Hyperliquid Season 2 Airdrop & Ecosystem Drops Guide

GM everybody, this is your favorite revolutionary Lightcrypto here and today we are going to be talking about the season 2 airdrop of Hyperliquid and also their ecosystem. For those who don't know, they are going to be launching their own EVM mainnet later on this year. But before we go into the speculative season 2 criteria and the other projects, I want to make you this elevator sales pitch, why you should be bullish and why you should be farming Hyperliquid right now. So last year we had the season 1 airdrop, which was the largest airdrop known to man, where people that made millions, some people made 100k, 200k, the median airdrop value was around 40,000 dollars if I believe, or 34k. And then there were people even in the lowest allocations got like 500 dollars if they basically sold around at 25 dollars or at the peak, which was at 35 dollars. So a lot of people made money and when that happens, people turn into evangelists. They become cult members for the chain. This was what happened with XRP, Pulse, Hex, when they made significant amount of money from projects that were basically worth nothing. And happened with Ethereum, by the way, too, which basically made the most amount of million assets that any project has ever made in the history of mankind. But basically, there is this cult feature building around Hyperliquid because there were so many people that got rich. And that means that there's going to be a lot of NFT projects and meme coins, which are going to be absolute cult status in this chain, which are going to be doing really, really well. So there's going to be a lot of interest on this chain because it makes so many people rich and a lot of people didn't really have much complaints about the distribution of this airdrop. Some did, but that's a minority. Now that is basically my sales pitch. There's a lot of hype and a lot of loyal followers. Those cult people are going to hype and shill this chain to the ends of a lot of hype. So the earth, which probably will make it like a chain that will go around for multiple cycles as XRP and hex, for example, have now in season one, they distributed 31% of the supply. However, what happened was not everybody claimed. So that part of that distribution, I don't know what the percentage is, is going to be moved into season two and season two was 38.8%. So that's how much they are still going to be have for future emissions and community rewards. Part of that is going to go into the staking. Yes. But it's safe to assume because 31% was not fully claimed. We are going to be seeing maybe larger season two airdrop happening next. And that is going to be making it very bullish and very competitive. And obviously people want to have the edge. Please tell me light, how do I become eligible? So let's go into the five criteria that I basically came up with for season two eligibility. Number one is obviously going to be volume. Hyperliquid is perps trading. They have now spot trading as well. But perps trading is going to be one of the main criteria. Now that the whales are aware of the project, they might become farming and move insane amounts of volume. So volume may not have as much impact as it did before. There might be other criteria which will matter like activity. Maybe, you know, there's many ways to measure activity, but volume is still going to be king. But it may not be as prevalent theme on season two as it was prior. So that's one thing. Okay. And you can do spot trading, but it may not be rewarding as much points as the perps trading, which is kind of where this whole thing is built on. I recommend just like depositing, let's say, for sake of the argument, $500, you do 4, 3x leverage. And every time your dollar up, you close and then you open again. Try to stay on the same number. Don't chase like 20% gain, 5% gain. Just like try to beat the fees. So when your farming is over, you're going to be having roughly around the same money that you deposited in. You're not here to make money. You're here to defeat the fees of the protocol that it should be your strategy and obviously make, you know, trades that are going to be at least 1% plus, or you're going to be some dollar value because PNL might be one criteria. Like people who are just going to be trading on loss shouldn't barely get as a big allocation, obviously. So that's number one criteria volume. Number two is volts. So volts are basically places where you can deposit your USDC. And I guess there's volts that are negative. Some are positive and I guess these are like pro traders where you can basically deposit and they will be doing trading for you and you will be making money or not. It's sort of a copy trading, I guess, of forms. And there's also where I'm using is the hyper liquidity provider. So this is the overall liquidity of the protocol. This has been doing very, very well. So I put it on $2,600 or something. And I have made $30 already of PNL and that's in a month. I think, I think in 60 days max is when I started participating on this USDC thing. Yeah. 200, 250. So maybe 200, 200 was the number maybe or 2020. Yeah. 2020, 2020. So basically vault is a good strategy. And if you're not good at trading, this is the way to go. Deposit some money here in the vault. You can use a couple of vaults if you want to maybe, you know, don't want to do the same risks. That could be a good thing to do. But the HLP is going to be the one that I would be doing. And maybe I would YOLO in some of these in case you want to choose some gains at the same time. You could try this. Okay. This is not accepting any deposits anymore. So yeah, there, this is one of the criteria, definitely. And yes, whales can come in and make insane amount of deposits. And there might be a time when some of these are going to be not taking any deposits anymore, but whatever. So, what's is going to be number two and number three is going to be referrals. And obviously you can sign up with my code light like her, and you're going to be getting a 4% discount. This discount is very important for you to stay on positive P and L. So make sure you're going to be using that code to get those discounts. Obviously I'm going to be getting a portion of the fees. It's not like I have made millions of dollars here, but I think the affiliates might have some criteria on, on, on, on this airdrop. I'm not sure. Was it earlier, but I guess it was, but this guy who was trading with $263 billion, sorry, it's $263k. He probably made a very, very good airdrop from this platform. So that is going to be one. The referral. So to, to recap, we had volume, we had volts, we had referrals. Then there is staking. Now, since the price of hype has gone down, I basically bought $200 worth of hype and staked it. And there is a couple of validators, which are interesting here. The validators can do