Airdrop overview
What Is Monetrix?
Monetrix is launching a yield dollar on Hyperliquid. You mint USDM 1:1 from USDC, then you stake it as sUSDM or put it in liquidity pools.
Most stable yield products still lean on a CEX for custody or hedging. Monetrix is trying to keep the loop onchain. The vault hedges on Hyperliquid, captures funding and related yield, then grows the sUSDM rate. Holding raw USDM does not pay that yield but staking does.
The mainnet and Season 0 are already live. The first mint cap sat around $2M. The stack was audited in a Code4rena contest in April 2026. Public fundraising numbers are still thin, so the live product and the Hyperliquid venue do more work than a seed headline.
On the viability side, Hyperliquid already has deep perps. A dollar that sits next to that book is the bet. USDM is trading near peg. Season 0 is how early users get scored while the protocol is still young.
The Monetrix Season 0 Campaign
Season 0 started with mainnet. Stake into sUSDM at 5x. LP USDC/USDM on Hybra at 10x. LP HYPE/USDM on Hybra at 15x. The referral code FC24 adds an extra 10% boost on points you earn.
Users are simply required to connect a wallet on HyperEVM, swap USDC into USDM, then choose hold, stake, or LP. Tasks in the app add extra points. Pools can also pay pool yield on top of points. The team’s line is that Season 0 points will influence allocation when an airdrop is distributed. A full TGE rulebook is not the live page.
Follow our complete and simple step-by-step guide to participate!

Airdrop rewards and allocation
The estimated value for Monetrix Airdrop airdrop is Points for Future Allocation
The total rewards for the airdrop is Points for Future Allocation
The Monetrix Airdrop airdrop is expiring in 2026-12-31
Step-by-step guide to get your rewards
1. Open the dashboard and connect your wallet
- Go to Monetrix Dapp page..
- Connect a wallet on HyperEVM and keep the FC24 code in the URL.
- Keep a little HYPE for gas and USDC on HyperEVM.
- You’ll earn 10% referral boost on later points.
2. Swap USDC for USDM
- Open the Earn section.
- Swap USDC into USDM at the 1:1 mint flow.
- USDM in your wallet, scored at 2x if you just hold it.
3. Add liquidity on Hybra
- Open the DeFi section and pick a pool.
- Deposit into USDC/USDM for 10x or HYPE/USDM for 15x.
- Check the pool APY before you deposit. You take LP risk as well as points.
- You’ll earn the highest Season 0 multipliers, plus whatever return that Hybra pool is paying.
4. Stake USDM into sUSDM
- Send USDM to staking if you want yield without a second LP token.
- Approve, then stake, and hold sUSDM while the rate grows.
- Here you’ll get the protocol yield plus the 5x points multiplier.
5. Finish in-app tasks
- Open the Tasks section.
- Complete every available task the page lists.
- What you earn in this step is an extra Season 0 points on top of hold, stake, and LP.
Disclaimer: Season 0 points are live but the final airdrop size, snapshot, and token rule are not locked on the public page. Join if you want USDM yield and points. The campaign may convert later, and it may not.
Is the Monetrix Airdrop airdrop legit?
We always treat that question seriously, because protecting our community matters more than promoting any campaign. For every airdrop listed on Freecoins24, including Monetrix Airdrop, we run a basic due-diligence check before featuring it on our website.
We review the project’s official channels, look for a consistent online presence, and verify that links direct to trusted domains, not suspicious clones. We check whether the team or company behind Monetrix Airdrop is publicly known, has previous activity, or any visible history of scams or complaints. We also evaluate the airdrop mechanics, looking for unrealistic promises, impossible token allocations, or tasks that ask for sensitive information or private keys.
However, even with these checks, we cannot guarantee that any airdrop, including Monetrix Airdrop, is completely risk free. Crypto remains a high-risk environment, and new information can appear after we list or review a campaign. Our listing of Monetrix Airdrop is not financial advice, not an endorsement, and not a guarantee of future token distribution or project success. Always do your own research, verify all details using the official Monetrix Airdrop channels, and never share seed phrases, private keys, or other security credentials. Only participate with funds and wallets you can afford to risk, and consider using separate wallets dedicated exclusively to airdrops and testing. If you notice suspicious behavior or updates related to the Monetrix Airdrop airdrop, please let us know so we can review and react quickly.


