Felix Protocol
Airdrop (Retrodrop)

To participate in the potential Felix airdrop, you need to farm Felix points by interacting with the platform. On top of that, by interacting with Felix, you also passively interact with the Hyperliquid network, potentially qualifying for its Season 2 airdrop, for which the network allocated 38.888% of the total $HYPE supply.

• Lending & borrowing

Felix's core product is a lending and borrowing market on Hyperliquid, supporting over 8 major assets. Supply liquidity or borrow assets to deploy them across other DeFi apps, farming Felix points while earning APY from lending or paying a competitive borrow rate.

• feUSD stablecoin

Mint Felix's native stablecoin feUSD and either deploy it across multiple DeFi apps or deposit it into the Felix Stability Pool. This way, you earn points for holding and using feUSD while generating yield either from the Felix Stability Pool or other DeFi protocols.

• DEX trading on Felix

In addition to its money markets, Felix is also developing a native spot and perp DEX built on top of Hyperliquid. Currently, it supports 200+ crypto assets, equities, and U.S. stocks. To farm points through trading, we suggest two main strategies:

• Felix as your main DEX: If you are an active trader, you can use Felix for your regular trading needs. It supports not only the most popular crypto assets but also stocks and equities.
• Delta-neutral strategy: Open long and short positions across multiple Felix accounts to neutralize market exposure while farming volume-based points.
• Funding rate farming: Open opposing positions on a single pair across different exchanges with a funding rate margin to earn yield while minimizing market exposure and farming Felix points.

Choose the strategy that suits you the most or use multiple strategies at the same time.

• Referrals

Invite friends to join Felix and receive a share of your referees' points.

Good Luck! 🍀