Hyperdrive Crypto Protocol
Airdrop (Retrodrop)

To participate in the potential retrodrop from the Hyperdrive crypto project, you need to farm the protocol’s points by lending and borrowing stablecoins, utilizing the platform’s yield strategies, inviting friends through the referral program, and liquid staking $HYPE via Hyperdrive. Here’s a brief overview of the major activities on the platform:

• Stablecoin lending

The app supports over 5 major stablecoins on Hyperliquid L1, including Ethena’s $USDe, Hyperliquid’s $HUSD, etc.  As a result, you are able to farm multiple airdrops while earning yield on Hyperdrive simultaneously.

For example, if you deposit $USDe stablecoin, you can farm both Ethena 20x shards and Hyperdrive 2x points while generating 5.15% APY. 

• $HYPE liquid staking

Another way of earning points is 0-fee $HYPE liquid staking - $HYPED. This way, you can earn both points and $HYPE staking 2.27% APR.

• Referral points

Invite a friend to farm APY and Hyperdrive airdrop with you and earn 10% of the invitee’s generated points. 

• Ambit Finance points

Additionally, the project claims that all points earned on Ambit Finance will be converted to Hyperdrive points. If you were previously a user of the Ambit Finance crypto protocol, make sure you interact with Hyperdrive using the same wallet to maximize your potential airdrop.

Good Luck! 🍀