What's new is that crypto protocols are now making it easier than ever to gain gold exposure on-chain, while simultaneously farming points and token airdrops. From tokenized bullion backed 1:1 by physical gold (like Tether's XAUt) to gold perpetual contracts on decentralized exchanges, there are now compelling strategies that let you hedge against crypto volatility without sitting on the sidelines.

In this guide, we cover 10 airdrop opportunities offering gold or silver exposure, divided into passive yield strategies and active perp trading strategies — plus a breakdown of funding rate arbitrage for those who want delta-neutral gold positions.

Why Trade Gold Perps or Hold Tokenized Gold?

Gold's volatility, while slightly elevated recently, remains far lower than Bitcoin or altcoins. This makes gold perpetual contracts better suited for less experienced traders who want to earn airdrop points without the wild PnL swings that come with crypto trading.

For those who don't want directional exposure at all, funding rate arbitrage between gold perps on different DEXs offers a market-neutral way to earn points across multiple protocols simultaneously.

Passive Gold Yield Strategies

1. Oro — Tokenized Gold on Solana

Oro is a tokenized gold protocol built on Solana. Its core asset, $GOLD, is backed 1:1 by certified 99.99% pure physical gold held in regulated vaults with custodians like Brinks. This makes gold fully DeFi-compatible: you can stake it, trade it on DEXs like Jupiter or Meteora, and earn 3–4% APY from institutional gold leasing — all with Solana's fast, low-cost transactions.

Get started with Oro →

2. YO — XAUt Vault with ~15% Yield

Deposit XAUt (Tether's gold-backed token) into YO's gold vault to earn $YO rewards, Fusion points, and approximately 15% APY. You can also deposit ETH, USDC, or USDT for passive yield. One of the more straightforward set-and-forget options on this list.

Get started with YO →

Active Strategies: Gold & Silver Perps

All four protocols below are built on the HIP-3 standard on Hyperliquid, meaning heavy usage could also qualify you for a potential $HYPE Round 2 airdrop — stacking your rewards further.

3. Tradexyz / Unit

Trade GOLD-USDC and SILVER-USDC perps on HIP-3 markets (select the "xyz" option on Hyperliquid) to push volume and qualify for a potential $UNIT airdrop. More speculative than some options below, but worth including in a diversified farming strategy.

4. Felix

Trade GOLD-USDH and SILVER-USDH perps to farm a potential $FELIX airdrop. Like Unit, this is in the more speculative category, but the dual asset pair (gold and silver) gives you more volume opportunities.

Get started with Felix →

5. Kinetiq — kPoints for $KNTQ

Trade GOLD with up to 25x leverage on the Markets.xyz frontend to earn kPoints toward the $KNTQ airdrop. Around 30% of the total $KNTQ supply remains to be distributed, making this a solid opportunity with reasonable certainty of reward.

Get started with Kinetiq →

6. Dreamcash — USDT Incentives + $DREAM Token ⭐ Priority Pick

Trade GOLD-USDT with up to 20x leverage to earn volume-based USDT incentives and Dreamcash points. Backed by Tether, Dreamcash teased a $DREAM token launch in December 2025. Along with Kinetiq, this is one of the higher-conviction plays on this list — prioritise these two if you want more certainty of receiving an airdrop.

Get started with Dreamcash →

Other Perp DEXs with Precious Metals Exposure

7. Extended

Trade gold (up to 25x leverage) and silver (up to 10x leverage) to earn points toward a potential airdrop.

Get started with Extended →

8. Variational — 50% Community Allocation Confirmed ⭐ Priority Pick

Trade gold with up to 50x leverage and earn a share of the confirmed 50% community token allocation for $VAR. The points program launched less than 3 months ago, so it's still early — this is one of the best risk-adjusted opportunities on the list.

Get started with Variational →

9. Nado — Confirmed $INK Airdrop

Push volume on XAUt-USDT (up to 10x leverage) to earn points. Nado users have a confirmed $INK airdrop coming later this year, making this one of the more certain reward opportunities here.

