How to Mine on HyperEVM and Earn Rewards?
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.

You may also like

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.

The parent company of the New York Stock Exchange strategically invests in OKX: The intentions behind the $25 billion valuation

WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.