What is Current Finance?

Current Finance is a capital efficiency layer built on the SUI blockchain that lets users lend, borrow, and loop yield-bearing assets for up to 9x amplified returns through isolated, flash-loan-powered lending markets. The protocol is live on SUI mainnet and was the first winner of Sui's Moonshot programme - a competitive grant initiative from the Sui Foundation that selects the most promising SUI-native builders. At the time of writing, it holds approximately $27 million in total deposits and $17 million borrowed across its markets.

Current Finance offers three core products. Current Lending provides isolated liquidity pools with high loan-to-value ratios and transparent, contained risk parameters. Current Multiply lets users loop yield-bearing positions with a single click, amplifying exposure up to 9x via automated flash-loan execution. Current Margin enables spot margin trading with real collateral through deep on-chain liquidity integrations. Supported assets across its Main, Ember, AltCoin, MatrixGold, and Ethena markets include USDC, USDSUI, SUI, haSUI, USDT, xBTC, DEEP, WAL, eEARN, and eTHIRD.

The protocol has been audited by Allez Labs (risk management), Asymptotic (formal verification), Movebit (security audits), and through a Sherlock audit contest. It also runs a Founding Liquidity Partner programme (FLP-1) that gives early depositors a share of protocol revenue plus bonus APY over a 12-month period.

Is the Current Finance airdrop confirmed?

Current Finance has not confirmed a token or a formal airdrop, but it is actively running a live points programme called Current Points - Season 1 - which is the clearest on-chain signal the protocol currently provides for a potential future distribution. The fact that it is labelled "Season 1" directly implies the system is built to run in multiple seasons, which is the standard pattern protocols use before a token generation event.

Beyond the points programme, several other factors make Current Finance a credible airdrop candidate. It won the Sui Moonshot programme, showing direct Sui Foundation backing. It launched FLP-1 as a revenue-linked deposit programme - a mechanism that serves to deeply tie early depositors to the protocol's long-term success. It has also reached $27 million in TVL without a token, which is unusual and suggests the team is building liquidity depth before a future launch rather than relying on token incentives to attract capital. No token ticker, TGE date, or airdrop allocation has been publicly announced, so all farming here is positioning for a possible future event.

Current Finance Airdrop Details

• Project: Current Finance

• Chain: SUI

• Type: DeFi lending, leveraged yield (Multiply), spot margin

• Status: Ongoing - mainnet live, Current Points Season 1 active

• Token: Not yet launched

• Points programme: Current Points - earns through Supply, Borrow, Multiply, and Margin activity

• Points multiplier: FLP-1 depositors earn 1.5x on all points

• Referral code for 4% fee rebate: vfehwd

• Cost to farm: Free to start - gas fees and flash loan fees apply on transactions

• Main activities: Supply, Borrow, Current Multiply, Current Margin, FLP-1

• Auditors: Allez Labs, Asymptotic, Movebit, Sherlock

• Notable: First winner of Sui's Moonshot programme

• Join link: app.current.finance (The referral code vfehwd gives a 4% rebate on flash loan fees)

How to Farm the Current Finance Airdrop

To farm Current Finance, connect a SUI wallet to the app, supply or borrow assets to earn Base Points, use Multiply or Margin for Bonus Points, maintain positions consistently for the Loyalty Bonus, and enter a referral code to cut your flash loan fees.

1. Set up a SUI wallet and get SUI. Use Sui Wallet, Suiet, or another SUI-compatible wallet. Fund it with SUI for gas and stablecoins such as USDC or USDT for supplying.

2. Go to the Current app. Visit app.current.finance and connect your wallet. You will see Market, Multiply, Margin, Referral, and FLP-1 in the top navigation.

3. Enter the referral code first. Go to the Referral tab and enter vfehwd in the "Enter a referral code here" box. This locks in a 4% flash loan fee rebate on every flash loan you run.

4. Supply assets to earn Base Points. Go to the Market tab and supply into a pool. USDC, SUI, and haSUI are solid starting assets. All supply and borrow activity earns Base Points, with weightings that vary by asset.

5. Borrow against your collateral. Even a modest borrow registers on-chain lending activity and earns additional Base Points. Repay on time to manage liquidation risk.

6. Use Current Multiply for Bonus Points. Select a yield-bearing asset like haSUI and try a Multiply loop position. Multiply on designated pairs earns Bonus Points on top of Base Points, making it one of the most points-efficient activities on the protocol.

7. Try Current Margin. Margin trading on designated pairs also earns Bonus Points. Check the app to see which pairs are currently marked as bonus-eligible.

8. Maintain positions for the Loyalty Bonus. Users who hold Supply or Borrow positions above a defined threshold consistently over time earn a Loyalty Bonus. Snapshots are taken once per day at a randomised time specifically to prevent deposit-before-snapshot behaviour.

