Loopscale airdrop guide: how to earn points on Solana's fixed-rate lending protocol (2026)

What is Loopscale?

Loopscale is a modular, order-book-based lending protocol on Solana that offers fixed-rate borrowing and lending with predictable terms, isolated markets, and broad collateral support - solving the variable-rate unpredictability that characterises most DeFi lending by matching lenders and borrowers directly at agreed fixed rates rather than pooling liquidity into shared reserves. The protocol launched in April 2025 (relaunched from its prior identity as Bridgesplit) and crossed $62 million in deposits by Q2 2025, reaching $40 million within days of launch driven by demand for fixed-rate certainty in volatile markets.

Unlike Aave or Kamino where all lenders share a pool and rates fluctuate with utilisation, Loopscale lenders create specific offers specifying which collateral they accept, what rate they charge, and the loan duration (1 day, 1 week, 1 month, or 3 months). Borrowers match against the best available offer and both parties lock their rate for the full term. The protocol offers two main product surfaces: Vaults (passively managed lending strategies curated by third-party managers who earn fees for their curation) and Loops (active leveraged strategies that execute recursive borrowing and redepositing in one atomic transaction to amplify yield). Key integrations include Jupiter (swaps), Kamino (yield optimisation), Hylo (restaked SOL loops), and OnRe Finance (PT-ONyc vaults for dual airdrop farming).

Is the Loopscale airdrop confirmed?

Loopscale has not officially confirmed a token or TGE, but it runs an active points programme and a Polymarket prediction market placed approximately 62% probability on a Loopscale token launch by end of 2026 - making it one of the more market-validated unconfirmed airdrop candidates on Solana.

The team's background in Centrifuge (a real-world asset protocol that has issued tokens) and the protocol's structural similarities to Kamino (which ran a successful airdrop) both support the expectation. The points system, the dual-farming capabilities, and the growing curator marketplace all signal infrastructure being built for a longer-term token economy.

The OnRe USDC Vault within Loopscale is particularly notable for airdrop farmers: it awards 3x OnRe points alongside Loopscale points on the same capital, making it one of the most efficient dual-airdrop positions on Solana. The Hylo integration allows restaked SOL loops for users wanting SOL exposure with points multipliers stacked across both protocols.

Loopscale Airdrop Details

• Project: Loopscale (formerly Bridgesplit)

• Chain: Solana

• Type: Fixed-rate order-book lending protocol

• Status: Live - points programme active

• Token: Not yet confirmed - ~62% probability of 2026 launch per prediction market

• Points programme: Active - earned through lending, borrowing, vault deposits, and loop usage

• Dual farming: OnRe USDC Vault awards 3x OnRe points + Loopscale points simultaneously

• Flagship vault: Loopscale USDC Vault - 10%+ base APY + ADX rewards, self-managed by team

• OnRe USDC Vault: ~12.56% APY, 3x OnRe points, ~$3.5M deposits

• Hylo integration: Restaked SOL loop strategies with Hylo XP stacking

• Collateral types: LSTs (JitoSOL, mSOL), LP tokens (JLP), RWAs (PT-ONyc), and more

• Loan durations: 1 day, 1 week, 1 month, 3 months

• Launch: April 2025 (relaunched from Bridgesplit)

• Join: Loopscale

How to Farm the Loopscale Airdrop

To earn Loopscale points, deposit into Vaults for passive exposure, use Loops for amplified yield and higher point accrual, and specifically target the OnRe USDC Vault for dual airdrop farming of both Loopscale and OnRe points simultaneously.

1. Connect your Solana wallet at loopscale.com. Use the invite link at Loopscale to connect. Review the available Vaults and Loop strategies on the dashboard before depositing.

2. Start with the Loopscale USDC Vault for simplest entry. The flagship USDC Vault is self-managed by the Loopscale team, deposits into fixed-rate borrow markets, and deploys idle funds to variable protocols like Adrena for 10%+ base APY plus ADX incentive rewards. This is the lowest-friction entry point for USDC holders who want exposure to Loopscale points without active management.

3. Use the OnRe USDC Vault for dual airdrop farming. This vault uses PT-ONyc as collateral and offers approximately 12.56% APY plus 3x OnRe points plus Loopscale points on the same capital. It had approximately $3.5 million in deposits when researched. This is the most points-efficient single position on Loopscale if you also want OnRe exposure, since it earns toward two separate potential distributions simultaneously. Note: OnRe KYC is required to be eligible for OnRe points from this vault.

4. Try a Loop strategy for amplified yield and points. Loops execute recursive borrowing and redepositing in one atomic transaction. For example, the JLP Loop accepts JLP (Jupiter Liquidity Provider tokens) with a leverage slider from 1x to 4x at a locked 3-month rate, letting you amplify your JLP yield with cost certainty. The Hylo xSOL Loop stacks Loopscale points with Hylo XP simultaneously. Check the available loop strategies on the dashboard for current rates and available leverage tiers.

