TxFlow: Early Volume Could Shape Retroactive Rewards

TxFlow sits in the pre-points window that rewarded early traders at Hyperliquid and other perp DEXs. Hyperliquid later gave 4.46M points, or 7.7% of its 57.9M supply, to roughly 11K closed-alpha users who traded before the public program launched. Variational and RISEx followed the same pattern with 3M and 1.6M retroactive points. TxFlow mainnet has run for four months and already recorded $2.8B cumulative perp volume, $1.43B in the last 30 days, and 5K users, all tracked onchain. No perp DEX points program or token allocation has been confirmed, yet the $50K Volume Surge campaign ends today. Historical data shows protocols that later launch incentives often weight early trading activity when distributing retroactive rewards crypto.