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FX100 Airdrop: tasks and status
FX100 is a decentralized exchange for perpetual futures trading on Base. Participants can join the testnet to trade early, potentially earn airdrop rewards, and get a unique Discord role. The exchange features a 15-minute protection window after opening a position to shield against sudden liquidation.
About the project
What FX100 is
FX100 is a decentralized exchange on Base where users trade perpetual futures contracts with leverage up to 100x. All markets are collateralized and settled in USDC.
The platform includes a protection engine that gives traders a 15-minute grace period after opening a position. During this window, market volatility alone will not trigger forced liquidation. After the window ends, positions can be liquidated if they fall below maintenance levels, but the exchange does not use external liquidators.
How the testnet works
FX100 has launched its testnet on Base for early trading. Participants sign up on the website, enter an invite code, connect their wallet, and start trading perpetual futures pairs.
Trading activity on the testnet may boost your points or reward you with a unique Discord role. Joining the project's Discord community and claiming your role through their Guild is part of the process.
What it takes
The testnet is free: there is no cost estimate. It takes about 15 minutes to sign up, connect your wallet, and place your first trade.
You need a wallet and the invite code provided by the project. Trading experience with leverage and perpetual futures helps but is not required to join the testnet.
Risks and rewards
Testnet rewards are not guaranteed. The project may change its rules or reward structure at any time.
Perpetual futures trading with high leverage is inherently risky. Even with FX100's protection window, liquidation and loss of funds are possible if your position falls below maintenance levels. The testnet uses test tokens, so real money is not at risk during this phase.
Step-by-step checklist
- 01 Trade on the FX100 testnet Starts 06 Aug 2026 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
- Airdrop and testnet rewards are not guaranteed and rules can change.
- Perpetual futures trading with leverage carries a high risk of liquidation and loss, even with the 15-minute protection window.
- Smart contracts on blockchain platforms can contain bugs or vulnerabilities that put funds at risk.
Frequently asked questions
What is FX100?
FX100 is a decentralized exchange on Base for trading perpetual futures with up to 100x leverage. It has a protection engine that prevents liquidation for 15 minutes after you open a position.
How much does the testnet cost?
The testnet is free. There is no cost to sign up, connect your wallet, or place trades.
How long does it take?
About 15 minutes to complete the initial steps: sign up, enter the invite code, connect your wallet, and place your first trade. You can continue trading for as long as you like.
What is the 15-minute protection window?
After you open a position, FX100's protection engine gives you 15 minutes during which volatility will not trigger liquidation. After this window, your position can be liquidated if it falls below maintenance level.
Is the airdrop reward guaranteed?
No. Testnet rewards are not guaranteed. The project may change its reward structure or rules at any time.
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