Get started with Nado →

10. Ostium — Highest Leverage Available

Ostium offers the highest leverage of any protocol on this list: 100x on gold and 50x on silver. This makes it especially accessible for users with smaller amounts of capital who want to push meaningful volume. Note that the points program has been running for a while, so factor that into your timing.

Get started with Ostium →

Funding Rate Arbitrage: Earn Points Without Directional Risk

If you don't want to bet on gold going up or down, funding rate arbitrage lets you hold delta-neutral positions across two DEXs while earning points on both simultaneously.

Here's how it works: funding payments are exchanged between long and short traders to keep the perpetual contract price aligned with the spot/oracle price. When the funding rate is positive, longs pay shorts. When it's negative, shorts pay longs.

Example using current rates:

• Variational: Gold funding rate = -0.26% annually (longs receive payments)

• Extended: Gold funding rate = +8.6% annually (shorts receive payments)

By opening a long on Variational and a short on Extended, you capture funding payments from both sides while holding a net-zero gold position. You earn on both as long as the rate differential persists — and you farm points toward two airdrops at once.

Alternatively, if you do want upside exposure to gold, simply identify which DEXs have a negative funding rate (meaning longs get paid) and go long there — you get gold exposure, earn funding payments, and farm airdrop points at the same time.

Summary: Which Protocols Should You Prioritise?

As always, nothing in this article constitutes financial advice. Perpetual contracts involve risk — only trade with funds you can afford to lose.

• Equity perps: The rise of HIP-3 markets - which have attracted >$26 billion in trading volume so far and reaching ~$1 billion in open interest - have enabled traders to speculate on equities and commodities using Hyperliquid. Other Perp DEXs are beginning to add this "killer feature" for crypto, that is trading TradFi assets on chain, as exposure to US stocks like Tesla typically have higher cost barriers for anyone living outside the US.

• Prediction markets: The rising popularity and mainstream adoption of Polymarket turned prediction markets into one of the hottest narratives.

• Privacy: An increased focus on privacy during late 2025 could mean that projects in this category could outperform the general crypto market.

Layer 2s airdrops that are actually worth farming seem to be making a comeback in 2026. Two projects linked to the leading centralized exchanges are anticipated to tokenize this year - $INK with the backing of Kraken as well as Coinbase’s $BASE.

For other things to look out for, here’s our complete airdrop tier list for 2026, with the majority of projects expected to wrap up their points programs and drop a token sometime this year.

S Tier

Hyperliquid

• Airdrop Confirmed?: Not yet, but there’s ~40% of the $HYPE supply for ‘future emissions and rewards’. Polymarket is pricing a 52% chance that there will be a second Hyperliquid airdrop before December 31st, 2026.

• Rationale: The Perp DEX leader emerges into 2026 as the biggest winner and with the equity perps segment blossoming. HyperEVM activity could also be rewarded in the near future.

• Act Now: Trade HIP-3 markets through frontends like Markets to hit multiple airdrops at once. Stay active on HyperEVM by bridging, swapping tokens, and providing liquidity.

Polymarket

• Airdrop Confirmed?: Yes confirmed by the CMO in October 2025, but no details on tokenomics yet.

• Rationale: Leader in the prediction markets category. Raised over $2 billion with a confirmed $POLY token. One of the most successful crypto use cases, achieving the greatest mainstream adoption. Very high potential for a retroactive airdrop based on your trading volume, the amount of liquidity you provided, and your active weeks.

• Act Now: Generate volume by making predictions and make use of copy-trading tools. Provide liquidity regularly to markets listed under rewards.

Base

• Airdrop Confirmed?: Base shifted their stance to exploring a network token late last year. While there’s no confirmed airdrop yet, Layer 2s like Arbitrum, Optimism and others set precedent. $BASE is anticipated by many to drop sometime this year.

• Rationale: Most anticipated airdrop ever with $500M in funding, incubated by Coinbase with no VC rounds. $BASE has potential be the best airdrop for on-chain users since Arbitrum. Expected to be a generous allocation to users and creators.

