Arbitrum DeFi Airdrops

Word Markets is a perpetuals decentralized exchange on MegaETH, the high-throughput EVM-compatible Layer 2. The exchange combines perps, spot trading, and a lending market under one cross-margin account, so every deposited asset can back any open position. The platform uses USDM, MegaETH’s native stablecoin, as its primary quote asset. Deposit any spot-listed token and it immediately counts as collateral, which lowers liquidation prices across your full portfolio. Word Markets also supports 1-click trading, so you don’t need to sign every order through a wallet popup.

Robin Markets is a DeFi protocol on Polygon that lets users stake their Polymarket YES/NO position tokens to earn yield while keeping full market exposure. Polymarket positions usually sit idle until a market resolves. Robin Markets uses delta-neutral pairing and lending strategies to put that collateral to work. Stakes can be withdrawn at any time, and the protocol guarantees a minimum APY through automated top-up payments. Robin Markets raised $475,000 in an angel round in April 2026, led by Fabric VC with joint leads from Animoca Brands and ATKA Incubator. Other participants included John Lilic, Gnosis co-founder Stefan D. George, Hilbert Capital, LayerZero, and Gnosis itself.

Ave Forge is a competitive mech arena game on MegaETH. Players pilot customizable combat machines into PvE battles, tournaments, and seasonal leaderboards to earn modules, equipment, and ETH rewards. Battle drops are tradable on an in-game marketplace, and a Pilot License unlocks full Arena access. The game runs on MegaETH, a high-throughput Ethereum L2 built for real-time on-chain applications. Matches, item drops, and progression milestones settle on-chain. Rewards are tied to mech level and arena performance, which means consistent play moves the needle more than long idle holds.

Tulpea is a decentralized banking protocol on MegaETH that combines DeFi, traditional finance, and real-world assets in one onchain framework. Its first live product is a structured real estate credit vault that issues debt against tokenized properties, with rental cashflows funding the yield paid to depositors. The protocol is built around three components: a Liquidity Flow Circuit that routes capital across products, Programmable Economic Zones (PEZ) that enforce predefined rules per product, and a framework designed to serve both retail and institutional users. Tulpea is the first structured real estate credit protocol on MegaETH, and its inaugural deal — Genesis Villa in Bali — has already been onboarded onchain.

Monster is an on-chain trading card platform where users can open packs to get real, professionally graded physical collectibles that are stored in a safe, insured vault. Every pack you open is logged on the blockchain, the odds are shown before you spend anything, and the cards you pull are added to your vault right away. There are three levels of packs: Starter, Monster, and Ultra. Each one has a different price and level of rarity. Users pay with USDC, ETH, or USDm, pull a card, and then have the choice of having the physical slab sent to their door or selling it back for 85% of its fair market value. They don’t have to decide right away. Monster was one of the first projects to launch on MegaETH Terminal in late April 2026. It uses MegaETH’s real-time throughput to show onchain packs right away.

Paragon is a market infrastructure protocol built on Hyperliquid that turns widely tracked crypto indices into tradable perpetual futures. The three available markets are $BTC.D (Bitcoin dominance), $TOTAL2 (total crypto market cap excluding BTC), and $OTHERS (total market cap excluding the top 10). Rather than managing a basket of positions to express a macro view, traders can take a single on-chain position against benchmarks they already chart. Markets are deployed via Hyperliquid’s HIP-3 standard. Trades settle in USDC with cross-margin support and up to 50x leverage. The protocol went live in early April 2026 and cleared over $8.88M in volume across 263 wallets in its first few days. Syncracy Capital led an undisclosed seed round, closed the same month. Paragon works across several frontends beyond the main Hyperliquid app — including Tread.fi, Pear Protocol, and Based. A live stats dashboard at stats.paragon.trade tracks volume, unique users, and per-market leaderboards in real t

Liquidiction is a frontend aggregator for Hyperliquid’s HIP-4 prediction markets. It pulls together binary prediction markets, where users trade on price outcomes and other events, into one interface with live odds, real-time order books, leaderboards, and activity tracking across all active markets. The platform runs on Hyperliquid, a high-performance L1 built for on-chain trading. HIP-4 is Hyperliquid’s native prediction market standard; Liquidiction is the main frontend for discovering and trading those markets. No external funding has been publicly disclosed.

