Antarctic
C Tier✓ TOKEN CONFIRMED
LATEST UPDATE · OCTOBER 27, 2026
AX Points Season 1 since Jun 8, 2026. 8% airdrop announced. TGE undated.The numbers
Expected FDV
$200m
$80m – $400m
Airdrop pool
$16m
8%, announced
Team score
4/10
founders, exits, backers, flags
Token window
ATTX TGE undated
points live 5 months
$10m$100m$1b$10b
How we got the FDV: $329m of open interest and $8b of 30-day volume, discounted for an off-chain book, an anonymous CEO and an 8% airdrop.
Big venue, small drop, unknown team. Skip unless you are already there.
The pool is capped by the 8% announcement, which is a loser-pattern number (GRVT 28% vested, Opinion 3.5% at TGE, Antarctic 8%). Zero audits, anonymous CEO.
Cut it if: it already is. Only keep positions you would hold anyway.
What is Antarctic?
An off-chain perpetuals exchange with $329m of open interest. $7M raised at a $70M valuation in September 2026 from Republic Crypto, Lucidity and Valisa. AX Points Season 1 has run since June 8, 2026 at 1 point per $1k times a tier score; the airdrop is 8% of ATTX supply, paid in batches after an undated TGE.
Airdrop parameters
POINTS / CLAIM END
TGE undated
ALLOCATION
8% of 100M ATTX to points (docs), released in batches after TGE; 45% incentives, 8% seed, 8% private, 8% team
METHOD
$1 of volume = 1 AX point × a rolling 30-day Contribution Score (recency, referee volume, positive PnL, leverage, liquidations penalize, profile and social completion, LP)
TGE
Undated
ACCESS
Open; Web2 login or EVM wallet, no KYC, no geo-block stated. Deposit USDT from Arbitrum, Ethereum or BNB; min 10 USDT. Users report withdrawal delays (DefiLlama banner).
CHAIN
Off-chain
How to farm
01
Sign up, link X and Discord, deposit 10+ USDT
Arbitrum, Ethereum or BNB. Use a referral code at signup; never self-refer.
02
Trade maker-heavy and keep 30-day PnL positive
2 bps maker / 5 taker. Moderate leverage; liquidations cut your score.
03
Park USDT in the AMLP vault for ATTX yield
7-day unlock. Counts toward the Contribution Score.
04
Don't size it
8% to community with an anonymous team and withdrawal-delay reports is a bad shape. Keep it incidental.