The Wormhole airdrop aimed to incentivize cross-chain activity but introduced risks to asset transfer security. Increased transaction volume post-airdrop strained the protocol, raising concerns over scalability and potential exploits. Despite Wormhole’s past $325M hack in 2022, its security has improved with third-party audits, upgraded Guardian nodes, and real-time monitoring. However, the airdrop attracted sybil attacks, challenging anti-fraud measures. While fostering adoption, it exposed vulnerabilities in cross-chain bridges, as high-value transfers remain targets. A robust security assessment requires ongoing audits, decentralized validation, and user education to mitigate risks effectively.