The Top Airdrop Hunts of May 2026

Equipped with millisecond latency and capable of processing over 100k transactions per second, MegaETH promises to unlock onchain experiences that simply weren’t possible before. With a growing cohort of tokenless MegaETH protocols going live, this nascent network also presents several promising airdrop plays.

At Bankless, we’re on constant airdrop watch, surfacing the most promising plays and delivering them straight to subscribers every month. We compile this alpha inside Airdrop Hunter, where you can find nearly 200 curated opportunities with step-by-step hunting guides.

Today, we’re spotlighting five MegaETH applications with airdrop potential that you can interact with right now. 👇

🌐 World Markets

Website | Twitter

World Markets advertises itself as a “feature-complete,” fully onchain exchange built on MegaETH. It combines spot trading, perpetuals, margin, and lending into an integrated system, delivering an onchain trading experience that mirrors a centralized exchange, but which does not operate on top of centralized infrastructure.

At the core of World Markets is the universal margin account, which empowers users to collateralize all their on-exchange positions within a single portfolio (similar to the capabilities provided by Solana’s Drift exchange).

World Markets makes the revolutionary claim of eliminating auto-deleveraging – a glitch that can occur in perpetual futures markets when a market becomes insolvent due to price volatility, and exchanges nullify payouts on profitable positions – by shifting the risk to lenders and socializing losses as bad debt.

It is worth noting, however, that perpetual traders on World Markets essentially lend funds to collateralize their positions. As a result, although auto-deleveraging may be avoided in a classical sense, severe market dislocation may still produce losses for profitable traders.

1. [quest 1099 “Deposit USDM to World Markets”]
2. [quest 1100 “Trade Perpetuals on World Markets”]

🗿 Funes

Website

Funes is an onchain, open-source digital museum dedicated to preserving the world’s architecture. Built on MegaETH and incubated by the Mega Mafia accelerator, this project transforms real-world structures into detailed 3D models that anyone can freely access, download, and build upon.

Contributors can capture monuments from multiple angles and upload the images to Funes, where they are converted into immersive 3D models. The result is a growing, decentralized archive of over 1.5k unique global landmarks – from historic ruins to modern institutions – spread across 18 countries.

In a world increasingly shaped by artificial intelligence and digital systems, and in a crypto industry increasingly focused on speculation and short-term games, Funes aims to establish a long-lasting record of physical human creativity and civilization.

1. [quest 1101 “Submit Photos to Funes”]

☺️ Kumbaya

Website | Twitter

Kumbaya is a MegaETH-native decentralized exchange and token launchpad. It was the largest tokenless application by total value locked on MegaETH network at the time of writing, with $57.5M in deposits.

By providing the MegaETH ecosystem with access to basic token swapping and launch primitives, Kumbaya seeks to grant newly formed communities the agency to create culture from a lead role, in a setup that is, “perfect for them to evolve into cults.”

While there aren’t yet any concrete Kumbaya airdrop plans, the DEX’s website indicated that a leaderboard is coming “soon,” hinting at the possibility of a points program that could lead to future airdrop rewards.

1. [quest 1074 “Bridge to MegaETH”]
2. [quest 1075 “Swap Assets on Kumbaya”]
3. [quest 1076 “Provide Liquidity on Kumbaya”]
4. [quest 1077 “Launch Tokens on Kumbaya”]

🪽 Euphoria

Website | Twitter

Perhaps the most anticipated application on MegaETH, Euphoria is a speculation-focused project that will introduce “Tap Trading” – a gamified, one-tap trading experience that promises to disrupt sterile financial markets.

By blending CLOB efficiency, a user-friendly interface, and MegaETH’s real-time speed, Euphoria transforms trading into an experience designed for dopamine and the masses, reducing the brain power required to place complex options and futures trades to a single click while preserving their expressive power.

Euphoria’s “feel something” tagline reflects its mission to turn speculation into a joyful, intuitive, mobile-first experience for the next generation of traders, and the project has certainly struck a chord with early ecosystem participants, who rate Euphoria as their top application in the MegaETH community guide. 

1. [quest 1070 “Join Euphoria Waitlist”]
2. [quest 1071 “Join Euphoria Social Communities”]
3. [quest 1102 “Download Euphoria”]
4. [quest 1103 “Fund Euphoria Wallet”]
5. [quest 1004 “Tap Trade with Euphoria”]

🌄 Showdown

Website | Twitter

Currently available to anyone in a full release format with real money at stake, Showdown draws on inspiration from trading card games like Hearthstone and Magic: the Gathering to supercharge online poker with collectible action cards.

While large skill gaps and automated bots can undermine fair competition in traditional online poker venues, Showdown touts that its gameplay mechanics can help ensure a level playing field.

Showdown has been live on MegaETH since February, when it received an early release as part of the MegaETH Stress Test. Users can seamlessly interact with this TCG by funding their Showdown account with USDM.

1. [quest 1072 “Fund Showdown Account”]
2. [quest 1073 “Play Showdown”]