The Wormhole airdrop, distributing 617 million W tokens, enhances cross-chain asset transfers by incentivizing participation in its interoperability protocol, connecting over 30 blockchains. It boosts liquidity and adoption but introduces security concerns. Past incidents, like the 2022 $321 million hack, exposed vulnerabilities in its bridge smart contracts. Post-hack, Wormhole improved security with audits, Guardian node upgrades, and monitoring. However, cross-chain bridges remain targets for exploits (e.g., smart contract bugs, oracle manipulation). While liquid token transfers via Native Token Transfers (NTT) improve efficiency, ongoing risks require robust, standardized security measures.