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.
Check out our step by step 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
Steamm: Your Gateway to Fresh Rewards and Potential Airdrops!
Steamm has been buzzing with activity, consistently rolling out liquidity provider (LP) rewards and hinting at a structured points system. For airdrop hunters eyeing future opportunities, diving into Steamm’s ecosystem is a move you won’t want to miss!
Here’s a breakdown of the latest airdrop-related happenings from Steamm:
Ongoing & Recurring LP Rewards – Don’t Miss Out!
Steamm is committed to boosting liquidity on Sui with continuous reward programs. If you’re providing liquidity, you’re earning! Rewards are frequently refreshed, offering consistent opportunities.
| Event Date | Reward Type | Pairs | Details | Tweet Link |
|---|---|---|---|---|
| July 8, 2025 | sSUI & WAL | WAL-USDC, USDT-USDC, SUI-USDC (for sSUI); WAL-USDC (for WAL) | Latest Refresh: 13,935 sSUI and 311,854 WAL. Rewards refresh every 2 weeks! | Tweet |
| June 24, 2025 | sSUI & WAL | WAL-USDC, USDT-USDC, SUI-USDC (for sSUI); WAL-USDC (for WAL) | Previous Refresh: 25,510 sSUI and 408,850 WAL. | Tweet |
| May 27, 2025 | OSHI & USDC | OSHI-USDC | Launched a new OSHI-USDC pool with additional rewards. | Tweet |
| May 26, 2025 | WAL & sSUI | WAL-USDC | Part of “The Great Refill” campaign, offering 142,656 WAL and 4,964 sSUI rewards until June 1. | Tweet |
To maximize your earnings, ensure you’re providing liquidity to these incentivized pools!
Past Airdrop Distribution: Backpack SEND Rewards Confirmed!
Good news for those who participated in the earlier Backpack Wallet Campaign!
- Rewards Distributed: On June 9, 2025, Steamm confirmed that the Backpack SEND Rewards from the Suilend and STEAMM Backpack Wallet Campaign have been successfully distributed.
- Campaign Details: For context, this campaign involved a snapshot in May, where the top 1,000 net new depositors using Backpack Wallet were eligible to share $10,000 in SEND rewards.
If you participated, check your wallet! Backpack SEND Distribution Confirmation Original Backpack Campaign Details
STEAMM Points: A Clue for Future Seasons?
While details are scarce, a recent tweet asked: “Did you get enough STEAMM Points this season?” This strongly suggests an ongoing points system is in play, potentially serving as a key factor for future airdrops or reward distributions. Airdrop hunters, keep an eye on your activity and look out for any official announcements regarding Steamm’s points system and its future utility! STEAMM Points Tweet
Summary for Airdrop Hunters:
Steamm is clearly focused on incentivizing liquidity provision through consistent and attractive rewards. The confirmed distribution of Backpack SEND rewards and the ongoing “STEAMM Points” system indicate a project that values its early supporters and active participants. Stay active in the pools, keep an eye on fresh reward cycles, and you might just position yourself for future airdrops!
Angela Wang
Angela loves cryptocurrency, technology that improves our lives...and food. Anything that merges these worlds together is even better.