Compare venues

Side-by-side comparison of perp DEX airdrop venues.

Venue AVenue B

Ink (Kraken L2) · Season 2

Spot + perp CLOB on Kraken's Ink L2, Season 2 open to everyone

Program is 85% through its window, though seasons reset emissions — expect to be behind existing holders until the next one opens.

Farm Nado

Hyperliquid

Hyperliquid L1 · HIP-3 & Ecosystem

Tier S flagship: deepest on-chain liquidity, $0 maker fees and active HIP-3 builder ecosystem

Best risk-adjusted farm right now: a large pool, an early entry point, and not much volume competing yet.

Farm Hyperliquid

Farm score

$418.6M

Volume 24h

$6.84B

$76.2M

Open interest

$13.30B

+2.9%

OI Δ7d

+13.6%

5.5x

Turnover

0.5x

0%/0.03%

M / T

0%/0.025%

85%

Program window

Open

$30.0M

Reward pool est.

$4.65B

$60

Fee / $100k RT

$50

15%

Allocation

31%

Higher farm score right now: Hyperliquid (99/100). Volume is highlighted for the less crowded book — lower competing volume usually means more of the pool per dollar you trade.

FAQ

Compare questions

Which column matters most?+

Farm score already packs the trade-offs into one number. Use the row-by-row view when two scores are close and you want to see whether the edge is reward density, a quieter book, cheaper fees or an earlier program window.

Why is lower volume highlighted as better?+

Because you compete with that volume for a fixed reward pool. A quieter venue with a similar pool usually pays more per dollar of your volume — unless the quietness means the token will never launch, which is why credibility still carries weight in the score.