Perpl Monad
Airdrop (Retrodrop)

Perpl rewards trading through two tracks running at the same time, so every position you open counts twice. Snapshots for both systems are taken every Wednesday, and points land in your account the following Monday.

Season 1 Perpl Points (speculative track)

50,000 Perpl Points are distributed weekly among active traders. There is no confirmed $PERPL token yet, but considering precedents set by Hyperliquid, Lighter, Aster, and other perp DEXs, the CoinLaunch team assumes these points will be the main criterion for a future airdrop allocation.

Purple Summer mPoints (confirmed track)

Another 50,000 mPoints are distributed weekly over 16 weeks, for a total of 1,000,000 mPoints. Unlike Season 1, this track has a fixed and already funded reward: a fully unlocked $1,000,000 $MON pool, split at the end of the campaign (around late October 2026) in proportion to each user's share of total mPoints.

At the full 1M mPoints cap, that works out to roughly $1 per mPoint — but the real figure depends on how many mPoints the whole userbase ends up accumulating, so treat it as a ceiling rather than a guarantee.

❗Important: The team hasn't published the exact points formula for either track. What's known is that trading volume, open interest (OI), and other factors are weighted, and that wash trading is penalized. Assume volume and average OI are the two dominant inputs, and that spamming self-matched fills will cost you more than it earns.

Retroactive drop for early traders

Users who traded on the Perpl testnet and private mainnet (roughly November 12, 2025 – June 10, 2026) are eligible for a planned retroactive points drop. Nothing extra is required from them - the activity is already recorded on-chain.

On top of that, Origin Badge holders receive a boost on that retro allocation. These are soulbound NFTs that were earned by hitting volume thresholds during the private mainnet, with a cutoff around early June 2026. The window is closed, so this one can no longer be farmed — but if you traded during the beta, check whether a badge is sitting in your wallet before you write off the account.

Active trading farm

The main way to earn on both tracks is simply trading perps on Perpl. You can do it aggressively to chase weekly snapshots, or less aggressively by making Perpl your default perp venue and building natural volume there.

Since snapshots are weekly, timing matters: positions held through Wednesday count toward that week's OI component, whereas volume churned and closed the same day only feeds the volume component. Trading with limit orders and keeping meaningful size open across the snapshot is the more efficient approach, and it also keeps you clear of the wash trading penalty.

Passive (delta-neutral) farm

If you'd rather not take directional risk, hedge your Perpl positions on another perp DEX — Extended, Variational, Nado, Hyperliquid, etc. This keeps your net exposure near zero while still building volume and OI on Perpl, and often earns points on the hedge venue as well.

To push liquidations further away, open opposite-direction positions on two correlated assets (for example, long BTC and short ETH on Perpl), then mirror them inversely on the hedge exchange. Picking the right pair also lets you collect funding rate spreads on top. Just check both margin balances regularly - correlation isn't perfect, and a liquidation on either leg wipes out the week.

Referral program

Perpl referrals give a permanent +5% boost in both directions - you and your invitee each earn 5% more points for as long as the campaign runs. Since it applies to both tracks and never expires, sharing your link is the cheapest available multiplier.

Good Luck! 🍀