How to Play Hyperliquid Airdrop

Bittime - How to play Hyperliquid airdrop. Hyperliquid airdrop is one of the exciting opportunities in the DeFi world, where users have the chance to get tokens from the Hyperliquid blockchain project.

The platform was established to provide high performance in decentralized trading through a dedicated Layer 1 (L1) blockchain.

With an airdrop coming soon, Hyperliquid aims to build an actively engaged community while offering early adopters the opportunity to earn token rewards.

Also read GAIMIN Airdrop: Everything You Need to Know

Getting to Know Hyperliquid: The Platform and Ecosystem

Hyperliquid is a Decentralized Exchange (DEX) platform that uses an on-chain order book for perpetual contracts, bringing high speed and efficiency to trading.

Powered by the Hyperliquid L1 blockchain, the platform allows users to trade at high volumes without the bottlenecks typically present on traditional blockchain networks.

In addition, Hyperliquid also introduces a standardized token system, spot trading, and permissionless liquidity pools, enriching their DeFi ecosystem.

Also read Phantom Airdrop: How to Get Free PHNTM Tokens

Hyperliquid Incentive Program for Airdrops

Prior to the airdrop launch, Hyperliquid had introduced a point distribution program to motivate user participation.

The program distributed 700,000 points every week for four months as an incentive.

Points are calculated based on user activity, ranging from trading spot assets to perpetual contracts, with distribution every Friday.

The affiliate program allows users to earn additional points through referrals with a 1:5 earning scheme.

Also read Phaver Launches Phairdrop Season 2, Get $SOCIAL Tokens!

8 Steps to Participate in Hyperliquid Airdrops

Here's a guide to maximize your chances of getting Hyperliquid airdrops:

1. Connect your Crypto Wallet

Visit the Hyperliquid platform and connect the crypto wallet of your choice to get started.

2. Deposit USDC via Arbitrum Network

Transfer USDC to your Hyperliquid account via the Arbitrum network for easy transactions without gas fees.

3. Trade Spot Assets

To start accumulating points, trade spot assets on the Hyperliquid platform. Select “Trade” then click “Instrument” and select “Spot”.

4. Increase Trading Volume

The larger your trading volume, the more points you can earn.

5. Trade Perpetual Contracts

Diversify your activities by trading perpetual contracts to increase your point earning. Access this feature in the “All Coins” section.

6. Add Liquidity through Hyperliquidity Provider (HLP)

For passive rewards, consider depositing USDC into the Hyperliquidity Provider (HLP) which will be locked for four days.

7. Create and Share Referral Codes

Increase your points potential by inviting friends using referral codes that you can create in the “Referrals” section.

8. Check Point Distribution Periodically

Every Friday, your points will be distributed and can be checked in the “Points” section.

Also read What is Mouse Airdrop? How to Join Telegram Games to Get Tokens

Other Opportunities at Hyperliquid

There is speculation that owning and trading PURR tokens (Hyperliquid L1 trial tokens) can increase your point earning.

Diversifying your activities with the various features offered by Hyperliquid can provide higher potential rewards.

Hyperliquid Airdrop: When is the Airdrop?

Although the exact date of Hyperliquid's airdrop has not yet been announced, participation in the platform's points program and activities now could strategically position you to earn tokens in the future.

This airdrop is one of the important steps in the development of Hyperliquid, which aims to be a pioneer in the DeFi world.

Also read Hyperliquid Airdrop Share $HYPE Token: How to Play and Listing Date

Stay Connected for the Latest Hyperliquid Airdrop Updates

To keep up with the latest developments from Hyperliquid, follow their social media such as Twitter, Telegram, and Facebook. Subscribing to the Hyperliquid newsletter will also ensure you get first-hand information about new airdrops and features.

Also read What is Hyperliquid Airdrop?

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