• Act Now: Bridge ETH and stay active on Base as a user/creator: trade and provide liquidity on Aerodrome, claim a .base domain name, play the MegaPot lottery, use the official Base app, create posts on Farcaster and blogs on Paragraph, mint NFTs, create your own NFTs, trade perps on Avantis.

Variational

• Airdrop Confirmed?: Yes, $VAR allocation for community = 50%.

• Rationale: Almost 500 trading pairs to trade any altcoin. Raised $11.8M from Bain Capital Crypto, Coinbase Ventures, Peak XV. Loss refunds and zero fees.

• Act Now: Trade perps and refer friends.

A Tier

Extended

• Airdrop Confirmed?: Yes, 30% of the token supply is confirmed for an airdrop. The points program has been ongoing since May 2025, airdrop likely to happen around Q2 of 2026.

• Rationale: One of the better perp DEXs outside of Hyperliquid and Variational. Strong funding of $6.5M

• Act Now: Trade perps and deposit into XVS. XVS deposits count towards your trading collateral, making trading on Extended more capital efficient, earning yield while using XVS deposits as collateral. Traders can also ride the equity/commodities perps trend by longing/shorting gold, silver and $SPX while farming points.

Ink

• Airdrop Confirmed?: Yes, an $INK airdrop is confirmed for Tydro and Nado users.

• Rationale: Backing from top CEX Kraken. Could replay $BNB price action if ecosystem develops.

• Act Now: Bridge ETH, claim Ink domain name, supply assets to Tydro, trade perps on Nado, and swap tokens on Velodrome. Airdrop anticipated sometime between July-September 2026.

Nado

• Airdrop Confirmed?: Yes, an Ink insider has said that most of the $INK airdrop will go to Nado users. Nado’s alpha stage finished in mid-January.

• Rationale: Backed by Kraken. Also, a potential 2-in-1 airdrop route hitting a confirmed $INK airdrop, as well as a possible Nado token (although unconfirmed).

• Act Now: Trade perps using $USDC, $USDT, $kBTC and $WETH. You can hold $kBTC and trade perps to avoid missing out on any gains from your $BTC holdings. Deposit to NLP when cap is lifted.

Kinetiq

• Airdrop Confirmed?: Yes, 30% of the $KNTQ supply left for ‘Protocol Growth & Rewards’, which we think will be mostly geared towards traders using Markets.

• Rationale: Strongest moat amongst HyperEVM projects and clear value accrual for $KNTQ holders: the best airdrop so far from the HyperEVM ecosystem. Along with a decent price performance for $KNTQ, the 2nd round airdrop shouldn’t be faded.

• Act Now: Trade equity perps on Markets. Also, stake $KNTQ for $sKNTQ for a points boost. Stake >50,000 $KNTQ to get an increased referral share and taker fee discounts for trading.

Unit

• Airdrop Confirmed?: No, but highly speculated. The $UNIT ticker was bought in January 2025.

• Rationale: Widest range of equity and commodity perps. Biggest buzz amongst HyperEVM projects. Hyperliquid may reward HIP-3 traders.

• Act Now: Trade equity perps on Hyperliquid. Buy spot BTC, ETH and other tokens. Bridge in and out using BTC, ETH, SOL and other tokens.

Felix

• Airdrop Confirmed?: No, but Felix’s points program has been ongoing since April 2025. The $FELIX ticker was bought in October 2024.

• Rationale: One of the most successful protocols on HyperEVM in terms of TVL. A friendly fork of Liquity that has more traction, along with their own unique product features such as HIP-3 perps and the upcoming spot stocks in partnership with Ondo.

• Act Now: Borrow $USDH to trade Felix’s HIP-3 perps: get leveraged exposure to gold, silver, and equities using Felix’s frontend. Buy and hold spot stocks once live.

Dexari

• Airdrop Confirmed?: No, but Season 2 of points started in January 2026 and the $DEXARI ticker was acquired during August 2025. Likely to airdrop by Q2-Q3 2026.

• Rationale: Best mobile wallet for Hyperliquid, former Binance US team and $2.3M in funding.

