Airdrop incentive
AT (Airdrop Incentive) is an extra reward a partner project layers on top of its Jitter market - on top of LP fees, and on top of the yield already priced into PT and YT. It prices in the market's expectation of a future token airdrop, and it trades on its own on-chain order book.
- Provided by
- Partner project
- Prices in
- Future airdrop value
- Traded via
- On-chain order book
What is AT?
AT stands for Airdrop Incentive. When a project wants to bootstrap liquidity or trading activity on Jitter ahead of its token generation event (TGE), it can attach an additional AT emission to the market - separate from the swap fees LPs collect and separate from any other rewards program. AT accrues alongside normal position activity and represents a claim that is expected to convert into the project's token at TGE.
How AT is earned
Earning AT does not require a separate deposit or vault. It is added on top of the Jitter position you already hold, and which legs are eligible is set per market by the project funding the incentive.
AT prices in the future airdrop
Because AT is tradable, the market does not have to wait for TGE to find out what it is worth. Buyers and sellers price AT against their own expectation of the eventual airdrop - go long AT if you expect the project's token to be valuable, or sell early to lock in value now instead of waiting for settlement.
Trading AT: order book, not AMM
PT, YT, and SY trade against each other in Jitter's AMM, where price is set continuously by pooled liquidity. AT is different: it settles through a dedicated on-chain order book, where you place limit orders to buy or sell AT at a price you choose. That keeps AT price discovery separate from the yield markets it rides on top of, and lets you name the exact price you are willing to trade at instead of accepting an AMM quote.
Key properties
- AT is an extra, project-funded incentive - not part of the base SY/PT/YT/LP yield mechanics.
- It can be attached to LP, PT, and YT legs, depending on how the market is configured.
- AT trades through Jitter's on-chain order book via limit orders, separate from the PT/SY AMM.
- Its price reflects the market's live expectation of the eventual airdrop, well before TGE.