The Pit App Airdrop: tasks and status

updated 05 Oct 2026

The Pit App is a derivatives trading platform built on Hyperliquid where early users can build trading activity and potentially qualify for an airdrop when a points scheme launches. The project rewards traders who use the platform actively and refer others to join.

Exchange

About the project

About The Pit App

The Pit App is a cryptocurrency derivatives trading platform operating on the Hyperliquid ecosystem. It offers a mobile-first experience for traders interested in perpetual futures and other derivative instruments. The platform is currently in beta, with its mobile app available for both iOS and Android users.

The app presents an opportunity for early adopters to build their trading history and volume before a formal rewards or points scheme is introduced. This means activity you complete now can potentially earn retroactive rewards once such a program launches.

How the Airdrop Works

The Pit App operates as a points-based system, though the exact mechanics are still being finalized. Traders earn by completing two main activities: trading on the platform and inviting others to join. The more you trade and the more people you refer, the more potential rewards you accumulate.

Since the points scheme is not yet active, any trading volume you generate now will be recorded and counted retroactively once the program officially launches. This gives early users a significant head start. Active traders who refer other users through their unique referral link may receive additional benefits.

What It Takes

Participation requires downloading the mobile app and making a deposit to start trading. The typical cost to participate is around 50 USD to get started, though this can vary based on your trading strategy. The initial setup and basic trading activity takes approximately 20 minutes.

Beyond the first deposit, your main commitment is active trading. There is no strict requirement for how much you must trade, but earning meaningful rewards will likely require consistent platform use and volume accumulation. Those interested in maximizing rewards should also share their referral link to bring other traders into the ecosystem.

Early Access Through the Waitlist

Before the full app launch, The Pit offered a waitlist program to help early supporters prepare for trading. Those who joined early received bonus trading funds to use when the platform went live. While this phase has closed, new users can now download the app directly and begin trading immediately.

Step-by-step checklist

How to qualify for the airdrop Open steps: 1 of 2
  1. 01 Start Trading on The Pit App Starts 09 Sep 2026 Open
  2. 02 Join the Waitlist for Bonus Funds Starts 25 Jun 2026 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 through a points scheme are not yet active and there is no guarantee they will launch or what they will be worth.
  • Trading derivatives involves significant risk of losing your initial deposit if markets move against your positions.
  • The app is still in beta, so there may be bugs, performance issues, or unexpected downtime.
  • Retroactive reward counting depends on platform records; any dispute over your trading history could affect your airdrop eligibility.

Frequently asked questions

Will my trading activity count toward rewards if I start now?

Yes. The Pit has stated that trading volume completed during the beta phase will be counted retroactively once a points scheme is officially introduced. This gives early traders an advantage.

How much do I need to deposit to start?

The estimated cost to begin is around 50 USD, though the amount you deposit depends on your trading strategy and risk tolerance. You control how much you fund your account.

Can I earn rewards by just making a deposit without trading?

No. Rewards are earned through active trading and by referring other users to the platform. Simply holding a funded account will not generate rewards.

Is there a referral program?

Yes. You can copy your referral link from the app settings and share it with other traders. Inviting users to join through your link may provide additional benefits once a rewards scheme is active.

What happens if the points scheme never launches?

There is no guarantee that a formal rewards program will be introduced. The airdrop is contingent on The Pit implementing a points scheme in the future. Participation carries the risk that no airdrop may materialize.

Similar airdrops

BacktradePapertradeElysiumMonetrix USDMidas MarketsOutcome