Airdrop Guide
Funnel Markets launched on Hyperliquid’s HyperEVM in November 2025 as a dedicated listing engine and decentralized exchange (DEX). The platform serves as an incubator for assets like memecoins and stablecoins, enabling them to build liquidity and trading volume before moving up to HyperCore listings. It features 0% slippage on cross-chain trades, such as moving assets from Solana to HyperEVM, and maintains a distinct fee structure where 100% of trading fees go straight to liquidity providers with zero protocol cut. While Funnel currently operates without a native token, the project runs an active FUN Points rewards program where 1 million new points are distributed every Monday.
How to Participate in the Funnel Airdrop
To establish a sustained presence on the platform and accumulate points, you can execute the following on-chain strategy:
- Set Up Your Profile: Visit the official Funnel Markets website and create an account by signing up with your email address or connecting a compatible crypto wallet.
- Track Your Progress: Navigate directly to the Points page to locate your personalized referral link and monitor your ongoing FUN Points balance.
- Fund Your Wallet: If you need base assets, purchase HYPE or other supported tokens on an exchange like Bybit and transfer them to your wallet.
- Perform Swaps: Go to the Swap section of the platform and exchange your HYPE for other supported ecosystem assets. Please verify the token approval amount; authorize only the specific amount required for the transaction.
- Provide Liquidity: Deposit your assets into the platform's support pools. This allows you to earn 100% of the generated trading fees while accumulating points. To optimize your strategy, target USDH pairs or the TOKABU/kHYPE pool to take advantage of their 2x points multipliers.
- Generate Trading Volume: Execute regular trades across the available assets. Focus your activity on Funnel-native pools, as trading volume here carries a higher weightage for point calculations than other actions.
- Bridge and Retain Assets: Transfer Funnel-migrated tokens over to HyperEVM and maintain those holdings over time to secure additional steady point accumulation.
- Expand Your Network: Share your referral link with other users. This builds a network that rewards you with a percentage of the protocol fees generated by their active trading.
Potential Reward
There is no confirmed token or airdrop mechanism.
Airdrop Requirements
Because there is no officially confirmed token airdrop, formal eligibility criteria do not exist. Instead, participation relies entirely on interacting with the ongoing FUN Points campaign on the Hyperliquid network. Points are allocated based on specific ecosystem contributions, which include providing pool liquidity, generating native trading volume, bridging and holding migrated assets on HyperEVM, and successfully inviting new users through the platform's referral system.
Latest Funnel Airdrop Updates
Funnel currently runs an active FUN Points campaign distributing 1 million points every Monday, though the project status is marked as ended and a token airdrop remains unconfirmed.
Risk
The primary risks associated with Funnel involve smart contract vulnerabilities inherent to interacting with a relatively new DEX and listing engine on HyperEVM. Providing liquidity exposes users to potential impermanent loss, particularly when dealing with highly volatile assets like memecoins. Additionally, there is structural asset risk when holding or bridging cross-chain assets, alongside the regulatory and promotional uncertainty of participating in a points campaign that has no guaranteed future token conversion or financial utility.
FAQ
When will FUN Points be distributed?
Funnel automatically credits 1 million new FUN Points every Monday. The distribution is calculated based on each participant's trading volume, liquidity provision, bridged assets, and referral network activity from the preceding week.
What can I do with FUN Points?
There is currently no official utility announced for FUN Points. The platform utilizes this system to measure and recognize ecosystem contributions, meaning any future potential for token conversions or rewards remains unconfirmed.
How does the referral system work?
Funnel features a three-tier referral program that rewards you with a portion of the trading fees generated by your network rather than drawing from their capital. You earn a 10% commission from direct referrals (tier 1), 2% from tier 2 referrals, and 1% from tier 3 referrals.
[Data sources: official website / project social links]