If you missed the Lighter airdrop, don’t fade the perp narrative - you’re still early.
In this thread, I’m sharing the perps protocols I’m actively farming in 2026, backed by real metrics, usage, and conviction.
Long thread, but most alpha. bookmark it.
These are my picks:
1. Variational - @variational_io
• Backed by Coinbase • $11.8m raised • 0 trading fees • Loss refunds • ~50% of supply to community • ≥30% revenue used to buy & burn $VAR • each points worth around $20 - $40
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BEST AIRDROPS TO FARM IN 2026 🪂
If you missed the Lighter airdrop, don’t fade the perp narrative - you’re still early.
In this thread, I’m sharing the perps protocols I’m actively farming in 2026, backed by real metrics, usage, and conviction.
Long thread, but most alpha. bookmark it.
These are my picks:
1. Variational - @variational_io
• Backed by Coinbase
• $11.8m raised
• 0 trading fees
• Loss refunds
• ~50% of supply to community
• ≥30% revenue used to buy & burn $VAR
• each points worth around $20 - $40
Metrics:
• TVL: $82M
• 24 hour volume: $1.46B
• Perps Volume: $105B
• OI: $682M
Join here:
Code: OMNIRYUZAKI ( for boost in points )
------
2. Extended - @extendedapp
• Top-tier team
• $6.5m raised
• Still heavily underfarmed
• Low execution & farming costs
• Strong organic growth
• each points worth - $2
Metrics:
• TVL: $133M+ (new ATH daily)
• Fees: $41M annualized
• 24 hour volume: $1.96B
• Perps Volume: $104B
• OI: $204M
Join here (+10% points):
------
3. Nado - @nadoHQ
• Perps DEX backed by Kraken
• Closed beta (invite-only = early edge)
• points are coming soon
• 2 airdrops in 1: Nado + INK (Kraken L2)
Early metrics (6 weeks live):
• TVL: $32M+
• Volume: $12.6B
• Fees: $3.16M
strong growth in metrics
Join here:
------
4. Paradex - @paradex
• Strong team, very community-driven
• 20% allocation officially confirmed
• Season2 Ends in Jan2026
Metrics:
• TVL: $149M
• Perps Volume: $185B
• Open Interest: $1.123b
Join here:
------
these are the perp i am focused on currently, i made $70k farming lighter & $120k in hyperliquid so i think these can pull similar result
each week i am sharing my stragety & how to earn points more efficiently so you can check out my other posts too
keep farming perps 🤝