Task Description
Project X Airdrop has gone live, distributing one million points every 24 hours to users who trade, provide liquidity, and refer others. Built on Hyperliquid’s HyperEVM ecosystem, the DEX positions itself as community-driven and free of venture capital backing. Security audits by PeckShield and 0xQuit have been completed, while Privy wallet integration aims to streamline user onboarding.
Project X Airdrop System Explained
The Project X Airdrop operates through a daily points distribution. Exactly one million points are shared among users every 24 hours, with allocation determined by activity such as trading and liquidity provision. The system also integrates a referral structure, allowing participants to earn 10% of their referrals’ points.
During the initial phase, an added incentive applies to the top 100 daily point earners, who receive multipliers on their rewards. While no official token distribution date has been announced, the point system indicates preparation for a potential future allocation. The project roadmap confirms that after the current AMM phase, development will expand toward full EVM aggregation.
How to Join the Project X Airdrop
Joining the Project X Airdrop requires several steps across Hyperliquid and HyperEVM:
1. Buy USDC and Swap for HYPE: Acquire USDC and use it on Hyperliquid platform to purchase HYPE tokens.
2. Connect Your Wallet: Visit the Project X website and link your wallet through the Privy integration.
3. Make Swaps: Open the Swap tab, enter the amount you want to exchange, and complete transactions to generate points.
4.Provide Liquidity: Add a liquidity pool (for example HYPE and kHYPE). Choose a price range for your position—your funds stay active as long as the token trades within it. Returns depend on pool volume, your share of deposits, and APR. Stable ranges offer safer but smaller rewards, while higher-volatility pairs can earn more points and fees.
5. Use Referrals: Create your referral link to invite others.
The distribution algorithm measures user activity across trading volume, liquidity contributions, and frequency of engagement. Points are credited throughout the day and remain in accounts once earned. However, the competitive design favors participants who maintain daily involvement. To reduce manipulation, the system includes anti-abuse measures aimed at preventing wash trading and self-referrals.
FAQs on Project X Airdrop
When will tokens be distributed?
No date has been announced. The point system suggests preparation for a future token, but participants must await official confirmation.
What is the minimum amount to participate?
There is no official minimum, but HYPE tokens are required for transactions and platform use.
How often are points distributed?
One million points are allocated every 24 hours to all active participants.
Is participation globally available?
Yes, though users must comply with local regulations on decentralized finance.
