Sphynx Network (SPH) Airdrop: How to Participate and What You Need to Know
David Wallace 28 November 2025 15

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Airdrop Preparation Checklist

Airdrop Safety Reminder

WARNING: Real airdrops never ask for money or private keys. The official site is thesphynx.co. Never share your seed phrase with anyone.

Red Flags to Watch For: Scammers will ask you to send BNB or USDT to "unlock" your airdrop, use fake links, promise huge returns, or have no documentation.

What This Means

Good News! If you complete all tasks, you'll be ready when the airdrop launches.

Current Status: The airdrop hasn't started yet. The platform shows 0 participants and 0 allocation.

Token Status: No SPH tokens have been distributed. Total supply is listed as 0.

Next Steps: Check thesphynx.co weekly for updates.

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There’s no SPH token in circulation yet. Not one. Not even a single coin has been distributed. And yet, people are already asking how to join the Sphynx Network airdrop. That’s because the project is building buzz - but not giving out clear answers. If you’re wondering whether this airdrop is real, how to get in, or if it’s even worth your time, you’re not alone.

What Is Sphynx Network?

Sphynx Network isn’t another meme coin. It’s a DeFi platform built on Binance Smart Chain (BSC) that combines NFTs, staking, and liquidity tools under one roof. Think of it as a Swiss Army knife for crypto users: you can swap tokens, farm yields, bridge assets between chains, and even use a crypto card - all through their ecosystem called Sphynx Labs.

Their main token, SPH, is supposed to power everything. The total supply is listed as 750 million, but here’s the catch: both the total supply and circulating supply show as 0. That means no tokens have been released yet. Not to wallets. Not to exchanges. Not even to the team. It’s like ordering a pizza and being told it’s baking… but the oven’s still off.

The Sphynx Relaunch Airdrop - What We Know

The airdrop is officially called the "SPHYNX RELAUNCH AIRDROP." The word "relaunch" is important. It suggests this isn’t the first time they’ve tried this. Maybe there was a previous token. Maybe they restructured the smart contract. Maybe they’re resetting after a failed launch. No one’s saying.

Right now, the airdrop page on their site shows 0 participants and 0 allocation. That’s not a typo. It’s a signal. Either they’re in early testing, or they haven’t even started the campaign yet. The system they’ve built to launch airdrops is fully functional - you can submit your own token details, set a title, define decimals, and link a contract address. But for SPH? Nothing’s live.

How to Possibly Qualify for the Airdrop

Since there’s no official list of requirements, you have to work backwards from what’s publicly visible. Here’s what you should be doing right now:

  1. Connect your wallet to the Sphynx Labs platform at thesphynx.co. Use MetaMask, Trust Wallet, or any Web3 wallet that supports BSC.
  2. Interact with their ecosystem. Do a swap. Use the bridge. Stake in a pool. Even just viewing the charts counts - activity matters more than just signing up.
  3. Join their community. Follow them on Twitter/X, join their Telegram group, and participate in discussions. Airdrops often reward active community members.
  4. Check for KYC or task-based requirements. Many projects ask you to complete simple tasks: follow, retweet, join Discord, refer friends. Watch for these on their official channels.

There’s no guarantee any of this will earn you tokens. But if you do nothing, you definitely won’t get anything.

A user interacts with a holographic DeFi platform as fake SPH tokens drift like ghosts around them.

Where to Trade SPH When It Launches

Even though SPH isn’t live, trading pairs already exist on decentralized exchanges. Look for SPHYNX/BNB on SphynxSwap or PancakeSwap. MEXC Exchange also lists it, which means some early liquidity is being seeded - likely by the team or early investors.

But here’s the warning: don’t buy SPH on any exchange yet. There’s no token. Any "SPH" you see trading is either a fake, a placeholder, or a scam. The real token will only appear after the official contract deployment and airdrop distribution. Until then, treat any SPH trading as speculative noise.

Why This Matters for DeFi Users

Sphynx Network isn’t just another airdrop. It’s trying to solve real problems in DeFi. Most platforms make you choose: either you get high yields but lose control of your assets, or you keep control but miss out on rewards. Sphynx claims to offer non-custodial staking - meaning you never hand over your keys. That’s rare.

They also have bridges for NFTs, USDT, and liquidity - tools most platforms don’t offer in one place. If they deliver on these promises, SPH could become a key utility token in the BSC ecosystem. But if they’re just rebranding a failed project? You’ll be left holding nothing.

A hero defends against scam villains while a distant airdrop portal glows faintly in the background.

