Ekiden Airdrop: tasks and status

updated 23 Oct 2026

Ekiden is an orderbook-based derivatives exchange built for the Canton Network, offering institutional-grade trading with deep liquidity and transparent on-chain settlement. The project is running a mainnet launch program where early traders can earn points toward future rewards through active trading and participation in quests.

Exchange

About the project

What is Ekiden?

Ekiden is a hybrid derivatives exchange designed specifically for the Canton Network ecosystem. It combines the speed of off-chain order matching with the security and transparency of delayed on-chain settlement, creating a system that serves both professional traders and institutional users. The platform recently launched commodity markets for XAU/USDCx and XAG/USDCx, with trading on these markets earning you a 2x points multiplier.

The exchange functions as a decentralized trading terminal with robust API support, cross-chain access, and advanced order types. It has been recognized as a Featured App on Canton and has attracted backing from major investors including the Aptos Foundation, GSR, and several established venture capital firms.

How the Mainnet Program Works

Ekiden's mainnet launch gives you the chance to earn points by trading on the live network. The more you trade and the higher your volume, the more points you accumulate. Your position on the leaderboard determines your eligibility for rewards, though reward amounts are not guaranteed.

The program includes two main ways to boost your rewards: complete trading quests in the Quests section for bonus points, and watch for periodic trading competitions where participants can earn additional rewards. Mainnet access is available through invitation to the top 100 testnet traders, and there is also a referral link option to get access immediately.

What It Takes to Participate

Getting started requires an EVM-compatible wallet and USDC on the Ethereum network to deposit. The estimated cost to begin is around 60 USD, and you can expect to spend approximately 25 minutes on initial setup. From there, your time investment depends on how actively you trade; there is no minimum trading requirement, but higher activity increases your points and reward eligibility.

You will need to connect your wallet, deposit funds, and then navigate the Trade section to open positions. The process is straightforward for anyone familiar with decentralized finance, though it does assume comfort with wallet connections and on-chain transactions.

Why Participate?

Ekiden appeals to traders seeking institutional-grade tools and deep liquidity in a decentralized setting. The commodity markets with 2x multipliers offer a unique earning opportunity not found on typical exchanges. If you are interested in professional-grade derivatives trading or want to explore tokenized assets on Canton, the early access phase offers a chance to build your track record before wider adoption.

Funding

$2M raised · 19 investors

  • GSR
  • Moonhill Capital
  • Curiosity VC
  • Monolith
  • DCF God
  • Flowdesk
  • Aptos Foundation
  • Keyrock
  • Anurag Arjun
  • chainyoda.eth
  • G-20 Group
  • Bartosz Lipinski
  • Victor Ji
  • Avery Ching
  • Max Power
  • Brian Fabian Crain
  • Pyth
  • Hardcore Labs
  • Mikko Ohtamaa

Step-by-step checklist

How to qualify for the airdrop Open steps: 2 of 2
  1. 01 Trade on Ekiden Mainnet Starts 08 Sep 2026 Open
  2. 02 Create an Ekiden wallet 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

  • Points earned do not guarantee future token rewards or compensation of any kind.
  • Trading derivatives involves the risk of losing your entire deposited capital.
  • Smart contract bugs or network failures could result in temporary or permanent loss of funds.
  • Early-stage mainnet may experience technical issues, downtime, or unexpected changes to terms and reward structures.

Frequently asked questions

Do I need to be a top testnet trader to participate?

Mainnet invitations were issued to the top 100 testnet traders, but you can also gain access immediately through the referral link without needing to have participated in testnet.

What is the 2x multiplier for commodity markets?

Trading on the newly launched XAU/USDCx and XAG/USDCx commodity markets earns you double points compared to other trading pairs, accelerating your progress on the leaderboard.

How do I know what rewards I will receive?

Rewards are not guaranteed and depend on your final position on the leaderboard. Points earned through trading, quests, and competitions determine your ranking, but the specific reward structure and distribution have not been fully detailed.

What wallet and network do I need?

You need an EVM-compatible wallet and USDC on the Ethereum network to make your initial deposit. The platform will guide you through connecting your wallet during the deposit process.

Are there ongoing fees for trading?

The source does not specify trading fees or ongoing costs beyond your initial deposit. Check the platform directly for current fee structures.

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