what's Rumpel Protocol?
Rumpel Protocol is a point tokenization protocol that enables secondary market liquidity and price discovery for offchain loyalty points. It unlocks opportunities for point holders, traders, airdrop hunters, and point issuers by transforming illiquid points—often tied to future airdrops—into tradable tokens. The protocol addresses frustrations with Web3 points by providing liquidity, risk mitigation, and flexible earning options. Users can connect with high-potential projects, tokenizing points like those from Ethena S3 (e.g., kpSATS-3), allowing immediate trading on platforms while projects optimize incentives and TGE timing.
S3 Rumpel's Token Generation Event is listed for 2026.
Shut down operations on March 2, 2026 after 4.5 years, with team members transitioning to 0x Labs.
Rumpel is listed among projects expected to have their Token Generation Event in 2026.
Contango points are now tradeable on Rumpel, enabling a loop-and-sell strategy where users loop positions on Contango and sell the earned points on the marketplace.
Support for Ventuals launches, enabling vHYPE deposits and tokenization of Ventual points, with trading available after initial points delivery.
kHYPE points are currently trading at $4.33-$4.66 per point on the marketplace, with traders setting $5 as a floor price target, though volume remains low.
New points trading system launches with modified Safe-multisig implementation, enabling immediate ERC-20 conversion and Uniswap trading for Ethena, EtherFi, Pendle, and Fluid protocol points, with additional Straw point earnings through deposits, LPing, and holding.
Protocol achieves 358% TVL growth, positioning as top-3 fastest-growing DeFi project in July 2025.
HyperBeat points trading at $0.20 with $35M FDV, while Spectra Finance values at $60M FDV, indicating potential value gap.
New yield farming opportunity launches offering 75% APY through sUSDe and GHO token loop strategy.
New points farming mechanism enables immediate profit taking through point tokenization and sales before TGE.
New partnership launches with Sentiment, incorporating points system and HYPE Superpool strategy with wstHYPE/wHYPE pair for yield generation.
The LAO backs protocol's protocol-level liquidity development on HyperEVM.
Platform launches on HyperEVM with Hyperbeat and Sentiment integrations, offering 9-55% APY yield in HYPE tokens.
Platform now supports instant yield claiming for leveraged positions across multiple protocols, eliminating airdrop waiting period.
Fluid vault offers $1.3M borrowing capacity with 45% yield rate on USDe through platform migration.
Point tokens are redeemable for future airdrop; holders can either trade or hold tokens regardless of current liquidity.
Platform enables instant point trading for yield farmers, supporting multiple protocols' reward programs without vesting periods.
Point selling yield farming now offers 40-70% APY returns.
Integration with Contango platform offers yield of 9 straw per dollar deposited daily.
New integration with Fluid and Contango enables leveraged trading strategies for point sales.
Platform enables one-click Contango position migration and point selling functionality.