The Farmers Market

Valhalla

Perp DEX Speculative $$$

Real-time on-chain perp DEX on MegaETH — capital-efficient with yield collateral, Hyperliquid-style points model

Farming Overview

Farming Stage Very Early
Chain MegaETH
Product Perpetual Futures
Raised $1.5M Pre-seed
Investors Robot Ventures, Miton C, Kronos
Points Announced

Key Statistics

Network MegaETH
Protocol Type Perpetual Futures DEX
Pre-Seed $1.5M
Investors Robot Ventures, Miton C, Kronos
Points Program Announced

How to Farm Valhalla

  1. Trade perpetual futures on Valhalla to build volume history before points program goes live
  2. Use yield-bearing assets as collateral for capital-efficient leveraged positions
  3. Join referral programs and early access campaigns — referral-based testnet already active
  4. Engage in Discord and follow announcements for points program activation date
  5. Try permissionless token listing feature to demonstrate protocol engagement beyond basic trading

Why Farm Valhalla?

  • Hyperliquid-style points model proved enormously successful — Valhalla follows the same playbook
  • Only perp DEX on MegaETH besides World Markets — limited competition for ecosystem position
  • Robot Ventures backing signals quality — they've backed multiple successful DeFi protocols
  • Points program announced but not yet live — getting positioned early is the alpha
  • MegaETH's 10ms blocks enable a uniquely responsive perpetual trading experience

About Valhalla

Valhalla is a real-time fully on-chain perpetual futures DEX on MegaETH. It introduces capital-efficient features like using yield-bearing assets as collateral, under-collateralized positions, and advanced hedging tools. The protocol supports permissionless token listing, allowing anyone to create new perpetual markets. Raised $1.5M in pre-seed from Robot Ventures, Miton C, and Kronos. A points program has been announced, following the Hyperliquid play-for-points model.

Fee Structure

Taker Fee Standard perp taker fees (details TBA)
Maker Fee Reduced or rebate for limit orders
Collateral Yield-bearing assets accepted as margin
Market Listing Permissionless — anyone can create perp markets
Gas Fees Sub-cent on MegaETH (~$0.001/tx)

Key Features

  • Fully on-chain perpetual futures with real-time settlement on MegaETH
  • Capital efficiency: yield-bearing collateral and under-collateralized positions
  • Permissionless market creation — anyone can list new perpetual trading pairs
  • Advanced hedging tools for sophisticated DeFi strategies
  • Follows the Hyperliquid model: trade-to-earn points → token distribution

Points Program

  • Points program officially announced — follows Hyperliquid's proven play-for-points model
  • Trading volume and activity expected to be primary point-earning criteria
  • Referral-based testnet already active — early participants building pre-launch positioning
  • Permissionless market creation may provide bonus engagement points
  • Yield-bearing collateral usage likely earns additional point multipliers

Farming Strategy

  • Start trading perps now to build volume history before the points program officially activates
  • Use yield-bearing assets as collateral to earn passive yield while trading — capital efficiency advantage
  • Try the permissionless token listing feature to demonstrate deep engagement beyond basic trading
  • Join the referral-based testnet program to secure early access and referral rewards
  • Follow Discord and announcements closely for points program activation date — day-one participation matters

Similar Perp DEX Protocols

Frequently Asked Questions

What is Valhalla and how does it work?

Valhalla is a real-time fully on-chain perpetual futures DEX on MegaETH. It introduces capital-efficient features like using yield-bearing assets as collateral, under-collateralized positions, and advanced hedging tools. The protocol supports permissionless token listing, allowing anyone to create new perpetual markets. Raised $1.5M in pre-seed from Robot Ventures, Miton C, and Kronos. A points program has been announced, following the Hyperliquid play-for-points model.

How do I farm the Valhalla airdrop?

To farm the Valhalla airdrop, you should: Trade perpetual futures on Valhalla to build volume history before points program goes live. Use yield-bearing assets as collateral for capital-efficient leveraged positions. Join referral programs and early access campaigns — referral-based testnet already active. Engage in Discord and follow announcements for points program activation date. Valhalla is currently in the very early farming stage with speculative airdrop status.

What is the expected value of the Valhalla airdrop?

The Valhalla airdrop has an expected value rating of 3 out of 5 ($$$). The farming stage is very early and the airdrop status is speculative. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm Valhalla?

Hyperliquid-style points model proved enormously successful — Valhalla follows the same playbook Only perp DEX on MegaETH besides World Markets — limited competition for ecosystem position Robot Ventures backing signals quality — they've backed multiple successful DeFi protocols