While the crypto market may seem stagnant and dominated by macroeconomic factors, several emerging tokenless protocols offer engaging yield farming opportunities. This article explores nine such DeFi platforms where users can participate in points-based reward systems.
1. Ostium: Synthetic RWA Trading Platform
Ostium brings leveraged trading of traditional finance assets (like S&P 500, gold, and copper) on-chain via synthetic positions.
Key Stats:
- $46M TVL in Ostium Liquidity Pool (OLP)
- 2,225 weekly active users
- $2.1B total trading volume
- Points System: Active since March 31 for traders and OLP depositors.
👉 Explore Ostium's RWA trading
2. Axiom: Dominant Solana Trading Interface
Axiom captures 44% of Solana trading volume with minimal marketing.
Features:
- Cross-chain perpetual swaps via Hyperliquid
- Points for trades, quests, and referrals
3. Fragmetric: Solana Liquid Restaking
Deposit SOL/LSTs to earn fragSOL or fragJTO tokens while accumulating "F Points."
- TVL: $125M
- Backers: RockawayX, Robot Ventures
4. Loopscale: Modular Lending on Solana
Innovates with order-book-based borrowing/lending:
- Strategy: JUPSOL looping at 22% APY
- Genesis Vaults: 6x points multiplier (400M TVL)
5. Upshift: Institutional-Grade Yield Vaults
Managed by hedge funds, offering:
- Delta-neutral strategies
- 5x points until $750M deposits
- TVL: $236M
👉 Maximize yields with Upshift
6. Level: Yield-Bearing Stablecoin Protocol
Convert USDC → lvlUSD → stake for 8.48% APY + XP points.
- TVL: $138M
- Investors: Dragonfly, Polychain
7. Huma: Cross-Border Payment Network
10.5% APY on USDC deposits + "Feathers" points:
- Maxi Mode: 5x points for future $HUMA exposure
- TVL: $81M
8. DeFi App: All-in-One Aggregator
- Rank: #3 DEX aggregator ($229M daily volume)
Features:
- Gasless cross-chain swaps
- "Degen Arena" points battles
9. Slingshot: Mobile-First Cross-Chain Swaps
Recently acquired by Magic Eden; supports upcoming Bitcoin Rune trades.
FAQ
Q: How do points systems work in these protocols?
A: Points typically track user activity (trading, deposits) and may convert to future token allocations.
Q: Are these protocols high-risk?
A: Yes—especially leveraged strategies. Always assess smart contract and market risks.
Q: When will tokens launch?
A: Most haven’t announced dates, but points accumulation suggests imminent releases.
Note: All hyperlinks and promotional content have been removed per guidelines.
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- **Keywords**: DeFi protocols, points mining, tokenless platforms, yield farming, Solana restaking, synthetic RWAs
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