Ebisu
UpcomingEbisu is a Liquity V2-based credit market. Testnet activity earned points, but no token or airdrop is confirmed and the guide calls it speculation.
Airdrop Details
| Reward Type | Points (airdrop speculative) |
|---|---|
| Blockchain Network | Ethereum / Plasma |
| Industry / Category | Airdrop |
| Ecosystem | Ethereum / Plasma |
| Time Required | ~ 10 Minutes |
| Eligibility | Task Based |
| End Date | Ongoing |
About The Project
Ebisu Finance is described by Alchemy's dApp directory as a stablecoin credit market built on Liquity V2, where users borrow a stablecoin called ebUSD against assets such as WBTC, weETH and sUSDe. Its combined total value locked is about $210,000 across Ethereum and Plasma, though another tracker shows much less, so one of them is stale.
Earlier text on this page was a generic description with no sources.
Why This Airdrop Matters
Airdrops.io says that during its testnet, users could earn points by depositing assets and through a Galxe quest, and that taking part might make them eligible for an airdrop if the team launches a token. The same guide adds that this is only speculation and carries no guarantee.
We found no announcement of a token, a snapshot or a claim date. The small size of the protocol is relevant: a market holding a few hundred thousand dollars is an early-stage experiment, and borrowing against volatile collateral there carries the usual liquidation risk.
If you are interested in the product itself, the Liquity V2 design lets borrowers set their own interest rate, which is different from most lending markets, and worth reading about before you borrow.
Liquity V2 is a respected design, but a fork of respected code is not the same as a respected deployment. Small protocols have fewer users watching for bugs, fewer liquidators keeping the system healthy, and thinner markets for the collateral they accept. When a protocol holds a few hundred thousand dollars, one failed oracle or one coordinated attack can cause serious losses.
The speculation of a future airdrop is not a reason to take that risk. If you want exposure to this kind of product, reading the audits and watching how the system behaves in a market drop first is cheap.
Participation Guide
Do not deposit funds only to farm possible points. Smart-contract bugs, oracle problems and liquidations can all lose money, and a small protocol has had less time to be tested. Check for audits on the official site and compare contract addresses with those it publishes. Be wary of any message offering a "guaranteed" Ebisu reward.
Connect Wallet
Connect your wallet using only official verified links.
Join Community
Follow social accounts and join community channels.
Complete Tasks
Execute platform tasks, quests, or testnet actions to earn points.
Claim Rewards
Track your eligibility and wait for the official claim dates.
Detailed Tasks Requirements
- No token or airdrop is confirmed.
- Testnet points came from deposits and a Galxe quest.
- Understand liquidation risk before borrowing ebUSD.
Frequently Asked Questions
Not announced.
The stablecoin borrowed against collateral on Ebisu.
Alchemy shows about $210,000 TVL across Ethereum and Plasma; another tracker shows less.
No. The guide calls it speculation.
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