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Hyperliquid is the on the minds of all airdrop farmers right now, eclipsing the mindshare of all other projects. Whales are also going all in on HyperEVM projects and the timeline is buzzing about the 38% remaining HYPE tokens to be distributed.
Even if you missed the first HYPE airdrop, there are still plenty of opportunities. In this article, we want to give a brief overview of the most promising projects to farm to maximise your airdrop exposure and rank them, so you know what to focus on.
Read on for the only Hyperliquid ecosystem tier guide you’ll ever need.
Scoring Methodology
Each project is evaluated across seven critical factors which help us to put projects in different tiers:
- Mindshare: Measures community awareness and social traction. Can be “Very High” (significant community buzz), “High”, “Moderate” or “Low” (minimal public attention).
- Points System: Whether the project has implemented a points-based rewards system, often indicating preparation for token distribution.
- Airdrop Confirmation: Official confirmation or strong indication that the project will conduct an airdrop to users.
- Ticker Availability: Whether project have bought tickers via Hyperliquid, which can indicate airdrop potential.
- HyperCore focus: Projects has significant presence on HyperCore, which is a likely airdrop criteria and mirrors the first HYPE airdrop criteria (cumulative trading volume).
- HIP-3 Integration: The most heavily weighted factor, indicating integration with HIP-3, which significantly increases airdrop likelihood in our opinion.
- Points Program Stage: Early-stage projects that have recently launched a points program typically offer better farming opportunities than late-stage projects.
Significance of HyperCore Focus
It is widely considered that HyperCore activity is more likely to be incentivised with the remaining ~38% of HYPE tokens than activity on HyperEVM for the following reasons:
- HyperCore is a custom-built engine for on-chain orderbooks, enabling low-latency, high-throughput trading for perps and spot markets. It’s optimized for Hyperliquid’s flagship feature—perpetual futures—handling massive volumes with minimal latency. HyperEVM, while useful for DeFi applications like DEXes and lending protocols, is a secondary layer for broader smart contract functionality, not the primary driver of Hyperliquid’s unique market position.
- The recent HIP-3 upgrade (more on that in the next section) emphasizes permissionless perp market creation on HyperCore, allowing builders to deploy custom markets (for example, for equities, commodities, or indices). This directly ties HyperCore activity to HYPE token utility—through the 1 million HYPE staking requirement, Dutch auctions for deployment slots, and fee-sharing (up to 50% for deployers). These mechanisms incentivize HyperCore usage over HyperEVM.
- The fees generated by trading activity on HyperCore markets is much more significant. A portion of the fees flows to the protocol and HYPE stakers, creating a feedback loop that rewards activity on HyperCore. For example, deployers on HyperCore can earn fees and add custom incentives, directly boosting platform activity. HyperEVM, while supporting DeFi protocols, lacks this level of integrated incentivization and has less importance in Hyperliquid’s current roadmap.
- Hyperliquid’s focus on capturing the massive $1.8 trillion global derivatives markets, which makes HyperCore performance a key metric for success. While HyperCore is tailored for high-frequency trading, offering sub-second finality and low gas costs, HyperEVM is less optimized for the same level of performance.
What is HIP-3?
HIP-3 (short for Hyperliquid Improvement Proposal 3) is a major protocol upgrade aimed at decentralizing the process of listing and operating perpetual futures markets on the platform.
The core purpose of HIP-3 is to enable “builder-deployed perpetuals”, allowing anyone to permissionlessly create and manage their own perp markets on Hyperliquid’s infrastructure.
This shifts Hyperliquid from a curated exchange to an open “everything exchange” platform, where builders can deploy markets for any asset—such as equities like Tesla, commodities, forex pairs, prediction markets, or custom indices (e.g., top AI tokens).
Key mechanics include:
- Permissionless Deployment: Builders deploy markets without approval, allocating new on-chain orderbooks on HyperCore for high-speed trading.
- Dutch Auction System: A single deployment slot opens every 31 hours via a Dutch auction paid in HYPE (Hyperliquid’s native token). This prevents spam and creates scarcity.
