Perp DEX Airdrop Calendar 2026
Track every perpetual DEX airdrop in one place β which points programs are still farmable right now, which tokens have an upcoming TGE, and which have already launched. Live FDV estimates come from Polymarket consensus; dates are curated and verified.
Dates marked βestimatedβ are best-effort projections β always confirm on the venueβs official channels before a snapshot.
Farmable Now
Points programs actively running β start farming before the snapshot to qualify for the airdrop.
LIT launched on 30 Dec 2025 (Seasons 1β2 distributed). No new mainnet season; points are now earned through Lighter's Robinhood Chain instance.
- Season
- Robinhood Points
- TGE
- Dec 30, 2025(confirmed)
- Airdrop %
- 25%
- Est. FDV
- no consensus market yet
Short $TRX here, opposite side on KuCoin: the pair paid β$2k/week in funding on $100k (7-day avg 84.3% APR) while you collect points.
Backtest this pair β
- Season
- Pre-points (retroactive)
- TGE
- TBA(rumored)
- Est. FDV
- no consensus market yet
Short $HYPE here, opposite side on Gate.io: the pair paid β$1k/week in funding on $100k (7-day avg 64.2% APR) while you collect points.
Backtest this pair β
Nado is a spot+perp CLOB DEX on Kraken's Ink L2. Season 2 is open to everyone; the weekly pool scales with volume from a 300K floor to a 950K cap. No TGE date is published β the earlier Q3 2026 target has passed.
- Season
- Season 2
- TGE
- Aug 1, 2026(rumored)
- Est. FDV
- $200M
Long $HYPE here, opposite side on Bullet: the pair paid β$1k/week in funding on $100k (7-day avg 59.9% APR) while you collect points.
Backtest this pair β
Lighter on Robinhood Chain Points: live since 10 Aug 2026, real-time accrual, weekly drop on Fridays; 2Γ via Robinhood Wallet. Rewards are in LIT.
- Season
- Robinhood Points (2x)
- TGE
- TBA(estimated)
- Est. FDV
- $3.0B
Long $HYPE here, opposite side on Bullet: the pair paid β$1k/week in funding on $100k (7-day avg 59.9% APR) while you collect points.
Backtest this pair β
TxFlow (perp DEX on its own L1) announced Points Season 1 on 28 Sep 2026; the rules are not published yet and activity before it is recognised. No ticker or TGE date has been announced.
- Season
- Points Season 1 (announced)
- TGE
- TBA(rumored)
- Est. FDV
- no consensus market yet
Long $HYPE here, opposite side on Bullet: the pair paid β$1k/week in funding on $100k (7-day avg 59.3% APR) while you collect points.
Backtest this pair β
Pacifica remains pre-TGE, running a Solana points program since 4 Sep 2025 with no token or TGE date announced.
- Season
- Points Program
- TGE
- TBA(rumored)
- Est. FDV
- $149M
Long $HYPE here, opposite side on Bullet: the pair paid β$1k/week in funding on $100k (7-day avg 58.8% APR) while you collect points.
Backtest this pair β
Omni Points farming live (150k points a week) until the TGE. $VAR TGE is set for Q4 2026 (Variational docs); 32% of supply goes to the Genesis Distribution in proportion to points.
- Season
- Omni Points
- TGE
- Nov 1, 2026(estimated)
- Airdrop %
- 32%
- Est. FDV
- $1.7B
Long $HYPE here, opposite side on Bullet: the pair paid β$1k/week in funding on $100k (7-day avg 58.8% APR) while you collect points.
Backtest this pair β
Bullpen is a unified trading terminal (co-founded by Ansem) routing perps to Hyperliquid and Solana tokens to Jupiter; its points program has run since May 2025 (now Season 3, ~70M of 100M points left) with the $BULL ticker reserved on Hyperliquid, no token confirmed.
- Season
- Season 3
- TGE
- TBD(rumored)
- Est. FDV
- $150M
Long $HYPE here, opposite side on Bullet: the pair paid β$993/week in funding on $100k (7-day avg 51.7% APR) while you collect points.
Backtest this pair β
RISE points Β«Ignite: Season 1Β» since 20 Jul 2026: 200k points/week, paid out on Tuesdays. No token or TGE announced yet.
