Why farmers are on Pacifica
Pacifica was founded in January 2025 and went to mainnet in June 2025. Former FTX COO Constance Wang is a co-founder, and it’s self-funded with no outside raise. Orders are matched off-chain on Pacifica’s own engine, like a centralised exchange. Your funds sit in Solana contracts: most in a multisig cold vault, a slice in a hot wallet that handles instant withdrawals.
The volume is the draw. As of 11 October 2026 it does about $1B a day and over $220B all time, with about $27M TVL and about $3.6M in fees over the last 30 days. You get up to 50x across 65+ markets, covering crypto, RWAs, FX and pre-IPO names.
There’s also an MCP server and API agent keys, so AI tools and bots can trade through the API. Handy if you build. API trades count for points like app trades, and Pacifica hasn’t published any bonus for them.
Finding your way around the app

The top bar has grown a lot. For points you only need four places: Connect, Referral, Portfolio (where you deposit) and Points. Print, Swim and Vaults sit next to them, and they’re covered further down.

The order ticket is the screen that costs people money. On BTC it opens at Cross margin and 50x. Lower the leverage, switch to Limit and look at the Liquidation Price before you confirm anything.
How Pacifica points are counted
Pacifica shares 10,000,000 points a week. The programme started on 4 September 2025 and no end date has been announced (Pacifica’s points rules).
- Points come from organic trading through the app or the API, plus feedback and spreading the word.
- The formula isn’t published and changes week to week.
- Self-trading, sybil activity (one person running many wallets) and other manipulation earn nothing. Running 100 accounts gets you nothing more than one.
- No points were handed out before the programme began, and points can’t be bought.