- Stake Requirement: Deployers must maintain 1 million staked HYPE (currently valued at around $54 million) as collateral. This stake is slashable by validators (via stake-weighted voting) if malicious behavior occurs, such as oracle manipulation. The stake is locked during a 7-day unstaking period.
- Market Control and Responsibilities: Deployers define the market (e.g., oracle sources, contract specs, leverage limits) and operate it (e.g., updating prices, settling positions). Oracles must be reliable and tied to economically significant data feeds. Open interest caps are enforced (e.g., notional and size-based limits) to manage risk.
- Fee Economics: Deployers can earn up to 50% of trading fees from their market and add custom fees (e.g., for liquidity incentives). The remaining fees flow to the Hyperliquid protocol, creating alignment.
- Settlement and Safety: Deployers can halt trading and settle positions at mark price (useful for dated contracts). Markets won’t initially appear on Hyperliquid’s official frontend (app.hyperliquid.xyz), encouraging community-built interfaces and reducing user risk exposure.
- Composability: Integrates with HyperCore multisig for DAO-managed deployments, enabling collectives to pool resources.
HIP-3 was announced in May 2025 and launched on testnet for feedback. It’s designed to capture massive markets beyond crypto, like the $1.8 trillion global derivatives space, by making market creation as easy as launching a token on Uniswap.
This boosts HYPE utility (e.g., for auctions, staking, and governance) and could drive deflationary pressure through locks and burns. As of September 2025, HIP-3 is transitioning toward mainnet.
Projects That Have Confirmed HIP-3 Exploration
HIP-3 is relatively new, so adoption is in early stages, focusing on testnet integrations and preparations for mainnet.
However, many projects are building tools, frontends, and specialized markets to leverage HIP-3’s permissionless nature, often addressing barriers like the high stake requirement through pooling or modular designs.
Here’s a list of notable ones based on recent developments:
- Kinetiq: A protocol for pooled vaults that lowers the cost of deploying perp markets by aggregating user funds and enabling fractional participation. Directly reduces the 1 million HYPE stake barrier for HIP-3 deployments, allowing smaller teams or DAOs to launch markets. Used in partnerships like Based’s PerpDEX.
- Hyena Trade: A platform for fractional exposure to perps, built by Ethena Labs, focusing on real-world asset (RWA) integrations and yield-bearing stables like USDe. Demonstrates HIP-3 use cases with testnet deployments for USDe-denominated perps; enables modular, social participation in market creation.
- HyperBeat: Offers composable, packaged perp products for easier market bootstrapping and liquidity. Builds on HIP-3 for permissionless perps, providing tools for smaller-scale experiments and aggregated deployments.
- Ventuals: A retail-focused platform for deploying and trading HIP-3 perps, emphasizing market integrity and scalability. Operates on testnet (as of recent reports) and uses HIP-3 to enable user-driven perp markets, potentially setting a new standard for accessibility.
- Based: A builder codes platform that processes significant Hyperliquid volume; partnering with Ethena for stablecoin integrations. Plans a separate PerpDEX on HIP-3 using Kinetiq’s launch tools, with USDe as the quote token for yield-earning deposits.
Now we have essential background information on Hyperliquid and a clear idea of how to assess projects, let’s move on to our Hyperliquid ecosystem airdrop tier list.
S-tier Projects
Best of the best airdrop opportunities, but highly capital intensive – expect high competition!
Unit
- Mindshare: Very High
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $UNIT
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Probably the most important Hyperliquid ecosystem project with the greatest mindshare, connecting the perp DEX to chains like Bitcoin, Ethereum and Solana. Unit have already secured the $UNIT ticker, suggesting an airdrop may reward power users and we think it’s not too late yet, as work is ongoing to support various new assets, including non-crypto ones.
And even if you don’t have a lot of capital, you should do the bare minimum of sending a few transactions and depositing different assets like BTC, ETH and/or SOL to cover your bases. You can also use Unit assets like uBTC, uETH, uSOL or uPUMP to hit multiple airdrops by supplying liquidity on DEXs like Project X or Hybra.
