Entropy Airdrop Details
Entropy has no token and no announced airdrop. Its site, docs, and X account make no mention of a token, points program, season, or quest system. Any retroactive reward for early traders is speculation, based on how other Hyperliquid ecosystem projects have treated pre-token activity.
What exists instead is a cash fee program: four rebate tiers plus referral rewards, all calculated against Entropy’s half of the HIP-3 fee split rather than the full fee you pay. Trading here also builds Hyperliquid volume, which feeds separately into Hyperliquid Season 2 expectations.
How to Participate in the Entropy Airdrop
Step 1: Connect your wallet to Entropy
Go to the Entropy trading app and connect Rabby, MetaMask, or another supported wallet.
Step 2: Set your username
Finish account setup and pick a username.
Step 3: Deposit USDC to your Hyperliquid account
Entropy markets settle in USDC held in your Hyperliquid perps balance, funded via Arbitrum. Buy USDC on Bybit and withdraw straight to Arbitrum, or shift existing funds across chains using the widget below.
Swap and bridge across 30+ chains without leaving this page.
Fast routes, low fees.
Opens an interactive bridge widget
Step 4: Trade the live Entropy markets
Open positions on io:ANTH, io:SNDK, io:NBIS, or io:GPRO. Leverage caps run from 5x to 10x by market, and isolated margin keeps any liquidation contained to that position.
Step 5: Create or apply a referral code
Generate a code on the referrals page to earn a share of fees from signups. Applying someone else’s code gives you a fee benefit matching their tier.
Step 6: Build volume on Entropy markets
Rebate tiers track rolling 30-day volume on Entropy markets. Volume on native Hyperliquid perps like BTC or ETH counts for Hyperliquid but not toward Entropy tiers.
Latest Update: Entropy Launches Entropy Partners Creator Program
Entropy has opened Entropy Partners, an invite-only program for creators on X and Telegram. Its rewards come on top of the standard Tier 4 referral rewards:
- $10 for every referral who deposits at least $100 and makes at least one trade on io markets, paid out after the deposit is held for 30 days
- An extra $15 for the same referral once they reach $1M in cumulative trading volume, with no deadline
- Priority access in future reward programs
Apply to Entropy Partners
Submit your details through the Entropy Partners application form. The team reviews each application manually and onboards accepted partners in batches.
Tips for Maximizing a Potential Entropy Allocation
Spread activity across market types. Entropy runs equity, index, and pre-IPO markets with different mechanics, and touching several looks less like volume farming than repeating one pair.
Hold positions long enough to be real. Rewards are reviewed manually, and wash trading, pre-arranged trades, or self-referral void everything pending.
Treat funding as a cost. Pre-IPO perps use a funding multiplier that pulls mark toward the oracle bound, so held positions can bleed regardless of direction.
Frequently Asked Questions
Conclusion
Entropy is early in a way that cuts both ways. There is no token and no points dashboard, so nothing to farm mechanically, but there is also little competition among traders building history on io:ANTH and the equity perps. The rebates pay real money now, and Tier 2 is open to anyone who has traded a HIP-3 market before.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unknown
