Arthur Hayes, co‑founder of the former derivatives exchange BitMEX, posted on X on 6 Nov 2026 encouraging his audience to join Flop Labs' development network. He wrote that the team is "cooking" and that participants can "maximise your earnings during Testnet" if they get set up before the airdrop period begins. Hayes said the exact Testnet launch date will be announced next week. The message matters because Hayes' reputation in crypto lending and trading gives weight to new layer‑2 projects, and early‑tester incentives often drive network effects and token distribution for emerging platforms.

“Let's go @flop_labs Devnet. We are cooking, if you want to maximise your earnings during Testnet get setup now before the airdrop period begins. We will announce the Testnet date next week.”

— Arthur Hayes (@CryptoHayes) on X · X ↗

Arthur Hayes is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.