Is the Venom airdrop still active?
No new reward can be earned by completing the testnet tasks in this guide. The 2023–2024 testnet campaign ended, VENOM began spot trading on 25 March 2024, and the project subsequently distributed testnet-user rewards through time-limited Venom Quests claims. The old task NFTs, faucets, social actions, testnet transfers and partner-app steps are historical.
Venom's current priority is a 2026 mainnet migration, not a rerun of the old airdrop. The new network went live in late June 2026 after the VIP-003 vote, and the official migration portal now offers a one-way 1:1 transfer of native VENOM and supported USDT from the old network. The official migration FAQ says old-chain history may be considered for any future allocation, but that is conditional language—not a confirmed new airdrop.
| Item | Status verified 13 August 2026 |
|---|---|
| Original Venom testnet tasks | Ended; do not repeat the 27-step archive. |
| VENOM mainnet and exchange listing | Completed in March 2024; OKX spot trading opened 25 March. |
| Testnet-user rewards | Historical claims were delivered through later Venom Quests seasons and cases. |
| Current reward programme | Venom Quests Season 6 advertised an 11 million VENOM leaderboard prize pool. Stage 5 was postponed during migration and the latest official update says it is “coming soon.” This is separate from the old testnet airdrop. |
| VIP-003 network migration | Live; official portal provides a one-way transfer to the new mainnet. |
| Old mainnet | Scheduled to remain online for six months after the new network launch, then shut down. |
| Wallet | Venom Wallet is being retired; the project directs users to SparX for the new network. |
| ADGM status | The former ADGM entity cancelled its commercial licence and entered liquidation in 2024; current Venom operations are not that regulated entity. |
What happened to the Venom testnet airdrop?
The original guide was directionally right that testnet activity could lead to rewards, but wrong to treat the whitepaper's full 22% “community” allocation as if it were likely to become one testnet airdrop. An allocation category can fund grants, incentives, staking, quests or distributions over time.
After mainnet, Venom Quests announcements said users who completed at least one old testnet task were eligible for a Fairytale case containing VENOM and/or partner digital goods. The project described a first testnet airdrop during Season 2 and another testnet-user case during Season 3. Claim windows for some rewards lasted only seven days and later extensions also closed. Those past entitlements cannot be recreated by minting an old NFT or interacting with a retired testnet page now.
Do not connect a wallet to a “retroactive Venom claim” found in a search ad, reply or direct message. An eligibility checker never needs a recovery phrase, private key, remote-access session or an advance “unlock fee.”
Is there a current Venom Quests reward campaign?
Yes, but it is not a rerun of the testnet airdrop. Venom announced Season 6 of Venom Quests on 3 April 2026 with an 11 million VENOM prize pool: 10 million for its main leaderboard and 1 million for its social leaderboard. Participants earn XP from specified ecosystem and social tasks and compete for leaderboard rewards; connecting a wallet alone does not guarantee a payment.
Stage 4 ran from 27 May to 10 June. Stage 5 was first moved to 19 June and then postponed during the network migration. In the latest official channel update reviewed on 13 August 2026, Venom said Stage 5 was still “coming soon” and that its exact start date would be announced later. The project said the stage would support swapping Early Participant NFTs to the upgraded network, fresh tasks and new token mechanics, while previously earned XP would move to the new protocol.
Because dates, tasks and eligibility can change, check the live Venom task site and the official announcement channel before taking part. Treat token-holding, trading, liquidity or transaction-volume tasks as financial activity with real downside—not as a free or guaranteed airdrop.
Current action for VENOM holders: check the 2026 migration
The June 2026 VIP-003 upgrade created a new mainnet with a clean state while preserving the address format. The Foundation says native VENOM and supported USDT can be transferred 1:1 without changing supply or vesting. Because the old network is intended to close after a six-month transition, self-custody holders should establish which network their assets are on and follow the current official status promptly.
- Start at venom.foundation/migration. Use its link to
migrate.venom.network; do not trust a sponsored search result or lookalike spelling. - Confirm whether the balance is on the old native Venom network, the new network, an exchange or a bridged chain. The correct action is different for each.
- If VENOM is on an exchange, read that exchange's current deposit, withdrawal and migration notice before moving it. Never send old-network coins to a new-network deposit address.
- If using the official self-custody portal, verify the source, destination and recipient address. The project warns that the transfer is one-way; sending new-network assets back to the old network can cause loss.
- Leave the gas amount specified on the live portal and migrate a small test amount before the remainder.
