After being hunted by whales and CEX, Hyperliquid "pulls the plug" to save $200 million

Hyperliquid High APR Strategy Unveiled

The true starting point of Altseason is not only the ongoing Bitcoin surge but also the increasing risk appetite and the process of funds flowing from BTC to other thematic tracks.

Trump's latest cryptocurrency project will be a real estate video game; BlockBeats initiates a call for major exchanges to stop promoting activities such as contract trial funds to college students; Powell's term as Federal Reserve Chair will expire in May 2026, previously stating he will not resign voluntarily; Trump has privately discussed firing Federal Reserve Chair Powell; ZKSync admin account hacked

Editor's Note: The HyperEVM ecosystem has attracted miners due to the HYPE token's solid tokenomics and value accrual. Surrounding protocols such as @upshift_fi, @stakedhype, @HyperSwapX, @hyperlendx, @HypurrFi, and @felixprotocol, the article explores strategies such as staking, LP, and lending, with rewards including APY, points, and potential airdrops. However, the ecosystem is still in its early stages, so caution is advised to avoid risks associated with unverified protocols.

The following is the original content (slightly restructured for readability):

Why Choose HyperEVM?

Intuition tells me it will be very profitable, and HYPE is one of the few meme coins with value accrual, product-market fit (PMF), and a solid tokenomics.

A premium DeFi ecosystem is forming around high-quality collateral.

@upshift_fi and @0xHyperBeat Treasury

This is the easiest "set-it-and-forget-it" mining strategy.

The hbHYPE treasury dynamically allocates deposits to DeFi protocols in the HyperEVM. It utilizes delta neutral strategies, capital arbitrage, and various other methods to maximize returns.

By depositing WHYPE, you can receive a 6.0% Annual Percentage Yield (APY) + ecosystem points (5x Upshift, Hyperbeat, @hyperlendx, @hyperpurrfi, @HyperSwapX, @TimeswapLabs, and @silhouette_ex).

Upshift is backed by @dragonfly_xyz, with $235 million in deposited assets on the platform.

@stakedhype Staking HYPE

HYPE's primary liquidity staking token (LST) can be used in DeFi to earn additional rewards.

This is built by @thunderheadxyz; I am not sure if there will be a protocol token, but stHYPE holders can be quite confident they will be rewarded through Jeff's HYPE airdrop in the future.

@HyperSwapX Exchange and LP

Wrap your stHYPE with HyperSwapX and provide liquidity on different pairs (e.g., HYPE/stHYPE).

Earn rewards + HyperSwapX points.

@hyperlendx

Deposit HYPE, wstHYPE, or UBTC (using @hyperunit) to earn rewards + HyperLend points.

The current pool is full, so please check for availability or a potential limit increase.

HyperLend has been officially recognized by AAVE DAO as a friendly fork, and will share revenue and tokens with AAVE.

@HypurrFi

Borrow USDXL by collateralizing wstHYPE.

You can also use @hyperunit to supply BTC and ETH as collateral and borrow USDXL. Earn HypurrFi points.

@felixprotocol

Swap USDXL for feUSD and deposit into the Felix protocol.

The returns in the current HYPE pool are higher than the borrowing cost of USDXL + you can earn Felix points.

Felix currently has a considerable TVL and borrowing volume.

There are more applications to explore, but this is my current summary (not an expert, still figuring it out).

I focus on audited protocols with a higher TVL (of course, there is still risk). There will certainly be more high-risk, high-reward opportunities.

We know Hyperliquid will allocate incentives for HyperEVM users, so I believe earnings will be boosted through retroactive HYPE.

However, please note that the HyperEVM ecosystem is still in its very early stages. I wouldn't risk more than I'm willing to lose. Don't do stupid things and invest too much in protocols that haven't been battle-tested for a long time.

「Original Article Link」

How to Early Adopt HyperEVM

1. On-chain Funds: $14M Flows into Solana; $32.4M Flows out of Sonic 2. Largest Price Swings: $FARTCOIN, $EDU, $BERA 3. Top News: Morgan Stanley Lowers 2025 US GDP Growth Forecast to 0.8%

Even in a "Bear Market of Altcoins," betting on projects with strong fundamentals can still yield Alpha returns surpassing BTC and ETH.

The Hyperliquid incident has revealed the issues stemming from validator power centralization behind the performance of so-called "decentralization."

Most projects are still finding their footing. But those that have gotten it right—projects with revenue, strategy, and trust—have the opportunity to become the much-needed "cathedrals" of the industry, providing a long-term, stable benchmark.

Transparent Finance and Governance are key to the project's stable growth

Buyback is becoming a popular model for distributing profits among cryptocurrency projects.

Don't pretend to be decentralized, and don't pretend that traders really care about it.

