Tier S flagship: deepest on-chain liquidity, $0 maker fees and active HIP-3 builder ecosystem.
- Volume 24h
- $6.84B
- Open interest
- $13.30B
- Reward pool est.
- $4.65B
- Farm score
- 99/100
Every farmable perp DEX, ranked by expected reward per dollar of volume.
Tier S flagship: deepest on-chain liquidity, $0 maker fees and active HIP-3 builder ecosystem.
Tier S perpetuals venue backed by Polymarket with $0 maker fees and high liquidity.
| Venue | Airdrop | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| S | Points live HIP-3 & Ecosystem · 31% supply | $6.84B | -57.9% | $13.30B | +13.6% | 0%/0.025% | Open | 99 | |
| S | Points live Perps Program · 15% supply | $101.9M | +1.1% | n/a | — | 0%/0.02% | 0% | 98 | |
| S | Points live Season 1 · 15% supply | n/a | ·····— | n/a | — | 0%/0.03% | 0% | 97.5 | |
| S | Points live Rewards + retroactive expectations · 10% supply | $101.9M | +1.1% | $351.0M | +0.2% | 0%/0% | 0% | 97 | |
| S | Pre-points Pre-points (RWA perps) · 10% supply | $339.4M | -52.8% | $3.72B | -13.1% | 0.01%/0.04% | Open | 66 | |
| S | Points live GT Points · 20% supply | $397.6M | -57.5% | $141.8M | +143.9% | 0.01%/0.04% | 40% | 66 | |
| S | Points live Ondo Points · 8% supply | $180.4M | -13.8% | $99.8M | +4.4% | 0.01%/0.04% | 32% | 59 | |
| A | Points live Robinhood Points era · 25% supply | $1.57B | -44.4% | $1.03B | +20.0% | 0%/0.02% | Open | 88 | |
| A | Points live Season 1 · 8% supply | $258.3M | -43.3% | $312.1M | +17.0% | 0%/0.03% | 21% | 59 | |
| A | Points live Points · 10% supply | $87.1M | -85.6% | $194.3M | +125.6% | 0.01%/0.04% | 26% | 59 | |
| A | Points live Points · 10% supply | $70.8M | -50.8% | $11.1M | -31.7% | 0%/0.03% | 21% | 59 | |
| A | Points live Points · 10% supply | $800K | -93.3% | $3.6M | -2.0% | 0%/0.02% | 32% | 59 | |
| A | Points live Points Program · 15% supply | $339.5M | -50.7% | $110.2M | +0.5% | 0.01%/0.05% | 65% | 54 | |
| A | Points live Mainnet Campaign · 12% supply | $472.1M | +27.0% | $73.9M | +0.9% | 0.01%/0.04% | 54% | 54 | |
| A | Points live Points Program · 12% supply | $298.7M | -11.9% | $171.1M | -8.2% | 0.01%/0.04% | 88% | 51 | |
| A | Points live Derive Points · 20% supply | $29.6M | -56.5% | $174.4M | +61.2% | 0.01%/0.03% | 100% | 51 | |
| B | Points live Playoffs (weekly) · 20% supply | $18.9M | -24.9% | $1.6M | -40.1% | 0%/0.03% | 40% | 51 | |
| B | Points live Season 1 · 10% supply | $4.7Mest. | -57.3% | n/a | — | 0.01%/0.04% | 26% | 51 | |
| B | Points live Weekly points → Ethena Points · 5% supply | $8.3M | — | $5.4M | -7.7% | 0.01%/0.04% | 97% | 51 | |
| B | Points live Meridian Points · 15% supply | $199K | -48.3% | $3.5M | -38.1% | 0%/0.03% | 100% | 51 | |
| B | Pre-points Pre-points (retroactive) · 12% supply | $4.4M | -25.3% | $1.5M | -25.5% | 0%/0.02% | Open | 51 | |
| B | Points live Invite-only points · 10% supply | $3.6M | -58.6% | $1.0M | — | 0%/0.03% | 37% | 51 | |
| B | TGE confirmed kPoints Season 2 · 24% supply | $6.1Mest. | -36.8% | $3.6M | -16.2% | 0.01%/0.04% | 89% | 51 | |
