Steamm is an automated market maker (AMM) that uses unused funds to earn extra returns by lending them through Suilend protocol.They have recently launched STEAMM Beta and users can test out their platform. This means they could potentially reward users in the future with a token airdrop! Here is our Steamm token airdrop guide.
What is Steamm?
STEAMM is a Superfluid Automated Market Maker (AMM) that optimizes idle liquidity by depositing it into Suilend for additional yield. It currently supports constant pools, which use a formula similar to Uniswap V2, and offers trading pairs like SUI-USDC and wBTC-SUI with varying fee tiers. A 20% protocol fee is applied to swaps, with the remaining 80% distributed to liquidity providers.
How to get the Steamm token airdrop?
Time needed: 5 minutes
Here is a guide on how to get the potential Steamm token airdrop
- Connect to Steamm
Go to https://steamm.fi/ and connect your wallet. You will need to use a wallet that supports the Sui network.
- Swap assets
Go to the swap section by clicking “Swap” at the top of the page. Swap some USD to Walrus ($WAL) tokens.
- Add liquidity
Click “Pools” and choose a pool to add tokens.
- Earn points
Depositing tokens into certain liqudity pools in step 3 above allows you to earn points. Earn more points to move up the leaderboard!
Latest News on Steamm
Project Name: Steamm - Airdrop Hunter’s Update!
Steamm is heating up with continuous opportunities for airdrop hunters and liquidity providers! If you’ve been eyeing the Sui ecosystem for potential gains, Steamm’s consistent reward programs for LPs make it a project to keep on your radar. While there haven’t been explicit “airdrop snapshot” or “NFT claim” announcements, Steamm is actively incentivizing participation through attractive liquidity pool rewards, often refreshed on a bi-weekly basis – essentially, a rolling season of token handouts for active users!
Catch the Reward Waves: Continuous LP Incentives
Steamm has been busy rolling out and refreshing reward programs for liquidity providers. This means consistent opportunities to earn various tokens by supplying liquidity to specific pairs on their platform. These rewards are not one-off events but rather continuous cycles, with the project explicitly stating that rewards will be “refreshed in 2 weeks,” creating an ongoing incentive structure.
Key Reward Events & Opportunities:
Here’s a breakdown of the recent reward cycles announced by Steamm:
| Event | Date | Details | Link |
|---|---|---|---|
| New LP Rewards Live (Cycle 1) | August 19, 2025 | sSUI, WAL & DEEP rewards went live. LPs could earn from 18,194 sSUI on WAL-USDC, USDT-USDC, SUI-USDC, IKA-SUI pairs; 25,000 DEEP on WBTC-SUI; and 179,220 WAL on WAL-USDC. Rewards were set to refresh in 2 weeks. | Tweet Link |
| New ALKIMI-SUI Pool & Rewards | August 19, 2025 | Introduction of a new ALKIMI-SUI CPMM pool (0.3% fee tier). LPs in this pool could earn additional ALKIMI and SEND rewards. | Tweet Link |
| Refreshed LP Rewards Live (Cycle 2) | September 2, 2025 | sSUI, WAL & DEEP rewards were refreshed and went live again. LPs can earn from 21,433 sSUI on WAL-USDC, SUI-USDC, IKA-SUI, xBTC-USDC pairs; 22,500 DEEP on WBTC-SUI; and 202,942 WAL on WAL-USDC. Rewards are due for another refresh in 2 weeks. | Tweet Link |
What This Means for Airdrop Hunters:
While Steamm hasn’t announced a conventional “airdrop” for its own token, the continuous and recurring liquidity provision rewards for various tokens (sSUI, WAL, DEEP, ALKIMI, SEND) are a golden opportunity. By actively participating as a liquidity provider in these incentivized pools, you are directly earning tokens, which is often a precursor or a qualifying activity for future potential airdrops from the protocol or its partners.
Keep an eye on Steamm’s announcements as they consistently refresh their LP reward programs, providing ongoing chances to accumulate value within the Sui ecosystem. Full STEAMM ahead for earning!
Angela Wang
Angela loves cryptocurrency, technology that improves our lives...and food. Anything that merges these worlds together is even better.