First, I’ll share my own thoughts, and also share them with everyone. Recently, $HYPE shot up to over $70, and many people are asking: It hit an all-time high; can we still buy in now? Generally, I’m not a fan of chasing highs. But HYPE might be one of the rare exceptions in the crypto market. Because it's not just supported by narratives; there's a real ongoing profitable business behind it. Currently, Hyperliquid's annual fee income has reached around $1.3 billion, and often weekly earnings can even surpass Ethereum and Solana. The key point is that about 97% of the protocol's revenue will be used for automatic buybacks of HYPE.
Breaking! Ethena airdrop is live, 1 fish, 3 meals! Accumulate Ethena ecosystem on dips! Awaiting USDe listing on Nasdaq.
$ENA 📌My previous airdrop earnings: Q1: Did not participate, missed out on the biggest gains. Q2: Released 5%, totaling 750 million, harvested 27,853.08 sENA. Q3: Released 3.5%, totaling 525 million, harvested 50,950.82 sENA. Q4: Released 3.5%, totaling 525 million, harvested 124,000 sENA. Q5: Released 2%, totaling 300 million, harvested over 60,000. Season 2 airdrop rewards Season 3 rewards - unlocked portion Season 3 rewards - locked 15,333.96 sENA. Season 4 rewards 📌Ethena project background - latest developments Ethena is the issuer of the third-largest stablecoin, USDe. Its core products include USDe, USDtb stablecoins, and white-label stablecoin foundational services. USDtb is one of the first stablecoins compliant with the (GENIUS Act). The white-label stablecoin service allows other chains, wallets, or applications to quickly issue their own stablecoins to earn yield. Hyena is a DEX designed based on hyperliquid for trading using USDe, allowing for contracts, spot trading, and real-world assets like stocks and indices. When using USDe as collateral, you can earn a 12% annual yield and gain additional Hyena points redeemable for USDe cash rewards.
$HYPE A very interesting point: currently the HYPE price is 64.83, roughly back to the position it was at 1:00 PM on June 23. However, BTC is now at 60,500, whereas at the same time on the 23rd BTC was at 63,000. That means HYPE has already quickly recovered, but BTC hasn’t... This is why I’m firmly convinced about choosing HYPE.
空投大师AirdropMaster
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Value Analysis of Hyperliquid -- Personal Share
First, I’ll share my own thoughts, and also share them with everyone. Recently, $HYPE shot up to over $70, and many people are asking: It hit an all-time high; can we still buy in now? Generally, I’m not a fan of chasing highs. But HYPE might be one of the rare exceptions in the crypto market. Because it's not just supported by narratives; there's a real ongoing profitable business behind it. Currently, Hyperliquid's annual fee income has reached around $1.3 billion, and often weekly earnings can even surpass Ethereum and Solana. The key point is that about 97% of the protocol's revenue will be used for automatic buybacks of HYPE.
Fully manual, not an AI-generated piece. After a few months of experience, let me explain why I chose Hyperliquid. 1. No KYC, which is super important. Truly decentralized. You don't have to worry about the shady practices of CEXs that can deliberately liquidate your position. 2. Buying US stocks is really convenient. Just like with no KYC, you don't have to worry about tax issues. Some CEXs like Binance, I remember seeing on X, are hosted in some foreign country, seems like Dubai, and they have a CRS tax agreement that will report back home. Future tax implications might come into play.
$BTC $ETH #YapayzekaAI HyperLiquid is now live for betting on the 2026 World Cup! Just follow the steps in the chart: on the trading page, select the trading pair, click on the predictions category, find the 2026 World Cup, and then choose your country in the red circle area of the second image. Just place your buy order and you're good to go. <a>https://app.hyperliquid.xyz/join/HY888</a>
$ENA Ethena Season 6 airdrop is also the last season, currently over 6k USD. Given that the growth rate is still positive, it's projected to reward 7000 tokens by the end. Ethena空投教程
Mainly, there are 5 key news items: 1. Ethena's partnership with Coinbase; the product goes live on Coinbase on June 8. This will definitely boost USDe TVL, though we'll have to keep an eye on the specifics. This is a major bullish signal—Coinbase has a massive user base and is one of the top-tier distribution channels.
