Every bull run season, there are winners, losers and spectators and each category has its own strategy.

For spectators, they don’t play the game- they just watch.

Losers play but sadly they choose to fight other game players(traders) for the profits they make.

Winners take a different approach- they fight the environment. It’s them against the money system.

And in the bull market, there’s often money everywhere. But only when you go with the narrative.

By reading this, you’re already close to the winning side because Hyperliquid is the narrative your idolos are watching.

Onchain data already shows outflows from different protocols into Hyperliquid(through Arbitrum- Hyperliquid only supports Arbitrum as a source chain).

Hyperliquid is a high-performance Layer 1 blockchain designed to address the problems of Decentralized finance (DeFi). It provides a seamless trading experience, offering the efficiency and liquidity of centralized exchanges with the transparency of Dexes.

Trade on Hyperliquid dex and get a 4% discount on fees

In Case You Missed it, Here’s Why Hyperliquid is the Talk of DeFi

• It’s Built by Traders for Traders

Hyperliquid is built on its own L1 public chain and uses a custom consensus mechanism called HyperBFT. Combined with the HyperBFT consensus mechanism, it features an onchain order book, enabling gasless trades, high throughput, and low latency. This makes trading seamless, faster, and more cost-efficient than traditional DEXs.

• It has a User-friendly DEX:

The Hyperliquid Dex has an intuitive interface, offers up to 50x leverage for higher profit potential, and supports both perpetual and spot trading alongside liquidity provision. It has rapidly gained momentum, capturing over 50% of decentralized futures trading volume with open interest at 10% of Binance’s.

• There’s a Scheduled HyperEVM Launch

The launch of HyperEVM, an Ethereum-compatible chain, will also bring AMMs, lending platforms, liquid staking, and CDPs (collateralized debt positions) into the rush. This move will attract a wave of DeFi projects, bringing even more liquidity and applications within the Hyperliquid ecosystem.

• It has Bullish Tokenomics

Part of Hyperliquid’s tokenomics breakdown is to distribute 38% of its token supply for future community rewards. This will incentivize more perpetual contract and spot trading volumes, and ensure sustained growth and participation.

• It Features a Unique Token Listing Mechanism

Hyperliquid uses a Dutch auction for token listings, where the price starts high and gradually decreases until a successful bid is placed. This ensures fair price discovery, prevents manipulation, and aligns the token’s initial market value with actual demand. That’s equal opportunity on steroids!

• It’s Memecoin Village

Tired traders are moving from the intense Solana meme village(Pumpfun) to Hypurrfunn(Hyperliquid’s meme village). Hypurrfunn is a Telegram-based trading bot that simplifies launching and trading meme coins on Hyperliquid. Designed for speed, security, and ease of use, it offers tools like token launch sniping, PnL tracking, and a referral program that rewards users with 10% of their referrals’ fees forever. Through Spot Deployment Crowdfunding, users can also compete for token listings on the Hyperliquid spot market.

• It has a Compelling Narrative

According to the latest ecosystem market map, Hyperliquid is forming a comprehensive blockchain ecosystem, to provide continuous growth momentum for the platform. The community is actively engaged and some on CT have dubbed it the Solana killer and the next chain to watch for gains.

Taking a quote from Jeff, founder of Hyperliquid,** “When you see a 100x, you drop everything to make that a reality.”**

So, start trading!

How to Enter the Hyperliquid Airdrop

Phase 1 is over but there’s still a good chance at Phase 2. Here’s why:

According to Hyperliquid’s tokenomics, 31% of the total token supply was allocated for airdrop. Despite this, another 38% of the token supply is attributed to future community rewards; which idolos suspect would be for another airdrop distribution.

In phase 1, users got rewards to the tune of over $1,000,000 worth of Hype.

And not only that, other airdrops were distributed to early adopters e.g. Purr.

Here’s your opportunity to get in early and benefit from the ecosystem.

• Set Up a Wallet

Install an Ethereum-compatible wallet like MetaMask and set it up.

• Get USDC

Buy USD Coin (USDC) from a cryptocurrency exchange and send it to your wallet through the Arbitrum network (you’ll need a little ETH for gas fees)

• Deposit USDC

Deposit the bridged USDC into the Hyperliquid platform.

• Connect Your Wallet

Open the Hyperliquid website and connect your wallet.

• Trade Spot Assets

Go to the “Trade” section, select “Spot,” and trade available assets to earn points.

• Trade Perpetuals

In the “Trade” section, choose “All Coins,” and trade perpetuals to earn more points.

• Provide Liquidity

Deposit USDC into the HLP (Hyperliquidity Provider) vault to earn points as a liquidity provider.

• Create a Referral Code

Go to the “Referrals” section, generate a referral code, and invite others to earn rewards. You need to have traded up to $10,000 to generate a code.

• Track and Claim Rewards

Check your points in the “Points” section and monitor rewards weekly.

• Trade other gems

Commit a small allocation for some of Hyperliquid gems like PURR and HFUN. This can whitelist you automatically to receive future airdrops from new projects in the ecosystem.

How to Set up Your Trading Account

With Email:

• Go to Hyperliquid Dex (this link gives you a 4% discount on trading fees)

• Click “Connect” on the dashboard.

• Enter your email, verify the 6-digit code, and log in.

• “Deposit” native USDC from Arbitrum to the generated blockchain address.

• Start trading and earning points.

With a DeFi Wallet:

• Go to Hyperliquid Dex (this link gives you a 4% discount on trading fees)

• Click “Connect” on the dashboard.

• Switch your wallet to the Arbitrum network.

• Approve the connection in your wallet.

• Click “Enable Trading” and:

• Sign the connection transaction (no gas fee required).

• “Deposit” USDC by confirming the transaction in your wallet (requires ETH for gas).

• Start trading and earning points.

Can’t Trade? Use This Strategy

Not everyone can trade and that is okay.

But there’s another way to buy into the trend and position for gains- Buying tokens.

Research shows that Hyperliquid is just getting started, more green candles will be witnessed before the bull run is over and by buying and holding the hype token for the long term, you can benefit from the market too.

You can buy Hype tokens on Hyperliquid Dex or exchanges like Kucoin.

Conclusion

Keeping up with the Web3 ecosystem is a full-time job. If you’d like to degen trade to your next 20x token, check out entry 9.

In my next piece, I’ll be sharing the story of a 21-year-old serial bounty winner in the Solana ecosystem. Stay tuned and subscribe so you don’t miss it🫵!

Kindly mint this entry and connect with me.