• Act Now: Trade perps and spot assets.

Dreamcash

• Airdrop Confirmed?: No, but points have been running since August 2025 and a $DREAM token was teased on their official X account.

• Rationale: Close runner up to Dexari for the best mobile app to farm on Hyperliquid. Tether partnership means points farming could result in a bigger payoff.

• Act Now: Download the mobile app and get 1,000 free points. Then get $USDT and trade perps - especially Dreamcash’s HIP-3 markets (currently TSLA-USDT, NVDA-USDT and US500-USDT).

Ventuals

• Airdrop Confirmed?: No, but points system ongoing since October 2025, $VNTLS ticker secured in October 2025.

• Rationale: The most innovative use of HIP-3 so far with pre-IPO perps trading.

• Act Now: Deposit $HYPE to receive $vHYPE, trade Ventuals’ HIP-3 perps.

Project X

• Airdrop Confirmed?: No, but points ongoing since July 2025.

• Rationale: Accounts for majority of HyperEVM transaction volume as the flagship DEX.

• Act Now: Trade, provide liquidity and refer friends.

Hylo

• Airdrop Confirmed?: No, but XP points for activity.

• Rationale: Backed by Robot Ventures, Colosseum, Solana Ventures (potential $15M funding mentioned). Acquire liquidation-free leverage and high-yield stablecoin yields on Solana.

• Act Now: Deposit $SOL, use leverage trading, earn XP through protocol interactions; boost via referrals. Use code "4IRNMS” to get a 5% XP boost!

Limitless

• Airdrop Confirmed?: Yes, in Season 3 of their points program which ends on May 25, 2026.

• Rationale: Prediction markets narrative. Raised $14M with Coinbase Ventures backing. Also, transactions on Limitless increase your on-chain footprint for $BASE.

• Act Now: Trade prediction markets, refer friends.

Probable

• Airdrop Confirmed?: No, but points system live.

• Rationale: Prediction markets narrative. Backed by YZi Labs, PancakeSwap, and TrustWallet. Use it to hedge against Polymarket bets. Underfarmed compared to competitors.

• Act Now: Trade prediction markets and refer friends.

Titan

• Airdrop Confirmed?: No, potential based on trading volume.

• Rationale: $7M seed funding led by Galaxy Ventures, emerging as one of the leading DEX aggregators on Solana.

• Act Now: Swap tokens and refer friends.

Strata

• Airdrop Confirmed?: No, but potential rewards and $STRATA token confirmed.

• Rationale: Backed by Maven11 Capital, Faction VC, Halo, Anchorage with $3M in funding; structured yield products on Ethena's USDe.

• Act Now: Deposit into pre-deposit vaults and engage with yield products; $STRATA TGE expected in April 2026.

Miden

• Airdrop Confirmed?: Confirmed 10% airdrop to POL holders, potential for testnet users.

• Rationale: One of the strongest contenders in the privacy narrative. Raised $25M from a16z, 1kx, Hack VC.

• Act Now: Interact with testnet.

OpenMind

• Airdrop Confirmed?: No.

• Rationale: Raised $20M. Ties into high-potential trends such as AI, robotics and DePIN.

• Act Now: Download app, earn points through mapping, robot service evaluations, referrals and claim badges.

LayerZero

• Airdrop Confirmed?: Yes.

• Rationale: 29.8% of the $ZRO supply left for community.

• Act Now: Bridge assets. Use multiple chains/routes.

MegaETH

• Airdrop Confirmed?: Yes, for Fluffle NFT holders = 5% of $MEGA.

• Rationale: New L1 with the most buzz, raised $50M in a token sale in 2025, and $20M seed led by Dragonfly.

• Act Now: Pre-deposit on mainnet bridge, interact with deployed apps like Telis, World Markets.

B Tier

Lighter

• Airdrop Confirmed?: Still 25% of $LIT for the community.

• Rationale: Raised $68M in November 2025 - one of the largest raises of 2025. Competition is high, best to focus primarily on Perp dexs that haven’t tokenized yet (such as Extended and Nado) as well as Hyperliquid’s HIP-3 equity perps.

