PERRY Community Airdrop by Swaperry: What’s Real and What’s Not
Dec, 26 2025
There’s been a lot of talk about a PERRY community airdrop from Swaperry - but if you’re looking for a big, free token drop like other DeFi projects, you’re going to be disappointed. The truth is, there hasn’t been a large-scale PERRY airdrop. What you’ll find instead is a small, targeted promotional event that barely qualifies as an airdrop at all.
What Actually Happened With the PERRY Airdrop?
The only documented event tied to PERRY tokens and a reward distribution happened in early 2025, during a Coin98 Wallet AMA session hosted by Swaperry. It wasn’t an open, community-wide giveaway. It was a tightly controlled, invite-only Q&A with a total prize pool of just 100 USDT.
Here’s how it broke down:
- One lucky participant won 10 USDT as a random draw during the welcome segment.
- Five people who asked the best questions each got 10 USDT - that’s 50 USDT total.
- Four more participants received smaller prizes, splitting the remaining 40 USDT.
That’s it. No wallet address submissions. No social media tasks. No waiting in line for weeks. No token claims portal. Just a quick, small reward for people who showed up, asked smart questions, and got lucky.
What Is PERRY Token Even For?
If you’re wondering why anyone would care about this token, you need to understand what PERRY actually does inside the Swaperry ecosystem. PERRY isn’t just a speculative asset - it’s a utility token with three real functions:
- Unlocking advanced trading tools - Like limit orders, options, and derivatives, which are usually only found on centralized exchanges like Binance or Coinbase.
- Earning a share of trading fees - Swaperry takes a small cut from every trade. Holders of PERRY get a portion of that revenue, distributed automatically.
- Voting on platform upgrades - If Swaperry wants to add a new feature, change fee structures, or partner with another chain, PERRY holders vote on it. Your tokens give you a say.
Right now, PERRY trades around $0.0012-$0.0013 USD. The 24-hour volume is around $324,000, which means it’s not dead - but it’s not booming either. It’s a niche token for active DeFi traders who want more control than typical AMM DEXes offer.
Swaperry Isn’t Your Typical DeFi Project
Most DeFi platforms launch with massive airdrops to attract users. Uniswap, SushiSwap, Curve - they all gave away millions in tokens upfront. Swaperry didn’t. Instead, they focused on building something better: a decentralized exchange that feels like a centralized one.
Swaperry lets you place limit orders, set stop-losses, and trade options - all without giving up custody of your crypto. That’s rare. Most DEXes only offer basic swaps. Swaperry added professional-grade tools while staying fully decentralized.
It’s built on Polkadot, not Ethereum. That means lower fees and faster transactions. Some sources still say it’s on Ethereum - that’s outdated. Swaperry moved to Polkadot in 2023 to handle scalability. This isn’t just marketing. It’s a technical shift that affects how you interact with the platform.
Where Can You Get PERRY Tokens?
You won’t find PERRY on Coinbase or Binance’s main spot market. But you can buy it on decentralized exchanges that support Polkadot-based tokens. The easiest way is through Coin98 Wallet, which integrates directly with Swaperry’s liquidity pools.
Here’s how to get it:
- Install Coin98 Wallet (available on iOS, Android, and as a browser extension).
- Connect it to Swaperry’s DEX interface.
- Swap USDT, DOT, or another supported token for PERRY.
There’s no official Swaperry wallet - you use your own. That’s a good thing. It means you control your keys. But it also means you need to know what you’re doing. Don’t send ETH to a Polkadot address. Don’t use MetaMask unless you’ve bridged to the right chain. Mistakes here cost money.
Will There Be Another Airdrop?
Swaperry’s roadmap mentions a “comprehensive rewards system for loyal users.” That sounds promising. But “rewards system” doesn’t mean “airdrop.” It could mean fee rebates, staking incentives, or performance-based bonuses. It might even mean more AMA-style giveaways.
