Euphoria Airdrop: tasks and status

updated 14 May 2026

Euphoria is building a mobile application for cryptocurrency derivatives trading, including options and perpetual contracts. It uses a simplified tap trading interface where you select price points directly on a chart. The platform has launched on mainnet and participants can trade and climb leaderboards for potential rewards.

DeFi

About the project

What Euphoria is

Euphoria is a mobile application for derivatives trading in cryptocurrency. It focuses on options and perpetual contracts, which make up most of the activity in crypto trading markets.

The app uses a tap trading interface where you select predicted price points directly on a chart, rather than managing order types, collateral, leverage, and risk manually. This approach aims to make derivatives trading more accessible.

The project raised $7.5M from investors including Santiago Roel Santos, Robot Ventures, Figment Capital, Bankless Ventures, and eleven others.

How the airdrop works

Euphoria has launched on mainnet and opened trading to the public. Participants can trade and climb the leaderboard to become eligible for future rewards. The exact airdrop terms and distribution have not been announced.

Earlier, the project ran testnet competitions where top traders won prizes. The leaderboard system in both testnet and mainnet phases is the basis for reward eligibility.

What it takes

The estimated cost is around $30 and the time investment is about 10 minutes to start. You need a wallet and the ability to make a deposit on the mainnet.

Participation involves trading derivatives on the platform, which carries its own risks beyond the airdrop itself. The activity suits people with experience in trading and comfort with derivatives.

What to know

Euphoria has about 14,900 followers on X. The project has not published exact criteria for the airdrop or how many tokens will be distributed.

Derivatives trading is high-risk. Losses can exceed your initial deposit, depending on leverage and market movements.

Funding

$7.5M raised · 16 investors

  • Santiago Roel Santos
  • Robot Ventures
  • Figment Capital
  • Karatage
  • Bankless Ventures
  • Kosmos Ventures
  • Alpen Capital (Prev. Comfy Capital)
  • Hash3
  • First Commit
  • Kain Warwick
  • Daryl Lau
  • Sanat Kapur
  • Sandra Leow
  • ogle
  • Frank Chaparro
  • Steven Zheng

Step-by-step checklist

How to qualify for the airdrop Open steps: 1 of 5
  1. 01 Trade on Euphoria mainnet Starts 14 May 2026 Open
  2. 02 Join the waitlist Starts 05 May 2026 Completed
  3. 03 Tapathon testnet week 2 Starts 23 Feb 2026 Completed
  4. 04 Closed testnet Tapathon Starts 16 Feb 2026 Completed
  5. 05 Waitlist Completed

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. The airdrop terms and distribution have not been published.
  • Rules can change: the project may alter eligibility criteria or reward amounts at any time.
  • Derivatives trading can result in loss of funds. Leverage amplifies both gains and losses, and you can lose more than you deposit.
  • Smart contract bugs or exchange hacks could cause loss of funds deposited on the platform.

Frequently asked questions

What is tap trading?

Tap trading is Euphoria's interface where you select a predicted price point directly on a chart instead of manually entering order types, collateral amounts, leverage, and risk settings.

How much does it cost to participate?

The estimated cost is around $30. You need to make a deposit to start trading on mainnet.

How long does it take?

The estimate for the basic tasks is about 10 minutes to get started, but actual time depends on how much you trade.

Is the airdrop reward guaranteed?

No. The project has not published exact airdrop terms, eligibility criteria, or how many tokens will be distributed. Rewards are not guaranteed.

What are derivatives?

Derivatives are contracts whose value is based on an underlying asset like Bitcoin or Ethereum. Options and perpetual contracts are types of derivatives that allow trading with leverage, meaning you can trade larger amounts than you deposit. This increases both potential gains and potential losses.

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