AIrdrop Agent

Perpl

Perp DEX · Monad

A fully on-chain CLOB perpetual DEX built on Monad

Participation

Open now

Token

Not announced

Potential
Total funding

$9M

Major VCs
DragonflyErgoniaMirana VenturesHashkey Group
Last verified

2026-08-12

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Participation programme live
  1. Connect your wallet and deposit funds at perpl.xyz.
  2. Trade perpetuals — Perpl Points and mPoints accrue automatically based on your trading volume.
  3. Use a referral code to earn 10% of your referee's trading fees (5% for second-tier referrals), plus a +5% points boost for both parties.
  4. If you're eligible for the invite-only "$100K Monad Cards Invitational" (ending August 13, 2026, 15:00 UTC), trade before the deadline.
  5. Keep trading to compete in the weekly $50,000 mPoints competition (1 mPoint = $1) that started August 5, 2026, and is set to run for 12 weeks.
Check the official site

Events & campaigns

EventsPerpl Trade's Monad Cards Tournament: Grab an NFT Badge2026-08-13EventsPerpl Unlocks $1M mPoints Pool: Race for $50K Every Week for 12 Weeks2026-08-09EventsPerpl Airdrop Guide: Monad Points and $100K Tournament2026-08-04

Funding & investors

Round
—
Lead
Dragonfly
Investors
Dragonfly · Ergonia · Mirana Ventures · Brevan Howard Digital · Hashkey Group · L1D · CMS Holdings · Breed VC

Overview

Perpl is a fully on-chain order-book perpetual futures exchange built on Monad. All order matching, execution, and liquidation happen entirely on-chain, without relying on an off-chain matching engine. Traders can trade major assets such as BTC with leverage, using TradingView-powered charts.

Analysis

Per DefiLlama, Perpl's TVL is around $7.4M​, listed under the Derivatives category. Perpl's official X account reported a record weekly trading volume of $431M for the week of August 6, 2026, and stated its contracts accounted for 45.3% of all gas spending on Monad in July. Cumulative trading volume surpassed $1B as of July 27. The project has raised about $9.25M led by Dragonfly Capital, though CryptoRank shows a slightly different figure of $9.5M. The full investor list and audit status remain unconfirmed. No token ticker, TGE date, or total supply has been announced, and there is no confirmed guarantee that Perpl Points or mPoints will convert into a future airdrop.

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

  • Perpl Points Season One (started June 10, 2026): a weekly pool of 50,000 Perpl Points distributed based on trading volume, referrals, and PLP activity. Ongoing.
  • Trading Tournament #1 (June 17, 2026 17:00 UTC – July 1, 2026 17:00 UTC): total prize $50,000 (ROI Contest $25,000, Volume Contest $25,000). Ended.
  • Purple Summer / mPoints (started July 8, 2026, 16 weeks): total supply of 1,000,000 mPoints, with a reward pool scaling from $500k to $1M in MON based on OI-Adjusted ADV. Hit its target on August 5, 2026, fully unlocking the $1M pool.
  • Trading Tournament #2 "$100K Monad Cards Invitational" (July 16, 2026 15:00 UTC – August 13, 2026 15:00 UTC): total prize $100,000 (Trading Contest $85,000, Volume Contest $15,000). Invite-only, requiring at least one trade and $250,000 volume to qualify for prizes. Ending soon.
  • From August 5, 2026: a new weekly $50,000 competition using mPoints began, set to run for 12 weeks.
  • Latest distribution: the week of August 6, 2026 distributed 50,000 Perpl Points and 50,000 mPoints, with a record $431M weekly volume. Cumulative volume passed $1B as of July 27.
  • No formal token allocation table, unlock schedule, or confirmed airdrop amount has been announced.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

The top priority right now is the "$100K Monad Cards Invitational" tournament, ending August 13, 2026 at 15:00 UTC (invite-only, requiring at least one trade and $250,000 volume to qualify). An official post said "24 hours to go," so eligible traders should act before the deadline. After the tournament, the weekly $50,000 mPoints competition that started August 5, 2026 (running 12 weeks) becomes the main opportunity. Setting up a referral link before trading adds a +5% points boost for both sides on every trade. Institutional market makers are excluded from the mPoints program.

Security & risks

Key risks

  • The token has not launched — no ticker, TGE date, or total supply has been announced
  • There is no confirmed guarantee that Perpl Points or mPoints will convert into a future airdrop
  • The disclosed raise varies between $9.25M and $9.5M depending on the source, and the full investor list is unconfirmed
  • No audit firm or audit date can be confirmed from official sources
  • Leveraged trading carries liquidation risk, and the app restricts access from certain regions (Restricted Territories)
  • Monad itself is still a new chain, carrying broader ecosystem risk

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

An official X post from July 23, 2026 announced Perpl "getting faster, with higher leverage coming soon." The weekly $50,000 mPoints competition is scheduled to run for 12 weeks starting August 5, 2026. No TGE date has been announced.

Visit the official site

Similar projects