Recently, Relay Protocol raised an additional $17M in a Series B round in 02/2026. This funding provides additional resources for the project to expand its infrastructure and implement development plans in the coming period.
In a market where capital is flowing heavily into sectors such as perpdex and prediction markets, this can be considered a signal worth monitoring for those interested in airdrop opportunities within cross chain infrastructure.
Overview of Relay Protocol
Relay Protocol is a multichain payments network designed to simplify token swaps and transactions across hundreds of different blockchains.
Relay operates as an intermediary platform that connects users with relayers who execute transactions to process cross chain orders. The main components include:
- Relay App: An application that allows users to swap tokens between chains such as ETH on Ethereum to SOL on Solana in a single transaction.
- Relay API: A tool for developers to integrate multichain experiences, supporting more than 75 chains with fixed fees, gas sponsorship, and SLA commitments.
- Relay Protocol: An open network that connects users with relayers, ensuring low gas costs and fast chain expansion.
Why does Relay airdrop have potential?
As airdrops are no longer as easy as before and the market remains volatile, evaluating an opportunity should be based on project quality rather than hype. For Relay, several factors make it worth monitoring.
- Strong funding despite market conditions: According to CryptoRank, Relay raised $17M in Series B in 02/2026, bringing total funding to over $40M. In a bear market environment, continuing to raise capital demonstrates clear direction, solid execution capability, and strong investor confidence.
- Real usage, real activity: Relay has more than 5M users, processed over 55M transactions, and achieved total volume exceeding $6B. This reflects real product market fit, which is increasingly important as projects tend to reward genuine users instead of short term farmers.
- Support for multiple chains including EVM and non EVM: Relay operates not only within the EVM ecosystem but also supports asset flows between ecosystems such as Solana and Base. The ability to connect EVM and non-EVM ecosystems allows the project to benefit when liquidity rotates across different networks.
- Benefiting from new chain momentum: If ecosystems such as Monad or MegaETH attract liquidity in the near future, bridging demand is likely to increase. Infrastructure that enables fast, low cost, and simple asset transfers will become increasingly important.
- Currently no token: Relay is currently tokenless. For infrastructure projects at this stage, introducing an incentive or governance token in the future is possible. If that happens, the criteria will likely prioritize users with consistent and genuine activity.
Overall, the potential does not lie in short term fee burning, but in the fact that Relay is a well funded infrastructure project with real usage. If an airdrop occurs, rewards will likely be allocated to users who engage with the product naturally and consistently.
Relay Airdrop Guide: 3 simple steps
To hunt for the Relay airdrop, users can follow the steps below:
Step 1: Connect wallet to Relay
Visit the Relay website, then connect your available wallet. Relay supports many Web3 wallets, including popular options such as MetaMask, Phantom, and OKX Wallet.
Step 2: Swap on Relay
After completing Step 1, users proceed to use the product. Here, users perform cross chain swaps following this logic:
- Select the chain and token user want to send.
- Select the chain and token user want to receive.
At the recipient address section, there are three options.
- One is to send to the wallet address connected in Step 1.
- Two is to send to a new address by clicking Connect a new wallet.
- Three is to send to a new address by pasting the address instead of connecting a wallet as in the second option.
Relay is highly responsive in supporting new chains and connecting EVM and non EVM ecosystems, allowing users to utilize the platform based on their individual needs.
Step 3: Use Relay Vaults
In the Vaults section, users can deposit ETH to receive fees generated from bridging activities on the platform. This provides relatively stable yield, allowing users to earn passive income while increasing the possibility of qualifying for a potential airdrop.
Conclusion
Relay is not a short term airdrop opportunity but is more suitable for a long term usage strategy. The project has solid financial backing, clear usage metrics, and support for multiple chains including EVM and non EVM, benefiting from liquidity rotation across ecosystems.
If an airdrop takes place, it will likely prioritize users with consistent activity rather than short term farming. Therefore, Relay should be viewed as a useful bridge infrastructure, with any potential airdrop considered an additional bonus.
FAQ
Q1. Is the Relay airdrop confirmed?
There is currently no official confirmation of a Relay airdrop. However, since Relay is still tokenless and has strong funding and real usage, some users speculate that a future incentive program could be possible.
Q2. Who may qualify for a Relay airdrop?
If a Relay airdrop happens, eligibility would likely favor users with consistent and genuine on chain activity such as bridging, swapping, and interacting with Relay Vaults rather than short term fee farming.
Q3. Does using Relay Vaults increase airdrop chances?
While there is no guarantee, depositing assets into Relay Vaults and participating in platform activity may help build a stronger on chain history if future rewards are introduced.
Q4. Which chains are supported for Relay airdrop farming?
Relay supports multiple chains, including both EVM and non EVM ecosystems. Cross ecosystem routes such as Solana to Base may help users demonstrate broader platform usage.
Q5. Is the Relay airdrop worth farming in a bear market?
In a bear market, aggressive fee spending carries risk. A more reasonable approach is to use Relay naturally for bridging and swaps, treating any potential airdrop as a bonus.