Blot

    What is Blot?

    Blot is a leveraged token protocol built on Ink, an Ethereum Layer 2 on the Superchain. It lets users trade perpetuals, margin spot, basis trades, and pair trades through standard ERC-20 leveraged tokens — without the liquidation risk typical of traditional perp platforms.

    The protocol launched Phase 1 on February 19, 2026, with Blot Leverage going live on February 25, 2026. Behind it is KittyPunchXYZ, a team that has facilitated over $300M in trading volume across other chains. The $BLOT token is live, connected to $FROTH via a burn-to-mint mechanism, and 100% of app fees are used to buy back $BLOT, creating consistent buy pressure.

    BlotSwap, the protocol’s DEX component, supports liquidity farming alongside the trading dashboard, giving users multiple ways to accumulate points.

    Blot Airdrop Details

    Blot does not have a confirmed token airdrop. However, Ink has not yet launched its $INK token, and early ecosystem activity on Ink is widely expected to be considered for future distributions. Participating on Blot now means building activity history on the Ink chain.

    Key Parameters:

    • Token: $BLOT (live) / $VOID (mintable via Drip + $BLOT burn)
    • Points Programs: Drip points (100 Drip per $1,000 traded) and Nado points
    • TGE Date: Not announced

    Drip points are earned through trading and liquidity farming. Burning Drip points alongside $BLOT mints VOID tokens, which capture a share of protocol fees. Nado points are earned alongside Drip through trading activity. Nado NFT holders also received a 50,000 Drip airdrop.

    How to Farm the Blot Airdrop

    Step 1: Bridge Assets to Ink

    Acquire ETH or USDT0 from Binance and bridge to Ink using Rhino. You’ll need ETH for gas on Ink.

    Step 2: Connect Your Wallet to Blot

    Go to the Blot app and connect your wallet. Make sure you’re on the Ink network.

    Step 3: Trade Perpetuals or Margin Spot

    Open long or short positions using the Perps page. Every $1,000 in trading volume earns 100 Drip points plus Nado points. Both perps and margin spot positions qualify.

    Step 4: Execute Basis or Pair Trades

    Go to the Strategies page to run basis trades (paired spot/perp positions) or pair trades (token/commodity ratios). These strategies earn Drip and Nado points while also generating funding yield.

    Step 5: Farm Liquidity on BlotSwap

    Go to the Portfolio page and add liquidity for supported pairs: ETH-USDT0 and BLOT-WETH. Then go to the Farms page to stake LP tokens and earn Drips:

    • $ETH–USDT0: ETH and stablecoin pair
    • $BLOT–WETH: Protocol token paired with wrapped ETH

    Both pools earn Drip points over time. Spend your earned Drip alongside BLOT to mint VOID tokens.

    Step 6: Burn $FROTH to Mint $BLOT (Optional)

    If you hold $FROTH on Ethereum mainnet, burn it to receive $BLOT on Ink. This gets you exposure to the $BLOT token and enables the VOID minting step.

    Step 7: Mint VOID for Fee Capture (Optional)

    Burn Drip points alongside $BLOT to mint VOID tokens. VOID holders capture a share of protocol fees. Details are in the Blot tokenomics docs.

    Frequently Asked Questions

    Is there a confirmed Blot airdrop?

    No confirmed $BLOT airdrop has been announced. Blot is built on Ink, which has not yet launched its $INK token. Early activity on Blot contributes to your on-chain history on Ink, which may be considered in future distributions.

    Is the Blot points program free to participate in?

    Trading and liquidity farming require capital since you’re interacting with real assets on Ink mainnet. There are no platform fees to earn Drip points beyond normal gas costs and trading activity.

    How do Drip points convert to rewards?

    Drip points have two current uses: they can be burned alongside $BLOT to mint VOID (for protocol fee capture), or held for potential future distributions. No direct conversion rate to tokens has been announced.

    What are Nado points for?

    Nado points are earned through trading on Blot alongside Drip. Their exact utility has not been fully announced. They are separate from Drip and tracked independently.

    Can I participate without buying $BLOT?

    Yes. Drip points are earned through trading and farming without needing to hold $BLOT. $BLOT is only required if you want to mint VOID tokens for fee capture.

    Conclusion

    Blot offers a multi-layered points program through trading, farming, basis trades, and VOID minting on the Ink L2. By consistently trading and providing liquidity now, you build Drip and Nado points ahead of any future announcements, while also positioning for early Ink chain activity.

    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!

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    Estimated Value

    n/a

    Tokens per Claim

    n/a

    Max. Participants

    Unlimited

    Overview