But here’s the reality: Swaperry has never announced a future airdrop. Not in their blog. Not in their Discord. Not in their whitepaper. If you see someone claiming “PERRY airdrop coming soon,” they’re either misinformed or trying to sell you something.
Don’t fall for fake airdrop sites. No legitimate project will ask you to send crypto to claim free tokens. No legitimate project will ask for your seed phrase. If it sounds too good to be true - it is.
Who Should Care About PERRY?
PERRY isn’t for beginners. It’s not for people looking to get rich quick. It’s for active traders who:
- Use limit orders and stop-losses daily.
- Want to earn from trading fees instead of just paying them.
- Believe in decentralized governance and want to vote on platform changes.
- Are already using Polkadot-based tools and want deeper integration.
If you’re just holding crypto hoping for a free token drop, PERRY won’t help you. But if you’re already trading on DeFi platforms and want more control, more tools, and a real voice in the project - then PERRY might be worth exploring.
What’s Next for Swaperry?
Swaperry’s next big updates include cross-chain bridges to Bitcoin and Ethereum. That’s huge. Right now, you can only swap within the Polkadot ecosystem. But if they connect to Bitcoin and Ethereum, PERRY could become a bridge token - a utility token used across multiple chains.
They’re also building better analytics tools. Think of it like TradingView, but built into the DEX. You’ll be able to track price trends, liquidity pools, and order flow without leaving the platform.
None of this requires an airdrop. Swaperry’s strategy isn’t about giving away tokens - it’s about building a product so good that people want to use it, hold it, and help improve it.
Final Take: No Free Lunch, But Real Value
There’s no PERRY community airdrop in the way most people imagine it. There won’t be a wave of free tokens dropping into your wallet. But there is real value in holding PERRY if you trade on Swaperry.
Don’t chase airdrops. Chase utility. If you’re already using a DEX and want better tools, lower fees, and a say in where the platform goes - then PERRY is worth your time. Just don’t expect a handout. Swaperry isn’t giving away free money. They’re offering a better way to trade.
Is there a PERRY airdrop happening right now?
No, there is no active PERRY airdrop. The only recorded reward event was a small 100 USDT giveaway during a Coin98 Wallet AMA in early 2025. It was not an open, community-wide airdrop and has not been repeated.
Can I still get PERRY tokens for free?
No, you cannot get PERRY tokens for free outside of rare promotional events like the one in 2025. Any website or social media post claiming to give away PERRY for free is a scam. Always buy PERRY directly through Swaperry’s official DEX or trusted decentralized exchanges like Coin98 Wallet.
Is PERRY built on Ethereum or Polkadot?
PERRY is built on the Polkadot ecosystem. Some older sources incorrectly list it as Ethereum-based, but Swaperry migrated to Polkadot in 2023 to reduce fees and improve speed. All trading, staking, and governance functions now run on Polkadot.
How do I buy PERRY tokens?
Buy PERRY through Swaperry’s decentralized exchange using a wallet like Coin98 Wallet. Connect your wallet, select PERRY as the token you want to buy, and swap DOT, USDT, or another supported asset. Never send funds to an unknown address or website claiming to distribute PERRY.
What’s the point of holding PERRY if I don’t trade?
If you don’t trade on Swaperry, holding PERRY offers little benefit. The token’s value comes from unlocking advanced trading features, earning a share of fees, and voting on governance. If you’re not using those functions, PERRY won’t generate returns. It’s not a passive investment like Bitcoin or Ethereum.
Will Swaperry do a bigger airdrop in the future?
There are no plans announced for a large airdrop. Swaperry’s roadmap mentions a rewards system for loyal users, but that could mean fee rebates, staking rewards, or performance bonuses - not free token drops. Don’t assume an airdrop is coming just because other projects did one.
Is Swaperry safe to use?
Swaperry is a non-custodial DEX, meaning you keep control of your funds. It’s been audited and operates on the secure Polkadot network. However, like all DeFi platforms, you’re responsible for your own security. Use a trusted wallet, never share your seed phrase, and double-check contract addresses before trading.