What is Onchain.cc?

Onchain.cc is a decentralized trading platform developed by Bitso, a well-established cryptocurrency exchange in Latin America since 2014. It provides users with a self-custodial trading terminal that consolidates various trading markets, including spot trading, memecoins (referred to as “Trenches”), and perpetual futures, all in one user-friendly interface. The platform covers a plethora of chains, offering easy access to more than 14 different blockchain ecosystems.

With competitive trading fees of 0.15%, Onchain.cc facilitates rapid order execution, averaging under 400 milliseconds for memecoin transactions, while also implementing Maximum Extractable Value (MEV) protection specifically for Solana and EVM-compatible chains.

The perpetual trading options are powered by Hyperliquid’s L1 architecture, allowing access to over 300 perpetual markets that feature substantial on-chain liquidity. The terminal supports trading on popular chains such as Solana, Ethereum, Base, BNB Chain, and Arbitrum. As of now, the platform is operational on the mainnet, conducting active trading sessions and hosting a competitive program called the Colosseum, which features weekly prize pools in USDC for accomplished traders.

Onchain.cc Airdrop Information

Currently, the Onchain.cc team has not announced any plans for a native token or a corresponding token airdrop. However, the platform’s unique Colosseum points system, along with its various trading sessions and leaderboards, suggests a potential for retroactive rewards. This approach has been successfully adopted by similar trading platforms that have previously distributed tokens to early users based on their trading volumes.

Key Parameters:

• Distribution Method: Points-based system (Colosseum rank, session participation, social metrics)

The first season of competitive trading holds a prize pool exceeding $300,000 USDC, which is allocated among weekly sessions and overall performance rankings at the season’s conclusion. Traders accumulate points through trading volume, completing designated challenges, and achieving high scores in social engagement, with additional multipliers from their Colosseum rankings. Even in the absence of a dedicated token, active traders are rewarded with weekly USDC payouts based on their session performance.

If you are interested in discovering more projects that lack a native token but may offer governance tokens as rewards to early adopters, consider looking into our curated list of potential retroactive airdrop opportunities in DeFi to stay ahead of the curve.