The next 3 months are going to be a TGE season.
It's now perfect time to dive into trenches and be ready for surprising rewards.
Here are some of the most notable pre-TGE projects for Q4 2025.
[Part 1] 🧠🧵

In this thread, we'll explore potential opportunities ahead. Criteria for the list:
- Projects that have a running point program, fundraising, or incentivized campaign.
- Some confirmed the airdrops, some haven't.
If you like this content, RT + Bookmark + follow @PinkBrains_io.
Your support will be a huge encouragement for us to release Part 2! 🧠
Now grab a coffee, this will be a long ride. ☕

- @FogoChain: SVM Layer 1 with pure Firedancer client. Raised $5.5M seed + $8M public sale (via Cobie’s Echo).
Point program to earn Flames by trading, staking, social quests. Season 1 has ended. Season 2 is coming.

- @reya_xyz: trading-specific based rollup on Ethereum aiming for millisecond execution, MEV-free trades, no gas to end users.
Earn Reya Chain Points by trading and staking. Weekly fixed point emissions (100K → up to 200K). Boosting points by holding srUSD.

- @irys_xyz: programmable datachain L1 combining data storage + EVM execution. Raised $20M ($10M in Series A led by Coinfund)
Active testnet called “Questland” with gaming tasks to earn test IRYS tokens.
- @stable: L1 blockchain built specifically for stablecoin-native apps, using USDT as its native gas token. Raised $28M seed funding.
No campaigns at the moment. Detailed mainnet and token launch are not yet disclosed.
🧠 Blockchain Layer 2/Layer 3
- @rise_chain: a real-time Ethereum L2 aiming for extremely high throughput (100k TPS) and ultra-low latency (~3 ms) by using “shreds".
Raised ~$7.2M in seed + private rounds. Galaxy Ventures recently invested $4M. ICO on Kaito raised extra ~$2M.
Mainnet is expected in Q4.
Active testnet users, community contributors in Discord, Kaito yappers/eco might be eligible for token airdrop.

- @base: Coinbase’s Layer 2 built on OP Stack.
Base confirmed it’s exploring a native token, likely for onchain governance, staking, and ecosystem incentives, but design and timing are still speculative.
Below are the best practices to use Base.
- @Novastro_xyz: Layer 2 focused on RWA tokenization, trading, and yield generation, integrating MoveVM + EigenLayer AVS. Native stable asset is RUSD (backed by RWAs)
Native token is $XNL. 55% allocated to community/ecosystem. 25% day one circulating supply.
Raised $1.2M in seed round + $2M public sale on Kaito (100% unlocked on TGE - Oct 15)

- @AbstractChain: Ethereum L2 for consumer apps built on zk technology from ZKSync and EigenDA, funded by Igloo (team behind Pudgy Penguin).
Using apps on Portal, live streaming, and minting NFTs to earn XP, perks, and badges weekly.
Some interesting dapps on Abstract to try: @xeetdotai, @MyriadMarkets.

- @0xIntuition: Ethereum L3 built with Arbitrum Orbit and Caldera’s MetaLayer for cross-chain interop, aiming to be the Data Liquidity Layer.
Coinlist sale sold 2.5% of total supply. 50% unlocked at TGE at $75M, or 100% unlocked at $85M FDV.
IQ Points in the testnet, 2,000 Billions Genesis NFT holders will be eligible for airdrops.
$TRUST TGE in Oct.
- @katana: DeFi-focused L2 built on Polygon’s AggLayer + CDK to concentrate liquidity into core modules (Sushi for spot, Morpho for lending, BTCFi on Lombard, Yearn for yield farming, Agora for stablecoin)
Total supply 10B $KAT.
Distribution: ~15% for $POL stakers. 10% for liquidity mining.
Earn KAT by depositing in Vaultbridge. All $KAT distributed at launch is locked until early 2026.

- @yieldbasis: DeFi protocol built by Curve's founder, Michael Egorov.
Protocol for organic, non-subsidized yield on wrapped BTC (wBTC, cbBTC, tBTC).
LPs earn trading-fee yield for BTC. No IL thanks to a 2× leveraged Curve v2 BTC/crvUSD design.
1B $YB total supply. Raised $5M at a $50M valuation in early 2025. 2.5% total supply was sold at $200M FDV on Legion & Kraken.
$YB utility: governance + fee-sharing.

- @Terminal_fi: marketplace for trading reward-bearing dollars and institutional assets, the native liquidity hub of Converge (Ethena-powered L2).
sENA holders and depositors (USDe, WETH, and WBTC) in the early deposit program earn Roots.


- @flyingtulip_: next-gen DEX built by Andre Cronje on Sonic.
flyingtulip combines spot, derivatives, lending, credit, risk transfer, and pooled liquidity under a unified, capital-efficient architecture.
Raised $200M in a seed round at a $1B valuation.
It is launching a pledge-based public token sale. $1 = 10 $FT ($0.10 each), up to 10B $FT. If $1B is pledged, 10B FT are minted.
Your FT stay locked in a transferable NFT. You can redeem for your capital at any time. Withdraw FT → lose the put.
Funds are deployed into liquid, low-risk yield sources.

- @solsticefi: a yield-bearing stablecoin on Solana, providing 1-click yield up to 10% in the YieldVaults, unlock any time.
Lock USX to get eUSX, and earn yield from delta-neutral strategies underpinning USX.
At launch, Solstice reached over $160M in TVL, now surpassing $196M.
eUSDX holders earn “Flares” for $SLX airdrop. (~7.5 % of SLX supply initially reserved)
$SLX will be distributed dynamically, scaling when usage and TVL grow, pausing in slow markets, and burning at growth targets.


- @hylo_so: a liquidation-free leverage and high yield stablecoin on Solana
hyUSD - a USD-pegged stablecoin backed by Solana LSTs like mSOL, jitoSOL.
xSOL - leveraged exposure to SOL in the same collateral pool, no forced liquidations.
Users mint hyUSD by depositing LSTs. xSOL absorbs volatility so hyUSD stays stable.
Early users earn XP for minting hyUSD, holding xSOL

- @Perena__: a yield-bearing stablecoin on Solana.
It's USD* (previously an LP token of the Seed Pool) is offering 10% APY from tokenized treasuries, RWAs, onchain lending, market-neutral strategies.
Raised ~$3M in a pre-seed round. Perena ran a “Petals” points farming campaign. Season 0 ended. Season 1 will be live soon.

- @kinetiq_xyz: the biggest HYPE liquid staking protocol on HyperEVM. $1.88B in TVL.
Stake HYPE → receive kHYPE, or deposit in Earn (by Veda) → vkHYPE for kPoints.
The final kPoints distribution will be on Oct 16th, so we can expect the snapshot and TGE will happen soon.

- @capmoney_: a yield-bearing stablecoin protocol on Ethereum, earning yields from HFT firms, RWAs, DeFi protocols. Accelerated by MegaETH's Mega Mafia.
Cap's stablecoin is cUSD and the yield-bearing stcUSD, offering 9.64% APY.
Holders earn Caps in the Frontier Program by holding cUSD or Pendle's YTs.


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