5. Provide lending offers in the direct market. Beyond Vaults, you can place direct lending offers specifying collateral type, rate, and duration. Matching a loan earns points and the full rate you specified for the loan term. This is the most active strategy and requires monitoring to roll positions at expiry.

6. Monitor the curator marketplace for new Vaults. Third-party curators build specialised Vaults and earn fees for their curation. New vaults with RWA exposure, higher yield targets, or novel collateral types appear regularly - early depositors in new vaults often earn disproportionate points before the vault fills to capacity.

How much does it cost to farm Loopscale?

Loopscale requires capital for lending or vault deposits, plus Solana gas fees on transactions, but no separate subscription or protocol fee for lenders beyond the interest rate market sets. The Loopscale USDC Vault generates 10%+ base yield, meaning your farming capital earns genuine return independent of any airdrop. The OnRe USDC Vault earns approximately 12.56% APY plus both protocol's points.

One important note on the April 2025 exploit: Loopscale experienced a security incident shortly after launch and resolved it within 72 hours via a white hat bounty with full user reimbursement and no incidents since. This is worth knowing before depositing. The fact that the team resolved it quickly and transparently is a positive signal, but early-stage protocol risk remains a factor to weigh against the potential airdrop upside.

Is Loopscale safe and legit?

Loopscale is a legitimate, working lending protocol on Solana with $62 million in peak deposits, active integrations across the Solana ecosystem, and a transparent track record including a disclosed and resolved security incident - it is a real product with genuine utility, not a points farming scheme.

The April 2025 exploit (resolved via white hat bounty) is the primary security note. No incidents have occurred since. Fixed-rate lending reduces some risks relative to variable protocols (no sudden rate spikes) but does not eliminate smart-contract risk or the risk of collateral value moving against a position. The isolated market structure means issues in one lending pair stay contained. Always check the official loopscale.com domain, verify vault curator addresses through official channels, and only lend capital you can afford to have locked for the loan duration you specify.

Loopscale Airdrop FAQ

What makes Loopscale different from Kamino or Aave?

Loopscale uses an order-book model where lenders specify rates, accepted collateral, and loan duration, and borrowers match against the best offer. Both parties lock their rate for the full term. Kamino and Aave use pool models where lenders deposit into shared reserves and rates fluctuate with utilisation. Loopscale's model gives lenders and borrowers rate certainty but requires more active management - lenders must roll positions at expiry rather than sitting in an always-liquid pool. The fixed-rate model is especially valuable in volatile crypto environments where variable rates can spike sharply.

What is the OnRe USDC Vault and why is it the best dual-farming strategy?

The OnRe USDC Vault on Loopscale uses PT-ONyc (OnRe's Principal Token) as collateral and deploys USDC at a fixed rate for 3-month terms. It earns approximately 12.56% base APY, 3x OnRe points (the same rate as Kamino LP on OnRe's leaderboard), and Loopscale points simultaneously. It had about $3.5 million in deposits when researched - much smaller than the top OnRe LP positions - meaning the points per dollar of capital are more favourable than in fully saturated pools. Requires OnRe KYC to be eligible for OnRe points attribution.

What are Loops on Loopscale and how do they work?

A Loop is a leveraged yield strategy that executes recursive borrowing and redepositing in one atomic on-chain transaction. For example, depositing 6 JLP and selecting 3x leverage means Loopscale automatically borrows USDC against your JLP, buys more JLP, and repeats - amplifying your JLP yield by 3x with a fixed cost locked for 3 months. You receive 3x the yield without managing the recursive steps manually, and the rate is locked so borrowing costs do not rise during the loan term.

Does Loopscale have a token?

No token has been officially announced as of June 2026. A Polymarket prediction market placed approximately 62% probability on a Loopscale token launch by end of 2026 based on market signals and comparable protocol timelines. Points are accruing on the platform but have not been officially linked to any future distribution. All farming remains speculative.

What happened with the April 2025 Loopscale exploit?

Loopscale experienced a security incident shortly after its April 2025 launch. The team identified and resolved it within 72 hours via a white hat bounty arrangement, with affected users reimbursed. No security incidents have occurred since. The protocol has continued to grow and integrate with major Solana DeFi protocols since the resolution. The transparent and rapid response is a positive indicator of the team's operational capability, but the incident is worth factoring into your risk assessment before depositing significant capital.

Related: OnRe Finance - Loopscale's OnRe USDC Vault farms both protocols simultaneously. Hylo - Loopscale's Hylo xSOL Loop stacks both protocols' XP. Full list: 200+ airdrops in 2026.