Refine the costs and expectations of Hyperion!!! Yesterday, the airdrop query link was released. As the leading DEX project in the APT ecosystem, this airdrop distribution is indeed a bit disappointing. From the perspective of token economics, the total supply of $RION is 100 million, and only 5% is allocated for the airdrop, with 2% being released after one month! I roughly calculated the costs: (1) XBTC/USDC or XBTC/USDT: 0.005U/per drop, currently the total number of drops is 550 million. If we calculate the total trading cost using drops, the total airdrop value needs to be 2.7 million to allow those who are boosting trading volume to break even, which corresponds to an FDV of about 100 million. (2) USDC/USDT and other non-BTC trading pairs: 0.01U/per drop, total drops 550 million, the airdrop value needs to be 5.5 million to break even, corresponding to an FDV of about 183 million. If we calculate with an FDV of 100 million, the initial airdrop is 3 million USD, with a single token price of 1 dollar! The lower the FDV, the harder it is to break even! However, based on the past performance of airdrops in the APT ecosystem, coupled with the generally low market valuation of APT projects, this FDV target is likely very difficult to achieve. In the early stages, those boosting volume are likely to lose half, while only those saving money might make a small profit, but the profit margin is limited. Unless the project team pumps the price later, this airdrop's cost-effectiveness is indeed not high.