Hyperliquid Ecosystem Projects

DeFi protocols, farming strategies, and yield opportunities on HyperEVM.

Quick:

37 projects

Hyperliquid
HyperliquidX

Infrastructure
Farming
Has Reflink

The L1 for finance. Perps, spot, HIP-3. The foundation everything is built on.

Why I'm Bullish

Jeff. House of All Finance.

Farming Notes

Infra
Perps
Spot

Felix Protocol
Felix ProtocolX

Lending
Farming
Has Reflink

Borrow/lend, spot equities via Ondo, HIP-3 perps. The main lending protocol on HyperEVM.

Why I'm Bullish

Ondo partnership bringing 100+ US equities to HL is a massive catalyst + HIP-3 market + leading lending protocol on HyperEVM.

Farming Notes

Deposit stHYPE/kHYPE, borrow stables. Use stables to earn higher yield, farm other protocols, push HIP-3 volume.

Lending
HIP-3
RWA
Ondo

HyperLend
HyperLendX

Lending
Farming
Has Reflink

Second best borrow/lend on HyperEVM. Competition with Felix.

Farming Notes

Loop stHYPE/HYPE with low borrow APY

Lending

HypurrFi
HypurrFiX

Lending
Farming
Has Reflink

Borrow/lend, working on HIP-3 market. Points program active.

Farming Notes

Loop stHYPE/HYPE with low borrow APY

Lending
HIP-3

TradeXYZ
TradeXYZX

HIP-3 Markets
Farming

Main HIP-3 market with highest volume. Team is Unit - they brought spot crypto to Hyperliquid.

Why I'm Bullish

Dominant HIP-3 market maker. Unit team has strong track record on HL.

Farming Notes

Pushing vol via TreadFi, organic pair trading.

HIP-3
Trading

MarketsXYZ
MarketsXYZX

HIP-3 Markets
Farming
Has Reflink

Kinetiq's HIP-3 perpetual market. Interesting market listings.

Why I'm Bullish

Backed by Kinetiq team. Unique market listings on HIP-3.

Farming Notes

Trade markets for points, use ref code

HIP-3

Ventuals
VentualsX

HIP-3 Markets
Farming
Has Reflink

HIP-3 pre-IPO, indices (Mag7, semis). TradFi crossover play.

Why I'm Bullish

Unique pre-IPO and indices exposure on HIP-3. TradFi narrative.

Farming Notes

Trade pre-IPO and index perps for volume points

HIP-3
Stocks
TradFi
Indices

DreamCash
DreamCashX

HIP-3 Markets
Farming
Has Reflink

HIP-3 backed by Selini Capital. Uses USDT. Slick mobile app for retail.

Why I'm Bullish

Best mobile UX in HIP-3. USDT native appeals to retail.

Farming Notes

Trade on mobile app organically

HIP-3
Mobile

TreadFi
TreadFiX

Builder
Farming
Has Reflink

Retail market making on HIP-3 and perp DEXs. Built by ex-Morgan Stanley quant. Lets you earn spread as a market maker.

Why I'm Bullish

Making MM accessible to retail. Great product-market fit with HIP-3 growth.

Farming Notes

Run MM bots on HIP-3 markets, earn points + spread

Builder
Market Making
HIP-3

Pear Protocol
Pear ProtocolX

Builder
Farming
Has Reflink

Makes pair trading easy on Hyperliquid.

Farming Notes

Execute pair trades for points

Builder
Pair Trading

Kinetiq
KinetiqX

Liquid Staking
Farming

The main LST on HYPE. Team also built MarketsXYZ. Stake HYPE, get kHYPE, earn staking yield.

Why I'm Bullish

Main LST play on Hyperliquid. Team shipping fast with MarketsXYZ.

Farming Notes

Stake HYPE for stHYPE, use in DeFi for compounding yield

LST
Staking

Valantis
ValantisX

Liquid Staking
Farming
Has Reflink

Alternative LST protocol on Hyperliquid with vault strategies.

Farming Notes

Liquid stake HYPE and use as collateral throughout EVM

LST
Vaults

Rysk Finance
Rysk FinanceX

Options
Farming
Has Reflink

Simplifies options trading on HyperEVM. Different angle from perps.

Farming Notes

Borrowing stables against HYPE collateral to earn additional yield + points.

Options
DeFi

Variational
VariationalX

Perp DEX
Farming

Perp DEX on Ethereum. Decentralized order book with competitive fees.

Farming Notes

Trade for potential airdrop/points

Perp DEX
Ethereum

Extended
ExtendedX

Perp DEX
Farming
Has Reflink

Perp DEX with competitive fees and growing liquidity.

