Perp DEX review
Reya Review: Perpetual DEX
An Ethereum-based trading-specific ZK rollup and exchange focused on 24/7 commodity, stock, index, and crypto perpetuals.
- Updated
- Updated 2026-10-06
Quick answer
Reya's official account says Season 2 delivers $REYA and carries 3% of total supply; the TGE date and eligibility remain unknown. Reya's current docs separately confirm that distribution to Reya users begins at TGE, but they do not state the 3% figure. The official site describes a non-custodial exchange for 24/7 stock, commodity, index, and crypto exposure with API access and a trading-specific ZK rollup. Source: Reya official site, 2026.
Last updated: October 6, 2026 — Answer framing and editorial context reviewed; dated product facts remain subject to the linked primary source.
Perpetual futures
Reya
Availability: Ethereum rollup · official site linked
Key distinction: Perpetual futures venue
Constraint: Fees, liquidity, eligibility, rewards, and exit conditions
Evidence: checked 2026-10-06
Decision snapshot
Reya
Ethereum rollup · Perpetual futures venue
Decision lens
Protocol research
Best for
Comparing product fit, access, and current evidence
Check first
Fees, liquidity, eligibility, rewards, and exit conditions
Evidence
Checked 2026-10-06
Rank
#19 / 44
Volume
$81.9M
Open interest
$16.1M
Program
Season 2: 3% brand-stated
Reward or points status
No confirmed program
Deadline
—
Evidence score
2/7 · Weak
Use this page to decide what to verify next. Rewards, fees, access, liquidity, and risk can change after the checked date.
Reward mechanics · current snapshot
What counts, what is unknown, what to check
Program / status
No confirmed program
None confirmed
Qualifying activity
No current campaign record is published in the HittinCorners tracker. Check the official venue before treating social or referral claims as evidence.
Formula / allocation
No confirmed reward formula
Token status
REYA
Evidence
2/7 · Weak
Checked
2026-10-06
Next manual check
Fees, liquidity, eligibility, rewards, and exit conditions
Reward share is not reliable yet. Calculate activity cost first; points can be delayed, diluted, slashed, or worth zero.
On this page
Reya’s official account says Season 2 delivers $REYA and carries 3% of total supply; the TGE date and eligibility remain unknown. Reya’s current docs separately confirm that distribution to Reya users begins at TGE, but they do not state the 3% figure. The official site describes a non-custodial exchange for 24/7 stock, commodity, index, and crypto exposure with API access and a trading-specific ZK rollup.
What is confirmed
The official product surface supports the venue’s institutional-execution positioning and current market scope. That makes Reya relevant for perps, RWA, API, and market-structure research even before any reward decision.
What is confirmed versus unknown
On October 4, 2026, @reya_xyz said: “Season 2 delivers $REYA and carries 3% of total supply.” A second brand post said the first waitlist wave was in and described a fixed Season 2 pool split among fewer participants. The allocation documentation says Reya-user distribution starts at TGE but does not repeat the 3% figure.
Confirmed: the brand-account statement and the existence of a user airdrop beginning at TGE. Unknown: TGE date, eligibility, snapshot, formula, claim process, and whether the 3% is a complete Season 2 allocation or a sub-pool. Do not rewrite the brand statement as if it were the full docs tokenomics schedule.
The right low-capital move is to join only legitimate access or waitlist paths, monitor official updates, and compare the venue’s execution and eligibility rules against Arcus and RISEx. Do not deploy capital solely for the reported token figure.
What to verify next
Check Reya’s official site, documentation, official account announcements, and any Season 2 terms before treating the 3% claim, point mechanics, or TGE timing as actionable.
Frequently asked
What is confirmed about Reya right now?
Reya's official site describes a non-custodial trading exchange with stock, commodity, index, and crypto markets, API access, and high-throughput execution.
Is the reported 3% Season 2 allocation official?
Yes, as a statement from the official Reya account: its October 4 post says Season 2 delivers $REYA and carries 3% of total supply. The current allocation docs confirm a user airdrop begins at TGE but do not repeat the 3% figure.
Should a small account farm Reya solely for a future token?
No. Until the allocation, eligibility, and conversion terms are published by Reya, treat Season 2 claims as a watchlist signal rather than a priced farm.