Kinetiq
- Mindshare: Very High
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $KNTQ
- HyperCore focus: No
- HIP-3 relation?: Yes
- Stage: Early
Kinetiq is a non-custodial liquid staking protocol where users can deposit HYPE and receive kHYPE tokens, which are a yield-bearing representation of staked HYPE that can be used in DeFi. The points program only went live in mid-July (it’s still early).
Farmers are betting big on this as the “Jito of HyperEVM”. Stakers cooked massively with the Jito airdrop on Solana, and it seems that Kinetiq is re-running this scenario. Also, with a strong connection to HIP-3, there’s also scope for HYPE incentives in the future too.
But users with less capital may struggle to earn a decent airdrop, as it’s the most popular app by TVL (>$2 billion in deposits). An alternative strategy is to supply kHYPE and HYPE to pools on DEXs like Project X or Hybra, so you can hit multiple airdrops at once.
Liminal
- Mindshare: Very High
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Liminal automates delta neutral strategies to earn sustainable yield and potentially hit 3 speculative airdrops: one for Liminal, one for Unit since it uses their spots assets for one side of the delta neutral position and a potential round 2 HYPE drop, since the perp side of the delta neutral position is executed on HyperCore.
While there’s no confirmation from the team or anyone else in the ecosystem, the ticker $LIM has been secured which could potentially be for Liminal. Check out the complete farming walkthrough below to position.
Felix
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $FELIX
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Late
Despite not having as much mindshare as the other projects in the S-tier, Felix deserves a mention here since it is one of the most important projects on HyperEVM. As an authorised fork of Liquity v2, Felix enables users to borrow against their assets in a decentralized way and earn yield on a variety of assets.
The standout feature are the stability pools. Depositors supply Felix’s stablecoin (feUSD) to a pool to earn yield and can scoop up cheap HYPE or BTC when borrowers are liquidated. So not only are you farming Felix points, but also getting HYPE/BTC at a slight discount when there are sharp downturns in the market.
Felix is currently in epoch 22, and with each epoch equal to one week, we think it’s late to start with now, as it could run to around 30-40 epochs.
A-tier Projects
Very good airdrop opportunities, so farm as many of these as heavily as you can. Many opportunities for farmers with less capital too.
HyperBeat
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $BEAT
- HyperCore focus: No
- HIP-3 relation?: Yes
- Stage: Late
Only 3.15 million Hearts are left for distribution as of September 9th. So it’s a little late in the game now, but HyperBeat is such an amazing product that we expect the potential $BEAT airdrop to be a massive cook.
Make sure you hold beHYPE and use it in DeFi (like supplying liquidity on HyperSwap) and also stake HYPE with the HyperBeat x P2P x Hypio validator. There’s also many multiple airdrop opportunities via their vaults, like the Ventuals VLP, the Ultra UBTC vault to hit Unit too, and others.
There’s not a lot of time left, so it’s gonna be hard to start farming now. But it seems like any Hearts earned will translate to a $BEAT airdrop, most likely by the end of 2025 since less than 10% of the Hearts are left to be awarded.
Ventuals
- Mindshare: High
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: Yes
- Stage: Early
Trade on testnet with confirmed rewards for top traders. Also, deposit into the Ventuals-HyperBeat vault to position early. No points or airdrop confirmed yet, but there’s a clear path to tokenisation and the novelty of the project is second-to-none. By unlocking the trading of pre-IPO companies, Ventuals is offering something unique and new, so early adopters are likely to be heavily rewarded.
Given the strong connection to HIP-3, there’s also a high likelihood that Ventuals power users will qualify for a round 2 HYPE airdrop. Keep an eye on the mainnet launch too, as a points program may be introduced or we may get some details about tokenization.
Based
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: Yes – $BASED
- HyperCore focus: Yes
- HIP-3 relation?: Yes
- Stage: Early
Farming Based has already paid off in the short time it has been live – with the $PUP airdrop awarded to over 4000 addresses and the upcoming Upheaval airdrop (snapshot is September 20th).
