Monetrix

How to Farm the Monetrix Airdrop

Step 1: Mint USDM With USDC

Open the Monetrix app and connect your Hyperliquid wallet. Deposit USDC and you receive USDM 1:1. Genesis Vault depositors should claim their deposited USDC as USDM on the Genesis page first, since early depositors mint ahead of the public window. If you didn’t participate in the Genesis, then get some USDC from Binance and bridge to HyperEVM via Rhino.

Step 2: Stake USDM Into sUSDM

Stake your USDM to receive sUSDM. This is where yield accrues, through the rising sUSDM/USDM exchange rate, and it carries the 5x Season 0 multiplier. Staking is the biggest multiplier jump available without adding liquidity, so most farmers stake rather than hold idle USDM.

Step 3: Provide Liquidity on Hybra

Add liquidity on Hybra, one of the top fee generators in the Hyperliquid ecosystem, to push your multiplier higher. Two pools count toward Season 0:

• USDC/USDM: stablecoin pair with lower price risk, earns a 10x multiplier
• HYPE/USDM: pairs Hyperliquid’s native token with USDM, earns a 15x multiplier

Step 4: Invite Friends With Your Referral Link

Grab your referral link inside the app and share it. Anyone who joins through your link gets a 10% points boost, and you earn 10% of their Season 0 points on top of your own. Referrals stack, so an active circle of invitees can meaningfully lift your total.

Step 5: Hold and Track Your Season 0 Points

Keep your positions active and check the app weekly when points refresh. There is no separate dashboard yet, so the in-app balance is the source of truth, and consistency across the season tends to matter more than one large deposit.

Tips for Maximizing Your Season 0 Points

Stake instead of holding. Idle USDM earns 2x while sUSDM earns 5x for the same capital, so stake unless you need USDM liquid.

Weigh the 15x pool carefully. HYPE/USDM pays the top multiplier, but HYPE volatility and impermanent loss can eat into principal, whereas the 10x USDC/USDM pool gives most of the upside with far less price risk.

Build a referral circle early. Earning 10% of an invitee’s points compounds over the whole season, so referrals you bring in now are worth more than late ones.

Account for the redemption cooldown. USDM redeems to USDC through a withdrawal queue, and exiting Genesis positions early reduces earned points, so plan your exit before committing capital you might need soon.

Frequently Asked Questions

When is the Monetrix airdrop?

Monetrix has not announced an airdrop or a token generation event. A Season 0 points program is live alongside mainnet, and points may factor into a future distribution, but no date or conversion has been confirmed.

Is the Monetrix airdrop free to farm?

Earning Season 0 points requires holding USDM, which you mint with USDC, so you need capital rather than a fee. There is no paid entry, but minting, staking, and providing liquidity all involve real funds.

How do Season 0 points work?

Points reward holding, staking, and providing liquidity, scaled by multipliers from 2x for holding USDM up to 15x for HYPE/USDM liquidity on Hybra. They update weekly in the Monetrix app.

Will Monetrix have a governance token?

No governance token has been announced. The protocol currently runs only USDM and sUSDM, and any future token would be a separate decision the team has not confirmed.

Can I withdraw my USDC at any time?

USDM redeems back to USDC, but redemptions pass through a withdrawal queue rather than settling instantly. Exiting Genesis Vault positions before mainnet minting can also reduce points you have earned.

Conclusion

Monetrix gives stablecoin holders a way to earn Hyperliquid-native yield on USDM while building a Season 0 points balance that could matter if the protocol distributes a token later. The highest-leverage moves are staking USDM into sUSDM for the 5x multiplier and adding liquidity on Hybra for 10x to 15x, with referrals stacking on top. It also fits neatly alongside other Hyperliquid ecosystem airdrops if you are already farming HyperEVM.

Nothing about a token is confirmed, so treat this as positioning rather than a sure thing. Mint early to claim priority access, keep positions active through the weekly point refreshes, and mind the redemption queue before committing capital.

Monetrix Genesis Early Access Opened on May 27 (Ended)

Monetrix Genesis, the early access phase ahead of mainnet, opened on May 27 at 1:00 PM UTC and runs for 14 days Genesis depositors earn GEMs, the campaign’s core participation unit, with a fixed cap of 10 million total supply backed by a dedicated allocation to prevent dilution.

To join Genesis:

1. Complete the Genesis Signal tasks
2. Open the Monetrix Genesis page and deposit USDC (you can purchase USDC directly from Binance or bridge using Rhino.fi bridge)
3. Keep your deposit active, since both deposit size and duration build your Genesis weight

What Genesis participants will receive:

• Daily GEMs: 330,000 GEMs distributed each day, shared across depositors on a time-weighted and size-weighted basis
• Genesis SBTs: Tiered, non-transferable credentials based on GEMs Rank and deposit size; deposits held over 3 days qualify for size-tiered SBTs
• Mainnet priority: Genesis depositors get first access at mainnet launch and can claim USDM, redeemable 1:1 for USDC through the protocol redemption flow

USDC deposited during Genesis can be redeemed back at any time through the Genesis redemption flow.

Genesis Signal Campaign (Ended)

Step 1: Visit the Genesis Signal Page

Go to the Monetrix Genesis Signal page and connect the wallet you want associated with your Pioneer SBT.

Step 2: Verify Your Wallet

Sign the gasless verification message to confirm wallet ownership. No transaction is broadcast and no fee is charged at this stage.

Step 3: Connect Your X Account

Link your X profile through the in-app authentication flow. Your X handle is what gets engraved onto the Pioneer SBT, so use the account you actually want tied to the credential long-term.

Step 4: Follow Monetrix on X

Open Monetrix on X (@monetrix_xyz) and follow the account. Return to the mission page and click verify so the task registers.

Step 5: Subscribe to Announcements and Join Discord

Two parallel social tasks:

• Subscribe to the Monetrix Announcements channel on Telegram
• Join the official Monetrix Discord server

Verify each one inside the mission tracker once you’ve joined.

Step 6: Amplify the Genesis Announcement

Repost or quote the pinned Genesis announcement from @monetrix_xyz. The mission tracker auto-detects the share through your linked X account.

Step 7: Claim the Pioneer SBT and Invite Codes

With all six missions verified, return to the dashboard and claim the Pioneer SBT. You’ll also receive five Genesis invite codes that can be distributed to others ahead of the main Genesis opening.

Step 8: Prepare for Genesis

Once Genesis opens, depositing USDC to mint USDM and staking to sUSDM is expected to be the core path for accruing GEMs. Watch the official channels for the exact opening date and any deposit caps.