New RWA Airdrop: Edel Finance’s Tokenized Stocks Testnet

Edel Finance Testnet & Airdrop Guide

Edel Finance is a new Base-based DeFi protocol focused on tokenized stocks and real-world assets, currently running a confirmed testnet airdrop (Season 2) with a points program and leaderboard. The campaign rewards early users who interact with its lending, borrowing, and trading features using small amounts of capital.

You’ve heard about RWAs on the blockchain. You’ve heard about tokenized stocks. This project promises to take the best of both worlds, put it on the fast, affordable Base blockchain, and offer rewards. 

You may need around $2–$3 on Base, or some $EDEL tokens, to participate efficiently.

What Is Edel Finance?

Edel Finance is a permissionless, non-custodial marketplace for tokenized assets, including equities, stocks, and crypto, built on the Base blockchain.

The protocol uses Aave V3 architecture and allows users to:

• Supply assets to earn yield
• Borrow against supplied assets
• Build long and short positions without using perpetual futures

Edel Finance positions itself as an “Aave for tokenized stocks.” Despite being in testnet, the project has already attracted over 32,500 users, suggesting growing interest in on-chain RWAs.

Is the Edel Finance Airdrop Confirmed?

Yes. The Edel Finance airdrop is officially confirmed.

This campaign represents Season 2 of the project’s airdrop strategy and is expected to be larger and more meaningful than the initial genesis distribution. A significant allocation of tokens has been reserved under the project’s ecosystem growth initiative.

The airdrop functions as a public testnet incentivization program, combining:

• A points system
• An official leaderboard
• Weekly rewards

Edel Finance has published documentation covering two key components:

• The Arena
• The Points Program

Understanding the Arena

The Arena is Edel Finance’s learn-and-earn system, designed to onboard users through gamified interaction with the protocol.

Key mechanics:

• 1 million points are distributed weekly
• Users who earn points are entered into raffles
• Raffle winners receive mock tokenized stocks for use inside the platform

To limit sybil activity, Arena access requires a $1 entry fee.

Cost-saving tip: Instead of paying the entry fee in USDC, you can use 10 $EDEL tokens to purchase a spin, reducing the cost to roughly $0.30.

How to Get Eligible for the Edel Finance Airdrop

Follow these steps to start earning points:

1. Sign up for the Edel Finance testnet
2. Connect your Base wallet
3. Purchase your first Arena spin
4. Unlock your referral code
5. Spin the wheel to receive assets
6. Supply assets to the protocol
7. Borrow assets
8. Invite friends using your referral code
9. Repeat these actions daily

Additional points can be earned by providing $EDEL liquidity on Aerodrome. That’s all that’s required to participate in the airdrop campaign.

$EDEL Token Use Cases

The $EDEL token has a fixed supply of 1 billion tokens. A large portion is allocated toward ecosystem growth and user incentives.

Potential utility for holders may include:

• Governance participation
• Fee discounts
• Access to new products
• Ecosystem incentives

Final token mechanics may evolve closer to mainnet launch.

Funding, Team, and Backing

The Edel Finance team includes professionals with TradFi and DeFi experience, including alumni from BlockFi and JPMorgan.

The project has established partnerships with entities such as World Liberty Financial.

There is currently no public information about funding rounds, suggesting the project may be bootstrapped.

Roadmap

As Edel Finance progresses through 2026, the team plans to deliver:

• Retail-focused UI improvements
• Cross-chain expansion, starting with Solana
• The second major airdrop
• Launch of new products in additional jurisdictions, including MiCA-regulated markets in Europe

Verdict

Very few DeFi protocols currently allow users to earn yield on tokenized stocks in a decentralized way. Edel Finance is attempting to fill that gap.

With expansion plans for Solana and growing testnet participation, early involvement may be worth considering for airdrop farmers willing to experiment with RWAs using small amounts of capital.