Loading...What is AZEx?
AZEx is your A-Z DeFi hub, offering a comprehensive suite of decentralized financial services. Built on Berachain (Mainnet), Unichain (Mainnet), Monad (Testnet), AZEx provides perpetual trading with up to 100x leverage, allowing any token to be used as margin.
The platform also features AI-powered CopyTrading, advanced fund management, and a unique launchpad for new tokens, covering every aspect of DeFi from start to finish.
AZEx Airdrop Details
AZEx has launched its public testnet on Monad, giving users the opportunity to explore the platform’s features while participating in a rewards program. The testnet event offers several incentives for participants:
Users can receive $AZT tokens from the platform’s faucet and potentially qualify for a mainnet airdrop of $AZT tokens. Additionally, participants can compete for up to 10,000 $MON in incentives, with a special $50,000 reward pool reserved for users who complete premium tasks like bug reporting.
The reward distribution follows a booster system where each completed activity increases your chances of receiving rewards. Users who complete the Galxe OAT (On-Chain Achievement Token) will unlock access to the main rewards program, with more active participation correlating to higher potential earnings.
How to Participate in the AZEx Testnet
- Set Up a Monad-Compatible Wallet
- Configure your existing wallet to support the Monad testnet
- Ensure you have proper network settings for Monad testnet
- Access the AZEx Testnet Platform
- Visit the testnet page
- Connect your Monad-compatible wallet to the platform
- Complete Social Engagement Requirements
- Follow AZEx’s official X account
- Retweet the Testnet announcement post
- Join the AZEx Discord community and earn your role
- Participate in Core Platform Activities
- Trading: Use $AZT, $USDC, or $MON as margin in both cross-margin and isolated-margin modes to open long or short positions on BTC or ETH
- Liquidity Provision: Add liquidity to any pool containing $AZT, $USDC, or $MON and later withdraw it
- Agent Feature: Use $AZT to swap any AI Agent and deploy one in Prototype
- Copy Trading: Copy an existing trade from another user and close the position
- Funds: Create your own fund and attract at least 3 investors, then invest in any two other funds on the platform
- Complete the Galxe OAT
- Visit Galxe’s AZEx quest page
- Complete the required tasks to earn your On-Chain Achievement Token
- This OAT unlocks access to exclusive testnet rewards
- Engage in Advanced Participation (Optional)
- Bug Bounty Program: Submit any bugs you discover to qualify for premium rewards
- Pre-authorization: Complete pre-authorization to help AZEx build TVL ahead of the official launch
- Referral Program: Share your personal referral code to bring active traders to the platform
- Social Sharing: Share your experiences using the platform on Twitter with the hashtags #AZEx and #AZExTestnet
Maximizing Your Rewards
To increase your chances of earning significant rewards during the testnet event, consider implementing these strategies:
Trading Strategy
- Diversify your trading activity across multiple trading pairs
- Maintain a balance of both long and short positions
- Engage in regular, consistent trading rather than making a few large trades
- Experiment with different leverage levels while managing risk appropriately
Liquidity Management
- Explore different liquidity pools to identify those offering the best yields
- Consider both ALP earning opportunities and AZT staking options
- Monitor pool performance and adjust your liquidity provision strategy accordingly
Community Engagement
- Actively participate in discussions within the Discord community
- Create and share content about your platform experiences on X
- Help new users navigate the platform and answer their questions
- Provide constructive feedback to the development team
Frequently Asked Questions
How do reward distributions work?
Each task you complete on the platform earns you boosters, which increase your chances of receiving rewards. The more boosters you accumulate through active participation, the higher your potential reward allocation will be when distributions occur.
Can I join from anywhere?
Yes, the AZEx testnet is accessible globally. However, users should ensure they comply with local cryptocurrency regulations in their jurisdiction before participating.
How long should I stay active?
While the testnet event is ongoing without a specific end date announced, regular and consistent activity throughout the testing period will significantly improve your chances of earning rewards. Users who show long-term engagement tend to receive more favorable consideration during reward distribution.
Conclusion
You can join AZEx today and be part of the future of decentralized finance. You can also experience their DeFi features, earn rewards, and contribute to the growth of the AZEx ecosystem.
Requirements:
Twitter required
- Follow
- Single Retweet
Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
- Total value: n/a
AZEx Airdrop Event Details
AZEX has launched a Testnet event offering early users the opportunity to secure allocations of the platform’s native $AZT token. Running from December 5th to December 19th, 2024, the event uses a raffle ticket system that allows participants to increase their winning chances through active platform engagement.
The IDO Allocations rewards users who participate in the platform’s testnet phase. To join, users must hold $AZT test tokens in their wallets, available through token swaps with $HONEY on the Bartio exchange.
The allocation size correlates directly with user participation – more active users gain additional opportunities for larger allocations.
How to Participate in the AZEx Testnet
- Follow AZEx on X (Twitter).
- Retweet the announcement post.
- Join the AZEx Discord community
- Access the AZEx alpha testnet program.
How to get testnet token?
- Set up a BeraChain-compatible wallet
- Get $AZT test tokens by swapping $HONEY on Bartio.
- Access the AZEx alpha testnet platform
- Connect your wallet to begin
- Check out their medium announcement for all details regarding the campaign.
Core Participation Activities
- Trading Requirements
- Build $1,000 in trading volume
- Use any available trading pairs
- Include both long and short positions
- Liquidity Provision
- Provide liquidity to pools to earn $ALP tokens
- Stake $AZT to earn $BGT and more $AZT in “Yield”
- Advanced Participation
- Become a Fund Manager or investor
- Share your personal referral code
- Bring active traders to the platform
- Share platform experiences on X with @azex_io #AZEx #AZExTestnet
Maximizing Your IDO Allocation Chances
Strategy Optimization
The testnet rewards cumulative participation – each completed task adds to your allocation chances. Here’s how to build a strong position:
- Trading Strategy
- Trade across multiple pairs
- Balance long and short positions
- Make regular trades instead of single large ones
- Liquidity Management
- Check different pools for best yields
- Try both $ALP earning and $AZT staking
- Adjust positions based on market conditions
- Community Building
- Join Discord conversations
- Create useful content about your experience
- Support new users learning the platform
Frequently Asked Questions
How do allocation distributions work?
Each completed task earns raffle tickets, which combine to increase your winning probability.
Can I join from anywhere?
The platform works globally, but check your local crypto trading regulations.
How long should I stay active?
The event runs December 5th-19th, 2024. Regular activity throughout this period may improve your allocation chances.
This methodical approach to participation helps users work toward securing testnet allocations while contributing to the platform’s development. Each step builds your presence in the ecosystem and strengthens your position for the token distribution.
