Monetrix USD Airdrop: tasks and status

USDM updated 24 Sep 2026

Monetrix USD is a stablecoin on Hyperliquid that generates yield for holders. An airdrop is planned for June 2026. You earn points toward it by holding USDM, staking it, or providing liquidity to trading pools.

Stablecoin

About the project

What Monetrix USD is

Monetrix USD (USDM) is a stablecoin built on Hyperliquid that produces automatic yield for anyone who holds it. The yield comes from funding spreads, market-making rebates, and Hyperliquid's own rewards, rebalanced continuously to keep the rate stable.

The protocol is transparent: every position can be checked on Hyperliquid. Funds are kept on Hyperliquid itself, not sent to a centralized exchange or third party.

The airdrop and points program

Monetrix plans to airdrop tokens in June 2026. To qualify, you earn points during Season 0 by holding USDM, staking it, or supplying liquidity to trading pools.

Different actions give different point multipliers. Holding gives 2x. Staking in sUSDM gives 5x. Liquidity pairs earn 10x to 15x depending on which pool you choose. You can also complete tasks to earn extra points. A referral link adds 10% to your points.

What it takes

The estimated cost is $50 and the time about 10 minutes to set up. You need a wallet connected to Hyperliquid and USDC to swap for USDM.

Once you have USDM, you can simply hold it (no extra action needed), stake it, or deposit it into liquidity pools on Hybra. Liquidity pools also earn you trading fees on top of points.

Who it suits

This works for people who understand how stablecoins and liquidity pools function, and who are comfortable with Hyperliquid and decentralized exchanges. If you want to hold a stablecoin anyway and earn points at the same time, it can be useful.

Step-by-step checklist

How to qualify for the airdrop Open steps: 1 of 1
  1. 01 Point Farming in Season 0 Starts 10 Sep 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

  • Rewards are not guaranteed. The airdrop terms can change, and points earned may not convert to tokens in the way you expect.
  • Smart contracts and decentralized exchanges can contain bugs or be exploited. Funds placed in liquidity pools or staking are at risk.
  • The yield rate is based on market conditions and can fluctuate. Past rates do not promise future results.
  • Hyperliquid is a relatively new network and trading platform. Liquidity or platform changes could affect the protocol.

Frequently asked questions

How do I start earning points?

Connect your wallet on the Monetrix website, swap USDC for USDM, then hold it, stake it as sUSDM, or deposit it into a liquidity pool on Hybra. You can also complete tasks in the Tasks section.

What are the point multipliers?

Holding USDM gives 2x points. Staking in sUSDM gives 5x. Providing liquidity to the USDC/USDM pool gives 10x, and the HYPE/USDM pool gives 15x.

When is the airdrop?

Monetrix has announced an airdrop date of June 10, 2026. Points earned now will influence how tokens are allocated at that time.

Do I earn anything besides points?

Yes. If you stake USDM, you receive the yield the protocol generates. If you provide liquidity, you earn trading fees from the pool, plus points.

Is the airdrop guaranteed?

No. The airdrop plan can change, and there is no guarantee that points will be converted to tokens or in what amounts.

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