10 Airdrops to Farm Right Now
And how to farm them!
Airdrops feel dead. Been a while I got a juicy one.
Yet I don’t think they are dead. With less noise, rewards should be less diluted.
But the new reality is different: you have to use protocols consistently. One transaction isn’t enough. Teams are rewarding real users, not simple farm hunters (oh, the irony).
So here are 10 protocols I am farming right now.
These are not simple farms but also good products that you should get value even if your airdrop ends up smaller than expected.
Disclaimer:
The content above is for informational purposes only and not financial advice. DeFi involves risks, including smart contract vulnerabilities, asset volatility, and potential loss of funds. Always do your own research (DYOR) and assess risks before interacting with any protocol.
1. Based
Superior trading app and wallet built on Hyperliquid. With mobile, desktop, and Telegram apps.
It lets you trade perps and spot, plus spend (and earn points) through a Visa card (Card coming soon to the US and the EU.)
I like that they are backed by Hashed, Delphi, Newman & Spartan VCs.
The playbook is simple: you earn 4x the airdrops via Based instead just one via HL:
Hyperliquid 2 & 3 Seasons
$BASED token
Based ecosystem airdrops (first was PUP with more to come)
UNIT airdrop
The team is open that Points → future $BASED airdrop. It’s one of the cleanest setups out there. The only downside is trading fee is 0.025% higher than via HL.
How to:
Trade perps, order the card when available. Can use it as your default Hyperliquid app on mobile or desktop from now on :)
Tip: Use the desktop app for 30% better performance. Participate in trading competitions for prizes (current pool is $20k)
2. Liminal
Amazing for stablecoin holders. And another for Hyperliquid fans: delta-neutral yield vaults on Hyperliquid.
Probably the easiest and most bullish airdrops you can bet on.
And you can farm $HYPE future airdrops + Liminal even if you don’t want to have any direction exposure to HYPE, BTC, ETH etc. tokens.
You deposit USDC, earn yield from funding spreads and keeping market-neutral position.
Their disclaimer says that it is not pure deposit and forget strategy as funding rate can turn against you or crazy wick could liquidate your positions. But for BTC, ETH or HYPE I believe we should be ok :)
How farming works
Deposit USDC here
No official points yet
Usage may be rewarded if a token launches
Even without a token, yield is sustainable (9.5%+ on USDC). Airdrop is optional upside.
Bridge USDC to Hyperliquid, deposit into vaults, and leave it running.
👉 Start here with my invitation. Min size is 500 USDC.
3. Legion
Legion wouldn’t be on my ‘airdrop farming list’ if not for the post below:
Their fundraising platform fundraised $5m from big names expanding their mission from public ICOs to bringing startup equity, private credit and IP onto crypto rails.
This is massive market size!
Their recently added OTC deals include OpenAI Equity, as well as OTC token sales.
And token is how these VCs make money. Probably. Right?
How to:
Create an account here. Pass KYC (I know, i know… but it removes sybils). Improve your score by connecting social accounts/wallets, and participate in token sales.
The airdrop is a plus so don’t be a degen and buy all ICO tokens. Do some DD before!
👉 Start here with my invitation.
4. Fogo
Fogo is a L1 built on the Solana Virtual Machine (SVM).
The difference: it runs a pure Firedancer client. That means sub-second blocks and a design aimed at high-frequency trading.
The public testnet is live now. Mainnet not yet.
Why I like it:
They’ve already raised solid backing: $5.5M in a seed round in late 2024. Then $8m on public sale in January at $100m valuation. That public round was done through Cobie’s Echo platform.
Maybe it will be an old-good, low-float, high-FDV airdrop of the past. L1 trade is not dead yet.
The testnet is early, which means low competition. Noise is low, upside is high.
Firedancer is a differentiator. If they pull it off, the chain will get traction. Being in from day one could pay.
They use Flames as the points system. Season 1 finished. So wait for season 2.
You can claim free FOGO and fUSD testnet tokens from their faucet here.
Ecosystem apps matter. The main DEX is Valiant but I like Ambient the most. Annoyingly Ambient has been tokenless for ages but their UI is really best.
👉 No referral or invitation here but start with guide here.
5. Backpack
Every crypto bull run has a new CEX player. Coinbase → Binance → FTX.
