Is there a Dreamcash airdrop?
Not officially. Dreamcash runs a points program called Season 1, and its docs say XP "will form the basis for potential future reward distributions". They describe no token. The legal notice says XP "does not represent ownership, monetary value, or guaranteed rewards". Dreamcash's X profile describes season one as live.
What Dreamcash is
Dreamcash is a self-custodial trading app for Hyperliquid with mobile, web and desktop versions. It offers spot trading and perpetual futures with up to 40x leverage. In February 2026 The Block reported that Dreamcash had launched ten real-world asset markets under Hyperliquid's HIP-3 standard, including the S&P 500, gold and Tesla, with USDT0 as collateral.
How Dreamcash XP works
A fixed pool of XP is split every Thursday in proportion to each trader's weighted volume. Volume in the mobile app counts at 1x. The web app and TreadFi count at 0.5x. Trades placed through Hyperliquid's own frontend earn no XP, and TWAP orders don't count because builder codes can't be attached to them. Multipliers earned in the earlier Founder Season still apply.
The docs disagree on the size of the pool. The Season 1 overview says 150 million XP a week, and the Earning XP page says 50 million.
Dreamcash airdrop step-by-step guide
- Download the mobile app from dreamcash.xyz, or open the web app at trade.dreamcash.xyz. Mobile volume carries twice the XP weight of web volume.
- Fund the account. You can buy USDC by card or bank transfer through MoonPay, or deposit crypto such as USDC on Arbitrum.
- Trade perps or spot. All supported markets count equally toward XP.
- Wait for Thursday, when the XP goes out.
Join DreamcashOpens dreamcash.xyz
Dreamcash costs and fees
Dreamcash's fee page lists 0.045% per trade in the mobile app and 0.025% in the web app, so the app with the higher XP weight also charges more. Withdrawing USDC to an external wallet on Arbitrum costs $1.
Dreamcash risks and eligibility
- The FAQ lists the United Kingdom, Iran, Cuba and North Korea as blocked from the whole app. HIP-3 markets are blocked for users in the United States.
- The legal notice says Season 1 creates no contractual entitlement to rewards, and Dreamcash can modify or suspend the program.
- XP depends on your share of total volume, so the amount earned per dollar changes weekly.
- Leveraged positions can be liquidated.
Who is behind Dreamcash?
Supreme Liquid Labs develops Dreamcash. The Block reported on 13 February 2026 that Tether had invested in the company for an undisclosed amount. The same report said the investment would support a $200,000 weekly incentive program for traders on the new markets. The Season 1 overview still mentions two reward tracks but details only XP.
Sources
- Season 1 overview Dreamcash docs
- Earning XP Dreamcash docs
- Legal notice Dreamcash docs
- Frequently asked questions Dreamcash docs
- Dreamcash documentation: fees, funding and withdrawals Dreamcash docs
- Tether invests in Hyperliquid frontend Dreamcash, offering perps markets for TSLA, gold and more using USDT0 collateral The Block,
This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check Dreamcash's official channels before you connect a wallet or deposit funds.