their own airdrops. So don't do the hyper foundations. I did the Nansen hyper collective hyper might do, I think they already have their own meme token and Nansen don't have their token yet. So that could be a portion of the airdrop and you are getting an APR. It's not super strong. And you might want to look into the commissions as well, in case you're really worried about that. It doesn't really matter really if, and that's not a 2%, that is a 2% of your rewards, not 2% of the APR FYI. So those are the four criteria. Staking is going to matter. Volts are going to matter. Trading is going to be mattering. Refills maybe. And then the last thing is testnet. So there are currently a couple of dApps already built it on, on the hyper liquid testnet. And those are might, might be a part of the criteria. I'm going to be going into those in a second. So let's kind of go into what are things getting cooked. So there's this blue chip NFT collection merging in hyper. This is called the hypers. These are pixel art NFTs. And these are very likely going to become the blue chip de facto first NFT collection on hyper liquid. Join the discord, try to get a white list. The sale might be on hype token, who knows. And this is definitely something you don't want to miss. And getting a white list is probably not even that hard. There's an art contest going on and some other things, but yeah, it's sometimes really hard to get into this white list. It is kind of like an NFT meta right now. There's going to be a lot of hot NFT collections coming on a lot of these chains. So we have talked about Monad. We have talked about Barachain, Abstract and Movement and yes, Eclipse. So those are kind of like the new chains and there's going to be a lot of hot NFTs launching on them, which are going to be blue chips. And some of them are short lived and some of them are going to be long lived, but they are going to cook. And I've been focusing a lot of NFT white lists as of late. There's also Telegram bot for trading. So if you don't like the interface of the Hyperliquid here, you can use the Telegram mini bot. And they also have probably their own token coming out. So you can two birds with one stone. You can trade with this bot and get the airdrop points on Hyperliquid while also getting points on the PVP trade. This is already 53,000 monthly users. That's kind of bullish. So for any type of a trading bots, that's a very high number. So this might be cooking also. There's also other vaults, which are going to be getting you different types of points and systems. Harmonix has couple like a Pendle project, the yield vault and you're hedging against Hyperliquid funding. I don't like these are like very big brain defy things. There's like lending, borrowing, loaning. It's kind of like this loop thing. I've been very skeptical about them, but it is what it is. And this is a pretty good APY and you can Hyperliquid on top of that. And there's another vault also here that you can do. So these are not actually bad ideas to do. So in case you want to check out Harmonix out and get a lot of points at the same time, maybe give it a shot. And I will be reading my referral link for this platform. Then there are some testnet stuff. There's a Hyperlend. This is a lending protocol on testnet. And they have a faucet, which is forming with, forming, forming, forming with, you know, testnet and CAPTCHA. That's what the word I was going for. And these are going to have point system and staking. So that's going to be something you can interact with right now with your monies. There's Keiko Finance, which is a stable coin thing on Hyperliquid. That's going to be big because Athena has been doing really well. I think these governance tokens for these stable coin protocols are actually really bullish. So I've been doing a lot of them. And, you know, it's just a liquidity thing. And you can do Uniswap and all types of stuff. So this is another one that I would be playing around on testnet. And then there is Hyperfee. I think this is the delegator that I was talking about earlier. There's lending stuff that you can do over here. I don't know if they have a faucet. There's a faucet. Okay, so I already minted out earlier. But this is another one where you can mint some weird stable coin. And I think that's going to be a decentralized stable coin. Sorry. So that's another one that will be doing good. I think they already have their meme token. I could be wrong about that. Then there's KittenSwap. This doesn't seem to work right now. Like when I'm trying to boot out allocation. Okay, now it's actually working. But yeah, like maybe get like 20 transactions on the testnet or something on multiple throughout, well, throughout multiple days. Then there's a Kinetic, which is going to be liquid staking on Hyperliquid. There's an unstaking period for Hype tokens on the platform. So you will have a liquid staking on Hyperliquid. This is not out yet. You need an actual password to get in, I believe. Maybe. Or maybe it was another website, which I just closed. No, yeah, yeah. It was actually this one. So another liquid staking platform. And this is for multiple chains. But this requires an actual password for Hyperliquid. So SThype. And you need a password. If you know it, please share it on the comment section below. And then lastly, there is Felix. And this is, you know, their own stable coin thing. There's the PER token. That's a meme token. I think that's part of the Hyperliquid ecosystem. I think it exists already on another chain or something. And they will be probably breached out. But some of these top, there's going to be a top meme coin. If that's going to be launching before the mainnet, that's something you want to get. But yeah. So that basically wraps up my Hyperliquid tutorial. And yes, it's not too late to get in. Even with $50 trading volume, you can do multiple access and trade back and forth. And you can get a pretty nice chunk of volume on the platform. What would be a gold value? I would maybe go for like $50k, $100k. You can do that with high leverage and very possible. It sounds a big number. But when you do high leverage, you can get those volumes very easily. So that's something you want to do. It doesn't have to be throughout like course of months and weeks. I think you can do it just on one day, a lot of trading. And that's fine. But this is something that still will print a lot in season two. And so will the ecosystem. So will the NFTs and some of these protocols. I think the meme coins are going to be more hotter than some of these DeFi protocols. But like Harmonix is probably going to be big. And the, what was the, anything Keiko. Yeah, because these are going to be revolting around stable coins. But thanks for watching guys. Stay tuned for more. I will be seeing you in the next video when we'll be driving out. Until then, see you next time.