
Insightful|Apr 02, 2025 20:17
The HyperEVM airdrop compound playbook
8 tokenless protocols + Qualifying for future HL airdrop?
With only ~1.8M TVL currently
Let's dig in
The HyperEVM ecosystem is rapidly expanding
One of these is the HyperEVM Vaults by @mizulabs
https://x.com/mizulabs/status/1904580698792747018
Supports various ETH LST assets with Mantle @mETHProtocol's $cmETH being one of the most recent editions
How does it work
WL assets are deposited, these are then bridged to HyperEVM and deployed into HL-Ecosystem protocols via @roycoprotocol markets
The incentives are turbo juiced
For specifically depositing cmETH = Points from Methamorphosis S3 (redeemable for COOK) + Staking and restaking rewards from @eigenlayer @Karak_Network @symbioticfi
Allocated to the vault is 1-2% of the token supply from HL Eco partners @0xHyperBeat, @mizulabs, @hyperlendx, @harmonixfi, @HypurrFi, @TimeswapLabs @silhouette_ex, and @HyperSwapX
AND @veda_labs points, Swell, Stakestone, Etherfi, Renzo, Puffer, Kernal
+ Possible points from Royco and HL themselves
I think HL will retroactively reward users for HyperEVM activity or there will be a points system in the future if there isn't one already
Bridge Router also uses LayerZero / Stargate
If you have idle ETH / cmETH I haven't seen a vault that hits so many protocols at once with 8 of them also be HyperEVM native
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