9. Consider FLP-1 for a 1.5x points multiplier. FLP-1 depositors receive a 1.5x multiplier across all point categories. Minimum deposit is 5,000 USDC or SUI per lot. FLP-1 also earns protocol revenue share and commitment bonus APY for 12 months.

10. Track your points. Click the sail icon in the top-right navigation of the app to see your Current Points Season 1 balance.

How much does it cost to farm Current Finance?

Farming Current Finance is free to start - there is no signup fee or mandatory deposit minimum - but you will pay SUI network gas on every transaction and flash loan fees when you use Multiply or borrow. The referral code vfehwd gives a 4% rebate on flash loan fees, which adds up meaningfully if you use Multiply regularly.

The main ongoing cost is the capital you put at risk and the fees generated by active usage. Using Multiply at higher loop ratios amplifies both yield and liquidation risk, so sizing positions conservatively is wise. FLP-1 requires a minimum of 5,000 USDC or SUI per lot for a 12-month commitment to unlock full exclusive yield, though withdrawals are always permitted subject to pool liquidity. For most points farmers, starting with a basic supply position and a small Multiply loop is the most cost-effective entry point.

Is Current Finance safe and legit?

Current Finance is a real, audited, live protocol with $27 million in deposits and verifiable on-chain activity, but as a new leverage-focused DeFi project it carries smart-contract, liquidation, and execution risks that should be understood before depositing.

The protocol has been assessed by Allez Labs, Asymptotic, Movebit, and through a Sherlock audit contest. It won the Sui Moonshot programme, which involves a public selection process by the Sui Foundation. These are genuine credibility signals for a new protocol. That said, audits reduce but do not eliminate smart-contract risk. Flash-loan-powered leverage can liquidate positions quickly if collateral prices move against you. Use only official links (app.current.finance and current.finance), never share your seed phrase, and only commit capital you can afford to lose. Any token claiming to be a Current Finance token before an official team announcement should be treated as a scam.

Current Finance Airdrop FAQ

What is the Current Points programme and how do I earn points?

Current Points is a live loyalty programme currently in Season 1 that rewards real protocol activity. Points are earned through three layers: Base Points from supplying and borrowing across all markets; Bonus Points from using Multiply or Margin on designated pairs; and a Loyalty Bonus for maintaining positions above a threshold over time. Snapshots happen once per day at a randomised time to discourage gaming. FLP-1 depositors earn a 1.5x multiplier across all point categories. Track your balance via the sail icon in the top-right of the app.

Does Current Finance have a token?

No token has been launched or officially announced as of June 2026. The active Current Points Season 1 programme, the seasonal branding, the FLP-1 revenue-sharing structure, and the Sui Moonshot backing all point toward a token being part of the long-term plan, but no ticker, TGE date, or airdrop allocation has been confirmed. Any token claiming to be from Current Finance before an official announcement is a scam.

What is the Current Finance referral code for a fee rebate?

Use the code vfehwd to receive a 4% flash loan fee rebate on every flash loan executed on the protocol. Enter it in the Referral tab at app.current.finance/referral. You will also receive your own shareable code - anyone who uses it earns you 10% of their flash loan fees as ongoing rewards.

What is the FLP-1 programme and is it worth it for points farming?

FLP-1 is Current's Founding Liquidity Partner programme. It requires a minimum deposit of 5,000 USDC or SUI per lot and runs for 12 months from the activation milestone. Participants receive regular lending yield, a protocol revenue share (3% of revenue for USDC depositors), a commitment bonus APY scaling from 0.45% to 2.5% based on lot size, and most importantly for points farmers, a 1.5x multiplier on all Current Points earned. Withdrawals are always permitted, but dropping below one lot size removes you from FLP-1 benefits.

Which activities earn the most points on Current Finance?

Multiply and Margin on bonus-eligible pairs earn Bonus Points on top of Base Points, making them more points-efficient than plain supply or borrow. Maintaining those positions consistently unlocks the Loyalty Bonus. FLP-1 depositors receive a 1.5x multiplier across all point categories. The highest-earning combination is a Multiply position on a bonus-eligible pair, held consistently over time, with FLP-1 status.

Is Current Finance only available on SUI?

Yes. Current Finance is built exclusively on the SUI blockchain and uses SUI's architecture for its flash-loan and leverage mechanics. You need a SUI-compatible wallet such as Sui Wallet or Suiet, and SUI to cover gas fees on every transaction.

Current Finance sits alongside other active SUI ecosystem opportunities worth farming in parallel. See also the Hylo airdrop guide for another SUI DeFi protocol with no token yet, and browse all live SUI airdrops on our full airdrop listing.

Looking for more opportunities like this? Browse our complete list of 200+ airdrops in 2026 with step-by-step farming guides across SUI, Solana, Ethereum, and more.