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Magma Finance
Tier C

Magma Finance

Expected Gains
High
Time Required
Medium
Quest Nature
Technical, Financial
Funding Info
$3.95
Category:
WebsiteTwitterDiscord
67
Airdrop Score
Airdrop Dashboard

Project Overview

Magma Finance is a decentralized trading and liquidity hub leveraging the ve(3,3) model to create a sustainable and efficient liquidity ecosystem. It operates as a next-generation AMM DEX (Automated Market Maker Decentralized Exchange) designed for MOVE-based blockchains, with a focus on Mantle and Sui networks. Magma aims to provide efficient liquidity management, sustainable incentives, and innovative DeFi solutions, including DAO-owned liquid staking on Monad, allowing users to stake tokens and receive liquid staked assets while maintaining network participation and liquidity.

Guide

  1. Visit the Magma Finance platform (testnet or mainnet, depending on availability).
  2. Connect your wallet (compatible with Monad, Sui, or Mantle networks).
  3. Stake MON tokens (testnet or mainnet) via the Magma protocol to receive liquid staked tokens (gMON).
  4. Participate in liquidity provision or trading activities on the DEX to earn additional points.
  5. Refer friends using your unique referral link to earn referral bonuses.
  6. Track your points on the platform dashboard. These points are likely to determine your eligibility and allocation in any future airdrop or token distribution.
  7. Stay updated via official channels for announcements regarding the airdrop snapshot and distribution.

Maximize Potential

To maximize airdrop earnings, stake as many MON tokens as possible, participate actively in liquidity provision and trading, and use the referral program to invite friends. Engage early and consistently to accumulate more points, which are likely to influence the airdrop allocation[5].

Latest X Summary

Magma Finance: Volcanic Activity for Airdrop Hunters - August & July Updates!

Magma Finance is turning up the heat in the Sui ecosystem, consistently rolling out new avenues for users to earn valuable Magma Points, participate in crucial testnet phases, and even secure exclusive NFT whitelists. Airdrop hunters, pay close attention – the volcanic activity is high, and opportunities are flowing!

Key Takeaways for Airdrop Hunters:

  • Magma Points are King: The core of Magma's engagement strategy, points are regularly distributed for various on-chain actions and specific events, serving as a primary indicator for potential future rewards.
  • Testnet Wave 2 Approaching: Following a successful Phase 1, the next wave of testnet activity is on the horizon – a critical opportunity for early and deep engagement.
  • Exclusive NFT Claims & Whitelists: Participate in community events and contests for chances to earn highly sought-after "Beelievers" NFTs.

Recent Airdrop-Related Events & Point Distributions:

Magma Finance has been actively distributing points and running limited-time campaigns. Here’s a rundown of recent key events:

| Date | Event/Action | Reward/Outcome | Link August 2025 Updates | | August 1st | Testnet Wave 2 Incoming | Get ready for the next phase of Testnet, a prime opportunity for potential future airdrops. Also, expect "Surprise point events"! | Tweet Link | | August 1st | Magma Points for LPing | Provide liquidity (e.g., SUI-$USDC) to earn Magma points, alongside trading fees and eco incentives. | Tweet Link | | July 2025 Updates | | July 30th | Bonus Points Distributed | Extra points were recently given to active users, hinting at larger reward pools soon. | Tweet Link | | July 29th | Personal Referral Link LIVE | Share your unique link to earn rewards together. | Tweet Link | | July 29th | Beelievers NFT Winners (Meme/Art Event) | Top 20 winners announced. Claim via Magma Discord: open a ticket, submit Sui Wallet & entry link. | Tweet Link | | July 28th | $SUI One Day Hustle (Points) | 24-hr event: Swap $10+ SUI & daily check-in for a share of 1,000 points. | Tweet Link | | July 28th | Points Distributed & New Rules Hint | Points were distributed, with hints of "new rules" for upcoming earning events. | Tweet Link | | July 25th | Lucky Wallet Points Event | Swap $SUI + Deposit SUI-USDC (0.2% tier) if your wallet ended in 3/5/7 for 25 points (2-hr window). | Tweet Link | | July 24th | Points Distributed & Next Event Teased | Points from July 23rd event distributed. Next event teased for July 30th with more points & time. | Tweet Link | | July 23rd | 10-Minute Liquidity Rush (Points) | Deposit to $SUI-$USDC 0.2% pool in a 10-min window for 23 points (warned 24hrs prior). | Tweet Link | | July 22nd | Final Beelievers WL Opportunity | Quote tweet contest for a final chance at Beelievers NFT whitelist. | Tweet Link | | July 22nd | Beelievers NFT Winners (Original Contest) | Winners from an earlier Meme/Art contest announced. Claim via Discord. | Tweet Link | | July 22nd | Testnet Phase 1 Complete | Phase 1 successfully completed. "Next wave coming soon." | Tweet Link | | July 21st | Lucky Wallet Swap Points Distributed | 1,008 users received 8 points for July 18th $SUI swaps (wallet ends 2/4/8). | Tweet Link | | July 18th | MagmaRushHour Recap & Tease | Missed 16 points from a 10-min $SUI swap event. "Another Rush Hour is loading." | Tweet Link | | July 17th | Galxe Early Bird Zone Mention | RT about Galxe quests for "Early Bird Zone" perks. | Tweet Link | | July 16th | MagmaRushHour (Points) | Swap ANY $SUI in 10 mins for 16 points. | Tweet Link |

Ongoing & Upcoming Opportunities for Airdrop Hunters:

  • Magma Points: Continue to engage with the Magma DApp by swapping and providing liquidity (LPing), especially in pools offering Magma points. Perform daily check-ins. Watch for "MagmaRushHour" announcements for rapid point boosts and future "surprise point events."
  • Referral Program: Leverage your personal referral link to earn rewards by bringing new users to Magma Finance. (Tweet Link)
  • Testnet Wave 2: The upcoming Testnet Wave 2 is a crucial event. Participation in testnets is often a strong indicator for future airdrop eligibility. Stay tuned for official announcements on how to participate. (Tweet Link)
  • Galxe Quests: Engage with Magma Finance's Galxe quests for additional perks and potential future incentives in their "Early Bird Zone." (Tweet Link)

NFT Whitelist & Claim Status:

Magma Finance has recently announced winners for multiple Beelievers NFT whitelist opportunities:

  • Winners Announced: If you participated in their Meme/Art contests, check the announced winner lists. Winners need to claim their NFT via Magma's Discord by opening a ticket and submitting their Sui Wallet and entry link.
  • Past Whitelist Opportunity: A "Final Wave of WL" contest was held on July 22nd. Keep an eye out for potential future whitelist opportunities. (Tweet Link)

Conclusion:

Magma Finance is clearly building significant momentum with a strong focus on community engagement and an active Magma Points system. With Testnet Wave 2 on the horizon and continuous point-earning events, now is a prime time to get involved. Stay active on the platform, participate in their social contests, and keep a close watch on their announcements to maximize your potential rewards!

Tutorial Videos

Magma Finance Airdrop

Magma Finance Airdrop