Red Flags to Watch For

Not every airdrop is legit. Here’s what to avoid:

  • Anyone asking you to send BNB or USDT to "unlock" your airdrop. Real airdrops don’t ask for money.
  • Links that aren’t from thesphynx.co or their verified social accounts. Scammers copy websites and fake Telegram groups daily.
  • Guarantees of huge returns. "Get 10,000 SPH for free!" - that’s not airdrop, that’s a trap.
  • No documentation on tokenomics. If you can’t find a whitepaper, roadmap, or team info, walk away.

Their smart contract address is 0x8bac...9daa00 on BSC. You can verify it on BscScan. But even that doesn’t guarantee safety - the contract could be updated later. Stay cautious.

What to Do Next

Here’s your action plan:

  1. Bookmark thesphynx.co and check it weekly.
  2. Follow their Twitter/X and Telegram for official announcements.
  3. Start using their platform now - swap, bridge, stake. Build activity history.
  4. Don’t invest money. Don’t share private keys. Don’t trust anyone who DMs you.
  5. If the airdrop launches, expect a 3-7 day claiming window. Be ready.

There’s no deadline. No countdown. No email list to sign up for. That’s the problem. The lack of transparency is the biggest risk. If you’re patient and cautious, you might get in. If you rush, you’ll get scammed.

Is the Sphynx Network Airdrop Worth Your Time?

It depends. If you’re already active in BSC DeFi and use bridges, NFTs, or staking tools, then Sphynx could become a useful part of your workflow. The platform has real features. The team has built functional tools. That’s more than most airdrop projects can say.

But if you’re just chasing free tokens? You’ll probably be disappointed. This isn’t a quick win. It’s a long game. And right now, the game hasn’t even started.

Keep an eye on it. Do the work. Stay safe. And if the airdrop ever goes live? You’ll be one of the few who were ready.

Is the Sphynx Network airdrop real?

The airdrop exists as a planned campaign, but no tokens have been distributed yet. The platform is live, the tools work, and the airdrop system is set up - but the SPH token supply is still at zero. That means it’s in preparation, not active. Treat it as upcoming, not live.

How do I join the Sphynx Network airdrop?

There’s no official sign-up page yet. To increase your chances, connect your Web3 wallet to thesphynx.co, interact with their platform (swap, bridge, stake), follow their official Twitter/X and Telegram, and participate in community discussions. Activity matters more than just signing up.

Will SPH be listed on Binance or Coinbase?

Binance offers guides for acquiring SPH via Web3 Wallet, which suggests they plan to support it. But no official listing has been announced. MEXC already lists SPHYNX/USDT trading pairs, but these are likely pre-launch liquidity pools - not real listings. Wait for official announcements before assuming it’ll be on major exchanges.

Is SPH a good investment?

There’s no SPH to invest in yet. Even if it launches, its value depends entirely on whether the platform delivers on its promises: non-custodial staking, multi-chain bridges, and real utility. Without a whitepaper or team transparency, it’s too early to call it a good investment. Treat it as a potential tool, not a financial asset.

What’s the total supply of SPH?

The maximum supply is 750 million SPH tokens. But as of now, both total supply and circulating supply are listed as 0. This means no tokens have been minted or distributed. The supply could change before launch - don’t assume this number is final.

Can I buy SPH on exchanges now?

You might see SPHYNX/BNB or SPHYNX/USDT trading pairs on DEXs like PancakeSwap or MEXC. But these are not real SPH tokens. They’re either fake, placeholder contracts, or pre-launch liquidity. Buying them now is extremely risky and likely a scam. Wait for the official contract deployment.

What blockchain is SPH on?

SPH operates on the Binance Smart Chain (BSC). You’ll need a BSC-compatible wallet like MetaMask or Trust Wallet to interact with the platform or claim tokens. The smart contract address is 0x8bac...9daa00, which you can verify on BscScan.

Are there any known team members behind Sphynx Network?

No public team members have been identified. The project is presented as a decentralized initiative under Sphynx Labs. There’s no LinkedIn profile, no GitHub commits, and no interviews. This lack of transparency is a red flag for many investors. Proceed with caution.

What’s the difference between Sphynx Network and Sphynx Labs?

Sphynx Network is the DeFi protocol and token (SPH). Sphynx Labs is the team or company building the tools - the swap, bridge, staking, and NFT platforms. Think of Sphynx Network as the engine, and Sphynx Labs as the garage building and maintaining it.

When will the airdrop happen?

There’s no confirmed date. The platform is active, but the airdrop page shows zero participants. The team could launch it next week, or wait six months. Your best move is to stay engaged with their official channels and be ready to act when the announcement comes.