2. Coinbase has bought ENA from the secondary market, though they haven't disclosed how much. This is also good news; Coinbase has a pretty mature risk management department, so you can bet this investment decision was backed by thorough analysis.
3. The launch of StablecoinX on Nasdaq is expected to happen in July, with the critical audits already passed and shareholders voting completed. We're just a few steps away, although it has been delayed several times. I believe it will definitely go public by 2026.
4. Despite the signals above and the general market dip on June 6, ENA has surprisingly risen by +4.88%. This indicates significant buying pressure. Who's behind this buying frenzy? My guess is it could be Coinbase and some savvy investors in the market.
5. I've been eyeing HyperLiquid for a while now and have mentioned it in the group before; keep an eye on this opportunity. So far, I've pocketed over 200k in profit, though I've given back about 200k from the highs. Still, I believe it will rebound. Right now is a fantastic entry point.
Hyperliquid's fee reduction link for the first 25 million USD in trading volume: https://app.hyperliquid.xyz/join/HY888 You could save a few hundred bucks; the key is keeping your funds in your wallet, not on an exchange.
$ENA Currently, the S6 airdrop rewards are over 63,000 sENA, reduced from the original total release of 3.5% to 2%, following the release ratio of S5. The current total value is $8,600, over 63,000 CNY. The coin price has been on the rise; I wonder if anyone has been stacking at around 0.1. I bought a little, but not much—just a bit over 1,000 U. The airdrop ends on September 24, with more than 4 months left. This is the final airdrop. If you haven't participated, check out the tutorial. Don't hold onto spot ENA; stake it on the official site to convert it into sENA to snag some airdrop rewards, and you can sell it anytime. Ethena空投教程
$ENA The current trend is looking really bullish, moving from 0.1 to 0.13, a solid 30% gain. I'm deciding to pull out some more capital to stack up while also minimizing costs to boost S6 mining speed. Right now, staking ENA to earn sENA will net you some Ethena, Ethereal, and Strata airdrop points, plus it enhances your USDe position with some extra points. Also, check out your USDe position. The YT-USDe from May 7 has expired. You can jump into the new pool for YT-USDe on August 16.
空投大师AirdropMaster
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Breaking! Ethena airdrop is live, 1 fish, 3 meals! Accumulate Ethena ecosystem on dips! Awaiting USDe listing on Nasdaq.
$ENA 📌My previous airdrop earnings: Q1: Did not participate, missed out on the biggest gains. Q2: Released 5%, totaling 750 million, harvested 27,853.08 sENA. Q3: Released 3.5%, totaling 525 million, harvested 50,950.82 sENA. Q4: Released 3.5%, totaling 525 million, harvested 124,000 sENA. Q5: Released 2%, totaling 300 million, harvested over 60,000.
Season 2 airdrop rewards Season 3 rewards - unlocked portion Season 3 rewards - locked 15,333.96 sENA. Season 4 rewards 📌Ethena project background - latest developments Ethena is the issuer of the third-largest stablecoin, USDe. Its core products include USDe, USDtb stablecoins, and white-label stablecoin foundational services. USDtb is one of the first stablecoins compliant with the (GENIUS Act). The white-label stablecoin service allows other chains, wallets, or applications to quickly issue their own stablecoins to earn yield. Hyena is a DEX designed based on hyperliquid for trading using USDe, allowing for contracts, spot trading, and real-world assets like stocks and indices. When using USDe as collateral, you can earn a 12% annual yield and gain additional Hyena points redeemable for USDe cash rewards.
$ENA Ethena's airdrop is currently yielding over 63,000 tokens. I've adjusted my previous release base from 3.5% to 2%, using the S5 release ratio as a reference. The final amount released will be determined by the official updates. My data benchmarks are always based on the previous season's release ratios. Also, after claiming the S5 airdrop, don't forget to top up with the new pool YT-USDe, which expires in August. For those looking to participate in the airdrop, you can check the tutorial Ethena空投教程 .
空投大师AirdropMaster
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Breaking! Ethena airdrop is live, 1 fish, 3 meals! Accumulate Ethena ecosystem on dips! Awaiting USDe listing on Nasdaq.