- Season
- Ignite: Season 1
- TGE
- May 1, 2027(estimated)
- Est. FDV
- $400M
Long $HYPE here, opposite side on Bullet: the pair paid β$908/week in funding on $100k (7-day avg 47.2% APR) while you collect points.
Backtest this pair β
- Season
- SoPoints
- Est. FDV
- $286M
Long $ZEC here, opposite side on Bullet: the pair paid β$334/week in funding on $40k (7-day avg 43.5% APR) while you collect points.
Backtest this pair β
- Season
- Ondo Points
- Est. FDV
- $4.1B
Long $XAU here, opposite side on Hotcoin: the pair paid β$300/week in funding on $100k (7-day avg 15.6% APR) while you collect points.
Backtest this pair β
Hibachi (ZK privacy perp DEX) keeps farming via its weekly Playoffs season; the team confirmed the $HEAT ticker and a roadmap of FX perps β Arc β TGE, but no date, tokenomics or allocation yet.
- Season
- Points Active
- TGE
- Nov 1, 2026(estimated)
- Airdrop %
- 20%
- Est. FDV
- $300M
Short $BTC here, opposite side on Phemex: the pair paid β$255/week in funding on $100k (7-day avg 13.3% APR) while you collect points.
Backtest this pair β
Perpl (Monad CLOB perp DEX) runs the 16-week "Purple Summer" mPoints campaign from 8 Jul 2026 (ending around 28 Oct), with rewards paid in MON; no Perpl token is announced.
- Season
- Purple Summer (mPoints)
- TGE
- TBD(rumored)
- Est. FDV
- $300M
Short $BTC here, opposite side on Phemex: the pair paid β$167/week in funding on $100k (7-day avg 8.7% APR) while you collect points.
Backtest this pair β
N1 (formerly 01.xyz) distributes N1 Points weekly in Season 1; points feed a user's Level and Momentum. Season 1 terms are still being finalised and no token or TGE is announced.
- Season
- N1 Points Season 1
- TGE
- TBA(rumored)
- Est. FDV
- $150M
Long $BTC here, opposite side on RiseX: the pair paid β$59/week in funding on $50k (7-day avg 6.1% APR) while you collect points.
Backtest this pair β
DIME launched on 5 Mar 2026 (25% of supply airdropped to XP holders). XP Season 3 has been live since 1 Feb 2026 β farming continues after the TGE.
- Season
- XP Season 3
- TGE
- Mar 5, 2026(confirmed)
- Airdrop %
- 25%
- Est. FDV
- $36M
Long $ETH here, opposite side on Bullet: the pair paid β$36/week in funding on $52k (7-day avg 3.6% APR) while you collect points.
Backtest this pair β
Amps are Decibel's native points. Season 1 launched with mainnet and has no published end date. Amps accrue daily from four emission pools β trading, streaks, referrals and DLP vault deposits β and are a primary input for token distribution at a TGE that has not been dated; no conversion rate is published.
- Season
- Amps Season 1
- TGE
- TBA(estimated)
- Est. FDV
- no consensus market yet
No delta-neutral pair with positive 7-day funding right now β farm on volume alone.
Rebranded from Ethereal to Meridian around May 2026: it left its Ethena-native positioning to launch on Robinhood Chain and now focuses on RWA perps and prediction markets, still settled in USDe. Points carried over, no token has launched and no TGE date is announced; the commitment of 15% of supply to ENA stakers still stands.
- Season
- Meridian Points
- TGE
- TBA(rumored)
- Airdrop %
- 15%
- Est. FDV
- $233M
No delta-neutral pair with positive 7-day funding right now β farm on volume alone.
Upcoming / Estimated TGE
Token generation events announced or expected. Farming may have closed; the token is on the way.
Extended ended its weekly points distributions: 69.2M of the 70M-point cap had been distributed by 6 Oct 2026, with one final allocation pending. No token or TGE date is announced yet.
- Season
- Points Program (ended)
- TGE
- TBA(rumored)
- Est. FDV
- no consensus market yet
Completed
Tokens already launched and airdrops distributed β kept for reference and precedent.
