Is there a Raycash airdrop?
No token or airdrop has been announced. Raycash gives Raycash Points (RP) to people on its waitlist, and its points page doesn't say what the points are for. The closest thing to a promise is a post on X from 27 September 2026 telling users to climb the leaderboard and "discover your rewards soon."
What Raycash is
Raycash is a self-custodial money account for stablecoins. According to its website, you deposit USDC or USDT, which converts to cUSDC on Polygon, and your balance and transfer amounts stay encrypted through the Zama Protocol. The site also describes yield on idle balances through Morpho and a Raycard for spending, with private spending marked as coming soon.
The app isn't public yet. Raycash's terms say the website only provides information and collects waitlist sign-ups during the pre-launch phase. A private beta opened in early September 2026, and Raycash said it was live on the Sepolia testnet.
How Raycash points work
The points page lists five one-off tasks worth 100 RP each: joining the waitlist, subscribing to the In Confidence newsletter, following Raycash on X, posting about it on X and joining its Telegram group. Each friend you refer adds 120 RP. Referrals decide the leaderboard: when we checked, the top account had 73,520 RP from 611 referrals.
Raycash airdrop step-by-step guide
- Go to raycash.xyz/user, enter your email and log in with the code Raycash sends you.
- Complete the five tasks, which include following @raycashxyz and joining the Raycash Telegram group.
- Share your referral link. Each sign-up through it adds 120 RP.
- Watch your inbox for a beta invite.
Join RaycashOpens raycash.xyz
Raycash costs and fees
The points tasks are free. They need an email address and your X and Telegram accounts, but no wallet or deposit.
Raycash risks and eligibility
- Raycash hasn't said whether points will turn into anything, so they may end up worth nothing.
- The terms say joining the waitlist doesn't guarantee access to the app or to any feature, timeline or price.
- Zama's March 2026 post said the app would launch in the first half of 2026. At the end of September it was still in private beta.
- Zama also describes a screening step: only deposits that pass it can become confidential once the app is live.
- The current terms cover only the website and waitlist and don't list restricted countries. Raycash says it will replace them in full when the app launches.
Who is behind Raycash?
Raycash Inc., a Delaware corporation, runs the site, according to its terms. The product runs on the Zama Protocol, and Zama featured it on its blog in March 2026. We found no disclosed funding round or named investors.
Sources
- Make stablecoins your everyday spend Raycash
- Earn Raycash Points Raycash
- Terms of Service Raycash,
- Raycash: Global Money Account, Running on Confidential Stablecoins Zama,
- Private beta opened, now live on Sepolia Raycash on X,
- Leaderboard rewards coming soon Raycash on X,
This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check Raycash's official channels before you connect a wallet or deposit funds.
