Monetrix USD Airdrop: tasks and status

USDM updated 24 Sep 2026

Monetrix USD airdrop — status, investors, key facts and a step-by-step task checklist on CoinDropster. Track your progress and never miss a snapshot.

Stablecoin

About the project

USDM is a stablecoin issued by Monetrix that automatically generates yield for holders through a "basis dollar" strategy, capturing funding spreads and market-making rebates on Hyperliquid. It uses dynamic rebalancing between funding yield, BLP yield, maker rebates, and HLP to maintain sustainable APY (currently ~17.52%). The protocol operates with full transparency — every position is verifiable on Hyperliquid — and has no counterparty risk, as funds are never stored on centralized exchanges. The yield is real protocol revenue, not incentive farming.

Step-by-step checklist

How to qualify for the airdrop
  1. 01 Point Farming 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.

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