Sushi is a decentralised exchange that works on many chains and lets you swap tokens, provide liquidity, trade perpetuals, and farm yields. It started in August 2020 and has since grown into one of DeFi’s longest-running protocols, working on dozens of chains and processing billions of dollars in total volume. Sushi’s perpetuals platform lets traders take leveraged positions on major assets in addition to spot trading. As of April 2026, perps activity now earns points. The protocol has raised $3.3 million from investors like DeFiance Capital, Blockchain Capital, and Astronaut Capital. This makes it more likely that it will last in a crowded DEX market. The current perps program runs on Arbitrum, which gives traders a fast, cheap place to trade with leverage and earn points at the same time.

Rip Strategies is a tokenized vault protocol based on Hyperliquid (HyperEVM) that lets users have liquid fractional exposure to managed NFT treasury strategies. The Hypurr Vault, its main product, holds a collection of 30 Hypurr NFTs, which are part of the Hyperliquid ecosystem. It also issues $rHYPURR shares that represent a share of the underlying assets. A group of OG Hyperliquid traders and EVM developers have developed the protocol. Some of them had worked on Fantom before. There have been no public announcements of outside funding rounds, so this is a community-driven project. According to DefiLlama, the vault is live on the mainnet and has about $460,000 in TVL. $rHYPURR is also actively trading on Hyperliquid DEXes. Accessibility is the main benefit of using Rip Strategies. Instead of buying whole Hypurr NFTs, users can mint $rHYPURR vault shares, which give them access to the value of the NFT basket and any airdrops those NFTs get. They can also mint, redeem, or trade them at

Carbon is a decentralized exchange (DEX) that runs on Arbitrum and lets you trade more than 550 pairs, including crypto, stocks, forex, indices, and commodities, with up to 75x leverage and no fees. It works on an intent-based model, sending trades to deep liquidity sources like Binance and Bybit while letting users keep full control of their funds. Execution quality is the platform’s main strength. Carbon’s solver architecture combines liquidity from both centralized and decentralized venues to reduce slippage and fees, instead of just using on-chain order books.

Fireplace is a professional trading terminal for prediction markets, offering a unified interface for trading event outcomes across categories like politics, sports, entertainment, and crypto. Built on top of platforms like Polymarket, it aggregates fragmented prediction market venues into a single dashboard with institutional-grade tools including cross-venue order routing, real-time data feeds, and advanced charting. The platform went live on January 27, 2026, and currently supports markets across Polygon, Arbitrum, Base, Optimism, BNB Chain, and Ethereum mainnet. Fireplace raised $1.5M in a pre-seed round led by Frachtis, with participation from White Star Capital and Syndicate via the Legion and Echo syndicates.

Otomate (formerly CopInk) is an AI-powered on-chain automation protocol for perpetual futures trading on the Ink Chain. The platform enables users to create and deploy automated trading strategies on Nado, a perpetual DEX, without requiring constant monitoring or technical expertise. Core use cases include volume generation, delta-neutral strategies, and copy-trading top performers through verifiable on-chain execution. The protocol’s key differentiator is its non-custodial architecture with built-in risk management features. Users retain full control of their funds while automated bots execute strategies with hard risk limits including leverage caps, position size restrictions, and kill switches. This approach makes advanced trading strategies accessible to users who lack the time or expertise for manual perpetual trading. Otomate operates on Ink Chain and integrates directly with Nado’s perpetual markets. The platform is currently live on mainnet with an active points program, though

On-chain analytics and AI intelligence for tracking smart money across blockchains

Modular DEX protocol on Hyperliquid with custom liquidity pools and liquid staking

Decentralized perpetuals exchange on StarkNet with 30+ markets, up to 50x leverage, and hybrid CLOB execution

Automated yield optimization across 50+ DeFi protocols with non-custodial vaults

Decentralized perpetuals exchange with low costs, high privacy, and deep liquidity across multiple chains

On-chain perpetuals exchange with CEX speed and decentralized security