• Act Now: Trade perps, enter competitions, stake $LIT and deposit into LLP.

Ostium

• Airdrop Confirmed?: No, but points system ongoing since March 2025.

• Rationale: Perp DEX narrative and equity perps.

• Act Now: Trade, provide liquidity to OLP and refer friends.

Pacifica

• Airdrop Confirmed?: No, but points program live since September 2025.

• Rationale: Self-funded and the leading Perp DEX on Solana. No VC backing means potentially greater allocation for the community as compared to competitors like Extended, Nado, and Ostium.

• Act Now: Trade perps, enter competitions, and refer friends.

Hibachi

• Airdrop Confirmed?: No, but points program live since March 2025.

• Rationale: Raised $5M seed led by Dragonfly, with Electric Capital, Echo.

• Act Now: Trade perps, complete quests, referrals, and participate in competitions.

Reya

• Airdrop Confirmed?: Yes, 45% allocation for community.

• Rationale: Perp DEX narrative. Raised $19M from Framework, Coinbase Ventures.

• Act Now: Trade perps and refer friends.

Lit

• Airdrop Confirmed?: No, but Embers points system ongoing.

• Rationale: Hit multiple potential airdrops (Lit, Unit, Hyperliquid, etc.) by trading crypto and equity perps on the platform.

• Act Now: Trade perps and refer friends.

Bullpen

• Airdrop Confirmed?: No, but likely to tokenize with their points program running since July 2025.

• Rationale: Bullpen is a unified on-chain trading app for tokens, perps, and prediction markets (integrated with Hyperliquid, Solana, Polymarket and Unit), where users can hit multiple potential airdrops.

• Act Now: High trading volume can yield substantial points; the points system rewards active users on a weekly basis. Also, refer users and share trades on X for bonus points.

Treadfi

• Airdrop Confirmed?: No, but Season 1 ongoing since November 2025.

• Rationale: Raised $3.5M, algorithmic trading terminal for DEX automation. Use the delta neutral bot to earn points from both TreadFi and farm various Perp DEXs like Hyperliquid, Extended and Nado.

• Act Now: Trade using market maker and delta neutral bots. Season 1 ends May 18, 2026.

Abstract

• Airdrop Confirmed?: No, but XP points system running since January 2025.

• Rationale: Raised $11M+ led by Founders Fund; consumer-focused L2.

• Act Now: Bridge ETH, swap tokens, interact with ecosystem games/DeFi protocols, and collect badges.

Tempo

• Airdrop Confirmed?: No points or airdrop confirmed.

• Rationale: Raised $500M led by Thrive Capital, Greenoaks.

• Act Now: Interact with testnet.

Caesar

• Airdrop Confirmed?: No.

• Rationale: AI research tool, beta access via token gating, and 83% of token supply for ‘community’.

• Act Now: Acquire 10,000 $CAESAR on Base, chat with AI, provide feedback, and link X account. Full product launch in Q1.

EdgenX

• Airdrop Confirmed?: No, but points campaign ongoing since May 2025.

• Rationale: Raised $11M, free to farm, AI narrative.

• Act Now: Link X account and chat with AI.

EdgeX

• Airdrop Confirmed?: No, but points for retroactive potential.

• Rationale: Perp DEX narrative, backing from Amber Group.

• Act Now: Trade perps and refer friends.

Ethereal

• Airdrop Confirmed?: No, but points program live since

• Rationale: Perp DEX narrative and part of Ethena ecosystem. Points for $USDe deposits and $eUSDe; Ethena rewards (30x).

• Act Now: Deposit USDe, trade perps, and refer friends.

Easyfun

• Airdrop Confirmed?: No, but points program ongoing.

• Rationale: Rewards programs for events, built on Hyperliquid with $2M in funding.

• Act Now: Download mobile app, trade and refer friends. Use code "airdrops" for 35% trading rebates.

GlueX Protocol

• Airdrop Confirmed?: Yes, points turn into $USDC rewards every quarter.

