Defx is a decentralized exchange and L1. It’s perpetual futures offers up to 25x leverage in the regular markets, and up to 1000x in Degen mode. The L1 is built on Tendermint’s consensus and is EVM compatible. They deliver a centralized exchange experience without the counterparty risk or any usability trade offs.

Aside from Arbitrum, they will launch their contracts on Solana, TON, Base, ETH, and many other EVM-compatible chains in Q4.

Their release roadmap has yield opportunities through LP provisioning, multi collateral support, just-in-time funding, spot and perps, as well as deep integrations with wallets and onramps.

Defx is running an airdrop points campaign for its users. Complete the actions below to participate in the airdrop and earn free airdrop points.

Step-by-Step Guide:

1. Visit the Defx website.
2. Connect your wallet and switch the network to Arbitrum.
3. Deposit USDC on Arbitrum and place a few trades to start earning points.
4. Points are dropped every week.
5. Go to the referral page and create a custom referral link.
6. Go ahead and invite your network, as you will receive up to 45% of your referral’s fees.
7. The team has confirmed that the points will result in a retroactive airdrop, rewarding users based on volume and how early you start trading.
8. Follow their Twitter and Discord for further updates on their airdrop and other updates.

• Airdrop Link: Start Earning

• Total value: n/a

• Platform: arbitrum, solana

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