This cycle we’ve got a DEX (Hyperliquid) but Backpack has a CEX hole to fill.
I agree with Fabiano that it’s “one of the last six-figure airdrops left on Solana.”
It’s under-farmed. Compared to other Solana airdrops, far fewer users are grinding it. That means less dilution.
They acquired FTX EU, which gives them regulatory advantage in Europe. They’re building a compliant CEX business. And shows execution and credibility.
Backpack raised $37m in funding.
They have their own DeFi wallet: Backpack. It adds to their valuation.
How to:
Seasons structure the points system. Season 1 ended on August 6, Season 2 started on August 7.
You earn points from trading spot and recently added futures (including exotic perps like WLFI). Can deposit fiat, too.
Spot trading earns double points compared to perpetuals, incentivizing diverse user engagement.
Harder to game as it requires KYC.
Automatic VIP tier for Mad Lads NFT holders.
👉Start here with my invitation
6. Axiom
I cannot NOT include Axiom as it continuously earns more than $1m USD in daily fees. Together with Meteora, Axiom is the last tokenless project with such high rev and PMF.
Backed by Y Combinator.
Personally, I use it when i want to trade Solana shitters but you can use it to trade on HL (for 2x airdrop) and earn yield on MarginFi (I avoid this). If bull market for memecoins comes back, Axiom is going to be a big winner.
How to:
Just use the platform instead of trading on other memecoin DEXs. and earn Axiom Points for swaps
The more you trade, the higher your level becomes. The more points you get.
Docs hint at the future token. Few protocols are this transparent.
Prediction markets
Polymarket (my number 7) is my absolute winner for the best potential airdrop.
Perhaps only behind Hyperliquid if Polymarket executes well.
However, Polymarket is not the only one in town. Two other are:
8. Limitless
Limitless runs prediction and attestation markets on Base. You can bet on outcomes or create attestations that others agree or dispute.
They just launched their first Points Season (July 1 – Sept 22, 2025).
How farming works
Minimum $200 in volume to qualify
Provide liquidity to earn steady points
Weekly leaderboard updates with tiers: Bronze, Silver, Gold, Platinum, Diamond
Higher tiers give boosts (up to 20% for Diamond)
It’s another bet on the prediction market narrative (which is already hot on X and will get hotter in the future). It is more game-fied with hourly markets for degens.
The weekly reset keeps things fair: activity matters more than size. So good for non-whale wallets. Prediction plus attestations is a unique angle on Base.
How to:
Place small trades each week (I do it on Polymarket, Limitless at the same time, lol) and can try to create a few markets.
Low cost to stay active, and consistent users should benefit most.
👉 Try it here with my referral!
9. Myriad
Myriad is a prediction market on Abstract, so you get Abstract airdrop XP and Myriad points at the same time.
Neat.
It feels like Polymarket but with a twist: “Flash Markets” that show up inside news sites, blogs, or even X posts (but I’m yet to see myself on X).
Tbh, it is pretty straight forward and if Abstract does bet, Myriad could do well as well.
10. Kinetiq
If you farm just one airdrop on Hyperliquid EVM L1, make it Kinetiq.
Remember the early bull market days of Jito airdrop? I think Kinetiq is going to be that easy too.
You stake HYPE and get kHYPE back, then you can deposit kHYPE into Earn module to earn 3% APY which also farms other airdrops….
How easier can it get?
The points are already live so token is no brainer here.
The only problem is that they don’t have a referral. If they had it, I would shill it non stop.
Bonus: Unit
Actually not a bonus but a must!
Unit is offering bridging and wrapping of BTC, ETH, SOL and other assets to be trade on Hyperliquid.
Hyperliquid already became my default crypto-to-crypto exchange. I use CEXs for fiat withdrawals exclusively now.
And because of people like me, UNIT airdrop is going to be good. All you need is deposit assets and trade spot on HL.
How much easier can it get? (Probably just kHYPE is easier).
Final Tip
Not all points lead to a token.
But most teams are using points as the funnel to reward real usage.
That means consistent farming across multiple protocols is smarter than betting big on one.
I size positions small enough that I don’t care if rewards take months (or never) to materialize.
If even half of these pay off, it’s worth it.
And if not, I still get yield, presale access, or trading practice.
I love referral...interesting post
There’s too many. I also covered on in my last post. :)