Farming Notes

Trade for points, 10% fee discount on first 50M volume with reflink

Perp DEX

Polymarket
PolymarketX

Prediction Markets
Farming

The leading prediction market. Bet on politics, sports, crypto, and world events with real money.

Why I'm Bullish

Dominant prediction market with massive volume. Election markets proved the model works.

Farming Notes

No token yet but volume rewards possible

Prediction Markets

Bounce
BounceXNew

Other
Farming
Has Reflink

Leveraged tokens on HyperEVM. Get leveraged exposure without managing margin.

Farming Notes

Trade leveraged tokens

Other

Hyperstable
HyperstableX

Lending

Crypto-backed, over-collateralized stablecoin (USH) on HyperEVM. Dual-token model with PEG governance token.

Stablecoin
Lending

Hyperdrive
HyperdriveX

Lending

Lending money market and liquid staking hub by Ambit Labs. Supply stablecoins, borrow against collateral, stake HYPE for HYPED.

Lending
LST

Based
BasedXTGE Soon

Builder

AI-powered trading terminal and builder on Hyperliquid. Smart order routing and execution.

Why I'm Bullish

Strong builder metrics on HyperTracker. AI trading angle is hot narrative.

Builder
AI
Trading

Ramses
RamsesX

DEX

ve(3,3) DEX on HyperEVM with concentrated liquidity (V3) and classic AMM. x(3,3) tokenomics with RAM/xRAM/hyperRAM tokens and dynamic fees.

DEX
AMM
HyperEVM

ProjectX
ProjectXX

DEX

Pure Uniswap V3 CLMM fork on HyperEVM. Concentrated liquidity DEX for efficient token swaps.

DEX

HyperSwap
HyperSwapX

DEX

Full-featured DEX on HyperEVM with V2 and V3 pools. Native SWAP token with staking.

DEX

KittenSwap
KittenSwapX

DEX

Community-owned DEX on HyperEVM powered by Algebra Integral. Concentrated liquidity with ve(3,3) tokenomics.

DEX

Nest Exchange
Nest ExchangeX

DEX

ve(3,3) DEX on HyperEVM with concentrated liquidity (Algebra V1) and classic AMM. NEST token with vote-escrow tokenomics.

DEX

Hybra Finance
Hybra FinanceX

DEX

ve(3,3) DEX on HyperEVM with concentrated liquidity (Velodrome CL fork). HYBR token, veHYBR vote-escrow, V2 and V3 pools.

DEX

Looping Collective
Looping CollectiveX

Liquid Staking

LST protocol on Hyperliquid. Liquid staking with looping strategies.

LST

Hyperbeat
HyperbeatXTGE Soon

Yield

Yield aggregator and vault strategies on HyperEVM. Automated yield farming.

Yield
Vaults

Liminal
LiminalX

Yield

Tokenized yield products on HyperEVM. Convert yield-bearing assets into tradeable tokens.

Why I'm Bullish

Tokenized yield is a growing DeFi primitive. Clean product on HyperEVM.

Yield
Tokenization

Hyperwave
HyperwaveX

Yield

Onchain forex layer and DeFi super app on HyperEVM. hwHLP (liquid HLP token), hwHYPE (HYPE yield optimizer), HWAVE governance token.

Yield
LST

Harmonix Finance
Harmonix FinanceX

Yield

Non-fork yield protocol on HyperEVM. haHYPE (HYPE yield vault), hakHYPE (kHYPE yield vault), HAR governance token.

Yield

Derive
DeriveX

Options

On-chain options protocol (formerly Lyra). Trade BTC, ETH, and HYPE options with portfolio margin. Deposit wHYPE/kHYPE as collateral.

Why I'm Bullish

Only major options protocol on HyperEVM. $5.5M TVL growing. HYPE options with portfolio margin is unique.

Options
DeFi
Derivatives

Paradex
ParadexX

Perp DEX
Has Reflink

Perp DEX on StarkNet. High performance with zero-knowledge proofs.

Perp DEX
StarkNet

Vest
VestX

Perp DEX
Has Reflink

Perp DEX with unique market offerings and competitive trading experience.

Perp DEX

Outcome
OutcomeXNewtestnet

Prediction Markets

Prediction market on HIP-3. Currently in testnet. Bet on real-world events on Hyperliquid.

HIP-3
Prediction Markets

Theo
TheoX

Other

RWA protocol on Hyperliquid. Tokenized real-world assets on HyperEVM.

RWA

RIP Protocol
RIP ProtocolXNewUnaudited

NFT

Tokenized NFT vaults on HyperEVM. rHYPURR gives fractional liquid exposure to Hypurr NFTs via ERC-4626 vault. 3rd largest Hypurr holder.

NFT