If you haven’t started farming HyperEVM projects yet, now’s the time. You’re no longer early, and there are already plenty of whales (just check Kinetiq or Hyperlend TVL). But I still believe the R/R is better here than anywhere else in DeFi right now. You’re not only farming the respective projects, you’re also positioning yourself for a potential second Hyperliquid airdrop. Around 43% of $HYPE is still reserved for the community. In addition, projects like Kinetiq, Unit, Hyperlend, and Felix could reach valuations in the hundreds of millions or even a few billion dollars (especially Unit and Kinetiq). Your #1 priority should be to generate decent spot volume on Hyperliquid Core (Unit) with BTC, ETH, SOL, and Fartcoin, and hold your positions for longer periods. This way, you’ll farm $UNIT (ticker already bought, indicating an airdrop might come). Next, liquid stake a decent amount of your $HYPE on Kinetiq. Then, use kHYPE as collateral on Felix Vanilla and Hyperlend. 👉 Join Felix: Borrow more $HYPE against your kHYPE. The Vanilla Market on Felix generally yields more points than the CDP market (in my experience) and you avoid redemption risk on Vanilla. 👉 Join Hyperlend: You could liquid stake the $HYPE you borrowed on Felix for more kHYPE on Kinetiq and use it as collateral on Hyperlend. This way you are looping your HYPE on different protocols. Keep an eye out for cap raises on Hyperlend, and remember: new products on Hyperlend often yield the most points in the first 1–2 weeks. Stay curious and don’t forget to claim your daily XP! In addition you can also use HyperBeat, which currently has a points program live! It offers juicy APY and a good place to put your HYPE or stables to work: 👉 Join HyperBeat: Regarding Kinetiq: You could also use the YT playbook here, I think YT / pendle remains +EV even if it doubled in price (~25% APY) considering additional incentives and potential upside to the kinetiq valuation. You basically burn HYPE for more kinetiq points, the market still misprices YT. There are ways to collateralise your PT-kHYPE and loop it and even reach 50% APY.