$GRVT launched on schedule 30 Jul 2026 13:00 UTC and trades on KuCoin, Bitget, Bybit, MEXC, Binance Alpha and Coinbase. The 280M-token airdrop (100M Season 1 + 180M Season 2) is released in tranches over 12 months; the 6 Aug 2026 claim-registration deadline has passed, so unregistered users must claim each tranche manually within 30 days of its release.
- Season
- Airdrop S1 + S2
- Snapshot
- Jun 30, 2026
- TGE
- Jul 30, 2026(confirmed)
- Airdrop %
- 28%
- Est. FDV
- no consensus market yet
edgeX completed its EDGE token TGE on 31 Mar 2026 (migrated to EDGE Chain), airdropping 25% of the 1B supply to points and NFT holders.
- Season
- Pre-TGE Season
- TGE
- Mar 31, 2026(confirmed)
- Airdrop %
- 25%
- Est. FDV
- no consensus market yet
Backpack launched its BP token on Solana on 23 Mar 2026, airdropping 25% of the 1B supply with no insider allocation.
- TGE
- Mar 23, 2026(confirmed)
- Airdrop %
- 25%
- Est. FDV
- no consensus market yet
ASTER launched as a BEP-20 token on 17 Sep 2025 with 53.5% of supply earmarked for community and airdrops.
- TGE
- Sep 17, 2025(confirmed)
- Airdrop %
- 53.5%
- Est. FDV
- no consensus market yet
HYPE launched on 29 Nov 2024 with a 310M-token airdrop (31% of supply) to over 90,000 early users β the largest perp-DEX airdrop precedent.
- TGE
- Nov 29, 2024(confirmed)
- Airdrop %
- 31%
- Est. FDV
- no consensus market yet
Orderly launched its ORDER token on 26 Aug 2024, with 'Road to the Order' Merits claimable as an airdrop afterward.
- TGE
- Aug 26, 2024(confirmed)
- Est. FDV
- no consensus market yet
APEX is a long-lived ERC-20 token on Arbitrum, fully unlocked as of 2026, with staking, governance and buyback-and-burn.
- TGE
- 2021(confirmed)
- Est. FDV
- no consensus market yet
DYDX has been live for years and now runs on the dYdX Chain (v4), with most supply unlocked as of 2026.
- TGE
- 2021(confirmed)
- Est. FDV
- no consensus market yet
Paused / no live markets
The venue currently has no tradeable markets (closed, migrating or relaunching) β nothing to farm until it is back.
Dreamcash is a Tether-backed mobile-first HIP-3 perp app on Hyperliquid; Season 1 awards XP plus weekly USDT to CASH HIP-3 traders, no token confirmed.
- Season
- Season 1
- TGE
- TBD(rumored)
- Est. FDV
- $95M
Reya's old markets are frozen: the venue is reported to be moving to Reya v2 (private beta, Season 2 from 28 Sep 2026). REYA has no TGE date.
- Season
- Reya Chain Points
- TGE
- Nov 1, 2025(rumored)
- Airdrop %
- 45%
- Est. FDV
- $67M
Airdrop & TGE date by exchange
Short answers per venue, built from the same checked data as the cards above.
When is the Bullet airdrop / TGE?
TGE: TBA (unconfirmed). The points program is live (Pre-points (retroactive)) β you can farm now. Price-neutral: the $HYPE pair against Gate.io paid β64.2% APR in funding over the last week.
When is the Bullpen airdrop / TGE?
TGE ($BULL): TBD (unconfirmed). The points program is live (Season 3) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β51.7% APR in funding over the last week.
When is the Decibel airdrop / TGE?
TGE: TBA (estimate). The points program is live (Amps Season 1) β you can farm now.
When is the Extended airdrop / TGE?
TGE: TBA (unconfirmed).
When is the Hibachi airdrop / TGE?
TGE ($HEAT): ~Q4 2026 (estimate). The points program is live (Points Active) β you can farm now. Price-neutral: the $BTC pair against Phemex paid β13.3% APR in funding over the last week.
When is the Lighter airdrop / TGE?
The token ($LIT) already launched (Dec 30, 2025). The points program is live (Robinhood Points) β you can farm now. Price-neutral: the $TRX pair against KuCoin paid β84.3% APR in funding over the last week.
