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API docsLatest Perp DEX Airdrop Updates
The thing worth noticing across this week's updates is Robinhood appearing twice. Lighter is paying 2x points for trading through Robinhood Wallet versus 1x on its own app — a venue actively pushing users away from its own front end. And Arcus, built by the dYdX team, is launching with Robinhood attached. Robinhood Chain pulled +$187M in RWA inflows over the summer and app fees just hit $130M in a week. Perp DEXs have stopped trying to build distribution and started renting it.
Variational is the one closest to resolution. $VAR is in the docs at 50% to community, farming ends by Q3, and Polymarket puts the launch at roughly 60% by December. Extended went the other direction - $12.5M more from eToro and Jump, $19M total, which usually means the token is further out, not closer.
Four of the six here are activity-based with no confirmed token. Lighter's $11M in $LIT is the only pool with an actual number attached. Everything else is farming on the assumption that a token exists later, which is a bet, not a plan.
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points
The thing worth noticing across this week's updates is Robinhood appearing twice. Lighter is paying 2x points for trading through Robinhood Wallet versus 1x on its own app — a venue actively pushing users away from its own front end. And Arcus, built by the dYdX team, is launching with Robinhood attached. Robinhood Chain pulled +$187M in RWA inflows over the summer and app fees just hit $130M in a week. Perp DEXs have stopped trying to build distribution and started renting it.
Variational is the one closest to resolution. $VAR is in the docs at 50% to community, farming ends by Q3, and Polymarket puts the launch at roughly 60% by December. Extended went the other direction - $12.5M more from eToro and Jump, $19M total, which usually means the token is further out, not closer.
Four of the six here are activity-based with no confirmed token. Lighter's $11M in $LIT is the only pool with an actual number attached. Everything else is farming on the assumption that a token exists later, which is a bet, not a plan.
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points