If you’re trading perpetual contracts on SakePerp or lending on Sake Finance, you might be sitting on a pile of SAKE airdrop points - and you don’t even know it. The SAKE token ecosystem isn’t just another DeFi project. It’s a multi-layered platform combining spot trading, futures trading, and lending - all tied together by a single governance token that’s yet to launch. But here’s the catch: you don’t need to wait for the token to start earning it. You’re already earning points right now, just by using the platforms.

What Exactly Is the SAKE Airdrop?

The SAKE airdrop isn’t a one-time giveaway. It’s a points-based rewards system called Sake Points, built across three core platforms: SakePerp (perpetual trading), SakeSwap (spot trading and ILOs), and Sake Finance (lending and borrowing). These points will determine your share of the SAKE token distribution when it finally launches. There’s no official date yet, but the team has made it clear: the more you use these platforms now, the more tokens you’ll get later.

Unlike most airdrops that reward early adopters with a snapshot, this one is dynamic. Your points grow over time based on your activity. That means you’re not locked out if you joined late. You can still catch up - if you act now.

How to Earn Sake Points on SakePerp

SakePerp is the original engine of the SAKE ecosystem. It’s a perpetual futures trading platform that uses a virtual AMM (vAMM) combined with real-time oracles to keep prices aligned with spot markets like Binance and FTX. No funding rates. No slippage from liquidity shortages. Just clean, low-cost trading.

Here’s how you earn points:

• Open any trade: Buy or sell BTC/BUSD, ETH/BUSD, DOGE/BUSD, or any of the six supported pairs. Every trade counts - even small ones.
• Keep positions open longer: Points accumulate over time. Holding a position for 7 days earns more than closing it after 1 hour.
• Trade more volume: Higher trading volume = more points. There’s no cap, so active traders get rewarded.

The platform takes 0.05% in fees per trade. 90% of that gets burned. The other 10% goes to SakeBar stakers. But here’s the key: 50% of all trading fees go toward buying back SAKE tokens and locking them as insurance. That means every trade you make helps increase the value of the future airdrop.

How to Earn Sake Points on Sake Finance

Sake Finance is the newer lending and borrowing protocol built on the Soneium network. This is where the real airdrop potential lies - and where most people are falling behind.

To earn points here, you need to do three things:

1. Connect your wallet to the Sake Finance Rewards page using MetaMask or WalletConnect.
2. Supply collateral - deposit ETH, WETH, ASTR, or USDC.e. Each asset has a different collateral factor (how much you can borrow against it) and APY. For example, ETH might give you 1.8% APY and a 75% collateral factor.
3. Borrow assets - take out a loan against your collateral. Borrowing increases your point multiplier. But don’t go too far: your health factor must stay above 1.0 to avoid liquidation.

Your health factor is calculated as: (Total Collateral Value × Collateral Factor) / Total Borrowed Value. If it drops below 1.0, your position gets liquidated and you lose points - and possibly your assets.

The more assets you supply and borrow across different pairs, the more points you earn. There’s no maximum limit. The system rewards consistent, active participation.

How to Earn Sake Points on SakeSwap

SakeSwap isn’t just a DEX. It’s a launchpad for new tokens via Initial Liquidity Offerings (ILOs). When a project successfully raises funds, its token is instantly listed on SakeSwap with an AMM pool.

You can earn points in two ways:

• Provide liquidity to ILO pools. When you add ETH and a project’s token to a pool, you get LP tokens. These earn you 3% of all trading fees from that pool - and those fees go straight into SAKE buybacks.
• Participate in ILOs by contributing to a project’s fundraising. If the project hits its cap, you get tokens. If it fails, your funds are automatically refunded. Either way, you earn Sake Points.

You can also stake your LP tokens in SakeSwap Farms to earn extra SAKE rewards. These are separate from the airdrop but add up over time.

How to Get Bonus Points: Community and Quests

Points aren’t just from trading or lending. The ecosystem rewards community involvement.

• Follow SakeFinance on Twitter and verify your account. This unlocks a base point bonus.
• Join the Discord and claim the "Sipper" role. This is mandatory. No role = no points.
• Complete Layer3 quests - these are simple tasks like connecting your wallet, checking your points, or sharing feedback. Each quest is worth 50-200 points.

These aren’t fluff. They’re part of the protocol’s design. The team wants active users, not just passive holders. If you’re not in Discord and not doing quests, you’re leaving points on the table.

How to Track Your Sake Points

You can check your point balance anytime:

1. Go to https://app.sake.finance/rewards
2. Connect your wallet (MetaMask or WalletConnect)
3. Check the dashboard - it shows your points from SakePerp, Sake Finance, and SakeSwap
4. Click on each platform to see how many points you’ve earned from trades, deposits, and quests

Your points update in real time. There’s no delay. If you make a trade at 2 PM, you’ll see the points added by 2:05 PM.

What’s the Value of Sake Points?

No one knows the exact conversion rate. The team hasn’t released the total SAKE supply or the point-to-token ratio. But here’s what we do know:

• Trading on SakePerp earns you 1 point per $100 in trading volume.
• Supplying $1,000 in collateral on Sake Finance earns you 100 points.
• Borrowing $1,000 adds another 150 points.
• Completing a Layer3 quest gives you 100-200 points.

If you trade $10,000, supply $5,000, borrow $3,000, and complete 5 quests, you’re at roughly 2,500 points. If the final airdrop is 100 million SAKE tokens and 50,000 users qualify, that’s 2,000 points per token. But if only 10,000 users qualify? That’s 10,000 points per token.

The math isn’t fixed. But the principle is: the fewer people who participate, the bigger your share.

What Happens If You Don’t Do Anything?

Nothing. You get nothing.

The SAKE token won’t be distributed to everyone who ever heard of it. It won’t be a random giveaway. It’s earned. If you don’t trade, lend, or engage, you won’t qualify. That’s the whole point.

Many users think airdrops are like lottery tickets. This isn’t a lottery. It’s a performance bonus. The team is rewarding users who helped grow the protocol before the token existed.

How to Maximize Your Airdrop

Here’s your action plan:

1. Connect your wallet to Sake Finance and claim your Sipper role on Discord.
2. Bridge ETH or USDC.e to Soneium using Rhino Bridge. You need native Soneium gas tokens (not Ethereum).
3. Supply at least $1,000 in ETH or USDC.e as collateral on Sake Finance.
4. Borrow $500-$1,000 against it to boost your points.
5. Trade at least $2,000 in volume on SakePerp over the next 30 days.
6. Complete all Layer3 quests - they’re free and take 5 minutes each.
7. Provide liquidity to one ILO pool on SakeSwap - even $100 counts.

Do all of this in the next 60 days, and you’ll be in the top 10% of participants.

What’s Next for SAKE?

The SAKE token launch is expected in Q2 2026. The team has hinted at a governance vote on key protocol upgrades - including fee splits, new asset listings, and even chain expansions.

But here’s the real win: the SAKE token isn’t just a governance token. It’s a participation token. You’ll use it to vote, earn staking rewards, and access exclusive features like early ILO access and lower trading fees.

The ecosystem is already live. The rewards are real. The only thing missing is your action.