| B | Points live Points · 10% supply | $431K | -31.4% | n/a | — | 0%/0% | 39% | 51 | |
| B | Points live Myriad Points · 10% supply | $17K | -17.0% | n/a | — | 0%/0% | 54% | 51 | |
| B | Points live Season 1 · 12% supply | $36.8M | -31.8% | $4.4M | +2.2% | 0%/0.03% | 15% | 48 | |
| B | Points live Points · 10% supply | $2.3Mest. | -56.3% | $167.0M | +80.2% | 0.01%/0.05% | 60% | 47 | |
| B | Points live SoPoints · 12% supply | $65.4M | -49.9% | $41.6M | +0.7% | 0.01%/0.04% | 43% | 46 | |
| B | Points live Points Season One · 15% supply | $82.2M | +37.6% | $5.0M | -44.3% | 0.01%/0.04% | 14% | 45 | |
| C | Points live Omni Points · 50% supply | $865.7M | -50.0% | $1.44B | -4.1% | 0%/0.05% | 87% | 51 | |
| C | TGE confirmed Season 2 · 15% supply | $418.6M | -45.5% | $76.2M | +2.9% | 0%/0.03% | 85% | 51 | |
| C | Points live Reya Chain Points · 45% supply | $85.7M | +20.3% | $15.4M | +24.7% | 0%/0.03% | 100% | 51 | |
| C | Pre-points Pre-points (retroactive) · 20% supply | $75.5M | -36.2% | $22.5M | +23.5% | 0%/0.03% | Open | 51 | |
| C | Points live Points · 10% supply | $10.0M | -95.9% | $87.8M | +12.9% | 0%/0.03% | 100% | 51 | |
| C | Pre-points Pre-points · 10% supply | $3.8M | +3.0% | $12.5M | +32.0% | 0.01%/0.04% | Open | 51 | |
| C | Pre-points Pre-points · 10% supply | $44.4M | -32.4% | $21.9M | -14.7% | 0%/0.02% | Open | 51 | |
| C | Points live Points · 10% supply | $144.3M | -23.6% | n/a | — | 0.01%/0.04% | 32% | 50 | |
| D | Points live Trading rewards · 10% supply | $190.8M | +513.5% | $52.9M | +40.6% | 0.01%/0.06% | 99% | 48 | |
| D | Points live Season 1 · 10% supply | n/a | -100.0% | n/a | — | 0.01%/0.04% | 18% | 43 | |
| D | Pre-points Pre-points · 10% supply | n/a | ·····— | n/a | — | 0%/0% | Open | 43 | |
| D | Pre-points Pre-points · 10% supply | n/a | ·····— | n/a | — | 0%/0% | Open | 43 |
Estimated pool per dollar of daily volume, blended with the absolute size of that pool. A great ratio on a tiny pool still pays little.
How much of the program is still ahead of you. A season that ends in six weeks has already allocated most of its points.
Whether the venue has committed to a token, an allocation and a date — or whether the drop exists only in third-party trackers.
Size, maturity and turnover. Huge venues and 8x turnover mean the same pool is split many more ways.
Taker cost of $100k round trip, plus 7-day open-interest trend: is capital arriving and staying, or leaving as incentives dip?
Early programs with the largest pool per dollar of volume. Farm these first.
Strong programs with credible commitments and room left to farm.
Tier S decentralized perpetuals platform with sub-second execution and zero maker fees.
Solid but either crowded, late, or vaguer about allocation.
Speculative or well past the halfway point of the program.
Nothing committed, thin numbers, or a program that is nearly over.
Token launched or no program at all. Kept as precedent and liquidity reference.