or annually with 60% annual discount.
- One-Time Wallet Reveal: Users can pay one-time fee starting from $5 per wallet to reveal eligible airdrops without ongoing subscription. Fee scales based on airdrop value.
- Referral Program: Users earn 20% commission on referred users' subscription fees through unique referral links.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Pleb - Watch 1 address |
| Subscription | Monthly | Hunter - Watch 20 addresses |
| Subscription | Monthly | Whale - Watch 50 addresses |
| Freemium | Pay-as-you-go | Free tier |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
elad product offering
Product offeringCore offering
Drops is a crypto airdrop discovery and tracking platform that scans public on-chain data across 40+ blockchain networks to identify unclaimed token allocations (404+ verified airdrops) for any wallet address. It offers free single-wallet eligibility checks, paid multi-wallet portfolio tracking via subscriptions, and a paid REST API for developers to integrate eligibility data.
Product overview
Drops operates as a crypto airdrop discovery and tracking platform. The core product is the Drops airdrop checker, which scans public blockchain data to identify unclaimed crypto airdrops across 40+ networks. The platform offers free companion tools including a Points Checker for tracking protocol points and a HyperEVM Checker for Hyperliquid ecosystem tracking. Premium plans (Pleb, Hunter, Whale tiers) provide address tracking and Telegram alerts. The platform also exposes a REST API for developers to integrate airdrop eligibility checking into their own tools.
Differentiator
Problem solved
Functional benefit
Products and services
- Drops Airdrop Checker A multi-chain crypto airdrop discovery and wallet eligibility checker that lets any user paste a public wallet address and instantly see which of 404+ verified airdrops it is eligible for across 40+ networks; offers free single-wallet checks and paid multi-wallet portfolio tracking for individual crypto users.
- Points Checker A free companion tool that lets users look up protocol points balances and potential airdrop tiering for their wallets to estimate future allocations.
- HyperEVM Checker A free network-specific eligibility checker dedicated to HyperEVM-based airdrops and token allocations.
- Airdrops API A paid REST API (api.drops.bot) that exposes multi-chain airdrop eligibility data to developers, offered on pay-as-you-go and subscription pricing so they can embed wallet eligibility checks into their own Web3 products.
Quantifiable outcome
- Users have found $450M+ in unclaimed airdrops
- +2 more outcomes
Companies that use elad
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
elad technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature5 records
elad partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BoomficoreCrypto payment processor handling all payment transactions. Enables users to pay in ETH, SOL, BTC or Stablecoins on multiple chains. Boomfi is a regulated provider based in the United Kingdom. Users can send payments to billing address without connecting wallet.
Scale indicators7 records
Recent moves4 records
Expansion highlights5 records
elad competitors and assessment
Company assessmentEmerging players
- Krystal: Krystal is a DeFi aggregator and portfolio platform that supports multi-chain operations and tracks rewards, points, and potential airdrops for users. It competes with Drops on multi-chain reward discovery for active DeFi participants.
- Step Finance: Step Finance is a Solana-native DeFi portfolio dashboard that tracks positions, NFTs, and token claims within the Solana ecosystem. It overlaps with Drops for Solana-focused airdrop and points tracking, though with narrower chain coverage.
Broad incumbents
- Zerion: Zerion is a comprehensive DeFi wallet and portfolio tracker that supports multiple chains and includes airdrop and rewards tracking. Its broad portfolio-management focus competes with Drops for wallet-engaged crypto users and bundles airdrop discovery into a wider product.
- DeFiLlama: DeFiLlama is the leading DeFi analytics platform and hosts an airdrops section that tracks upcoming and active token distributions. As a high-traffic incumbent, it can reach Drops' target users through its existing audience and integrate airdrop eligibility into its broader analytics suite.
- Zapper: Zapper is a DeFi dashboard and portfolio management platform that tracks positions across chains and historically has surfaced airdrop opportunities. It competes with Drops as a broad DeFi management tool that could expand into dedicated airdrop tracking.
- DeBank: DeBank is a leading DeFi portfolio tracker that also surfaces airdrops and token claims within its dashboard. As a broader incumbent in DeFi portfolio analytics, it can integrate airdrop discovery as a feature, posing a competitive threat to standalone tools like Drops.
Direct peers
- AirdropAlert: AirdropAlert is one of the longest-running airdrop discovery and notification platforms, listing active and upcoming airdrops with eligibility guidance. It competes with Drops for the same crypto-native audience seeking new token distribution opportunities.
- Earnifi: Earnifi is a direct competitor offering crypto airdrop and token-claim discovery for wallet addresses across multiple chains. It overlaps with Drops on the core eligibility-checking use case and competes for the same DeFi-active user base.
- Airdrops.io: Airdrops.io is an airdrop aggregator and listing site that tracks active, upcoming, and expired airdrops across multiple blockchains. It directly overlaps with Drops' tracking and discovery functionality and targets similar individual crypto users.
Others
- Revoke.cash: Revoke.cash is a wallet-security tool that helps users manage and revoke token approvals. While not a direct airdrop-checker, it serves the same crypto-native wallet-management audience and is often paired with Drops in user security workflows, making it an adjacent ecosystem peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
elad social profiles
Digital presenceelad compliance and trust
Trust signalCompliance1 record
elad financial estimates
Financial estimateRevenue estimate
Valuation estimate
elad leadership team
Management profileNumber of profiles
elad funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
elad M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about elad
What does elad do?
Drops is a crypto airdrop discovery and tracking platform that scans public on-chain data across 40+ blockchain networks to identify unclaimed token allocations (404+ verified airdrops) for any wallet address. It offers free single-wallet eligibility checks, paid multi-wallet portfolio tracking via subscriptions, and a paid REST API for developers to integrate eligibility data.
Is elad a public or private company?
elad is a private company. It is classified as unknown and is currently operating.
When was elad founded?
elad was founded in 2024. It employs 501 to 1,000 people.
Where is elad based?
elad is headquartered in Not specified, Germany, in the Europe region.
How does elad make money?
Three revenue lines are on record. Premium Subscription is the primary driver. The others are one-Time Wallet Reveal and referral Program.
Who are elad's main competitors?
Emerging players on record are Krystal and Step Finance. Broad incumbents are Zerion, DeFiLlama, Zapper and DeBank. Direct peers are AirdropAlert, Earnifi and Airdrops.io. Revoke.cash is listed as an others.
Does elad have an API?
Yes. REST API for airdrop eligibility checking. Provides a simple way to get all the eligible airdrops for any wallet address across multiple networks. Can be used to build custom tools or integrate with existing applications. Developer documentation is at www.drops.bot/airdrops-api.