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A List of DEXs With No Tokens Yet—Potential Airdrop? | Tokenless Dex List

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Article updated on Jan. 15, 2025

In our recent article, BitPinas listed different online, non-custodial wallets that do not have their own native tokens yet. It was noted that once these wallets introduce their tokens, a massive airdrop might happen. 

  • This is because a wallet’s native token is sometimes used for transaction fees, gas fees, and network fees every time a trade has been executed on a decentralized exchange (DEX). 

But it should also be emphasized that the token used to pay fees has been decided by the DEX. Thus, this article seeks to list down the DEXs available in the market without their own native tokens yet—implying (or not implying) a future airdrop at some point.

(Also check out: Top List of Upcoming 15+ Crypto Airdrops of 2025 and Top Crypto Wallets With No Tokens Yet | Airdrop Soon?)

Note: The list is just compiled from speculation within the crypto community. The projects below may or may not announce airdrops in the future.

DEXs With No Native Tokens Yet

Ambient Finance

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Formerly known as CrocSwap, Ambient (https://ambient.finance/) is a DEX that allows for two-sided automated market maker (AMMs), “combining concentrated and ambient constant-product liquidity on any arbitrary pair of blockchain assets.”

  • Feature: It offers a gasless transaction, where the user pays in the swapped token through EIP-712 off-chain standard.
  • Supported Wallets: MetMask, Rabby, and Brave. 

Airdrop Update: Ambient Finance is now hosting its XP points system at https://ambient.finance/xp-leaderboard

  • As of this writing, it is not yet revealed on where these points will be used.

SyncSwap

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SyncSwap (https://syncswap.xyz/) is a zkSync-based DEX. It claims to offer users to experience 100x scaling with lower gas while enjoying Ethereum’s security. 

  • Developer Statement: “SyncSwap is a community-driven and user-centric project. The mission of SyncSwap is to bring easy-to-use DeFi and the benefits of scaled Ethereum to more people and help the mass adoption of zero-knowledge technology, Ethereum, and Web3.”
  • Supported Wallet: Bitget Wallet, Wallet Connect, and Token Pocket. 
  • Airdrop Update: Speculated. The token generation event of $SYNC is expected to happen this year.
    • On an X post, the team said, “0% share of SyncSwap token will be owned by VCs, and 100% ownership belongs to the community.”

Bebop

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Bebop (https://bebop.xyz/) is a DEX that claims to support any token trade of any size. It offers APIs for dApps to integrate its DEX features. 

  • Feature: The network fee is also not shown, as it is already charged with the trade. 
  • Supported Wallet: Zerion, MetaMask, Rainbow, WalletConnect, and Coinbase Wallet. 
  • April Update: Bebop still has no token.
    • There is an activity-tracking feature (https://bebop.xyz/activity) within the platform, which makes the community speculate for an upcoming points system because trading activities are being monitored.

Slingshot

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Slingshot (https://slingshot.finance/) is a DeFi app that allows users to trade for over 40,000 tokens, with allegedly 0% swap fees. 

  • Feature: It also claims to offer the performance and ease of CEX and the transparency of DEX at the same time. 
  • Supported Wallets: Slingshot Wallet, MetaMask, Brave Wallet, WalletConnect, Coinbase Wallet.
  • Airdrop Update: Speculated. 

Satori Finance

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Satori (https://satori.finance/) is a perpetual protocol and a decentralized financial derivatives platform built on Polygon zkEVM, zkSync, and Scroll.

  • Feature: It features an order book model, adding that this product is in collaboration with many market makers to “provide comprehensive exposure to a wide range of assets.”
  • Supported Wallets: Coinbase Wallet, WalletConnect
  • Airdrop Update: After receiving $10 million in a seed funding round, Satori Finance started hosting a points system at https://trade.satori.finance/leaderboard.
    • The points will depend on volume traded, TVL deposited and trades completed. 
    • It is not yet disclosed where these points will be used.
    • The first season of the campaign ended on December 7, 2024. 
    • The second season will start soon. 

Thunder Terminal (Now Azura)

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Thunder (https://thunder.gg/) is an on-chain automation trading terminal that has rebranded into Azura (https://azura.xyz/). 

  • Referral Program: It also has an active referral program, which grants the referrer 10% of the transaction fees that the referent generates.
  • Supported Wallets: MetaMask, Coinbase Wallet, WalletConnect
  • Airdrop Update Update: Speculated. Azura has a rewards system known as Azurite, but no revelations yet on where these points will be used. 

Tips to Secure Airdrop on DEXs

We already know that some airdrops require users to use a platform’s products and services. 

  • It is also applied to securing rewards on these DEX’s potential airdrops in the future. 

Collectively, the most common product of these DEXs is trading—buying, selling, and swapping token pairs is a plus to secure points once a points system has been launched. 

  • Moreover, some DEXs also allow their users to bridge assets and stake tokens—make sure to also join these activities for their potential airdrops. 

This article is published on BitPinas: A List of DEXs With No Tokens Yet—Potential Airdrop? | Tokenless Dex List

Disclaimer:

  • Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
  • BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.

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