• Rationale: Use HyperEVM as you normal would using the GlueX frontend to qualify for points.

• Act Now: Use GlueX’s frontend to perform DeFi transactions.

Valantis

• Airdrop Confirmed?: No, but points program ongoing since December 2025.

• Rationale: The highest-yielding and most liquid LST for $HYPE. Raised $7.5M from Cyber Fund and Kraken Ventures.

• Act Now: Get $stHYPE and use in DeFi applications.

Fogo

• Airdrop Confirmed?: Yes, season is 2 ongoing with 2% of the $FOGO supply, but end date is unconfirmed.

• Rationale: Fogo is a specialized, ultra-low-latency SVM Layer-1 blockchain built exclusively for on-chain trading and DeFi. Raised $20.5M.

• Act Now: Participate in Fogo Flames Season 2: on-chain activity in eligible dApps (like Valiant DEX, Pyron, Fogolend, Brasa, and Ignition for trading, lending, borrowing, and staking), plus referrals for bonus Flames.

Fhenix

• Airdrop Confirmed?: No.

• Rationale: Free to farm, privacy-focused Layer 2, raised $22M.

• Act Now: Interact with testnet.

Genius

• Airdrop Confirmed?: Yes, Genius Points farming ongoing.

• Rationale: Privacy-focused on-chain trading terminal. Raised $17M total backed by YZi Labs (ex-Binance Labs) with CZ as an advisor.

• Act Now: Trade and refer friends. Season 1 ends March 16, 2026.

Opinion

• Airdrop Confirmed?: Yes

• Rationale: Part of the hot prediction markets narrative, second only to Polymarket in terms of volume and mindshare. Can also be used to hedge your Polymarket bets. $5M funding backed by Binance, CZ, Animoca Brands, and Amber Group.

• Act Now: Trade prediction markets and refer friends.

C Tier

ZeroFi

• Airdrop Confirmed?: Yes, $ZRFI token confirmed and an airdrop for early users.

• Rationale: Privacy narrative, low cost to participate.

• Act Now: Test the bridge with small amounts of XMR.

Decibel

• Airdrop Confirmed?: No, but pre-deposit rewards and points.

• Rationale: Backed by Aptos ecosystem.

• Act Now: Use testnet and join pre-deposit waitlist.

N1

• Airdrop Confirmed?: No

• Rationale: Raised $7M, backed by Founders Fund.

• Act Now: Join testnet, trade on Terminal, and interact for potential rewards.

Liminal

• Airdrop Confirmed?: No confirmed airdrop or points program.

• Rationale: Tokenized delta neutral strategies on HyperEVM.

• Act Now: Deposit stablecoins, mint xHYPE and/or xBTC.

Vest

• Airdrop Confirmed?: No, but points system active since March 2025.

• Rationale: Wide variety of Equity perps/TradFi markets, $10M in total funding.

• Act Now: Trade perps, deposit to VLP and refer friends.

Coinpilot

• Airdrop Confirmed?: Potential airdrop through Hyperliquid activity, points program upcoming.

• Rationale: Copy trading platform on Hyperliquid, potential 2-in-1 airdrop strategy.

• Act Now: Deposit $USDC, copy trades to build volume and refer friends. Use code "AIRDROPSIO" for a 10% fee rebate.

Katana

• Airdrop Confirmed?: Yes

• Rationale: Raised $5M led by Framework Ventures; krates/points system ongoing

• Act Now: Deposit assets ($ETH, $USDC, $USDT, $WBTC) and add liquidity to pools.

Upshift

• Airdrop Confirmed?: No, but points system live since April 2025.

• Rationale: Backed by Dragonfly and 6th Man Ventures. Hit multiple airdrops with Upshift vaults.

• Act Now: Deposit assets into vaults and refer friends.

Silhouette

• Airdrop Confirmed?: No, but points can be earned through HyperBeat $UBTC or $UHYPE vaults.

• Rationale: Raised $3M, privacy-focused exchange on Hyperliquid.

• Act Now: Join beta with code "EBGIX" and trade privately on the platform to build activity.

Dark Protocol

• Airdrop Confirmed?: Yes, points convert into $DARK tokens.

• Rationale: Privacy narrative on Solana

• Act Now: Swap and shield assets.

StandX

• Airdrop Confirmed?: No, but points system live since April 2025.

• Rationale: Backed by Solana Foundation, ex-Binance team.

• Act Now:Trade (limit orders for maker points), hold DUSD in vaults (1.25x), and refer friends.

9Lives/Superposition

• Airdrop Confirmed?: No, but active points program for Superposition since February 2025 and points launched on 9Lives in December 2025.

• Rationale: Prediction markets narrative for 9Lives, Superposition L2 built on Aribitrum.

• Act Now:Trade prediction markets on 9Lives. Bridge $ETH, trade and provide liquidity on Superposition’s L2.

Glider

• Airdrop Confirmed?: No, but points ongoing since July 2025.

• Rationale: Raised $4M backed by a16z, Coinbase, and GSR. Interesting product enabling the creation of custom trading strategies that can be shared.

• Act Now: Create your own investment portfolios, deposit ETH and invest in other custom-made strategies. Referrals compound earnings.

Oro

• Airdrop Confirmed?: No, but points program live since November 2025.

• Rationale: Get exposure to gold on Solana and position for a potential airdrop.

• Act Now: Stake $GOLD, LPing and trading volume.

Citrea

• Airdrop Confirmed?: No.

• Rationale: Raised $16.7M, BitcoinFi narrative.

• Act Now: Bridge $BTC and/or $USDT, test mainnet apps by trading/providing liquidity.

Nansen

• Airdrop Confirmed?: No, but points program ongoing with partner perks.

• Rationale: Raised $88M, leading on-chain analytics platform.

• Act Now: Participate in Season 3

Rialo

• Airdrop Confirmed?: No.

• Rationale: Raised $20M backed by Pantera Capital.

• Act Now: Join waitlist and get Researcher Discord role.

D Tier

Soneium

• Airdrop Confirmed?: No, but layer 2s like Arbitrum and Optimism have set precedent.

• Rationale: Sony-backed Layer-2 blockchain with ecosystem partnerships; no specific funding amount but strong corporate support.

• Act Now: Participate in Soneium Score seasons, complete quests, bridge assets and trade.

Phygitals

• Airdrop Confirmed?: No, but a $PHYGTL token was teased on their official X account.

• Rationale: Points system for marketplace activity; community-built with $100M+ volume and 1M+ transactions. Act Now: Engage in referrals, buy cards/packs, and trade on marketplace to earn points.

Liquid

• Airdrop Confirmed?: No, but points system live since May 2025.

• Rationale: Raised $7.6M from teams with backgrounds in Two Sigma, Citadel; integrated with Perp DEXs like Hyperliquid and Ostium.

• Act Now: Trade perps in the app to accumulate points. Use code "AIRDROPSIO".

Pharos

• Airdrop Confirmed?: Confirmed airdrop campaign with seasons.

• Rationale: Free to farm. Raised $8M seed from Hack VC, Faction, Dispersion Capital.

• Act Now: Participate in testnet seasons, complete on-chain tasks and quests; submit wallet for rewards.

Inco

• Airdrop Confirmed?: No.

• Rationale: $9.5M in funding, Inco is a modular confidentiality layer for Web3, adding encrypted smart contract capabilities via FHE, MPC, and TEE to existing blockchains like Ethereum, unlocking private DeFi, payments, and gaming.

• Act Now: Interact with testnet and get Discord roles.

Surf

• Airdrop Confirmed?: No points or airdrop system yet.

• Rationale: Raised $15M led by Pantera Capital, with Coinbase Ventures, DCG; AI platform for crypto research.

• Act Now: Use the platform for research reports, connect X account, engage in challenges or trials; monitor for future rewards.

Let's see which tokens drop in Q1 2026, already a few are confirmed. We'll also update the list at the end of Q2.

Happy farming in 2026! 🍀🫰💰