Theo Airdrop: tasks and status

updated 29 Jun 2026
DeFi

About the project

Theo is a framework to seamlessly leverage positions. Theo's Straddle is a delta-neutral, dollar-denominated vault that uses both Hyperliquid and Aave to capture Ethereum perpetuals' funding rates with leverage. It operates in weekly rounds where users deposit ETH, which is supplied to Aave. USDC is borrowed and used to shorten ETH while maintaining a balanced position. The vault rebalances automatically based on price movements, ensuring neutrality. Deposits and withdrawals occur at the start of new rounds, enabling flexible participation.

Funding

$20M raised · 11 investors

  • Hack VC
  • Mirana Ventures
  • Amber Group
  • MH Ventures
  • MEXC
  • Anthos Capital
  • Selini Capital
  • Manifold
  • SCB Limited
  • Metalayer Ventures
  • Flowdesk

Step-by-step checklist

How to qualify for the airdrop Open steps: 3 of 7
  1. 01 Point farming (Season 2) Starts 17 Aug 2025 Open
  2. 02 thUSD Points Program Starts 25 Jun 2026 Open
  3. 03 Guild tasks Open
  4. 04 Genesis Pre-Deposit Campaign Starts 10 Mar 2026 — Ends 17 Mar 2026 Completed
  5. 05 Galxe: Theo's thUSD Genesis Announcement Starts 09 Mar 2026 — Ends 29 Apr 2026 Completed
  6. 06 Galxe: Theo's thUSD Launch and Predeposit Starts 26 Feb 2026 — Ends 30 Mar 2026 Completed
  7. 07 Point Farming (Season 1) Completed

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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