When is the Lighter Robinhood airdrop / TGE?
TGE ($LIT): TBA (estimate). The points program is live (Robinhood Points (2x)) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β59.9% APR in funding over the last week.
When is the Meridian (ex-Ethereal) airdrop / TGE?
TGE: TBA (unconfirmed). The points program is live (Meridian Points) β you can farm now.
When is the N1 (01) airdrop / TGE?
TGE: TBA (unconfirmed). The points program is live (N1 Points Season 1) β you can farm now. Price-neutral: the $BTC pair against RiseX paid β6.1% APR in funding over the last week.
When is the Nado airdrop / TGE?
TGE ($INK): TBA (Q3 2026 target passed) (unconfirmed). The points program is live (Season 2) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β59.9% APR in funding over the last week.
When is the Ondo airdrop / TGE?
No official TGE date yet. The points program is live (Ondo Points) β you can farm now. Price-neutral: the $XAU pair against Hotcoin paid β15.6% APR in funding over the last week.
When is the Pacifica airdrop / TGE?
TGE: TBA (unconfirmed). The points program is live (Points Program) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β58.8% APR in funding over the last week.
When is the Paradex airdrop / TGE?
The token ($DIME) already launched (Mar 5, 2026). The points program is live (XP Season 3) β you can farm now. Price-neutral: the $ETH pair against Bullet paid β3.6% APR in funding over the last week.
When is the Perpl airdrop / TGE?
TGE: TBD (unconfirmed). The points program is live (Purple Summer (mPoints)) β you can farm now. Price-neutral: the $BTC pair against Phemex paid β8.7% APR in funding over the last week.
When is the RISEx airdrop / TGE?
TGE: TBA (Ignite runs to β€Q2 2027) (estimate). The points program is live (Ignite: Season 1) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β47.2% APR in funding over the last week.
When is the SoDEX airdrop / TGE?
No official TGE date yet. The points program is live (SoPoints) β you can farm now. Price-neutral: the $ZEC pair against Bullet paid β43.5% APR in funding over the last week.
When is the TxFlow airdrop / TGE?
TGE: TBA (unconfirmed). The points program is live (Points Season 1 (announced)) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β59.3% APR in funding over the last week.
When is the Variational airdrop / TGE?
TGE ($VAR): Q4 2026 (estimate). The points program is live (Omni Points) β you can farm now. Price-neutral: the $HYPE pair against Bullet paid β58.8% APR in funding over the last week.
How this calendar works
- β’Live FDV figures are pulled hourly from Polymarket prediction-market consensus on each tokenβs fully-diluted valuation after launch β not our guesses.
- β’Points-program status and native-token data refresh automatically from exchange research and our funding pipelines.
- β’Exact TGE and snapshot dates are curated from official venue announcements (sources linked per row) and re-verified weekly; venues whose TGE has passed move to Completed automatically.
- β’We never invent per-user payouts β use the Points Calculator to estimate what your points are worth.
Frequently asked questions
Which perp DEX airdrops can I still farm in 2026?
The βFarmable Nowβ section above lists every perpetual DEX with an active points program you can still earn before its snapshot β including pre-TGE venues like Pacifica, Variational, Ethereal and others. The list updates as programs open and close.
What is a snapshot date and why does it matter?
A snapshot is the moment an exchange records eligible wallets and points balances for its airdrop. Activity after the snapshot usually does not count, so farming before that date is what determines your allocation.
How is the estimated FDV calculated?
Estimated FDV reflects the Polymarket prediction-market consensus on each tokenβs fully-diluted valuation shortly after launch, computed from live market probabilities. It refreshes hourly and is a market estimate, not a guarantee.
How do I estimate the dollar value of my points?
Use the ORBIT Points Calculator: enter your points balance per venue and it multiplies by the consensus FDV and airdrop allocation to estimate a dollar value. The calendar links to it from each farmable venue.
Can I earn funding while farming an airdrop?
Yes β that is the core ORBIT idea (Combined APR). You can run a delta-neutral funding-rate arbitrage position on a venue while simultaneously farming its points. Open the screener from any farmable row to see live spreads.