Radix Rewards is the Radix Foundation's incentives campaign, which paid participants in XRD for using Radix: swapping tokens, providing liquidity, lending and paying transaction fees. Token holders set aside 1bn XRD for it in May 2025. Its one completed season paid out 114.3m XRD, which began vesting on 3 February 2026.
Funding
The Foundation proposed the campaign on 8 May 2025 as 1bn $XRD spent over 18 to 24 months, taken from a 2.4bn XRD reserve originally held for a stablecoin project that had been paused (Radix Blog, 8 May 2025). The token holder consultation that followed split the reserve three ways: 1bn to the incentives campaign, 1bn to a Growth Fund for listings, bridges and ecosystem support, and 400m held back for an extension or a burn (Radix Blog, 9 May 2025). It closed on 19 May with 91% of weighted input in favour, from more than 1.3bn XRD across 1,180 accounts (Radix Blog, 20 May 2025). The same proposal carried a cut to the emission schedule, which Network Emissions covers.
How points were earned
A participant registered at the Rewards portal, linked their Radix accounts, and started earning once those accounts held at least USD 50 of XRD or liquid stake units (LSUs) between them (Radix Blog, 17 July 2025). Scoring ran in three steps:
- Activity Points accrued in real time for each supported action. The Foundation's year review lists swaps; liquidity on Ociswap, CaviarNine and DefiPlaza; lending on Root Finance and WEFT; and fee payments (Radix Blog, 22 December 2025).
- Season Points were set weekly. Each activity category had its own weekly pool; participants were ranked on that week's Activity Points, the bottom 10% and anyone under a minimum were removed as spam, and the pool was shared out by rank.
- A holding multiplier of 0.5x to 3x, set by the XRD and LSUs the linked accounts held or had deposited, scaled the Season Points. Holding alone earned nothing.
Season 1 pool
Season 1 had a baseline pool of 100m $XRD and up to 100m more, released in 10m steps as the network passed milestones (Radix Blog, 18 August 2025):
| Measure | Thresholds, each worth 10m XRD |
|---|---|
| Average weekly TVL (DefiLlama) | USD 10m · 25m · 50m |
| Weekly transactions | 150,000 · 300,000 |
| Cumulative DEX volume | USD 150m · 300m · 500m |
| Wallet downloads | 300,000 · 500,000 |
The Foundation's December review said the campaign had doubled on-chain transactions and DEX volume, without giving figures (Radix Blog, 22 December 2025).
Season 0 bonus
Season 0 rewarded holders from before the campaign began. It scored each account's weekly time-weighted holdings of XRD, LSUs and other tracked pools over the 52 weeks before 1 September 2025, and turned the ranking into a multiplier on that account's Season 1 earnings: 1% for the bottom 5% of holders, rising to 20% for the top 5%. An account had to be linked by 00:00 UTC on 17 December 2025 to count, and the bonus was paid on top of the Season 1 pool rather than out of it (Radix Blog, 1 December 2025).
Distribution
Vesting for Seasons 0 and 1 opened at about 16:00 UTC on 3 February 2026, with 114,347,194.85 $XRD in the pool. A participant claimed pool units to their wallet; 20% of the XRD behind them could be redeemed at once and the other 80% vested linearly over seven days. Anyone who redeemed before the seven days were up forfeited the unvested share, which was divided among the participants still in the pool (Radix Blog, 2 February 2026).
After Season 1
A draft consultation on a shorter Season 2, to run during the Foundation's handover to the Radix DAO, was raised on RadixTalk early in 2026 and is recorded on the Radix Accountability Council page. No second season has opened: the portal still titled itself Season 1 when read on 23 September 2026 (incentives.radixdlt.com).
