SoDEX Moves Toward Final Airdrop Distribution as Bug Bounty Program and Mainnet Upgrade Signal Next Phase

The decentralized exchange SoDEX is entering a critical stage in its development cycle, following the completion of its Testnet airdrop appeal review and the launch of a new bug bounty initiative tied to its mainnet rollout.

With more than 2,000 users now confirmed as eligible for rewards and a final distribution date set for May 8, 2026, the platform is shifting its focus from testing to full-scale deployment. At the same time, SoDEX is inviting its community to participate in strengthening its infrastructure through a $SOSO token-based incentive program.

This report by hokanews explores what these developments mean for users, how the airdrop process will unfold, and what to expect as the platform advances toward its next phase.

Testnet Airdrop Review Concludes With Over 2,000 Eligible Users

The completion of the Testnet airdrop appeal review marks a significant milestone for SoDEX.

According to official updates, more than 2,000 users have been confirmed as eligible to receive rewards based on their participation during the Testnet phase. This phase served as a proving ground for the platform’s core features, including its order-book trading system.

Eligible users will be able to check their airdrop balances beginning April 28 at 12:00 UTC. The final distribution of rewards is scheduled for May 8, 2026, at the same time.

Source: Official Website

This approach reflects an effort to maintain fairness and transparency, ensuring that contributors are properly recognized.

Airdrop as a Strategic Growth Tool

Airdrops have become a common strategy in the crypto industry for attracting users and rewarding early participation.

In the case of SoDEX, the Testnet airdrop is not only a reward mechanism but also a way to validate the platform’s functionality under real-world conditions.

By incentivizing users to test features such as order matching, liquidity provision, and trading execution, the platform has been able to gather valuable feedback.

This feedback is now being used to refine the system as it transitions to the mainnet environment.

V3 Mainnet Bug Bounty Program Launches

Alongside the airdrop process, SoDEX has introduced a new initiative aimed at enhancing platform security.

The V3 mainnet bug bounty program offers users the opportunity to earn SOSO tokens by identifying and reporting vulnerabilities.

Source: Official X

SoDEX’s program focuses on its newly deployed V3 infrastructure, which includes support for spot trading, perpetual contracts, and real-world asset trading.

Rewards are scaled based on the severity of the reported issues, creating an incentive for thorough testing.

Expanding Toward Institutional-Grade Features

One of the defining aspects of the SoDEX roadmap is its emphasis on institutional-grade trading capabilities.

The platform is designed to support a wide range of financial instruments, including spot markets, derivatives, and tokenized real-world assets.

This positioning reflects a broader trend in the crypto industry, where platforms are seeking to attract both retail and institutional users.

By offering advanced trading tools within a decentralized framework, SoDEX aims to bridge the gap between traditional finance and blockchain technology.

Mainnet Upgrade Underway

As part of its transition to a more robust system, SoDEX is currently undergoing a significant mainnet upgrade.

The engineering team is deploying new core logic designed to improve block production stability and increase API capacity.

These enhancements are intended to ensure that the platform can handle higher transaction volumes while maintaining performance.

Source: Xpost

Non-trading sections of the platform will remain accessible, allowing users to navigate and monitor their accounts.

However, active trading conditions will be temporarily affected. Mark prices will not update during the upgrade, and liquidation processes will be paused.

Once the upgrade is complete, normal operations will resume, and market conditions will be reflected in real time.

Risk Management for Traders

The temporary changes during the upgrade highlight the importance of risk management.

Traders with open positions are advised to review their exposure and make adjustments as needed.

Because market prices may continue to move outside the platform during the upgrade, positions could be subject to liquidation once normal operations resume.

This scenario underscores the need for careful planning and awareness of system updates.

What Happens Next on May 8

The May 8 distribution date represents a key moment for SoDEX.

Once airdrop rewards are distributed, eligible users will gain access to their tokens, potentially increasing market activity.

This event could also influence liquidity levels and trading behavior on the platform.

At the same time, the completion of the airdrop marks the transition from the Testnet phase to a more mature operational stage.

Broader Market Context

The developments at SoDEX reflect broader trends in the crypto ecosystem.

Decentralized exchanges are evolving to offer more sophisticated products and compete with centralized platforms.

The integration of bug bounty programs, institutional features, and scalable infrastructure highlights the الاتجاه toward more advanced financial ecosystems.

At the same time, user participation remains a key driver of growth.

Final Thoughts

The completion of the Testnet airdrop review, the launch of the bug bounty program, and the ongoing mainnet upgrade all point to a platform in transition.

SoDEX is moving from testing to full deployment, with a focus on scalability, security, and user engagement.

For users, the coming weeks will be critical. Monitoring updates, managing positions, and participating in platform initiatives will be essential.

For the broader market, SoDEX’s progress offers insight into how decentralized exchanges are evolving.

hokanews will continue to follow developments and provide in-depth coverage as SoDEX moves toward its next phase.

hokanews.com – Not Just Crypto News. It’s Crypto Culture.

Writer @Erlin
Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.
 
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