
- Airdrop Link: TRADE PREDICTION MARKETS
- Total value: n/a
- ❌ Airdrop unconfirmed
- Platform: arbitrum, bsc, eth, polygon
What is Ultramarkets?
Ultramarkets lets you trade real prediction market positions via Polymarket with up to 10x leverage by using borrowed money from USDC liquidity vaults to carry out real Polymarket positions. This gives traders more buying power without exposing them to synthetic assets.
There are two types of users on the platform: traders who want more exposure to live Polymarket events and liquidity providers who deposit USDC to vaults and earn fees and a share of the profits without taking any directional risk. Positions close automatically before the market resolves, which removes the risk of gaps for leveraged traders. YziLabs, a venture capital firm that works with Binance, backs Ultramarkets. The platform is currently in private beta.
Ultramarkets Airdrop Details
Ultramarkets has not yet made an official announcement about a token airdrop. This guide is about the active ULTRA points program, which could lead to a future distribution of $ULTRA tokens.
During the Genesis Season, private beta traders can earn ULTRA points by trading, doing well on the leaderboard, and making social connections. The scores for each week start over, but the points add up over time. In addition, 100% of Polymarket builders rewards are given out directly to active beta traders every week. This means that joining early is financially worthwhile, no matter what happens with the tokens in the future. Usage of Ultramarkets also positions traders for a potential $POLY airdrop.
How to Get Involved in the Ultramarkets Airdrop
Step 1: Join the Ultramarkets Discord
Go to the Ultramarkets Discord and confirm you’re a Polymarket trader by verifying your address in the verify channel. Once verified, ask for a code to get into the private beta by opening a ticket. You can only get beta access by invitation right now and an invite code is required to unlock the trading app.
Step 2: Link Your Wallet
Once you have an invite code, visit app.ultramarkets.xyz, enter your code, and link your Web3 wallet.
Step 3: Link Your Social Media Accounts
In the top right corner, go to your Profile and connect your Discord and X accounts. You get 500 ULTRA points for each connection, and you need at least one social connection to be able to get ULTRA points.
Step 4: Deposit USDC
You need to add USDC to your trading account. You can buy USDC on Binance and send it directly from any supported chain (Arbitrum, Base, BNB Chain, Ethereum, or Polygon). Alternatively, use Rhino to bridge USDC to your Ultramarkets address. Your USDC is used as margin for positions that are leveraged.
Step 5: Trade Leveraged Positions
Go to the Markets page to see live Polymarket markets and open positions with up to 10x leverage. All trades go through as real Polymarket positions. During the Genesis Season, the main method you can earn ULTRA points is through how much volume you trade.
Step 6: Take part in the weekly Genesis Season leaderboards
Check the in-app leaderboard to see where you stand in terms of ULTRA points. Top performers get weekly point pools, like 1 million points. Weekly scores start over, but cumulative totals stay the same. If you keep playing, your position gets better over time.
Step 7: Check Weekly Margin Logs for New Information
Visit blog.ultramarkets.xyz for Weekly Margin Logs, news about the new Genesis Season, and experiments with points multipliers (like on live sports markets). As we talked about in our airdrop farming guide, staying up to date on these changes is part of getting the most out of your allocation.
How to Get the Most Out of Your ULTRA Allocation
First, link both of your social profiles: You don’t need any trading capital to get the 500-point bonus for each connection. Do this before you make any deposits.
Trade consistently over the course of weeks: Most important are the total points. For long-term leaderboard positioning, regular activity over several weeks is better than sporadic high-volume sessions.
Earn point multipliers: There are several point multipliers displayed on the Points page. Increase your conviction multiplier by holding positions for longer time periods. Increase your leverage multiplier by opening positions with maximum leverage (up to 10x). Finally, trade different markets to earn a market diversity bonus.
Track the rewards you get for building each week. Beta traders get 100% of the rewards for building on Polymarket every week. No matter what happens with the $ULTRA token, these payouts will help you financially.
Frequently Asked Questions
Is there a confirmed airdrop for the Ultramarkets token?
There hasn’t been an official announcement about an airdrop or token launch yet. Project documents mention the $ULTRA token, and the active ULTRA points program hints at a future distribution, but nothing is set in stone.
Do I have to put money into it to take part?
To trade, you need USDC margin, which means you need to have some money in order to earn points through activity. But linking your Discord and X profiles is free and gives you 500 ULTRA points for each.
How do you turn ULTRA Points into Tokens?
There has been no announcement of a conversion mechanism. Points are now used to measure performance on leaderboards. If the $ULTRA token is released, the points you have earned will probably be used in the distribution formula.
Do weekly scores start over?
For the purpose of ranking on the leaderboard, weekly Genesis Season scores reset, but your total ULTRA points stay the same. People who participate for a long time build up balances that last through all the seasons.
How do I get a code to join the private beta?
Join the Ultramarkets Discord and ask for access by opening a ticket. You can only get into Beta by invitation right now.
Conclusion
By taking part in the Genesis points program, you can position for a possible $ULTRA token event. Ultramarkets traders can also earn real weekly rewards through Polymarket builders distributions. The chance to earn ULTRA points and share live revenue makes it worth it to join the private beta. To get the most out of your standing, connect your social profiles right away and stay active during Genesis Season weeks.
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!
Don't forget to follow us on Twitter, Telegram, & Facebook and subscribe our newsletter to receive new airdrops!Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
