Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
$200,000, finally turned back into $1,000.
This is not a joke; it’s a real story that happened with this Opinion airdrop.
Many people spent the past few months frantically earning points, trading, placing orders, providing liquidity, and increasing trading volume just to wait for the TGE to cash out.
The secondary market once drove the points up to $45 each, with everyone assuming: this wave can break even or even make a profit.
But as soon as the tokenomics were released,
the actual airdrop released in the first quarter was only 3%.
The points’ price plummeted from $45 to $6, a drop of over 80%.
A blogger posted a screenshot:
Burned $200,000 to earn points, ending up with 2,000 OPN tokens, which at current prices is about $1,000.
Honestly, losing money from farming is nothing new.
But what caused everyone to blow up this time wasn’t the loss—it was being counter-farmed.
I also farmed 23 OPN.
That’s only a few dozen dollars.
Spending $1,000 to farm, the estimated loss is about $20.
That’s a huge loss.
The project uses a points mechanism to encourage everyone to pile up trading volume,
reaching $8 billion in a month.
Average single trade per person is $2,500, far higher than industry peers.
It’s hard to say it’s all natural demand.
Now that the TGE has landed, the points game is over.
The question is:
Out of that $8 billion trading volume, how much is from real users?
When the points fuel stops, will the money still stay?
From a farming perspective, to be honest:
In the future, when you see models where higher trading volume means more points,
assume the cost first, don’t just look at the expected valuation.
The moment secondary points hit $45,
the risk has already outweighed the reward.
Airdrops are never benefits—they’re a gamble.
You think you’re farming the project,
but the project is also using you for data.
This is a lesson for 2026 to start the year.
You can farm the hype, but don’t see yourself as a long-term partner.
#OPN # Airdrop #撸毛 # Counter-farming #PredictionMarket