Also, the project has already secured the $BASED ticker and confirmed an airdrop. By trading on Based, you can also potentially qualify for a round 2 HYPE airdrop since there’s a HyperCore component. Based is also currently earning the most fees out of any Hyperliquid project, except the perp DEX itself.
As mentioned in our HIP-3 section, Based is planning to launch a separate Perp DEX using Kinetiq’s launch tools to provide USDe as yield-earning collateral, addressing one of the major challenges for Hyperliquid front-ends.
Follow this project closely, as interacting has already made users eligible for airdrops. There’s very good exposure to a potential round 2 HYPE airdrop too, since trading perps increases your HyperCore volume and early adopters of projects utilizing HIP-3 may also be incentivized.
Upheaval
- Mindshare: Medium
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Upheaval is one of the top fee generators on Hyperliquid with a fast-moving airdrop program. The $PUP airdrop was used to expand the user base of Upheaval via Based and users of Based will qualify for another airdrop. The $UP snapshot takes place on September 20th, then the claim following on September 23rd with 20 million $UP allocated to this campaign.
Users can currently earn points by providing liquidity and there are plenty of opportunities to hit multiple airdrops, with pools hitting Hyperwave, Kinetiq, Unit and other tokenless projects. Compared to Hybra, Upheaval has a much higher TVL (~$70M), making it restrictive for smaller farmers.
Lit
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: Yes
- Stage: Early
It’s very early for this one and most airdrop farmers haven’t yet caught onto Lit.
The project has a lot of potential and has already proven itself as an innovative project pioneering new features. One such feature introduced recently was iceberg orders – which addresses the concerns around privacy when trading on-chain.
How to position: earn EMBERS for trading and referring friends. As well as pushing volume on HyperCore, you’ll also eventually be able to trade HIP-3 related markets. Checking both of these boxes maximizes your chances of hitting a potential round 2 HYPE airdrop.
HyperWave
- Mindshare: Medium
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: Yes – $HWAVE
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Hyperwave is focused on tokenizing yield-bearing assets like the Hyperliquid Liquidity Provider (HLP), which earns fees from trading fees, so that they can be used in DeFi applications. Their main product is hwHLP, which enables you to use your HLP positions on HyperEVM while earning ~12% APR. With integrations across HyperEVM protocols, you can use hwHLP as collateral to borrow stable coins on Felix and do some looping or provide liquidity on Pendle to earn additional yields.
Season 2 just started recently and ends on November 20th, so we’d say it’s not too late yet to start farming. And with the $HWAVE ticker purchase and confirmed airdrop, there’s no uncertainty about whether you should farm this – it will lead to something!
HyperLend
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $HPL
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Late
HyperLend is the “AAVE of HyperEVM”, an authorized fork of the popular lending protocol and it was also the first app on HyperEVM testnet. HyperLend definitely sits at the top end of the High mindshare projects, along with HyperBeat.
The points program has been running since April 4th for just over 22 weeks. We’re expecting it to wrap up by Q4 2025. The unique features like HyperLoop (which lets you open a leveraged loop position using any two tokens) and the upcoming Liquid Perpetual Positions (which unlocks perpetual positions as collateral for borrowing) position HyperLend as one of the most important projects in the HyperEVM ecosystem.
Project X
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Points rollout began at the end of July 2025, so it’s still early in our view. It’s a favourite amongst some of the top EVM addresses that have received the most airdrops, so we’re expecting Project X to be a massive cook for farmers. Along with Based, it’s one of the top fee-earning apps on Hyperliquid. Anyone can earn a share of these fees by providing liquidity to pools on Project X.
Hybra
- Mindshare: High
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Hybra is another top fee generator on Hyperliquid with a confirmed airdrop and should be a main focus if you have less capital. Since the TVL of Hybra is much lower than Project X (~$17M versus ~$98M), so it should be easier to earn points with the same amount of money. The points program has been ongoing since August 1st, so we think there’s still enough time to participate. And with more upside potential for smaller farmers, Hybra is not one to skip!
