⚠︎ Risk warning: leveraged derivatives on unregulated platforms — you can lose everything you deposit. Not investment advice.
Perp DEX points & airdrop tracker
9 venues, 4 with a points programme their documentation currently describes as running. Every cell below restates something read in the venue's own docs on the date in the last column — nothing is inferred from a leaderboard, a tweet or a third-party tracker. Where the docs do not say what points become, the table says so, because that absence is the single most important fact about most of these programmes.
Two things you will not find here, by design: an estimated dollar value per point, and an allocation figure a venue has not published. Both are the numbers other trackers lead with, and both are guesses.
| Trade | |||||||
|---|---|---|---|---|---|---|---|
| Aster | Active | Aster Convergence: Stage 6 | Calculated weekly; five point categories × team boost, plus two-level referral points; weightings undisclosed | Docs: points "accumulate toward your $ASTER airdrop share at the conclusion of Stage 6". Conversion ratio, Stage 6’s share and the end date are not published. Published allocation: 53.5% of $ASTER supply (4.28B) sits in the tokenomics "Airdrop" category, released over ~80 months; how much of it Stage 6 receives is not stated | $ASTER · live (TGE claim window 17 Sep – 17 Oct 2025) | verified · Aster docs · Stage 6 | Open Aster |
| Extended | Active | Points program (continuous; no seasons) | Weekly, capped at 600,000 points per distribution; 67,225,227 distributed in total as of 8 Sep 2026 (docs) | Docs: points "do not currently represent a token … and do not create a present entitlement to receive tokens"; they "may be taken into account in connection with a future token distribution". | None documented | verified · Extended docs · Points program | Open Extended |
| Pacifica | Active | Points program | 10,000,000 points/week; snapshots Thursdays 00:00 UTC; organic trading only, self-trading and sybil activity excluded | No conversion or token-launch statement in the docs fetched. | None documented | verified · Pacifica docs · Points program | Open Pacifica |
| Paradex | Active | XP Season 3 | 4,000,000 XP/week, distributed every Wednesday; 1 Feb 2026 – TBD | No XP-to-token conversion statement in the docs. Pre Season + Season 1 distributed ~100M XP, Season 2 ~236M XP. | $DIME · live (fees payable in DIME at a flat 40% discount; fee-revenue buybacks) | verified · Paradex docs · XP | Open Paradex |
| Hyperliquid | Ended | Points (Season 1, then the L1 phase) | 1,000,000 points/week Nov 2023 – May 2024; 700,000/week May – Nov 2024 | Programme ended in November 2024 per the docs; no current season and no conversion statement is documented. HYPE is live and bought back from protocol fees. | HYPE · live | verified · Hyperliquid docs · Points | Open Hyperliquid |
| dYdX | None documented | No points programme; per-trade DYDX trading rewards exist in the protocol | — | Docs: the trading-rewards "C factor has been set to 0" and "since the C factor has been reduced to 0, traders now get rebates directly". No points or season programme is documented. | DYDX · live | verified · dYdX docs · Rewards | Open dYdX |
| edgeX | None documented | No current programme in the docs; a historical "Pre TGE Season" appears only as an allocation label | — | No points programme is described in the documentation read (50 pages). The EDGE token page allocates 5% of supply to a "Pre TGE Season" and 25% to a genesis distribution; the tokenomics page records that EDGE was airdropped to eligible users and is bought back and burned from revenue. Published allocation: 30% of EDGE supply to "Early Users" (25% genesis distribution + 5% Pre TGE Season), per the token page edgeX’s named docs host did not resolve on the verification date; the GitBook the site has always used for edgeX (linked from edgeX’s own official-links page) was read instead. The app advertised a “TradFi Trading Season” fee-rebate promotion and a “Trade to EARN” page on 2026-09-09; neither is a points programme described in the docs. | EDGE · live | verified · edgeX docs · EDGE | Open edgeX |
| GMX | None documented | No points programme; earning routes are LP pools, referrals and GMX staking | — | Docs: "GMX staking rewards are suspended. Bought-back GMX accumulates in the Treasury and will be distributed to stakers when GMX reaches $90." No points or airdrop programme is documented. | GMX · live (staking distribution suspended) | verified · GMX docs · GMX token | Open GMX |
| Lighter | Unverified | Points Season 2 | Retail track: 200,000 points/week, distributed Fridays for Wednesday – Tuesday activity | The docs do not state what points redeem for, and no points-to-LIT conversion is documented. LIT is live and bought back from fee revenue. The market-makers page says "Points Season 2 ended on December 26th 2025"; the retail page and the overview still describe weekly Season 2 distribution and have not been updated with an end date. The docs do not say whether the retail track continues, so the status stays unverified until they do. | LIT · live | verified · Lighter docs · Points program | Open Lighter |
Rows are dated individually. A scheduled check flags any row whose verification is older than 45 days, and the page-level stamp at the bottom carries the oldest row's date, not the newest. Sort by any column; the default order is status, then name.
How to read the status column
- Active — the venue's docs describe a season or stage as currently distributing points, with a stated cadence.
- Ended — the docs record the programme as concluded, and no current season is documented. Hyperliquid is the reference case: its points became the HYPE airdrop in November 2024, and nothing official has replaced them since.
- None documented — we read the venue's docs in full on the verification date and found no points programme. That is a statement about the documentation we fetched, not proof one does not exist somewhere else; the source link shows what was read.
- Unverified — a programme is referenced but the docs we could reach do not describe it well enough to state cadence or status. We would rather show that gap than fill it.
What "what points become" means
This column quotes or closely paraphrases the venue's own statement, and only that. A programme with a documented airdrop commitment reads differently from one whose docs say points "do not currently represent a token", which reads differently again from one that says nothing. Those three are routinely flattened into "airdrop farming" elsewhere; here they stay separate, because the difference is the whole risk.
Points programmes also change without notice. Several venues reserve the right to adjust distributions at their discretion, and a season's pool, cadence or categories have changed between stages before. Treat every row as a snapshot of the documentation on its date, and check the source link before acting on it.
Per-venue detail
The deep pages carry the full mechanics and the reasoning behind each status: Hyperliquid, Aster and Lighter. For the venues without a dedicated points page, the comparison pages hold the verified detail — Paradex, Extended, Pacifica and edgeX. The earning comparison puts points beside the other income routes on each venue.
FAQ
Which perp DEX points programmes are still running?
The rows marked Active. Each one links to the documentation page that describes the current season, with the date we read it. The count at the top of the page is computed from the same data, so it moves when a row does.
Do points guarantee an airdrop?
Only where the venue's docs say so, and even then the conversion ratio and total allocation are usually unpublished. Where the docs are silent or explicitly say points are not a token entitlement, the table repeats that wording. Trading to accumulate points costs real fees and carries real risk for an outcome the venue has not committed to.
Why is there no value-per-point estimate?
Because every input to one — the allocation, the conversion ratio, the token's launch valuation — is either unpublished or a market guess. Publishing a number built on three guesses would be a precise-looking way of saying we do not know.