HyperSwap

What is HyperSwap?

HyperSwap is the first native decentralized exchange (DEX) built for the HyperEVM ecosystem, offering a comprehensive suite of tools for Hyperliquid users. As a pioneering platform in the HyperEVM space, HyperSwap enables users to trade tokens, create and manage liquidity pools, and even launch their own tokens in a permissionless environment.

The platform has undergone a thorough security audit by PeckShield, a leading blockchain security firm, demonstrating its commitment to user safety and protocol reliability. As an integral part of the Hyperliquid ecosystem, HyperSwap aims to provide essential DeFi infrastructure while maintaining a user-friendly approach to decentralized trading.

HyperSwap Airdrop Details

HyperSwap has officially confirmed an upcoming SWAP token airdrop as part of their development roadmap. The airdrop distribution is likely to consider both testnet and mainnet user activity, with eligibility determined through an ongoing points program. This initiative rewards users based on their engagement with various platform features, including trading, liquidity provision, and token creation.

The points-based system ensures that more active users will have greater potential rewards in the upcoming airdrop. While specific distribution details are yet to be announced, the confirmation of the airdrop provides an excellent opportunity for early adopters to participate in the ecosystem’s growth.

Step-by-Step Guide:

How to Participate in the HyperSwap Airdrop

Setting Up Your Wallet

  1. Acquire some HYPE tokens from the Hyperliquid HYPE-USDC spot market
  2. Bridge HYPE to HyperEVM by sending tokens to: 0x2222222222222222222222222222222222222222 (recommended amount: >5 HYPE)
  3. Add HyperEVM network to your wallet with the following settings:
    • Network Name: Hyperliquid
    • RPC URL: https://rpc.hyperliquid.xyz/evm
    • Chain ID: 999
    • Currency Symbol: $HYPE

Latest Update: HyperSwap Points Program Launch

HyperSwap has officially launched their Points Program, designed to reward active users who contribute to the platform’s growth.

Program Structure

  • Total supply: 10,000,000 points
  • Weekly distribution: 1,000,000 points (distributed every Sunday)
  • 1,000,000 points already distributed to early beta users

How It Works

  1. Points are automatically credited to eligible users
  2. No manual claiming required
  3. Distribution criteria will be updated regularly to ensure fair rewards
  4. Regular user activity is key to earning points

Joining the Points Program

  1. Visit the HyperSwap beta platform
  2. Connect your wallet and accept the terms
  3. Head to the Points page
  4. Enter your username ID
  5. Sign the transaction with your wallet

Earning Points for the Airdrop

Current point-earning activities include:

  • Swapping between tokens
  • Creating new liquidity pools
  • Adding liquidity to existing pools
  • Launching tokens

To maximize your chances of receiving the airdrop, consider participating in multiple activities:

Adding Liquidity:
  1. Go to the Explore section
  2. Find an existing pool
  3. Add a small amount of liquidity (recommended: <0.1 HYPE)
Launching Tokens:
  1. Navigate to the Launcher page
  2. Enter token details (name, symbol, supply)
  3. Create token (cost: 0.1 HYPE)
  4. Set up a liquidity pool for your token

Testnet Walkthrough

  1. Visit HyperSwap testnet and connect your wallet.
  2. Go to the ‘Faucet’ page to claim testnet ETH.
  3. Go to the ‘Dashboard’ page to create a unique referral link and share it with friends. Please note to earn points, you must generate a unique referral code.
  4. Then go to the ‘Swap’ page and trade ETH for different assets regularly to start earning points.
  5. Points can also be earned by using other features of the DEX, such as the providing liquidity via the ‘Liquidity’ page and launching a token via the ‘Launcher’ page.

Important Considerations and Tips

Risk Management

  • Start with small amounts when testing features
  • Be cautious of unscreened token launches
  • Verify all transaction details before signing
  • Keep track of your points accumulation

Future Updates

  • Additional assets will become available when ERC-20 native transfers are enabled
  • The token launcher is an experimental, temporary feature
  • New features will be added as the network develops

Frequently Asked Questions

How many HYPE tokens should I bridge?
While the minimum amount varies, bridging at least 5 HYPE is recommended to ensure sufficient funds for multiple interactions.

Is the token launcher permanent?
No, the token launcher is a temporary feature that will be replaced by an alternative solution from the HyperLiquid ecosystem.

How can I track my points?
You can monitor your points through the Points page on the HyperSwap platform after connecting your wallet.

Stay Updated

To ensure you don’t miss any important updates about the HyperSwap airdrop:

  • Follow HyperSwap on X (Twitter)
  • Monitor the official platform for new point-earning opportunities
  • Keep an eye on the points leaderboard

Remember that early participation in the ecosystem may lead to better airdrop rewards, but always invest within your risk tolerance and only use funds you can afford to lose.

 

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

Don't forget to follow us on Twitter, Telegram, & Facebook and subscribe our newsletter to receive new airdrops!

Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview