Perp DEX Airdrops
8 active Perp DEX airdrops you can take part in right now, plus 8 past distributions to research. Each listing covers eligibility, the steps involved, and how the allocation worked.
Active Perp DEX airdrops8
Meridian
The renamed Ethereal: real world asset perpetuals and prediction markets on Robinhood Chain, with no token announced.
Perp DEX2.0(3)
Arcus
Points went live on 1 October with Season 1. Perpetuals access is now invite only, earned through $1M of volume rather than a whitelist.
Perp DEX20265.0(4)
Pacifica
Solana perp DEX distributing 500,000 points every Thursday since September 2025, with retroactive sybil slashing. Self-funded with no VC backing.
Perp DEX20253.3(3)
Lighter
A zero fee perp DEX on its own zk rollup. LIT launched in December 2025, paying 25% of supply automatically to Season 1 and 2 points holders.
Perp DEX20264.3(3)
Variational
Perp DEX on Arbitrum with omni-collateral margin. VAR is set for a Q4 2026 TGE, with 32% of supply airdropped to points holders, fully unlocked.
Perp DEX4.4(5)
StandX
StandX is shutting down and has cancelled its token. Its one-time DUSD airdrop, due to open on 1 November, is postponed until Binance resumes withdrawals.
Perp DEX20254.0(4)
Phoenix
Fully on-chain perpetual futures exchange built on Solana by Ellipsis Labs.
Perp DEX3.5(2)
Ostium
Decentralised perpetuals exchange on Arbitrum for stocks, commodities and forex. Its OLP vault lost $23.75M in a July 2026 exploit, and a recovery plan is under way.
Perp DEX4.0(2)
Past Perp DEX airdrops8
edgeX
PastA perp DEX that put 25% of supply into a fully unlocked genesis airdrop, one of the largest community shares of 2026, after delaying its TGE.
Perp DEX2026
tread.fi
PastA trading terminal that never sold a token. No presale, no private round, no SAFT, and points that needed $100,000 of weekly volume to earn at all.
Perp DEX2026
GRVT
PastA privacy focused derivatives exchange on zkSync that distributed 280 million GRVT, split across two seasons rather than paid out in one go.
Perp DEX2026
Genius Terminal
PastClaim inside seven days and 70% of your allocation was burnt. Do nothing and it locked for a year, then paid in full. Inaction was the better move.
Perp DEX2026
Paradex
PastA Starknet perp DEX that airdropped 25% of supply fully unlocked, and raised the allocation from 20% rather than quietly trimming it.
Perp DEX2026
dYdX
PastThe original perp DEX airdrop: 75M DYDX to 64,000 traders by historical volume. Tier 1 received $4,414 and top users $135,692 at launch prices.
Perp DEX20214.0(1)
Hyperliquid
PastLargest airdrop in crypto history, 310M HYPE (31% of supply) distributed to 94,000 early traders with zero VC allocation. Launched at $2, peaked near $35.
Perp DEX2024
Aster
PastSix activity based airdrop phases ran to March 2026. Emissions are now staking only at 450k ASTER weekly, with 99% of fees funding veASTER buybacks.
Perp DEX2025
About Perp DEX airdrops
Perpetuals exchanges let you trade with leverage onchain, and they run some of the most generous points programmes in crypto. Most reward trading volume, open positions and providing liquidity to the exchange's vault, often in weekly drops.
Volume is the obvious lever and the most expensive one: fees and losses can outrun any reward. Many exchanges now weigh how you trade, such as holding positions or making markets, over raw turnover, and some cap points or filter out wash trading.
Leverage can wipe out a position quickly. Size trades for the risk, not for the points, and read each exchange's liquidation rules before you start.
Why We Built Airdrop Meta
36 million HYPE tokens went unclaimed over a missed T&C signature. That is $1.2 billion lost to a single update, and one of many such cases.
One overlooked deadline should not cost you a life-changing airdrop. Crypto Twitter is loud; we cut through it so you do not have to.
- Build your personal watchlist
- Get project updates & deadline alerts
- Step-by-step guides and alpha for every airdrop
- Filter by fundamentals, category, difficulty and more