Another Drop – What You Need to Do
HeliosTrade, a decentralized exchange on Rise Chain, recently concluded a testnet trading competition with a 400 USDT prize pool and points for future airdrop rewards. In this guide, we will explain what HeliosTrade is, how the competition worked, and what you can expect from the project going forward. All terms are explained in plain language – no prior experience needed.
🚀 What is HeliosTrade and why is it giving away tokens
HeliosTrade is a decentralized exchange (DEX) and automated market maker (AMM) built on Rise Chain. Think of it as a platform where you can trade cryptocurrencies without a middleman, using smart contracts to automate the process. The project is designed to offer fast and efficient trading, leveraging the speed of Rise Chain.
The testnet competition was a way to attract early users, test the platform's performance, and build a community. By participating, users helped stress-test the system and, in return, had a chance to earn USDT rewards and points for a future airdrop.
📊 Key Metrics
Prize Pool
400 USDT
Points
All participants earned points redeemable for future airdrop rewards at TGE.
Platform
Testnet on Rise Chain.
End Date
June 12, 2026.
🎁 Reward Distribution
| Place | Reward |
|---|---|
| 1st place | 100 USDT |
| 2nd place | 75 USDT |
| 3rd place | 50 USDT |
| 4th–10th place | 25 USDT each |
📝 How to Participate (Step-by-Step)
Set up a compatible wallet
You needed a wallet that supports the Rise Chain testnet. MetaMask is a popular choice.
Connect your X (Twitter) account and wallet
The competition required linking your social account and wallet to track your activity.
Follow HeliosTrade on X
You had to follow @heliosdottrade on Twitter/X.
Join the Discord server
Participants were required to join the HeliosTrade Discord community.
Submit the invite code
The code was 0XFIRSTLIGHT.
Trade on the HeliosTrade Testnet
The core activity was to trade on the testnet platform. The more you traded (volume), the more swap points you earned, and the higher you climbed on the leaderboard.
Wait for the results
The competition ended on June 12, 2026. Winners were determined by the leaderboard rankings. Points earned will be converted to airdrop rewards at the Token Generation Event (TGE).
⚠️ Important Nuances and Pitfalls
This was a testnet competition, meaning no real funds were at risk – you traded test tokens. However, always be cautious when connecting your wallet to any platform.
Never share your private keys or seed phrase. The competition is now over, but the project may run similar events in the future. Gas fees on testnets are usually negligible or covered by the project.
💡 Editor's Tips
- Use a separate wallet for testnet activities to keep your main funds separate.
- Always double-check the official website and social media channels for accurate information.
- Follow HeliosTrade for updates on future events and the TGE.
- Remember: if something sounds too good to be true, it probably is.
📊 Project Evaluation
Trust Score: 60/100
The project is built on Rise Chain, which has a growing ecosystem. The testnet saw significant trading volume (over $1B), indicating active participation. However, the project is still in early stages, and the tokenomics and long-term roadmap are not fully transparent.
Potential Score: 55/100
The competition offered modest rewards, but the points system could lead to a meaningful airdrop at TGE. The project's success depends on the adoption of Rise Chain and the DEX's ability to attract liquidity.
✅ Conclusion
The HeliosTrade testnet competition was a good opportunity to earn rewards while helping to test a new DEX. Although the event has ended, it's worth keeping an eye on the project for future opportunities. Follow their official channels to stay updated on the TGE and any new campaigns.
❓ FAQ
How much could I earn?
The top 10 winners received USDT rewards ranging from 25 to 100 USDT. All participants earned points for future airdrop rewards.
What is a testnet?
A testnet is a separate blockchain used for testing purposes. It uses test tokens with no real value, allowing users to experiment without risking real funds.
What is TGE?
TGE stands for Token Generation Event – the moment when a project's token is officially created and distributed.
Can I still participate?
The competition ended on June 12, 2026. However, you can still follow the project for future events.