B-tier Projects
Good airdrop opportunities. Focus on at least 1-2 projects from this tier.
Dexari
- Mindshare: Medium
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $DEXARI
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Dexari is one of the best mobile front-ends to build your trading volume on Hyperliquid and is currently running a points program. Unlike Based, we haven’t had any confirmation of an airdrop at this point, although they have secured the $BASED ticker, so we think it’s very likely that points will be translated into tokens at some point. And it’s very early, Season 1 just started in August and we’re currently in week 4.
They have recently introduced a feature to connect to HyperEVM protocols and stated that early users of new features will be rewarded. Dexari’s main positive feature is the user experience: the mobile app is very smooth and easier on the eye than other mobile front-ends. Consider farming this project if you’re haven’t picked up one of the mobile trading front-ends yet, as it’s an easy way to qualify for more than one airdrop. As well as farming Dexari points, doing heavy volume here could also lead to a round 2 HYPE drop.
HyperBrick
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?:
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
HyperBrick has a much lower TVL than competitors like Hybra and Project X, making it a decent farm if you have less capital. The tiered system also makes it likely that all points holders will get a decent return. With less than $1M in TVL, it’s one of the easiest liquidity farms to stack up points and it’s still early, with the points program only about 1 month in.
HX Finance
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Similar to HyperBrick, HX Finance has a lower mindshare and TVL with a tiered points system, which could make it worth the effort for low-capital farmers. It’s also early stage given the protocol launched on August 27th. With less than $250K locked up in the protocol, HX Finance is the DEX of choice to get the best bang for your buck. Of the total token supply, 33% is dedicated to the community allocation with a further 15% for liquidity mining.
What’s interesting about HX Finance is the upcoming innocence privacy-focused trading product, one of the most sought after features for on-chain trading (especially for whales who want to hide their positions so they don’t get hunted). Bringing privacy to Hyperliquid will be one of the main challenges and if HX Finance can pull it off, then farming the airdrop now is likely to result in a big payoff.
Gliquid
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
As the top DEX aggregator in the ecosystem, Gliquid can be thought of as the “Odos of HyperEVM”. With a confirmed airdrop, it makes sense to use Gliquid for all of your HyperEVM transactions to get the best prices too. As with other DEXes, you can hit multiple airdrops by supplying liquidity for certain assets – like Kinetiq’s kHYPE.
Blueberry
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Similar to Hyperwave’s hwHLP, Blueberry has their own version – bbHLP. Although there’s a confirmed airdrop for Blueberry, we have ranked this one in the B-tier because it hasn’t gotten as much mindshare and staying power as Hyperwave. Blueberry’s TVL is currently just over $200K, so if you’re a smaller farmer, then consider depositing here as an alternative to Hyperwave (which has a much higher TVL of around $7M).
LoopedHYPE
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: Yes
- Ticker purchased?: Yes – $LOOP
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Late
Points started late April 2025, so it’s late in our view. But you can get good exposure to multiple airdrops, as LoopedHYPE is a top points holder for HyperLend and HypurrFi, which will be distributed back to users. Their upcoming LoopedBTC and LoopedHLP products may also be incentivized, so it’s worth keeping on your radar.
C-tier Projects
Expect marginal gains from airdrop farming these projects.
Hyperbloom
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
We’ve ranked it as a C-tier project given the mindshare is low, no ticker has been purchased, no airdrop confirmed and it’s mainly focused on HyperEVM. Pushing serious transaction volume will be essential for securing any potential airdrop.
Despite it’s tier, one nice feature are the 2-in-1 points opportunities via Hyperbloom vaults. For example, you can farm Project X and Hyperbloom points at the same time with one deposit. First distribution of points was on July 4th, so it’s still relatively early with just under 10 weeks in the campaign so far.
