HyperSwap: Hyperliquid Ecosystem Top-Tier DEX
HyperSwap is the native DEX on the Hyperliquid ecosystem, with a current Total Value Locked (TVL) of nearly $80 million and daily trading volume between $50-60 million. Its product vision is to introduce the essence of DeFi to the HyperEVM chain and provide permissionless, efficient tools for ecosystem users.
Currently, HyperSwap is conducting point activities, including HyperSwap points and loyalty points, allowing users to earn potential token airdrop rewards through LP activities on the platform.
Kittenswap: Hyperliquid Ecosystem Top-Tier DEX
Kittenswap is a top-tier DEX on the Hyperliquid ecosystem, with a current Total Value Locked (TVL) of over $30 million and daily trading volume between $10-20 million. Users can provide token liquidity on the platform to earn corresponding point rewards and potential token airdrops. To encourage user participation, Kittenswap officially plans to increase the token airdrop ratio from 30% to 35%.
Currently, the Kittenswap point activity has ended, and other point-related activities may be announced in the near future, which is worth paying attention to.
Unit: Hyperliquid Ecosystem Cross-Chain Project
Unit is a cross-chain project on Hyperliquid that supports seamless access to multiple assets, currently supporting crypto assets like BTC, ETH, SOL, and FARTCOIN to flow between Hyperliquid and their native blockchains. Using Unit, Hyperliquid users can:
Directly deposit BTC, ETH, SOL, and FARTCOIN from personal wallets or trading accounts to Hyperliquid;
Trade, transfer, or utilize these major assets and existing assets on Hyperliquid's spot order book;
Directly withdraw assets to addresses on their respective native blockchains.
According to community feedback, Unit may issue tokens in the coming months, so users can access and withdraw BTC, ETH, SOL, and FARTCOIN on its platform or trade these four assets on Hyperliquid's spot market.
Felix: Hyperliquid Ecosystem Top-Tier DeFi Project
Felix is a DeFi protocol deployed on Hyperliquid L1, dedicated to providing users with safe, low-friction, and risk-controllable liquidity release and yield generation methods. The platform currently offers two core functional modules:
CDP Market: A lending system designed based on the Liquity v2 architecture, where users can mint the platform's native stablecoin feUSD by collateralizing assets (such as BTC, HYPE). This market aggregates feUSD borrowers and stable pool depositors to form a stable monetary market;
Vanilla Market: A market that instantly matches asset lenders with collateralized borrowers. Unlike the CDP module, the Vanilla market has no fixed interest rates, no redemption mechanism, and borrowing rates are automatically adjusted by fund utilization, making it more market-driven.
Currently, Felix is conducting point incentive activities. Users can earn points not only by collateralizing assets to mint feUSD stablecoin but also by depositing feUSD into the platform's stable pool to earn additional points for future airdrops or other reward mechanisms.
HypurrFi: Hyperliquid Ecosystem Top-Tier DeFi Project
HypurrFi is a platform focused on providing decentralized financial lending and yield enhancement services. HypurrFi allows users to deposit native Hyperliquid assets and borrow USDXL to obtain leveraged yields. Its main application functions include stable yields, staking assets to earn returns, lending, and loop operations. It aims to stabilize volatile yields into the USDXL stablecoin backed by UST, with the current platform USDXL loan annual interest rate at 16.18%.
Specific ways to interact with HypurrFi include:
Collateralized Lending: Collateralize assets like HYPE to borrow the platform's stablecoin USDXL, and closely monitor account "health" to avoid liquidation due to low collateral ratio;
Vault Deposit: By depositing USDXL into the vault, you can not only earn stable returns but also accumulate HypurrFi points for future rewards or event exchanges;
Trading Participation: Conducting token exchanges or other trading operations on the HypurrFi platform helps improve the on-chain activity of personal accounts;
Cross-Chain Interaction: Support transferring assets from other chains to the platform through HypurrFi's cross-chain bridge, participating in more ecological gameplay.
HyperLend: Top DeFi Project in Hyperliquid Ecosystem
HyperLend is a lending protocol in the Hyperliquid ecosystem, with current TVL exceeding $300 million, making it the second-largest protocol in the entire HyperEVM ecosystem. Current interaction methods include:
Platform Lending Participation: Depositing assets such as BTC, ETH, or HYPE to provide liquidity for the platform, earning annual returns and point rewards;
Friend Referral Commission: By inviting friends through invitation codes, you can not only receive commissions but also earn referral points.
Drip.Trade: Non-Fungible Token Market in Hyperliquid Ecosystem
Drip.Trade is the Non-Fungible Token market in the Hyperliquid ecosystem, covering the full-process service of Non-Fungible Tokens on Hyperliquid, from issuance to trading, completed in one stop. Currently, almost all Non-Fungible Token projects on the Hyperliquid ecosystem are released through this platform. Current interaction methods include:
Buying and Selling Non-Fungible Tokens, Generating Trading Volume: Trading popular Non-Fungible Tokens with HYPE tokens on Drip.Trade to generate trading volume;
Holding Official Non-Fungible Tokens for Airdrop: Hypers is the official Non-Fungible Token of Drip.Trade, with a current floor price of 4.6 HYPE and 8,888 Non-Fungible Tokens.
Hypers Non-Fungible Token Collection
Additionally, the higher the loyalty, the more point bonuses, up to 100%. When users have 100% loyalty and a trading record of 25 HYPE tokens, they can check in daily on the platform and play the turntable game to earn more points.
