Rails Airdrop Timeline
About Rails
Rails is a perpetuals exchange that pairs a centralised matching engine with onchain custody, running on Kraken's Ink chain. It raised about $20 million in total, including a $14 million round with token warrants in June 2025, with Kraken among its backers.
RAILS began trading on Kraken on 5 February 2026 with a supply of 65 million. Kraken's disclosure lists 6.5 million RAILS, 10% of supply, as early user rewards for traders who earned points.
Airdrop Stats
How it worked to get the Rails airdrop
Step 1
Trade on Rails
Points came from trading on the exchange and converted into the early user rewards.
Was the Rails airdrop worth it?
- Small supply. 65 million tokens is unusually low, so allocations are measured in small numbers.
- Kraken-backed. Kraken invested and listed RAILS.
Rails Official Links
Official channels, documentation and community for this airdrop:
This airdrop has concluded. It is kept for research rather than participation.
