The latest $HYPE retrace is perfect to hoard some and use it to farm the best protocols on HyperEVM ​ Some of them might become very big as soon as they launch, and the best of them bring great tech along ​ Let's start from the top 👇 ​ @hyperlendx is the biggest protocol on the chain with $300M in TVL 👇 That means around 30% of the total TVL of the chain is here and you might think that means you're late to it ​ Quite the opposite, when you thing how much farther can the chain go, and considering that the biggest product is on the way ​ HLP is one of the strongest financial assets in DeFi as of right now ​ Hyperlend will tokenize it on HyperEVM and turn it into full onchain liquidity ​ You'll be able to loop it and leverage its already great APR ​ ▶️ There will also be Liquid Perpetual Positions ​ You'll be soon able to open leveraged positions on HyperEVM and use them as collateral in the isolated pool section ​ - Open a position with $USDC - It gets transfered to @HyperliquidX L1 - It gets used to open a future position ​ And these are just the official stuff that we know of ​ ▶️ Hyperlend is one of the first protocol that have gone live on the EVM ​ They have enough funds to cook pretty great things ​ If you decide to start farming on it, you have quite a good range of options: ​ You can lend $HYPE, $USDe and $sUSDe (Ethena), $USDT, $UBTC and $UETH (Unit), and $wstHYPE ​ Keep in mind that you'll have to find room for it, the cap do fill up often ​ And don't forget to claim the daily points to climb faster on the leaderboard, they get added to your regular points once a week ​ ▶️ The main fundamentals of Hyperlend are forked from @aave ​ But there will be many innovative solutions built specifically for the $HYPE ecosystem
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