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    Tings

    What is Tings?

    Tings is a perpetual futures DEX that uses Hyperliquid’s HIP-3 protocol to make markets for assets that have never had them before. Prices of GPUs, unemployment rates, weather indexes, US debt levels, collectibles like $CHARIZARD or $ROLEX—things that people keep an eye on but can’t trade. Tings makes those underlying assets tradable perp contracts on-chain.

    Since February 2026, the platform has been in testnet. There are already live markets and a points program, but no information about public funding has been made public. If you’re farming Hyperliquid airdrops, Tings is a bet that makes sense to keep an eye on.

    Ongoing

    Tings Airdrop Details

    There has been no official announcement of a token launch or airdrop, so participation is still speculative. Tings does have a structured points program, though, and 20% of all points are set aside for testnet activity. Points are given out every week (300,000 points per week) based on real trading activity and realized PnL. The exact formula is secret, but it’s clear that the focus is on real activity instead of fake volume.

    Key Parameters:

    • Distribution Method: 300,000 points distributed weekly based on trading activity and realized PnL
    • TGE Date: Not announced

    The referral program is also active. You get 10% of the points and trading fees of the people you refer. Users who are referred get 10% off their fees.

    How to Participate in the Tings Airdrop

    Step 1: Visit the Tings Testnet

    Head to the Tings platform, click Connect Wallet in the top right, approve the signature, and accept the Terms & Conditions.

    Step 2: Get Testnet Tokens

    Testnet tokens are free for Hyperliquid mainnet users who meet either threshold:

    • $10,000+ in perpetuals trading volume, or
    • $1,000+ in spot volume

    If you don’t qualify, you can mint testnet tokens in-app for $1 USDC. If you don’t have any USDC, you can get them on Binance.

    Step 3: Choose a Market and Trade

    Look through the live exotic markets for GPUs, weather indices, collectibles, macro data, and more, and then open a position. If you want to buy something right away, use a market order.

    If you want to buy something at a certain price, set a limit order. Weekly points are based on trading activity and realized PnL, so it’s more important to participate consistently over several weeks than to have one big session.

    Step 4: Generate and Share Your PnL Card

    After you trade, make your PnL card on the platform and post it on X. This gives you a flat 100 points per share, which is one of the easiest ways to get points and takes less than a minute.

    Step 5: Submit Feedback and Report Bugs

    You can use the app’s feedback tool to report bugs or give your thoughts on the product. Bug reports get more points and are less competitive than trading volume. During testnet, teams put a lot of weight on this kind of feedback.

    Step 6: Create Your Referral Link

    To make your referral link, open the app and go to the Referrals page. You get 10% of the fees and points from every person who trades through it, and this will continue throughout the testnet phase.

    Step 7: Join the Discord and Claim the OG Role

    Get the OG role on the Tings Discord while you can. In the past, being involved in the community early on has been important for being eligible for snapshots in Hyperliquid-ecosystem projects.

    Frequently Asked Questions

    Has Tings Confirmed an Airdrop or Token Launch?

    No. Tings has not yet announced a token or airdrop as of April 2026. The points program is live, and 20% of the points are set aside for testnet users. However, it is not yet clear if those points will turn into tokens.

    Is the Tings Testnet Free to Use?

    Mostly. People who use Hyperliquid mainnet and have $10,000 or more in perps volume or $1,000 or more in spot volume can get free testnet tokens. You can also mint them for $1 USDC as a way to stop sybil attacks.

    How Are Tings Points Calculated?

    Tings gives out 300,000 points each week based on how much trading activity and realized PnL there is. The exact formula is not public. The team has said they reward real trading behavior, so consistent activity and real profits are more important than just the number of trades.

    Conclusion

    Tings is very different from most testnet projects. For example, trading perps on GPU prices or collectibles isn’t something you see every day. Points are real, the referral program grows quickly, and 20% of the total pool is set aside for people who are testing the net.

    Start trading, share your PnL card, build your referral network, and don’t forget to check Discord.

    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

    Unlimited

    Overview