
- Join now
- Airdrop unconfirmed
- Chain: Hyperliquid
What is Funnel?
Funnel Markets is a listing engine and DEX built on Hyperliquid’s HyperEVM that enables trading and liquidity provision for assets like memecoins and stablecoins. The platform helps tokens build liquidity and volume before progressing to HyperCore listings. Users can trade cross-chain assets (like Solana to HyperEVM) with 0% slippage and provide liquidity in support pools.
The key differentiator is Funnel’s fee structure: 100% of trading fees go directly to liquidity providers with no protocol cut. Funnel launched on HyperEVM in November 2025 and currently operates without a native token, though it runs an active FUN Points rewards program.
Funnel Airdrop Details
Funnel has not confirmed a token airdrop, but operates an active FUN Points campaign. Every Monday, 1 million new points are distributed based on liquidity provision, trading volume, bridged assets, and referrals.
Special multipliers include 2x points for USDH pairs and the TOKABU/kHYPE pool. While FUN Points’ future utility is unannounced, similar campaigns have historically preceded token airdrops.
How to Participate in Funnel’s FUN Points Campaign
- Visit Funnel Markets Website
- Create Your Account: Sign up using either your email address or by connecting a compatible wallet to the platform.
- Navigate to the Points Page: Check your referral code and track your FUN Points by visiting the Points section of the platform.
- Acquire Assets: Purchase HYPE or other supported tokens from Bybit if you need to acquire assets for participation.
- Visit the Swap Section: Swap your HYPE to acquire any other supported assets.
- Provide Liquidity in Support Pools: Deposit assets into liquidity pools to earn 100% of trading fees plus FUN Points. Focus on USDH pairs or the TOKABU/kHYPE pool for 2x points multipliers.
- Execute Trades: Trade available assets on Funnel to generate volume. Trading on Funnel-native pools carries higher weightage for FUN Points compared to other activities.
- Bridge and Hold Funnel Assets: Transfer and maintain holdings of Funnel-migrated tokens on HyperEVM to accumulate additional points over time.
- Share Your Referral Link: Access your personalized referral code through the Points page and share it to build a referral network. You’ll earn a percentage of protocol fees from your referrals’ trading activity.
Frequently Asked Questions
Conclusion
Funnel Markets provides an opportunity to earn FUN Points through liquidity provision, trading, and ecosystem participation on Hyperliquid’s HyperEVM. While no airdrop has been confirmed, the platform’s points system and fee-sharing structure create current utility for participants regardless of future token prospects.
Focus on activities with multipliers, maintain consistent liquidity positions, and build a referral network to maximize your points accumulation.
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!
Requirements
Overview
- Website: funnel.markets
- Documentation: Visit now
- X (Formerly Twitter):
- Telegram Channel:








