What is Kittenswap?​

Kittenswap is a decentralized exchange (DEX) built as a fork of Velodrome, operating on the Hyperliquid layer 1 blockchain. The platform enables users to perform token swaps, provide liquidity to both volatile and stable pools, and participate in governance through pool voting mechanisms that determine reward incentives.

As a key player in the Hyperliquid ecosystem, Kittenswap brings the successful Velodrome model to a new environment, offering enhanced trading capabilities and yield opportunities. The platform’s architecture supports both standard volatile pools and specialized stable pools, catering to different trading and investment strategies.

Kittenswap Airdrop Details​

Kittenswap has officially confirmed its airdrop program and has launched a points program, which will distribute 20% of the total KITTEN token supply in the form of vote-escrowed KITTEN (veKITTEN). This governance-enabled token format ensures long-term alignment between token holders and the protocol’s development.

The airdrop eligibility encompasses three main user categories:

• Testnet participants who helped validate the platform
• Early mainnet users participating during the first epoch
• Holders of Hypurr NFTs, integrating NFT ownership into the reward structure

Kittenswap has also recently announced that the airdrop allocation has been increased to 30% from 20%.

Kittenswap has announced the launch of their MechaCats NFT collection on the drip.trade platform. Here are the key details:

Launch Details

• Date: Tuesday
• Time: 6pm UTC
• Platform: drip.trade

Be sure to visit the drip.trade platform at the scheduled time if you’re interested in participating in this NFT launch.

Step-by-Step Guide:

Latest Update: Kittenswap MechaCats NFT Launch on Drip.Trade​

Kittenswap has announced the upcoming launch of MechaCats NFT on Drip.Trade, with point holders receiving priority access. The point snapshot for eligibility has already been taken.

Launch Details​

• Platform: Drip.Trade
• Launch Timeline: Early next week
• Total Supply: 1,000 MechaCats NFTs

Minting Rounds​

1. Round 1: Points Holders Priority
   • Allocation: 500 MechaCats NFTs
   • Price: 4 HYPE per NFT
   • Eligibility: All Kittenswap point holders
   • Minting Cap: 4 NFTs per wallet
2. Round 2: Public Mint
   • Allocation: 500 MechaCats NFTs
   • Price: 6 HYPE per NFT
   • Eligibility: Open to everyone

Benefits​

• 1.25x multiplier boost on Kittenswap points
• Direct contribution to TGE (Token Generation Event)
• veKITTEN token allocation

How to Participate in the Kittenswap Airdrop​

1. Acquire HYPE Tokens
   • Visit Hyperliquid‘s HYPE-USDC spot market
   • Purchase HYPE tokens (recommended amount: >5 HYPE)
2. Bridge to HypeEVM Network
   • Navigate to the “Send” section in Hyperliquid’s app
   • Enter the destination address: 0x2222222222222222222222222222222222222222
   • Select your desired HYPE amount to bridge
3. Configure HypeEVM Network Settings
   • Open your wallet settings
   • Add a custom network with the following parameters:
     • Network Name: Hyperliquid
     • RPC URL: https://rpc.hyperliquid.xyz/evm
     • Chain ID: 999
     • Currency Symbol: $HYPE
4. Interact with Kittenswap
   • Connect your wallet to Kittenswap
   • Perform token swaps (HYPE to WHYPE, stHYPE or PAWS)
   • Add a small amount of liquidity to the WHYPE/PAWS pool
   • More liquidity pools (e.g., HYPE-stHYPE) will be added soon
5. Maximize Participation
   • Visit the “Points” section
   • Get your unique referral link
   • Share with your network to increase potential rewards
   • Earn 30% of all points your invites earn
   • Get a 10% bonus by using a referral code

UPDATE: A snapshot of Kitten points will be taken on Tuesday (March 4th). Check the announcement.

Tips for Maximizing Airdrop Rewards​

• Maintain consistent activity on the platform
• Diversify your participation across different features
• Monitor Kittenswap’s X account for updates about voting and reward gauges
• Provide liquidity to multiple pools when available
• Refer friends and use a referral code to get a 10% points boost

Frequently Asked Questions​

What is veKITTEN?
veKITTEN is the vote-escrowed version of the KITTEN token, providing governance rights and potential additional benefits within the Kittenswap ecosystem.

How much of the total supply is allocated for the airdrop?
20% of the total KITTEN supply will be distributed through the airdrop program.

Do I need to hold tokens for a specific period?
Currently, specific holding periods haven’t been announced. Follow Kittenswap’s official channels for updates on vesting or holding requirements.

What happens after the first epoch?
Details about subsequent epochs and continued participation requirements will be announced through Kittenswap’s official channels.

Conclusion​

The Kittenswap airdrop presents a significant opportunity for users to participate in a new DEX platform on Hyperliquid‘s L1. By following the provided steps and maintaining active participation, users can position themselves for the veKITTEN distribution while contributing to the platform’s growth and development.

Stay tuned to Kittenswap’s official announcements for updates on voting mechanisms and additional features that may affect airdrop participation.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

• Airdrop Link: SWAP ASSETS & REFER FRIENDS

• Total value: n/a

• Airdrop confirmed

• Platform: hyperliquid

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