Guide to Upcoming Strata Airdrop
Tranche USDe yield, stack 30x Strata + 30x Ethena points before $STRATA TGE. Get ready for the upcoming Strata airdrop.
Join Strata Airdrop
What is Strata, and how to qualify for the airdrop?
Strata is a perpetual risk-tranching protocol built on top of Ethena's USDe that lets users split synthetic-dollar yield into a lower-risk Senior tranche (srUSDe) and a higher-return Junior tranche (jrUSDe), so each side can pick the risk and return profile they actually want. Backed by $3M from Maven 11, Faction, and Halo Capital, and audited by Cyfrin and Quantstamp, the protocol has evolved beyond a pure Ethena deployment into a generalized structured-yield venue offering carry and basis-trade exposure across diverse on-chain and off-chain strategies. Strata is currently in Epoch 2 of Season 1, which began January 1, 2026 and runs through April 2026, ending with the $STRATA token launch. Users earn Strata Points by depositing USDe or eUSDe to receive pUSDe (which auto-accrues points daily), holding srUSDe or jrUSDe, and boosting positions via Pendle integrations for up to 5x multipliers. Deposits also farm 30x Ethena points alongside the native underlying APY, and referrals pay out 10% of referred users' Strata Points to the inviter plus a 10% earning boost to the new user. The Strata airdrop is not officially confirmed, but with a TGE explicitly scheduled at the end of Epoch 2, accumulated Strata Points are the clearest path to a likely $STRATA allocation for early depositors.
1 Airdrop Expiring Forever This Week!
After that, eligible users will no longer be able to claim