- Verify arrival in the new explorer linked from the official site. Old history is separately available through
old.venomscan.com. - Handle stVENOM, third-party tokens and NFTs separately. The project says stVENOM must be unstaked and that each NFT or token project controls its own migration.
- Record transaction IDs and confirm the exact closing date from the live official page. It says “within six months of launch” but does not show a fixed calendar deadline in the text reviewed here.
Seed-phrase warning: the project says existing Venom addresses can be restored in SparX, but a recovery phrase controls all associated funds. Download SparX only through the link on the official Venom page or its verified app-store publisher. Never paste a seed into the migration website. If an old phrase protects other valuable accounts or a hardware wallet, do not casually import it into a browser extension; wait for supported hardware-wallet instructions or move other assets to fresh keys first.
What happened to Venom's ADGM regulation?
The original article's statement that Venom Foundation was “fully regulated by financial authorities in Abu Dhabi” must not be used. ADGM's Registration Authority said Venom Foundation ADGM voluntarily cancelled its commercial licence in February 2024 and appointed a liquidator in March 2024. Two associated ADGM companies also appointed a liquidator.
ADGM explicitly said those entities were not associated with the social-media announcements about the Venom Blockchain launch. Current organisations or social accounts using the Venom name should therefore not imply they inherit the former entity's ADGM registration or regulatory standing.
VENOM token and network facts
- VENOM is the native gas and proof-of-stake currency of the Venom network, not a TIP-3 contract token.
- The published whitepaper set an initial issue supply of 7.2 billion VENOM and described an inflationary model without a fixed maximum supply.
- The whitepaper allocated 22% to the community, but that did not mean 22% was one airdrop.
- The current migration states that the swap is 1:1 and does not change the supply or vesting schedule.
- WVENOM is a separate wrapped TIP-3 representation. The official docs list the old-network WVENOM root as
0:77d36848bb159fa485628bc38dc37eadb74befa514395e09910f601b841f749e; always confirm the current network and contract through official docs. - VENOM does not confer shares, dividends or a claim on Foundation profits according to the whitepaper.
Corrections to the original March 2024 guide
- Mainnet and the 25 March 2024 exchange listings are completed events, not upcoming opportunities.
- The old testnet task programme is closed and should not be farmed.
- Testnet users later received time-limited reward cases, so “unlikely to do an airdrop” is outdated.
- Venom Quests Season 6 is a separate competitive leaderboard programme with an advertised prize pool, not a new claim for completing the archived testnet steps.
- The community allocation was 22%, but it was never evidence that all 22% would be airdropped to testnet users.
- The whitepaper says 25.5% of the initial supply was unlocked and 74.5% locked at release; the archive's 15.5% and 84.5% figures are incorrect.
- The former Venom Foundation ADGM entity cancelled its licence and entered liquidation. Current Venom activity is not “fully regulated by ADGM.”
- Venom Wallet is being retired for the VIP-003 migration; the project now points to SparX.
- The original Bybit referral links have been removed.
- The OneArt task's instruction to import a recovery phrase is expired and creates avoidable key exposure.
- All quoted testnet addresses, dApps, NFTs, pools and faucets belong to the historical network and have not been validated for current use.
Original March 2024 Venom airdrop guide (historical archive)
The archive below is preserved substantially as published. Its testnet tasks, claim assumptions, wallet installation, dApp links and exchange promotions are expired. Do not send funds, import a seed phrase or approve transactions by following it.
Venom Foundation have launched a $1 billion fund to invest in Web3 and blokchain firms. And is launching a layer-0 blockchain that will function as the main infrastructure for a global ecosystem of Web3 applications. According to their whitepaper, 22% of the initial token supply will be allocated to the community. This is very likely to be an airdrop to early users. Venom has launched their mainnet on 18th March 2024 and their $VENOM token will be listed on 25th March 2024! Here is our Venom token airdrop guide.
Check out our video on the latest news and predictions for the upcoming potential Venom token airdrop!
What is happening to Venom?
On 16th December 2023, Venom Foundation announced on Twitter as of 14th December 2023, they will no longer continue operating in ADGM (Abu Dhabi Global Market). Therefore, Venom Foundation will begin the dissolution process. They have however, mentioned that they are open to exploring future opportunities within ADGM. However, it does mean that it is unlikely there will be a Venom airdrop in the foreseeable future.
Step-by-Step Venom Testnet Guide
Venom Foundation Airdrop: Double Your Rewards WITH THIS!
Watch on YouTubeWhat is Venom Foundation?
