Hyperliquid created hundreds of millionaires through its massive airdrop. Now, multiple Perp DEXes are gearing up for their own token launches.
Start earning points today β before TGE.
β All Perp DEXs listed here are NO KYC.
A Perp DEX from Ondo Finance, best known for tokenizing real-world assets. 25 of its 40 markets are US equities β rich in stocks, ETFs and commodities, with up to 25x leverage. Trades 24/7, including nights and weekends when US markets are closed.
Nearly 100 assets listed. US stocks (GAFAM, NVIDIA, Tesla, Coinbase, MicroStrategy...) available as perpetual futures alongside crypto, metals, oil, and forex.
ZK (zero-knowledge proof) technology for privacy and fast execution. Still limited in listed assets but gaining attention. Weekly maintenance on Wednesdays.
Solana-based Perp DEX. Trade crypto plus precious metals (gold, silver, copper). Unique listings include USD/JPY, natural gas futures, and uranium-related ETFs.
Solana-based Perp DEX featuring privacy coins like ZEC. Currently invite-only, limiting the number of early participants β which may benefit early adopters at airdrop time.
Formerly Ethereal, Meridian is a Perp DEX using USDe as collateral on Robinhood Chain. Trade BTC, ETH and SOL alongside equity index ETFs such as SPY and QQQ, plus gold and silver, around the clock. An MLP Vault also provides liquidity. USDT and USDC deposits automatically convert to USDe.
A rare Perp DEX that keeps airdropping after its TGE β Stage 5 and Stage 6 distributed roughly 2% of total supply post-launch. Rh points earned in the Rewards Hub still feed your future $ASTER allocation. Over 120 crypto markets plus US stocks, up to 1001x leverage on BTC/USD, and 0% maker fees.
TGE completed on 30 July 2026 β the GRVT token is live. 173 tradable markets, with up to 50x leverage on BTC and ETH. Earn yield just by holding collateral β no trading required. Precious metals (gold, silver, copper, platinum) also available.
StandX will not hold a TGE. It plans to distribute a one-time DUSD airdrop and gradually close its service.
Anyone can get started β no prior DeFi experience required.
You'll need USDT or USDC to deposit into Perp DEXes. Use these swap aggregators to convert your crypto.
Best-in-class swap aggregator for EVM chains. Use it to swap ETH or BNB into USDT/USDC before depositing into EVM-based Perp DEXes (GRVT, StandX, Extended, Hibachi).
Solana-based DEX aggregator. Use it to swap SOL to USDC before depositing into Solana Perp DEXes (Pacifica, N1.xyz).
Titan itself has not yet launched a token β airdrop potential exists for early users.
A Perp DEX (Perpetual DEX) is a decentralized exchange running on a blockchain that offers perpetual futures trading. Unlike centralized exchanges (CEXes), you retain custody of your assets in your own wallet while trading BTC, ETH, and other assets with leverage.
Some Perp DEXes also list TradFi assets like US stocks, precious metals, and oil as perpetual futures.
Hyperliquid is the most well-known example β its massive airdrop created hundreds of millionaires. Several Perp DEXes are now building toward their own TGEs.
Perp DEXes use dollar-pegged stablecoins (USDT or USDC) as collateral. Unlike BTC or ETH, stablecoins don't fluctuate in value, making them ideal as margin for perpetual futures positions.
You can start with a few hundred dollars. More collateral and higher trading volume generally means more points, so it's worth depositing an amount you're comfortable holding while you trade.
Airdrops typically happen at or around TGE (Token Generation Event). Points earned before TGE are converted to tokens. Some projects also continue distributing tokens over time after TGE. Check each project's official announcements for specific dates.