N1 airdrop

N1 (formerly Layer N) is a Layer 1 built to give onchain trading a CEX-grade experience - high-performance execution, minimal cost, and full decentralization, with a built-in data availability layer and a modular architecture. In practice that means trading 20+ pairs with up to 20x leverage on a chain designed for financial applications rather than general-purpose compute.

Update (October 2026): N1 now runs one bigger points program, and 01 is part of it. On July 8, 2026 N1 announced it is acquiring 01 Exchange and moved trading to app.n1.xyz; points earned on 01 are recognised and convert when the program ends. N1 Points launched on August 11, 2026: 75 million points a week for 26 weeks, plus 37 million points across retroactive weeks, ending no later than Q2 2027. The earlier 10,000,000-point first phase that ran through Q3 2026 is over. Points are widely read as the basis for a future airdrop, but no token has been announced, so this stays a speculative prospect. Background on the merger: 01 is now part of N1 .

My take: N1 is one of the clearer points programs on our list, because it has a fixed weekly schedule and an end date. If I were starting today with a small budget, I'd trade small, delta-neutral size every week rather than forcing volume, since the cost of volume decides whether this pays. Where I'd be careful: no token is announced, so I'd never spend more in fees than I'm happy to lose.

The backing is serious for a chain this early. N1 raised $7M from Solana Ventures, dao5 and Founders Fund among others, and secured a $20M liquidity program from Amber Group. That last one matters more than it looks: a market maker committing liquidity is what turns a fast chain into a usable trading venue, and it is the difference between a testnet-grade book and somewhere you can actually size a position.

How to farm it. Trade. Points accrue from platform activity, so the lever is volume, and the constraint is cost of volume. The efficient version is the same structure that works across the perp cluster: keep positions delta-neutral so you are paying fees and funding rather than taking directional risk, and reuse the same capital base across venues. Hedge against zero-fee Lighter , automate maker-only flow on Arbital where you can earn rebates instead of paying fees, and keep Variational in the rotation for its confirmed 32% genesis airdrop to points holders. One capital base, several prospects, and N1's phase deadline gives you a reason to prioritise it.

Start here: app.n1.xyz.

Risks worth naming. Up to 20x leverage means liquidation risk, and manufacturing volume to farm points is the classic way people lose more than any airdrop returns. The token is unannounced, so the points may convert to less than the market assumes, or later than expected. A first phase capped at 10M points also means your share is a function of how many people show up before Q3 ends. And a young chain carries the usual smart-contract and bridge risk - only use official domains, and never sign what you did not initiate.

Farm the volume by driving: tiny auto-closed trades on your own keys. Practice free first. Or use the link below.