Due to the price fluctuation of JELLY, Hyperliquid's Treasury is facing a risk of being depleted.

The project team needs to listen more to the community's voice.

After the "50x Leverage Whale," what other ace does Hyperliquid have up its sleeve?

Hyperliquid is poised to become a stronger presence than Solana

Latest Gold Rush Site Price-to-Earnings Ratio Analysis for the Next Four Years

Original Article Title: Yields Opportunities in a Risk-off Environment
Original Author: @ClBlockchain, crypto writer
Original Translation: zhouzhou, BlockBeats

Editor's Note: The article introduces various opportunities to earn yield by providing liquidity in the current risk-off environment, covering on-chain strategies such as Sonic, Arbitrum, and Hyperliquid. This includes Shadow (Sonic's main DEX) earning high APR and Sonic Points through liquidity provision, Rings Protocol x Pendle earning stable yield through scUSD, Pear Protocol (Arbitrum) capturing high funding rates through reverse trading, and Harmonix (Hyperliquid) conducting low-risk arbitrage through HYPE Delta-neutral treasury.

The following is the original content (lightly edited for readability):

Since the November 2024 election, the crypto market has retraced about 25% from its peak of $3.7 trillion, with the total market cap dropping to $2.76 trillion as of March 10, 2025. The market is currently clearly in a risk-off mode. In this environment, stablecoins, Delta-neutral products, and yield farming opportunities typically attract more attention and users.

Below are some innovative yield opportunities on different blockchains, yes, we still love loyalty rewards.

Yield Farming on Sonic

@ShadowOnSonic

Shadow is the core decentralized exchange on Sonic that utilizes a concentrated liquidity mechanism to provide users with a high-yield annual percentage rate. Its primary strategy involves providing liquidity on both S and staked S (with minimal impermanent loss) and hedging risks through shorting.

Expected Returns:

30-80% APR (Liquidity Provision Yield)

Sonic Points Rewards

Pros and Cons:

High APR (Significant liquidity mining rewards)
Requires active liquidity management

Operation Steps:

Buy S, and convert part of it to stS through beets.fi (ratio depends on liquidity range).

Open a 1x short position on @HyperliquidX or @vertex_protocol to hedge price volatility risk.

@Rings_Protocolx@pendle_fi

Rings offers scUSD, a yield-bearing stablecoin backed by USDC and ETH. The strategy involves minting scUSD and earning yield through its treasury, while also passively acquiring Sonic points by holding scUSD, or providing liquidity on @pendle_fi for additional rewards.

Pros and Cons:

No need for active management

Pendle has a strong track record

Requires trust in Rings' stablecoin and Veda treasury

Operation Steps:

Mint scUSD by collateralizing stablecoins on Rings.

Stake scUSD to earn a 5% yield + Sonic points.

On Pendle:

· Buy wstkscUSDPT to enjoy a 13.75% APR and hold until the maturity date (May 29, 2025).

Earning Yield through Providing Liquidity on Arbitrum

@Pear_Protocol

PearProtocol recently launched a new feature—the MarketPage, used to discover trading opportunities and filter out the most attractive funding rate opportunities from thousands of trading pairs.

Strategy Core: Reverse Trading to Earn Funding Rate

The core idea of this strategy is "reverse trading to earn the market sentiment premium." The opportunity arises from trading setups where the market sentiment is opposite to one's own view:

· Go long on assets that are heavily shorted by the market

· Go short on assets that are heavily longed by the market

Considering that the market often sees Open Interest liquidation, this strategy is reasonable. However, one needs to actively manage their position, monitor whether the funding rate is favorable, and whether the 24-hour funding rate change is positive.

Pros and cons:

· High funding rate reward can be obtained

· Suitable for mean reversion trading strategy

· Requires active position management

· High risk

Operating steps:

· Go to the Market Page

· Filter by Net Funding to find the best trading opportunity

After some research, you can discover high-quality trading opportunities.

Earning Yield by Providing Liquidity on Hyperliquid

@harmonixfi

Harmonix has now launched the HYPE 'DeltaNeutral' Treasury, where users can deposit USDC to earn yield while receiving Hyperliquid Points and Harmonix Points.

This Treasury generates returns through funding rate:

Half of the deposit is used to purchase Hyperliquid's native token HYPE

The other half simultaneously opens a short position on HYPE for hedging

This is a Delta-neutral strategy that allows risk-free exposure to the Hyperliquid ecosystem. However, the HYPE funding rate may change at any time, so the overall risk is considered medium.

Pros and cons:

· High yield while also being able to position in the HL ecosystem

· Need to monitor funding rate changes weekly

Operating steps:

· Visit the Harmonix platform: https://app.harmonix.fi

· Select USDC/Hyperliquid Vault

· Deposit USDC and complete the transaction

「Original Article Link」