Venom Foundation is a new layer-0 blockchain that envisions a global economy built on decentralized, blockchain-based, financial systems. They are a new player in the financial application-specific blockchain (appchain) space, offering real-world assets (RWA) with the transparency of a blockchain. They are fully regulated by financial authorities in Abu Dhabi.
The architecture of Venom Foundation is essentially a modular blockchain that is built on its own Threaded Virtual Machine (TVM). This allows for the efficient execution of smart contracts through an asynchronous communication model as well as dynamic sharding.
In theory, the Venom blockchain can handle interactions between accounts more effectively than EVM-based networks, allowing for greater parallelism and reduced delays. As the network experiences heavy loads, validators divide into parallel groups and handle transactions through “split events.” As such, their mission is to be the infrastructure for the next generation of digital services and products.
Does Venom Foundation have a Token?
$VENOM, the native currency of the Venom blockchain, serves multiple purposes. It is used to pay transaction fees, which helps maintain the network and compensate validators. Additionally, it secures the network through a proof-of-stake mechanism and allows network participants to support validators via DePools staking.
According to their whitepaper, the $VENOM token has no fixed maximum supply. It has an inflationary model, with a projected annual inflation rate of 1%. However, the Venom Foundation is exploring ways to transition to a deflationary model. It is worth noting that 22.0% of the tokens will be allocated towards the community, and 10% will be unlocked at TGE.
Venom have confirmed their $VENOM token will be listed on 25th March 2024 on Bybit, OKX, MEXC, gate.io, Poloniex and Web3.world.
The historical Bybit sign-up promotion has ended.
How to Get $VENOM Token Airdrop?
The best way to get the $VENOM airdrop is to interact with the Venom Network Testnet. Here’s a step-by-step guide:
- Create a Venom Wallet
Go to the Venom Network Testnet, and install a Venom Wallet (Chrome users can download here). Pin the wallet to your Google Chrome Extension at the top right.
Connect your Twitter account to your Venom wallet to claim 50 testnet $VENOM tokens. - Claim Testnet $VENOM Tokens
Go to the Task page and log in with your Venom Wallet. Connect your wallet, Twitter account and follow Venom Foundation to claim 50 testnet $VENOM.
You can also claim additional testnet tokens by completing other tasks on the Faucet page. You will be required to complete various tasks to claim additional testnet Venom. - Complete Venom Foundation tasks
On the task page, follow Venom Foundation on Telegram and subscribe to their YouTube Channel. Once that’s done, you can claim your NFT by clicking “Mint NFT”.
- Complete Venom Wallet tasks
Go to the task page. Send at least 1 VENOM token to 0:077873f1453fa67b0f1ce77f1e806675acd19c4694b9738be61fd406618f2f7a. Then, click “Mint NFT”.
- Complete Web3.World tasks
On the task page, join the Web3.World Telegram Channel and swap any token available on testnet.web3.world to any other tokens. Then mint the NFT.
- Use Venom Bridge
Go to the task page. Join the Venom Bridge Telegram channel. Then, transfer tokens from Venom to EVM chains. First, go to https://testnet.venombridge.com/bridge and connect your Venom and EVM (e.g. Metamask) wallets. In the “From” and “To” fields, select “Venom Testnet” and “Binance Smart Chain” respectively. Select the amount of Venom tokens you want to transfer and turn off the “Swap TVENOM to pay BSC gas” option. Click “Continue”, then approve the transaction. Then, go to the “History” tab, click “Only My” and find that transaction. Click on the transaction and “confirm” to release transfer in Binance Smart Chain. Afterwards, do the transaction in reverse, i.e. swap from Binance Smart Chan to Venom Testnet.
- Claim Snipa Finance NFT
Go to the task page and complete the tasks to claim your free Snipa Finance NFT! Full guide here.
- Stake Venom
Go to the task page. Connect your Venom wallet to https://testnet.venomstake.com/. Then choose the amount you wish to stake and click “Stake”. You can also unstake your Venom at any time by going to the “Unstake” tab, choosing the amount you wish to unstake and clicking “Unstake”. On the task page, click “check”, you may need to wait a few minutes after the task has been completed before the checking will be sucessful. Finally, mint the NFT.
- Trade NFTs on Oasis Gallery
Find the instructions on the task page. Oasis Gallery is a NFT marketplace on Venom. Buy any NFT on Oasis Gallery here. Click on the NFT you wish to buy, connect your Venom wallet, click “Buy now” and confirm the transaction. Then go back onto the task page and click “Check”. Now, list your NFT for sale on Oasis Gallery by going to their website and going to the “My NFTs” tab. Click on your NFT and “Put for sale”. Choose your sale price and confirm the transaction. Return to the task page and click “Check” and finally, mint your NFT.
