Phoenix is paying 15,000 USDC a DAY - and the leaderboard is barely contested. Solana's invite-only on-chain perp DEX (Ellipsis Labs, $75B on-chain volume, $20M raised) just launched Flight Club: 420,000 USDC over 28 days, paid daily in USDC, no lockups. The trick most miss: holding positions earns too - size and conviction are rewarded, so a held portfolio ranks you up, not just churn. No token yet = get in early. Invites are scarce.

Guaranteed USDC now, retroactive upside later: Phoenix Trade airdrop guide