10 Tokenless protocols for drops

Create your luck with this.

The crypto world never sleeps, and neither do we! Let's dive into the 39th edition of the Gems Corner, bringing you the 10 top tokenless protocols on my radar.

What the wise man does in the beginning, the fool does in the end. - Howard Marks

Firstly, congratulations to those who got the $JTO airdrop yesterday. Called it in my earlier post here, and if you missed it, I still got you. There are still a couple of other tokenless projects on both Solana and other chains using the pointing system as a yardstick for airdrop that I will highlight shortly.

Always remember, that Crypto rewards active participation. People made at least $5k yesterday from thin air from staking on JITO and accumulating points, you too can. Without further ado, let’s get right into it.

1. MarginFi

They are easily the leading lending platform on Solana with about $213.91m in TVL. You can accumulate airdrop points by staking, borrowing, and referring users to the platform.

Use MarginFi here - link

2. Kamino

Kamino is one of the fast-emerging lending platforms on Solana. They recently announced that ‘Points are Coming”, plus their $JTO vault was filled in a couple of hours. For now, you can lend on JitoSOL-SOL, mSOL-SOL, and bSOL-SOL pools for exposure and points.

Use Kamino here - link

3. Drift

Drift is arguably the number one perp dex on Solana. They are still tokenless, and you can get a potential drop by either trading via their dex or adding liquidity to any of their vaults.

Use Drift here - link

4. Parcl

Parcl, a platform to speculate on real estate prices on Solana recently announced that their “Points are Coming Soon”. They are a leading tokenless protocol on Solana. You could either trade or add liquidity to accumulate points.

Use Parcl here - link

5. Hyperliquid

Going away from Solana, we have HyperLiquid on Arbitrum. They are the seventh largest Perp Dex in DeFi, with about $40.23 in TVL with no token. They are fast-emerging, and have a points system ongoing. You could either trade or use their vault to accumulate points for airdrop.

Use HyperLiquid here - link

6. Swell

Swell is a leading LST platform on Ethereum. I’m anticipating Swell’s airdrop to be as loud as that of Jito as LSD projects historically have large airdrops. You could stake your ETH on Swell to accumulate pearl points, and pretty soon, you can restake your swETH on Eigenlayer to gain exposure there as well.

Use Swell here - link

7. Ether

Ether is yet another promising Liquid Staking protocol on Ethereum. You can stake your ETH here to accumulate both their native points and Eigenlayer points - a double-edged strategy.

User Ether here - link

8. Aevo

Aevo is the leading options protocol in DeFi. Yet, they are still without a token. Get on Aevo and start trading to generate volume. I think the drop might be like that of GMX.

Use Aevo here - link

9. Meteora

Going back to Solana, Meteora is another promising gem to keep an eye on. They’re a yield layer on Solana with a couple of vaults. You can deposit in any of their vaults for exposure.

Use Meteora here - link

10. Zeta Markets

Backed by Solana, Jump Capital, and Electric Capital, Zeta Markets raised $8.5M in funding rounds. They’re one of the leading perp dexes on Solana. You could make deposits and trades to accumulate points.

Use Zeta Markets here - link

These are the top ones, but you see more tokenless protocols on Solana here. Happy farm, and be sure to proceed with caution. I have positions on 90% of the listed platforms, and most of the links are my ref links.

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Alpha Bites & Threads

• Jito Claim is live - link

That’s a wrap.

Thanks for reading!

Until next Friday,

Viktor DeFi.

PS: I’d love to hear your feedback and comments.