People post points-per-$1,000 numbers, but that’s just what they got that week, and the rate moves. Nobody outside Pacifica knows how much volume earns a point.
What farming Pacifica actually costs
At the entry tier, $10,000 of volume costs $4 with market orders or $1.50 with resting limit orders, plus funding and $1 per USDC withdrawal.
A maker order is a limit order that rests on the book until someone fills it. A taker order fills instantly against the book, and market orders are always taker. Your tier depends on your 30-day volume, updates daily, and subaccounts share the main account’s tier.
| Tier | 30-day volume | Maker | Taker |
|---|---|---|---|
| 1 | Under $5M | 0.015% | 0.040% |
| 2 | Over $5M | 0.012% | 0.038% |
| 3 | Over $10M | 0.009% | 0.036% |
| 4 | Over $25M | 0.006% | 0.034% |
| 5 | Over $50M | 0.003% | 0.032% |
| VIP 1 | Over $100M | 0% | 0.030% |
| VIP 2 | Over $250M | 0% | 0.029% |
| VIP 3 | Over $500M | 0% | 0.028% |
| Cost of $10,000 volume at tier 1 | $1.50 | $4.00 |
A worked example: you open a $5,000 BTC long and close it later. That’s $10,000 of volume. Both legs as market orders cost $4. Both as limit orders that fill as maker cost $1.50. On top of that:
- Funding: an hourly payment between longs and shorts that keeps the perp close to spot. You pay or receive it while the position is open, depending on your side.
- Withdrawals: $1 each in USDC.
- Your PnL: this will dwarf everything above if you size up.
Most farmers stay at tier 1, because tier 2 takes $5M in 30 days. Fees can change, so check the live rate in the app before you size anything.
You’ll see “delta-neutral” farming advice around: a long and a short of the same size, so price doesn’t matter. You still pay fees and funding on both legs. Run the two legs in two of your own accounts and it looks just like the self-trading the rules exclude. I wouldn’t do it.
With no token confirmed, points have no price. I’d only farm with trades I’d make anyway, and I’d use limit orders so it’s $1.50 per $10k instead of $4. Paying fees on volume you don’t want is a bet on a token nobody has announced.
Print, Swim, Vaults and spot: do they earn points?
Pacifica tracks a lot of activity for points but doesn’t say how much each product counts. So use these for what they do, and count any points as a bonus.
Print credits a yield payout to your order’s margin at the start of each cycle for a target-price order (a long below market or a short above it). Cycles are 24 hours, or 7 and 30 days on BTC. The catch is that the target is only checked at the end of the cycle. If price wicks to it and bounces back, you don’t fill. Unfilled orders roll over on their own, and a cancel only lands at the next checkpoint, so a 30-day order you cancel on day two still runs to day 30. I’d stick to the 24-hour cycles until you’ve seen how it behaves.
Swim is a tap-to-predict game on a live chart. Tap a zone, and if price moves into it you collect your bet times the multiplier. Golden boxes with a shared prize pool show up daily between 14:00 and 15:00 UTC. It uses your trading balance and it’s a game of chance, so size it like one.
Vaults are run by a manager who trades your deposit. You carry the manager’s risk, and withdrawals can have cooldowns. If the manager’s share of the vault falls below the set level, the engine stops trading and liquidates the positions.
Spot and spot collateral: you can trade spot and use spot assets as cross-margin collateral after a loan-to-value haircut. Spot deposits are capped at $50,000 per asset per day.
Pacifica referral code: the 5% bonus and your own link
Signing up through a referral gives you a 5% points bonus, and the referrer earns 10% of the points you generate. My code is razzaer, and the link at the top of this page applies it.
Your own link unlocks after $10,000 of volume. You make it in the Referral dashboard, no application needed. The dashboard refreshes every 15 minutes, so it can lag a bit.
There’s also an affiliate tier, which the team hands out (you ask on Discord). Affiliates earn up to 40% of referees’ fees, plus 10% of what referees realise from Print yield and Swim wins.
Pacifica points value, calculators and OTC deals
Points have no official value and no conversion rate. Every “Pacifica points calculator” is guessing at a token supply, an airdrop share and an FDV (fully diluted valuation) that Pacifica hasn’t announced. Change one input and the answer can move tenfold.
Pacifica says there’s no way to buy points, and it strongly discourages trading them second-hand. Some people still trade points OTC or on pre-market platforms. Those deals rest on collateral, and on a seller delivering a token that may never exist. Our Whales Market walkthrough shows how that kind of settlement works and how it fails. Buy points from someone in your DMs and you have no recourse at all.
Farming Pacifica or another Solana perp DEX?
Here’s where volume can earn you something right now:
| Venue | Token | Points or airdrop | Worth knowing |
|---|---|---|---|
| Pacifica | None yet | 10M points a week | USDC, up to 50x |
| Jupiter Perps | JUP is live | Nothing new to farm | Pool-based perps |
| Velocity (ex-Drift) | DRIFT already launched; plans after the rebrand not announced | None confirmed | Drained April 2026, relaunched settled in USDT, public beta since 21 Sept |
| Phoenix | None announced | No airdrop announced | On-chain orderbook, USDC |
| Bulk | None yet | Ranked Aura live | Mainnet since 5 Sept, invite-only, USDC |
If I were picking one to farm right now, I’d put the volume on Pacifica: the points run every week and the trading behind it is real. Bulk is the second one I’d look at if you can get in. I’d leave Velocity alone for farming until it says what happens with tokens after the exploit.
Our Bulk farming guide covers how Ranked Aura works, or you can get in through my Bulk link. Phoenix has no token, but its on-chain perps setup is worth a look if you want an orderbook that runs fully on-chain. Jupiter has postponed Jupuary (see Jupiter airdrop status), so perps volume there earns nothing extra. For fees and features side by side, use the full Solana perp DEX comparison.
What can go wrong
- No token may ever come. Points carry no promised value.
- Liquidation. The ticket opens at 50x, where a move of under 2% against you can wipe the margin.
- Trusting the engine. Matching happens off-chain on Pacifica’s own engine. The hot wallet it controls is the part most exposed if something breaks.
- Withdrawal limits. USDC withdrawals are capped at $500,000 per 24 hours, and you have to leave 10% of your position value as margin.
- Wash trading. It earns nothing and could get your account flagged.
- Fake claim sites. These show up the day any token news drops. Only trust @pacifica_fi on X, the Discord linked from the app and docs, and app.pacifica.fi. Here’s how to spot a fake airdrop claim.
What changed in this update
As of 11 October 2026:
- Weekly points: 10,000,000 (we said 500,000).
- Markets: 65+ (we said 20+), with up to 50x leverage.
- TVL: about $27M (we said $35.7M).
- Invite codes: the list of 20 is gone. You now claim a referral code to start trading, and the link at the top carries one.
- Social login moved from Reown to Privy. See the recovery note in step 1.
- Drift is now Velocity, drained in April 2026 and relaunched settled in USDT.
- The “claim period Aug to Sep 2026” timeline we printed was a guess and never happened. The points-per-day estimates are gone too.
FAQ
Does Pacifica have a token?
No. There’s no token, no tokenomics and no price as of 11 October 2026.
When is the Pacifica airdrop?
There’s no date. Earlier talk of a 2026 airdrop never turned into an announcement. Pacifica hasn’t announced a TGE (token generation event, the day a token goes live) or a snapshot for one. For programmes running now, see our Solana airdrops list.
How much are Pacifica points worth?
There’s no official value. Calculators are guesses built on a supply and valuation nobody has announced.
Can I buy Pacifica points OTC?
Pacifica says points can’t be bought and discourages second-hand trading. If a deal goes wrong, you have no one to go to.
Do I need a Pacifica invite code?
Yes, you need a referral code to trade, but not the old invite lists. Open the app through a referral link (mine is razzaer) and it fills the code in for you.