- Complete VenomPad tasks
Go to the task page. Follow and Tweet about VenomPad. Click “Check” once each of the the tasks have been completed. Mint the NFT.
- Buy NFT on Nümi
Go to the task page. Watch the video, tweet about Nümi and buy any NFT on the Nümi marketplace.
If you made a Venom Wallet before June 2023, you should receive Nümi token airdrops. Click the refresh button at the bottom part of your wallet to see it. If you don’t have any Nümi tokens, you can swap them at Web3.World with VENOM tokens. Once you have some Nümi tokens, you can buy an NFT on the Nümi Marketplace after signing up for an account. Finally, mint the NFT. - Mint Ylide NFT
Go to the Ylide task page. Post about Ylide on Twitter. Then, connect your Venom wallet to https://hub.ylide.io/feed/venom and post an on-chain message. Finally, mint your Ylide NFT.
- Complete Gravix tasks
Go to the task page. Follow Gravix on Twitter. Then, connect your Venom wallet to https://app.gravix.io/ and open a long/short position. However, you will need USDT to open a position. If you do not have any USDT in your Venom wallet, go to https://testnet.web3.world/swap and swap some $VENOM for $USDT first. Lastly, mint your NFT.
- Collect Qamon NFT
Go to https://venom.network/tasks/qamon. Follow Qamon on Twitter and send an on-chain mail on https://app.qamon.io/. Then, mint the NFT.
- Burn Venom
Go to the Venom Burn task page. Follow Venom Burn on Twitter. Then, go to https://testnet.venomburn.com/ and burn any amount of VENOM for any project. Mint your NFT.
- Complete OneArt tasks
The expired OneArt task instructed users to download its mobile app and import the Venom Wallet recovery phrase before minting two NFTs. Do not repeat this task or enter an old seed phrase into OneArt; the campaign is over and a recovery phrase gives complete control of the wallet.
- Complete Valicit tasks
Go to the Valicit task page, follow Valicit on Twitter, buy a ticket and mint their NFT.
- Wrap $VENOM tokens
Visit the Swap page. Choose VENOM and WVENOM tokens, and the amount. Then click “Wrap VENOM” and approve your transaction.
- Provide liquidity
Go to “Liquidity Providing” and click “Add Liquidity”. Then, connect pool and approve the transaction, set the amount you wish to add and continue. Next, deposit your tokens and confirm the transaction in the wallet. Then, click “Supply tokens” and approve the transaction.
- Deposit into farming pools
Go to the “Farming” tab, choose the USDT/WVENOM pool. Then, enter the amount you want to deposit and select the lock-up period. Click the deposit button and approve the transaction in your Venom Wallet when prompted.
- Complete Everplay tasks
Go to the Everplay task page. Follow @everplaygg on Twitter. Then, buy a Venom Pass for 0.05 $VENOM (note this is testnet Venom and won’t require you to use real funds). Finally, mint your NFT.
- Complete Chainspot tasks
Connect your wallet to the Chainspot task page. Follow @chainspotIO on Twitter. Then, connect your Metamask wallet to Chainspot (make sure you are connected to BSC Chain) and click “Claim” in order to Claim 10 $CST tokens. Transfer any amount of CST tokens from BSC Chain to Venom Testnet. Finally, mint your NFT.
- Complete Segmint tasks
Go to the Segmint task page. Follow @segmintapp on Twitter. Next, mint any segment on segmint.app by finding an empty seat and clicking “Mint segment”. This will cost 0.49 testnet $VENOM. Finally, mint your NFT.
- Post screenshot and wallet address on Venom Discord
Post a screenshot of your NFT achievements together with your wallet address on the Completed-tasks channel on Venom’s Discord.
- Complete Ventory tasks
Go to https://venom.network/tasks/ventory. Follow Ventory on Twitter and mint a NFT on https://ventory.gg/ino/ventoryonvenom. Finally, mint the Ventory NFT.
- Complete tasks and collect NFT rewards
Connect your wallet regularly to https://venom.network/tasks. Complete any new tasks, there will be more coming soon! Since the tasks are relatively easy to complete, we believe that users may have to collect all 24 NFTs in order to qualify for the Venom token airdrop.
- Where can I trade $VENOM tokens?
At publication, VENOM was listed on Bybit, OKX, MEXC, gate.io, Poloniex and Web3.world. Venue support and network migration status must now be checked directly.
