HyperEVM is live with $40B+ TVL. Season 2 has no end date. Here are the top 8 protocols to farm in the Hyperliquid ecosystem right now.
Quick Answer
The best Hyperliquid ecosystem airdrops in 2026: Season 2 HYPE points (trade + stake HYPE), HyperSwap and HyperLend on HyperEVM, Felix Protocol (CDP stablecoin), and HyperBeat (yield optimizer). Season 1 paid the average user $10,000+. Season 2 may distribute even more.
Hyperliquid Season 2
Core Platform
The main event. Season 2 points accumulate from trading perpetuals on HyperCore, staking HYPE (8 pts/HYPE/day), depositing to HLP vault (3x multiplier), and HyperEVM interactions. No end date announced. Consistent daily traders earn the most.
HyperSwap
DEX on HyperEVM
The primary DEX on HyperEVM. Native integration with HyperCore liquidity gives it unique advantages. Active points program. Swap weekly, provide liquidity to earn HyperSwap points. No token yet.
HyperLend
Lending on HyperEVM
Hyperliquid's native lending protocol on HyperEVM. Supply USDC or HYPE, borrow against collateral. Active users since early launch are building deep eligibility. Strongest airdrop potential of all HyperEVM protocols.
Felix Protocol
CDP Stablecoin
Hyperliquid's CDP (collateralized debt position) stablecoin protocol. Deposit HYPE or whitelisted assets, mint feUSD stablecoin. Provides leverage on HYPE while building Felix eligibility. No token announced.
HyperBeat
Yield Optimizer
Auto-compounding yield optimizer on HyperEVM. Deposit into HyperBeat vaults to auto-compound HyperLend or HyperSwap yields. HyperBeat points stack on top of underlying protocol points for double exposure.
Kinetiq
Liquid Staking
Liquid staking for HYPE — stake HYPE, receive kHYPE (liquid staking token). kHYPE can be used in DeFi while continuing to earn staking rewards. kHYPE-based strategies across HyperEVM also support other protocol eligibility.
Sentiment Protocol
Lending
Undercollateralized lending protocol expanding to HyperEVM. Leveraged DeFi borrowing with unique risk model. No token. Multi-chain presence (Arbitrum + HyperEVM) creates a strong eligibility profile.
Laminar
Perps DEX
On-chain perpetuals on HyperEVM. Complements HyperCore trading activity. Active liquidity mining. Trading on Laminar on top of HyperCore creates a high-frequency trader profile valued by both systems.
What are the best Hyperliquid airdrops in 2026?
The best Hyperliquid ecosystem airdrops in 2026 are: HyperSwap (native DEX on HyperEVM, active points), HyperLend (lending protocol, no token yet), HyperBeat (yield optimizer on HYPE/HyperEVM), Felix Protocol (CDP stablecoin, no token), and Kinetiq (liquid staking HYPE). The primary strategy is to trade perpetuals on HyperCore while interacting with these HyperEVM protocols weekly.
Is Hyperliquid Season 2 still active?
Yes. As of June 2026, Hyperliquid Season 2 is active with no announced end date or snapshot. Trading perpetuals on HyperCore, staking HYPE (8 points/HYPE/day), depositing to HLP vault (3x multiplier), and interacting with HyperEVM protocols all accumulate Season 2 points.
How do I bridge to Hyperliquid?
Visit app.hyperliquid.xyz and connect your wallet. You can bridge USDC from Arbitrum, Ethereum, or other chains directly in the interface. HyperEVM uses the same wallet and interface — no separate bridging needed for HyperEVM dApps.
What is HyperEVM?
HyperEVM is Hyperliquid's EVM-compatible execution environment that launched in early 2026. It allows Ethereum-compatible smart contracts to run on Hyperliquid's high-performance infrastructure. HyperEVM shares security and HYPE token with HyperCore (the perpetuals exchange). dApps on HyperEVM can interact with perpetuals liquidity.
What is the HYPE token?
HYPE is Hyperliquid's native token. It is used for gas fees on HyperEVM, staking to secure the network (earning staking rewards), governance, and accumulating Season 2 airdrop points. Staking HYPE earns 8 points per HYPE per day.
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