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HertzFlow airdrop guide

HertzFlow is a self-custodial perpetuals exchange on BNB Chain for crypto, forex, commodities and stocks, with up to 200x leverage in its app. Merits Season 3 pays for closed trades, liquidity, referrals and swaps until 14 December 2026, and the Season 1 Genesis Vault runs to 23 November. No token or airdrop is announced, and Merits have no published value.

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Is there a HertzFlow airdrop?

None is announced. We found no mention of a HertzFlow token, a TGE or Merits turning into tokens on its site, in its app or in its docs. The only hint is generic: the privacy policy says data may be used for "determining eligibility for certain programs, campaigns, rewards, or airdrops". What HertzFlow does run is Merits: "In this Season, you can earn Merits through eligible Trading, Liquidity, Referral, and Swap activity."

The only stated use for Merits is a Merits Shop, where redeemed rewards are shipped to you. Its product list was empty on 10 November 2026.

Warning This is a high-leverage derivatives exchange. The terms say: "The Protocol enables leveraged trading, including extreme leverage, which may result in rapid and total liquidation."

What HertzFlow is

"HertzFlow is a self-custodial, RFQ-based perpetual protocol on BNB Chain." There is no order book. You trade against USDT liquidity pools at oracle prices, on "crypto, forex, commodities, and equities". The app carries a Mainnet Beta badge, and a testnet still runs next to mainnet.

Its leverage claims differ. The docs' welcome page says "up to 500x leverage", the homepage says "Up To 200x Leverage", and the market docs give about 50x on majors in Normal mode and 85x to 200x in Hyper Lev mode. Normal mode charges a fee to open and close. Hyper Lev charges none but takes a share of your profit.

HertzFlow leaderboard with Season 3 live, 1,216 traders, $152.36M traded and the top wallets by Merits
The public leaderboard on 10 November 2026, with Season 3 live, 1,216 traders and $152.36 million traded. Source: HertzFlow

How HertzFlow Merits work

Merits run in seasons split into Epochs: "Merits are distributed in cycles called Epochs. This pool is the total Merits shared by all participants in the current Epoch." Two seasons are open, according to the app's own data:

  • Season 3, from 19 October to 14 December 2026, counts trading, liquidity, referrals and swaps.
  • Season 1, the Genesis Vault, counts only liquidity and ends on 23 November 2026. Season 2 ran from 24 August to 19 October and is settled.

The rules exist only as short lines in the app:

  • Trading: "Closed trades earn Merits. Bigger flow may earn more."
  • Swaps: "Swaps earn Merits based on campaign rules." Those rules aren't published.
  • Referrals: "Inviting someone alone does not generate Merits." You earn from what your invitees do.
  • Genesis Vault: "Deposit to earn APY and a 10x Merits boost." The boost needs a 90-day hold, and "A single deposit below 10 USDT earns no Merits and doesn't start its 90-day holding clock." USD1 deposits also build up WLFI rewards, "Claimable after 90 days."
HertzFlow Season 1 Genesis Vault card reading Deposit, Earn Merits, Earn Yield
HertzFlow's card for the Season 1 Genesis Vault, which ends on 23 November 2026. Source: HertzFlow Genesis Vault

Warning A 90-day hold started now ends after Season 1 closes on 23 November, and the Genesis Vault rules page in the docs now returns an error. HertzFlow hasn't said how new deposits are counted. "Withdrawing before the 90-day holding period ends removes the Merits boost and any WLFI bonus (USD1 deposits) tied to the withdrawn amount."

HertzFlow airdrop step-by-step guide

No airdrop is announced. These steps earn Season 3 Merits until 14 December 2026.

  1. Open www.hertzflow.xyz and connect a wallet on BNB Smart Chain. "HertzFlow never requests your private keys or seed phrase."
  2. Hold USDT on BSC and some BNB: "Keep at least 0.01 BNB for gas fees at all times".
  3. A referral code box appears once: "You can bind a code or skip; the prompt only shows once per address." A bound code takes 5% off Normal-mode open and close fees. Only use a code from someone you trust.
  4. Open a trade in Normal mode with at least 10 USDT of collateral, then close it. Closed trades are what earn Merits.

    Warning At high leverage a small move liquidates you. Markets with trading hours can also gap: "If the opening price moves past your liquidation price or TP/SL trigger, your position will be settled at the reopening price".

  5. If you want, deposit USDT into a pool or vault for liquidity Merits, or make swaps in the app.
  6. Check your total on the Merits page and your rank on the leaderboard.

Open HertzFlow MeritsOpens hertzflow.xyz

HertzFlow costs and fees

Merits need real trades, liquidity or swaps on mainnet. Normal mode charges 4 to 6 bps of position size to open and the same to close, depending on the market. Hyper Lev charges no open or close fee, but you keep only part of the profit: from 20% on gains under 1% up to 90% on gains over 2,500%. Hyper Lev often needs a position of at least 750 USDT.

Both modes pay funding and borrow fees by the hour. Price impact is "Capped at 50 bps (0.5%)" and settles at close, and a liquidation costs 0.20% of position size. Pool deposits and withdrawals cost about 0.07% each. Gas is paid in BNB, about 0.001 to 0.003 BNB a trade.

HertzFlow risks and eligibility

  • The terms publish no country list. They bar "persons located in jurisdictions where derivatives or leveraged trading is restricted or prohibited" and sanctioned persons, and you must be of legal age where you live.
  • The terms ban "market manipulation, wash trading, spoofing, or oracle interference". Trading against yourself for Merits pays real fees and can get you disqualified.
  • Liquidity providers take the other side of traders: "When traders lose, the pool grows. When traders win, the pool pays out."
  • The Merits formulas, Epoch sizes and what Merits are worth are not published.
  • The docs list testnet contracts only. Mainnet addresses are "To be published after mainnet deployment verification."
  • The terms still show their date in template brackets.

Who is behind HertzFlow?

The terms name HertzFlow LTD, a company incorporated in the British Virgin Islands, with disputes settled by arbitration in Singapore. No team members are named on any official page.

HertzFlow's homepage and Telegram group say it is "Backed by YZi Labs", with no amount or date, and we found no news report giving one. Its docs list audits by BlockSec in July 2026 and CertiK in August 2026.

Sources

  1. HertzFlow HertzFlow
  2. Merits HertzFlow
  3. Leaderboard HertzFlow
  4. Merits Shop HertzFlow
  5. Genesis Vault HertzFlow
  6. Welcome to HertzFlow HertzFlow docs
  7. Quick start HertzFlow docs
  8. Glossary HertzFlow docs
  9. Troubleshooting HertzFlow docs
  10. Referral HertzFlow docs
  11. Hyper Lev HertzFlow docs
  12. Market structure HertzFlow docs
  13. Position management HertzFlow docs
  14. How liquidity provision works HertzFlow docs
  15. Smart contracts HertzFlow docs
  16. Audit report HertzFlow docs
  17. Terms of Use HertzFlow LTD
  18. Privacy Policy HertzFlow LTD
  19. HertzFlow Telegram group HertzFlow

This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check HertzFlow's official channels before you connect a wallet or deposit funds.