Hyperliquid
Active

Hyperliquid Season 2

Verified
Categories:
DeFi
Exchanges
Layer 2

Hyperliquid is a decentralized perpetuals exchange with Season 2 points farming live as of December 2025, rewarding users for trading volume and liquidity provision. The airdrop allocates HYPE tokens based on accumulated points, with Season 2 emphasizing genuine activity. No snapshot date confirmed yet, but farming is active until at least end of 2025. High potential value given its zero-fee model and ZK tech.

Reward
% of ~389M HYPE reserved
Blockchain
hyperliquid

Step by step guide

You'll need:
protocolProtocol Usage
registerRegister
1
Visit hyperliquid.xyz and connect your wallet (e.g., MetaMask)
2
Deposit USDC or other assets via bridge or direct transfer
3
Trade perpetuals (e.g., BTC-PERP, ETH-PERP) to earn points (higher volume = more points; aim for $10k+ monthly)
4
Provide liquidity or stake in vaults for bonus multipliers
5
Interact with HyperEVM for additional opportunities (e.g., staking, DeFi actions)
6
Track points and progress on the dashboard
7
Stay active until snapshot; monitor announcements for claim

About Hyperliquid

Hyperliquid is a high-performance decentralized perpetuals exchange built on its own L1 chain, offering zero fees, low latency, and verifiable matching via custom ZK circuits. It supports trading of crypto perps with deep liquidity and has seen billions in volume. The HYPE token enables governance, staking, and incentives, with the airdrop aimed at rewarding loyal users.