Is there a BaiBai airdrop?
None has been announced. BaiBai has no official token, no tokenomics and no airdrop statement. What it has is a points program, announced on X on 5 October 2026 and already running in the app.
The docs haven't caught up with it. Their points page still says "BaiBai plans to introduce a points program to reward early users and active traders", and adds that details, "including how points are earned and what they can be used for, will be announced in the future."
Warning Points have no published rate, value, end date or use. A press article has mentioned a BAIBAI token trading on a decentralised exchange, without a contract address, and BaiBai's own channels don't confirm one. Treat any BAIBAI token you find as unofficial.
What BaiBai is
BaiBai describes itself as "a PropAMM exchange and aggregator that delivers the best price on Base". Professional market makers keep prices updated on-chain, and a router compares their quotes with other exchanges and sends each order where it executes best. It opened to the public on 12 August 2026, and it is run by Spire Labs Inc.
How BaiBai points work
Points come from trading volume, referrals and boosts. A streak boost grows with consecutive active days, and a day counts as active once you have traded at least $100. Two one-time quests pay 500 points each: following BaiBai on X and sharing a link from its "Rekt" page. Trading tokenized stocks earns double points. A referral gives you 10% of the points your friend earns, and gives them a 10% boost. The leaderboard updates every Monday.
BaiBai airdrop step-by-step guide
- Open app.baibai.cx, connect your wallet and switch it to Base.
- Have the token you want to sell ready on Base. To sell ETH you first wrap it into WETH.
- Choose the two tokens, enter an amount, review the quote and click Trade. The first time you sell a token, the app asks for an approval, which is an on-chain transaction.
- Trade at least $100 in a day if you want that day to count toward your streak.
Warning Trading only to collect points costs money on every swap. With no stated value for points, you would be paying real fees for an unknown return. BaiBai's terms also ban wash trading.
- Optional: open the Points tab to do the two quests and create a referral link. Both quests connect your X account to the app.
Open BaiBaiOpens app.baibai.cx
BaiBai costs and fees
The docs say: "There is currently a 10 bps trading fee on BaiBai", which is 0.10% of each trade. Swaps are advertised as gasless, but the terms add: "We do not guarantee that network fees will always be sponsored." The docs don't say who pays the gas for the first token approval.
Warning The terms let the operator keep part of your price. If a trade executes better than the quote, they say: "Any such Trade Surplus may be retained by BaiBai or its operators."
BaiBai risks and eligibility
- The terms of service never mention points, so nothing binding covers the program.
- The homepage promises better prices, while the terms don't guarantee better pricing than other venues.
- The docs link audit reports from OpenZeppelin and Sherlock, but both links were broken when we checked on 8 October 2026.
- You must be 18 or older. No country list is published. The terms say the app can be blocked by location and that getting around a block is prohibited.
- BaiBai doesn't hold your funds, so losses from a bad trade or a contract fault are yours.
Who is behind BaiBai?
The terms name Spire Labs Inc. as the operator. No individual is named on BaiBai's own site. The Block reported in October 2024 that Spire Labs raised a $7 million seed round co-led by Maven 11 Capital and Anagram. That round came before BaiBai, and no funding specific to BaiBai has been published.
Sources
- BaiBai Points BaiBai on X,
- BaiBai is now live to the public BaiBai on X,
- Points BaiBai docs,
- Points tab BaiBai app
- Introduction BaiBai docs
- Getting Started BaiBai docs
- Fees BaiBai docs
- Audits BaiBai docs
- Terms of Service Spire Labs Inc.,
- BaiBai homepage BaiBai
- Ethereum scaling infrastructure startup Spire Labs raises $7 million in seed funding The Block,
This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check BaiBai's official channels before you connect a wallet or deposit funds.
