Cycles Airdrop: tasks and status

updated 29 May 2026

Cycles is a clearing and settlement protocol built for debt optimization across networks of obligations. The beta payment app lets you earn points by depositing funds and making transactions. You can sign up on the web or mobile app and claim points daily.

Payments

About the project

What Cycles is

Cycles is a decentralized protocol for clearing and settling multilateral debt. It uses graph optimization algorithms to clear the maximum amount of debt with minimal liquidity needed. The protocol supports privacy-preserving atomic settlements and works with crypto, stablecoins, and other currencies and credits.

The project targets real-world trade credit, invoices, and payment inefficiencies in business-to-business transactions. It closed a $8.7M funding round backed by Coinbase Ventures, Maven 11 Capital, Nascent, and six other firms.

How the points program works

Cycles runs a beta payment app where you can earn points. You collect points by depositing funds into the app and by sending and receiving payments. Points must be claimed daily by clicking a button; points that expire before you claim them are lost.

The earn section gives 10 points for every $100 deposited, with a minimum of $100 and a maximum of $5,000. You also earn 10 points per day for every $10 in trading volume, with a minimum of $10 per day and a cap of $5,000 in volume.

What it takes

The estimated cost is $100 and it takes about 5 minutes to sign up. You need to download the mobile app or use the web version, create a wallet, and activate the rewards program.

The main task is to deposit at least $100 into the app and make daily transactions. You must also remember to claim your points each day. This suits people who are already handling crypto and who can commit to daily logins.

What to watch for

This is a beta program, so the app and its rules can change. Points have no guaranteed value and the team has not said how they will be used or converted. The program may end at any time.

Funding

$8.7M raised · 8 investors

  • Coinbase Ventures
  • Maven 11 Capital
  • Nascent
  • Blockchange Ventures
  • Primitive Ventures
  • Compound VC
  • CMCC Global
  • Cygni Capital

Step-by-step checklist

How to qualify for the airdrop Open steps: 1 of 1
  1. 01 Earn points with the Cycles payment app Open

These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.

Risks and what to watch for

  • Rewards are not guaranteed, and the program rules can change or end.
  • Points that are not claimed daily will expire and be lost.
  • The app is in beta and may contain bugs or stability issues.
  • Funds deposited in the app carry risk of loss if the protocol or app experiences problems.

Frequently asked questions

How much money does Cycles cost?

The estimated cost is $100. This is the minimum deposit required to earn points in the app.

How do you earn points?

You earn 10 points for every $100 deposited (up to $5,000 maximum), and 10 points per day for every $10 in trading volume (minimum $10 per day, up to $5,000). Points must be claimed daily or they expire.

Is the reward guaranteed?

No. The program is in beta, rules can change, and the team has not said how points will be used or what value they will have.

How long does it take to set up?

About 5 minutes to sign up and create a wallet. After that, you need to claim points every day as part of ongoing participation.