Airdrop update
HyENA just launched its trading app, and it’s basically Hyperliquid trading with extra rewards.
You trade on Hyperliquid as usual, but through HyENA you earn HyENA points + Ethena points on top.
Key details:
100M HyENA points distributed every week
24 epochs total
HyENA has no plans to launch its own token
All points roll into Ethena Exchange Points under Ethena’s rewards program
How it works:
1. Connect your wallet on the HyENA app
link: https://app(.)hyena.trade/ref/CRYPTORANK
remove ()
2. Fund your account
3. Start trading (long/short) to generate volume
– After $50K trading volume, you can create a referral code
4. Optional: add liquidity in the Vault
– Liquidity providers currently earn x50 Ethena points and x5 Upshift points
5. Track everything in the Rewards tab
This feels more like a volume + liquidity play, not a typical “farm and dump” setup.
If you already trade on Hyperliquid, this is probably worth a look.
As always, do your own research and manage risk.
