The honest accounting of point farming since 2025 looks bad for participants. LayerZero was the most visible disappointment — months of bridging fees and careful wallet management for allocations that didn’t justify the work. EigenLayer restakers had similar experiences. zkSync and Linea added to the list. The campaigns extracted real capital and time from participants, delivered lower-than-expected distributions, and moved on. Hyperliquid was the exception. It distributed at a valuation most people didn’t anticipate and rewarded early users genuinely.
The difference wasn’t luck. Hyperliquid was a product people were using because it was the best version of what it did. The farming was incidental to actual engagement. The other campaigns were farming infrastructure that people weren’t using for any other reason — the participation was purely extractive from the participant’s side as well.
That distinction is why Catapult Trade is worth looking at seriously rather than dismissing as another points program.
The platform is a trading product with real daily volume. A token was confirmed in AMA and referenced in subsequent comments. The Global Score has been accumulating since December 2025. KuCoin Ventures invested in March 2026. The specifics — TGE timeline, allocation mechanics, vesting — are unconfirmed. That’s standard at this stage.
Table of Contents
Where the leaderboard stands
Top 10 Global Score runs between 4M and 70M points. The spread indicates the pack is still reachable — a new entrant can move into competitive territory without matching the top position. Four months of history means no one has an insurmountable lead. The score weighting puts trading activity well above creation and social contribution. For a new participant without existing infrastructure, consistent trading is the efficient path.
The leverage dynamic
Fees in the score calculation are collateral-based. Catapult Trade offers leverage up to 125x. The practical effect: meaningful score accumulation doesn’t require proportionally large capital at risk. Cycling a moderate position through consistent activity generates the collateral volume that drives score. The platform’s house edge is thin — the fee cost of sustained farming is real but not prohibitive. Current top-10 positioning from zero requires weeks of activity and a few hundred dollars in fees.
Who this works for
Traders already active on short-session or synthetic platforms get the best of it — routing existing activity through Catapult Trade adds no cost and accumulates score on top of what they were doing anyway. For pure farmers, the question is whether the expected distribution clears the cost of deliberate fee accumulation. Given an AMA-confirmed token, active institutional backing, and a scoring system the documentation explicitly ties to future incentives, the probability-adjusted case is better than most active farm targets. Not a certainty. Never a certainty. But better shaped than the alternatives.
The leaderboard is still contestable. The window is still open. Both of those statements will stop being true at some point.
