How to Farm Airdrops on Hyperliquid (HYPE): The Complete Guide to Free Money This Crypto Cycle

Key Points

1. Hyperliquid is a decentralized perpetuals exchange operating on its own blockchain (HyperEVM), holding an 83% market share in derivatives DEXs in 2025.

2. The HYPE token, airdropped in late 2024, serves as the native token for the Hyperliquid DEX and HyperEVM, offering reduced fees, staking rewards, and ecosystem utilities.

3. Airdrop farming involves interacting with Hyperliquid and HyperEVM protocols (e.g., trading, staking, lending) to qualify for potential future airdrops.

4. Top Hyperliquid ecosystem projects without tokens include HyperLend, HypurrFi, Hyperbeat, HyperSwap, and Felix, each offering unique airdrop opportunities.

5. Tips for maximizing airdrop chances include consistent protocol usage, avoiding repetitive farming behaviors, and engaging with the community.

6. Risks of airdrop farming include uncertain rewards, gas fees, and smart contract vulnerabilities, though Hyperliquid farming is considered worthwhile for early participants.