SuperX
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Points have been live since June 9th, 2025, so it’s still early in our opinion but it hasn’t gotten much traction yet. Use it to copy trade or build trading volume on HyperCore. The standout feature is the Dollar Cost Average (DCA) order type, so use SuperX to earn points and DCA into your favourite cryptos. As with most Hyperliqiud ecosystem projects, points depend on your volume and referrals.
Dreamcash
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes (once launched)
- HIP-3 relation?: No
- Stage: Early
Very early campaign but is up against strong competition from other mobile-native apps that may acquire a first-mover advantage, namely Based and Dexari. Currently you can earn points for daily check-ins, social tasks and referring new users. A low-effort farm and the potentially isn’t clear right now. One to watch once it launches full trading functionality.
HypurrFi
- Mindshare: Medium
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: Yes – $HYFI
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Late
HypurrFi is a leveraged lending marketplace on the HyperEVM ecosystem and the home of USDXL, a hybrid-backed synthetic dollar stabilized by protocol revenue allocated to tokenized U.S. Treasuries. Users can deposit assets like HYPE, stHYPE, USDT, and others to lend or borrow, amplifying yields through strategies like looping.
The points program has been running since March 2025, so we think it’s quite late at this time to start farming. Season 1 just ended and all participants got a 10X boost, so it’s going to be more difficult to catch up if you’re just starting now in Season 2.
However, the top 500 users on the HypurrFi Leaderboard can access a crypto card for real-world spending, earning additional points (50,000-point bonus pool), and this feature may be extended to more users in the future.
Coinpilot
- Mindshare: Low
- Points: Yes (Upcoming)
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Coinpilot is a copy-trading mobile app where you can duplicate the positions the top 0.1% of trader addresses on Hyperliquid. An easy way to push more trading volume on HyperCore and position for a potential round 2 HYPE airdrop. There’s also an upcoming points program, a referral program and the public beta just went live in August, so it’s still early to position for a potential airdrop from Coinpilot. And even if there’s no airdrop, the copy trading app looks very good compared to similar offering in crypto – a product worth using!
Slash Trade
- Mindshare: Low
- Points: Yes
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Slash Trade is a Telegram front-end with it’s own points program (which saves it from being classified in the D-tier). A good way to push volume on HyperCore while potentially qualifying for a Slash Trade airdrop. Can also be added to Telegram groups for a more social experience.
D-tier Projects
Optional supplements to build trading volume on HyperCore & on-chain footprint on HyperEVM. Unlikely to conduct their own airdrops, but worth paying attention to.
Dextrabot
- Mindshare: Low
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Dextrabot is another copy-trading app where you can mirror the trades of Hyperliquid whales, track over 322,000 wallets and providing detailed analytics on trader performance. The project has been live since March 2025, but no points program or confirmed ticker purchase yet. Like Coinpilot, this is a great way to push your trading volume on HyperCore, which is one of the most probably qualifiers if there is a round 2 HYPE airdrop.
Liquid
- Mindshare: Low
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Liquid is a mobile trading frontend but unlike direct competitors such as Based and Dexari, there are currently no user incentive programs such as points or airdrops. However, there is currently a referral program, which may play a part in any potential airdrop along with trading volume (the same qualifiers as the original HYPE distribution).
dotHYPE
- Mindshare: Low
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: No
- HIP-3 relation?: No
- Stage: Early
Domain name project that makes sending/receiving assets on HyperEVM more convenient. While it’s unlikely that dotHYPE will replicate the Ethereum Name Service airdrop for .ENS holders, there are benefits for holding a .HYPE domain name when farming partner projects. Currently the boost for Hybra Finance is active with a 2.5% points boost. Look out for boosts for other projects included on this list.
Fundamental
- Mindshare: Low
- Points: No
- Airdrop Confirmed?: No
- Ticker purchased?: No
- HyperCore focus: Yes
- HIP-3 relation?: No
- Stage: Early
Mint your passport an collect badges to showcase your on-chain footprint on HyperCore and HyperEVM. Unlikely to tokenize, but could possibly play a role in future Hyperliquid ecosystem airdrops.
