Ethena Labs officially closed its Season 4 points airdrop on September 25 and began Season 5 on September 24, offering bonus rewards for prior participants and running for approximately six months.
Ethena Labs announced the closure of its Season 4 points airdrop on September 25, confirming that Season 5 started on September 24. Users automatically accumulate points in the new season, while prior participants are eligible for bonus rewards. Season 5 is expected to continue for about six months, with details of Season 4 rewards to be disclosed at a later date.