How to mint Venom NFTs
You can mint Venom NFTs as rewards for using the Venom testnet and represent your engagement with the ecosystem. They could be the key to getting airdrop rewards in the future! Here’s a step-by-step guide:
- Go to https://venom.network/tasks, and click “Complete tasks”. Follow Venom Network on Twitter and tweet about the Venom Testnet. Then click “Mint” to mint your Venom NFT.
- You will then need to send any amount of Venom tokens to their address. Once you have done so, click “Check” and you can now mint your NFT.
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Based on recent events, Venom Foundation is unlikely to do an airdrop.
Airdropped Token Allocation: 22% of the initial token supply will be allocated to the community. However, it is unlikely that Venom would do an airdrop.
Airdrop Difficulty: The Venom Testnet page is very UI-friendly. It shows you the tasks you can complete for each DApp!
Token Utility: $VENOM will be used to pay for transaction fees to maintain the network by validators, secure the network through proof-of-stake mechanisms, and support validators by network participants through DePools staking.
Token Lockup: Of the initial supply of 7.2 billion $VENOM, 15.5% will be available to use, while 84.5% will remained locked. The locked tokens include 10% of the initial supply as a stake of early validators. However, it is unlikely that Venom would do an airdrop.
Frequently asked questions
Is the old Venom testnet airdrop still active?
No. The 2023–2024 testnet tasks and their later claim windows are over. Repeating the archived faucets, NFT mints or partner-app actions will not recreate eligibility.
Did Venom reward its testnet users?
Yes. After mainnet, Venom Quests offered time-limited cases to eligible users who had completed old testnet tasks. Project recaps describe VENOM and partner rewards, but closed claims cannot now be recovered by doing the testnet again.
Is Venom running a reward campaign in 2026?
Venom announced an 11 million VENOM prize pool for Season 6 of Venom Quests. It is a competitive XP and leaderboard programme, not a guaranteed airdrop. Stage 5 remained postponed during the migration in the latest official update reviewed on 13 August 2026, with a new date still to be announced.
When did VENOM mainnet and spot trading launch?
The original Venom mainnet launched on 18 March 2024. OKX opened VENOM/USDT spot trading on 25 March 2024; current venue support and deposit networks should be checked directly with each exchange.
Why is Venom migrating in 2026?
Venom DAO approved VIP-003 to move the network to a new protocol. The project says the new network improves throughput, finality, sharding and proof-of-stake operation while keeping the address format and transferring supported native balances through a bridge.
How do I migrate VENOM to the new mainnet?
Begin at venom.foundation/migration and follow its link to the official portal. Confirm both networks and the recipient address, leave gas on the old chain, test with a small amount and remember that the 1:1 transfer is one-way. Exchange-held assets follow the exchange's own process.
What is the VENOM migration deadline?
The official page says the old mainnet will remain online for six months after the new network launch. It did not publish a fixed calendar date in the text reviewed here, so holders should confirm the live deadline rather than calculating or relying on an unofficial date.
Can I keep using Venom Wallet?
The project says Venom Wallet is retired after migration and directs users to SparX on the new network. Install it only through the official Venom migration page or verified publisher, and never enter a recovery phrase into a website or share it with support.
Do stVENOM, NFTs and third-party tokens migrate automatically?
No. The Foundation says stVENOM must be unstaked before native VENOM is migrated. NFTs and third-party tokens use project-specific contracts and migration instructions, while the Foundation portal handles only native VENOM and supported USDT.
Is Venom still regulated by ADGM?
Do not describe the current project that way. ADGM said the former Venom Foundation ADGM cancelled its commercial licence in February 2024 and appointed a liquidator in March, and that those entities were not associated with social announcements about the blockchain launch.
Does the 22% community allocation mean a 22% airdrop?
No. The whitepaper's community category can cover multiple forms of ecosystem distribution and incentives. It does not establish that the whole allocation belongs to testnet users or will be distributed in one airdrop.
Sources
- Venom Foundation: official VIP-003 migration guide and FAQ
- Venom Foundation: VIP-003 vote and migration announcement
- Venom Foundation official announcements: Season 6 stages, prize pool and postponement
- Venom Foundation: 2024 recap of mainnet and Venom Quests rewards
- ADGM Registration Authority: cessation of activities by Venom Foundation in ADGM
- Venom whitepaper: supply, allocation, vesting and token utility
- Venom documentation: native VENOM and token assets
- OKX: VENOM spot-listing schedule on 25 March 2024
- Venom Foundation: Season 5 results and Season 6 preview
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