Namaste Tribe! 🙏

We are excited to announce the upcoming listing of $SHM on WazirX as part of our continued commitment to list diverse tokens across evolving blockchain ecosystems. 

Alongside the listing, we are also giving away $SHM Tokens as an Airdrop, where traders with the highest trading volume on any trading pair on WazirX during the campaign period stand a chance to win from a $10,250 SHM reward pool.

Turn your trading volume into SHM rewards.📈

Campaign Period

19th February, 5 PM IST – 22nd February, 11:59 PM IST

Who is eligible?

All KYC-compliant WazirX users with verified bank accounts can be a part of the $SHM Airdrop campaign, regardless of the trading model you are on.

How To Win $SHM Airdrops?

• Trade between 19th February, 5 PM and 22nd February, 11:59 PM IST. (“Campaign Period”). Remember, the higher the trading volume, the higher the share of the Airdrop.
• You can trade in any trading pair, at any time during the Campaign Period. 
• Become a top trader with maximum trading volume and stand a chance to win from a reward pool of $10,250 worth of Shardeum tokens.

Airdrop Details

The top 900 traders will be selected based on their total trading volume across any trading pair on WazirX during the Campaign Period, while an additional 100 traders will be chosen at random to receive the Airdrop, ensuring the campaign rewards high-volume traders and the wider WazirX community.

Reward Structure

NOTE: The Airdrop distribution will be completed by 24th February.

Terms & Conditions

• The user must be a registered user or need to sign up on www.wazirx.com and complete the mandatory Know Your Customer (KYC), identity verification, and bank account verification in accordance with applicable laws, rules, and regulations before participating in the campaign. Only trades executed between 19th February, 5:00 PM IST and 22nd February, 11:59 PM IST (the “Campaign Period”) shall be considered for the purpose of this campaign. Based on the slab mentioned above, rewards will be distributed to the top 900 traders, ranked solely by trading volume (both buy and sell) across any trading pair on WazirX during the Campaign Period, and 100 additional eligible random traders. Prizes will be distributed on or before 24th February, 2026.
• For this campaign, $SHM price at 2 PM 23rd February, 2026 will be considered.
• This campaign is not applicable to traders who have preferential trading fee discounts; e.g., Brokers,MMs, etc., are excluded from the Airdrop campaign.
• This campaign is only applicable to retail users for the Airdrop. Brokers, corporates, institutions, market makers, or any non-retail participants will not qualify for rewards. If such users rank within the list of winners, they will be excluded from the Airdrop distribution and the reward shall be forfeited without any liability on WazirX
• The prizes for this campaign are sponsored by Shardeum. 
• WazirX shall have no obligation to bear or pay any taxes in connection with the distribution or receipt of the rewards. All prize amounts/rewards shall be subject to applicable taxes, levies, or statutory deductions as per Indian laws, and the sole responsibility for payment of such taxes shall lie with the user(s). WazirX may deduct or withhold taxes at source as may be required by law. WazirX reserves the right to disqualify any participant and claw back rewards, without prior notice, in the event of any actual or suspected fraudulent, abusive, or suspicious activity. In case the campaign is held void for any reason whatsoever before distribution of the prizes, then WazirX reserves the right to terminate the campaign, and shall not be liable to make any distribution of prizes thereafter.
• The prizes are limited to one per user, i.e., they can be redeemed only once and not multiple times.
• WazirX reserves the right in its sole and absolute discretion to modify, suspend, or terminate the campaign or revise these Terms & Conditions, at any time and for any reason, without prior notice, or to ensure compliance with any applicable laws, regulations, or regulatory guidance.
• This campaign is a trading activity-based incentive program conducted on a digital asset trading platform and does not constitute investment advice, solicitation, or a guarantee of returns.