Today’s News Headlines:
Nasdaq reportedly in talks for tokenization partnership
Etherscan launches Flow, visual transaction tracing tool
Velocity launches Beta Round 2 & DFX recovery plan
Compound launches institutional USDC lending, up to 87% LTV
Bybit launches 24/7 currency pair per petuals
Morpho Midnight goes live, fixed-term fixed-rate credit
Pendle adds second pool on Robinhood, sNUKE
TermMax launches options markets on RH Chain, BNB
Pick your section on news.todayindefi.com — News, Onchain Analysis, Airdrops, Farms, Guides — and get only the content relevant to what you actually trade.
This week’s airdrop recap:
Claim now: GRVT tranches unlock on a 30-day window — miss it, lose it permanently
Best farm: Fables’ 6-week points season on Robinhood Chain ends Oct 5 — LP in-range to earn
Watch: Polymarket just launched Perps at 20x leverage — still no confirmed token
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Airdrop Claims 🪂:
GRVT — Claim Your Tranche (30-Day Window, No Make-Up)
Required registration by mid-to-late July with a chosen multiplier plan (1x/2x/4x). Tokens unlock in tranches over ~12 months — each with a 30-day claim window that is permanently forfeited if missed; no recovery.
Log in to your GRVT trading account and check your allocation plus next tranche expiry date now.
Official link: grvt.io/exchange/reward-portal
⚠️ Missing any 30-day claim window permanently forfeits that tranche with no recovery. Geo-blocked jurisdictions apply — VPN gaming can void your eligibility. Only use the official grvt.io/exchange/reward-portal and verify via @grvt_io.
⚠️DISCLAIMER NOTICE⚠️ A note before the next section:
New protocols often carry the most attractive airdrop odds, early TVL, thin points competition, and generous multipliers. But that same immaturity is exactly what makes them risky.
Smart-contract exploits, depegs, insolvent yield strategies, and outright project failure happen disproportionately in a protocol’s first 3–6 months (we’ve seen it play out with Dango and others in this very letter). Nothing here has a multi-year track record.
Treat every entry below as capital-at-risk, not “free points”. Size positions like you could lose them entirely, and never deposit more than you’re fully prepared to write off.
Airdrop News/Updates &
Polymarket Perps — Launched, No Confirmed Airdrop
Polymarket launched Perps, adding leveraged perpetuals across crypto, equities, indices, and commodities with up to 20x leverage. Markets expanded from ~10 to 67 within days, while US and Canada users remain blocked and routed to the CFTC-regulated polymarket.us affiliate.
There is no official points program or confirmed airdrop. Polymarket’s docs explicitly deny a token or announced airdrop, despite CMO comments that a coin and airdrop are coming and recent POLY/$POLY trademark filings. Treat circulating “airdrop multiplier” claims as speculation.
What’s real is pUSD-denominated rewards: prediction-market makers can earn liquidity rewards and rebates, eligible positions receive ~4% annualized holding rewards, and Perps liquidity providers share a $75K/day maker rewards pool based on maker share, spread, two-sided quoting, and uptime.
For a potential future $POLY, focus on genuine recurring volume, maker activity, multiple markets, and early Perps usage rather than short-term wash volume. Account consistency may also matter if Polymarket adopts strict anti-sybil filtering
Official link: https://polymarket.com/perps/asset/btc
⚠️ No airdrop confirmed in writing — official docs actively deny one.
Regulatory risk is real and live: 20+ states are fighting over whether this constitutes gambling, with the Ninth Circuit already siding with states in that framing — Perps for US users could stay locked or get downgraded. Standard leverage risk applies at 20x with hourly funding — this becomes a liquidation farm fast if treated as free points.
Event market resolution carries oracle/dispute risk distinct from simple crypto mark pricing. Sybil filters will likely be harsh if Hyperliquid-style patterns are followed — wash volume and bot activity have already been alleged in earlier Polymarket periods.
Political key-man risk exists given the ICE and Trump-adjacent capital structure. Fake “$POLY claim” sites will proliferate — only use official polymarket.com and polymarket.us.
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New Opportunities:
Fables — Dynamic-Fee Hooks on Robinhood Chain (Points + Precursor Token)
Fables is a Uniswap v4 hook layer on Robinhood Chain that dynamically adjusts fees around stock-market closures and volatility. Live since mid-August across tokenized stocks, ETH, and gold, it has seen $10M+ in deposits and $200M in week-2 volume. The team is small and independent, without major institutional backing.
Two tokens exist: $PROLOGUE is live and acts as a precursor/warrant, designed to convert into $FABLES at TGE at a stated >40:1 ratio, representing 2.5% of the total FABLES supply.
$FABLES is the actual governance token and has not launched, with an October 5 TGE target that remains unconfirmed.
The actual farming opportunity is LPing on fables.fi. Chapter 1 distributes 1B points over six weeks, with 900M for LPs and 100M for referrals. Points are based on actual swap fees generated, meaning out-of-range liquidity earns nothing — active, high-fee pairs are the focus.
Official link: https://www.fables.fi/markets
⚠️ No named third-party audit exists for the hooks/AccessManager stack — a real gap. TGE date already softened from a target to “unconfirmed.”
PROLOGUE is a thin, volatile warrant token (50%+ moves in single days), not equivalent to holding FABLES — if TGE slips or the ratio changes, PROLOGUE eats that risk immediately while points farmers can just wait.
Note: the >40:1 conversion ratio and the 115M-liquid/25M-PROLOGUE-redemption breakdown come from third-party trackers, not Fables’ own docs, which reportedly haven’t finalized conversion terms — treat these as best-available estimates, not locked mechanics.
A separate, disavowed meme called $FABLE (no S) exists — verify ticker and contract address every time.
Only 115M FABLES is liquid at TGE (per current estimates), and PROLOGUE redemptions alone account for ~25M before points holders get their share. Uniswap still dominates Robinhood Chain volume, so Fables could lose the routing war once incentives end.
No redemption contract is deployed — any “claim FABLES” link right now is a scam. Only use official fables.fi and @fablesfi.
Arcus — Robinhood Chain RWA Perps DEX
Arcus is a Robinhood Chain DEX built by dYdX Labs and Robinhood Crypto, offering 24/7 tokenized stocks, cross-margined perps up to 50x, and pTokens for leveraged positions. Off-hours equity perps require extra margin, with restricted jurisdictions blocked.
Robinhood is a strategic investor and distribution partner, but Arcus is separate from dYdX Chain and $ DYDX. A future dYdX token may reward past traders, stakers, and validators, though details are unconfirmed. No official Arcus points program exists, but the team said a separate Arcus token is coming.
For farming, trade Stock Tokens with 0% spot fees, use available perps, or deploy pTokens. Waitlist scoring includes prior volume on dYdX, Hyperliquid, and Lighter, plus RWA volume and referrals. You can connect multiple wallets to aggregate history.