The QFEX airdrop remains speculative, as the team has not announced a token, points program, or snapshot. The exchange is currently open to users outside its restricted countries, with no waitlist or invitation code required. The closest indication of a possible token-related strategy is a September 2026 essay by CEO Annanay Kapila discussing exchange tokens. The essay suggests that exchanges could airdrop unvested tokens to their earliest users, but it does not confirm that QFEX plans to launch a token or conduct an airdrop. Since QFEX does not currently have a points dashboard, users can only build an activity record through normal account activity, including trading volume, fees paid, deposits, and referrals. Some airdrop farmers are treating QFEX similarly to other real-world-asset perpetual trading platforms, where early participation and maintaining an active account are viewed as potential factors if rewards are introduced later. The latest update is that QFEX has brought back its Loss Refunds program, which is now available to all users. Under the program, 20% of eligible losing traders can receive a 100% refund of their realised losses, with refunds capped at $2,000.
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