What is Hyperlend Testnet and How to Play: Complete Guide!

Bittime - Hyperlend is the first lending platform to be present on the HyperliquidX EVM chain. Currently, Hyperlend has launched a testnet on the Hyperliquid layer 1 network. The good news is that the Hyperlend team has confirmed there will be a $HLX token, and testnet users could potentially get an airdrop in the future.

For those of you who are interested in trying and want to participate in the Hyperlend testnet as well as hunting for airdrop opportunities, here is the complete guide!

What is Hyperlend Testnet?

Hyperlend testnet is a trial version of the Hyperlend lending platform where users can simulate deposits (supply) and loans (borrow) using testnet tokens. This is an opportunity for users to get to know the Hyperlend ecosystem early before the mainnet is officially launched. In addition, by actively interacting, users have the potential to get rewards in the form of $HLX airdrops in the future.

How to Play Hyperlend Testnet

Here are the complete steps to try Hyperlend testnet:

1. Visit the Hyperlend Testnet Page

First, go to the official page Hyperlend Testnet and connect your wallet (MetaMask or another wallet compatible with EVM).

2. Claim ETH and MBTC from Faucet

In the main menu, click “Faucet” to claim testnet ETH and MBTC. This token will be used to interact on the platform.

3. Supply dan Borrow MBTC

Go to the "Markets" menu, then supply MBTC and then try to borrow MBTC. This process simulates lending and borrowing activities that will occur on mainnet later.

4. Interact regularly

So that your chances of getting an airdrop are greater, make sure you interact frequently with the Hyperlend testnet. Repeat the faucet claim, supply, and borrow steps periodically.

5. Use Referrals

Go to the "Referrals" section, enter the special referral code, then share the referral link with your friends. The more activities, the higher the chances of getting rewards.

6. Follow Hyperlend on Social Media

Don't forget to follow the Hyperlend account on X (Twitter) for the latest updates regarding platform developments and airdrop announcements.

Also read: Bitcoin Vs Gold Investment in 2025: Which Makes More Money?

Hyperlend Airdrop Potential

With the confirmation of the $HLX token, testnet users who actively contribute will likely get an airdrop at the mainnet launch. Activities such as supply, borrow, using referrals, and interacting regularly will be very influential.

If you are interested in other projects that don't have tokens yet but have the potential to provide airdrops for early users, make sure you also check our list of potential projects.

FAQ Hyperlend Testnet

What is Hyperlend?

Hyperlend is the first lending platform in the HyperliquidX EVM chain network.

Will Hyperlend have a token?

Yes, the team has confirmed there will be a $HLX token, and testnet users will likely be able to get an airdrop.

Is playing Hyperlend testnet free?

Yes, you just need to claim the testnet token via the faucet to start playing at no cost.

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Reference

Airdrops io, Hyperland, accessed March 18, 2025.

Author: MF