Meridian Points System Aims to Reward Traders with USDe Yields and Predictive Markets
Meridian, the rebranded perpetual futures exchange and prediction market platform, has introduced a points system that rewards users for trading and providing liquidity. The platform, which was previously known as Ethereal, now offers two products under one roof: perpetual futures on real-world assets and prediction markets covering sports, macro data, and geopolitical events.
The Meridian Points system combines existing Ethereal Points carried over from before the rebrand with new points earned through current trading and liquidity activity. Users can earn points by depositing USDe, a stablecoin issued by Ethena, and using the platform for trading and prediction markets.
Ethereal users who migrated to Meridian automatically had their points history carried over, while new users qualify simply by depositing USDe and using the platform. The MLP Vault allows users to earn USDe yield, a 30x Ethena reward multiplier, and a share of Meridian Points, but has a hard cap of roughly $1 million in deposits.