$ENA 📌My previous airdrop earnings: Q1: Did not participate, missed out on the biggest gains. Q2: Released 5%, totaling 750 million, harvested 27,853.08 sENA. Q3: Released 3.5%, totaling 525 million, harvested 50,950.82 sENA. Q4: Released 3.5%, totaling 525 million, harvested 124,000 sENA. Q5: Released 2%, totaling 300 million, harvested over 60,000.
Season 2 airdrop rewards Season 3 rewards - unlocked portion Season 3 rewards - locked 15,333.96 sENA. Season 4 rewards 📌Ethena project background - latest developments Ethena is the issuer of the third-largest stablecoin, USDe. Its core products include USDe, USDtb stablecoins, and white-label stablecoin foundational services. USDtb is one of the first stablecoins compliant with the (GENIUS Act). The white-label stablecoin service allows other chains, wallets, or applications to quickly issue their own stablecoins to earn yield. Hyena is a DEX designed based on hyperliquid for trading using USDe, allowing for contracts, spot trading, and real-world assets like stocks and indices. When using USDe as collateral, you can earn a 12% annual yield and gain additional Hyena points redeemable for USDe cash rewards.
The rewards from S5 were sent out $ENA , and today it pumped 16%! Good times are here, bros! 😆😆
空投大师AirdropMaster
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Breaking! Ethena airdrop is live, 1 fish, 3 meals! Accumulate Ethena ecosystem on dips! Awaiting USDe listing on Nasdaq.
$ENA 📌My previous airdrop earnings: Q1: Did not participate, missed out on the biggest gains. Q2: Released 5%, totaling 750 million, harvested 27,853.08 sENA. Q3: Released 3.5%, totaling 525 million, harvested 50,950.82 sENA. Q4: Released 3.5%, totaling 525 million, harvested 124,000 sENA. Q5: Released 2%, totaling 300 million, harvested over 60,000.
Season 2 airdrop rewards Season 3 rewards - unlocked portion Season 3 rewards - locked 15,333.96 sENA. Season 4 rewards 📌Ethena project background - latest developments Ethena is the issuer of the third-largest stablecoin, USDe. Its core products include USDe, USDtb stablecoins, and white-label stablecoin foundational services. USDtb is one of the first stablecoins compliant with the (GENIUS Act). The white-label stablecoin service allows other chains, wallets, or applications to quickly issue their own stablecoins to earn yield. Hyena is a DEX designed based on hyperliquid for trading using USDe, allowing for contracts, spot trading, and real-world assets like stocks and indices. When using USDe as collateral, you can earn a 12% annual yield and gain additional Hyena points redeemable for USDe cash rewards.
$ENA S6's current yield is pretty stable at around 110,000 tokens, which is roughly over 80,000 bucks. The total points growth rate has dropped to 0.064T per day, indicating that fewer users are in the game, so the points will be distributed more generously among the remaining airdrop shares. 1. The rewards for S5 have yet to be distributed, but they should drop any day now. 2. The rewards for Based from May can now be claimed. The claim address is accessible in the Based data module within the 1.0 basic version. 3. The listing announcement for StablecoinX has been pushed back to July; the situation is still unfolding. Ethena空投教程 Airdrop Hunter 1.0 address: https://airdropzone.cn/ena.html
$ENA The current airdrop points value is 107,000, and there are 5 months left. Continue to accumulate coins for mining. Ethena空投教程 I took out part of the sENA and exchanged it for YT-USDe to balance my position. Then I calculated that the corresponding ENA futures cost for YT-USDe is about 0.07u each, which I think is relatively stable.
$ENA The current earnings are 105,000 sENA, and the final earnings will be around 133,000. A few days ago, I exchanged part of the sENA for YT-USDe and adjusted my position; the previous final benefit was approximately 117,000, which old fans should know. Currently, the trend is very good. I believe it will continue to rise after consolidating around 0.12u. The next target is approximately 0.15u. Tutorial link: Ethena空投教程 Tool link: https://airdropzone.cn/ena.html The airdrop for S5 has not been distributed yet. I will notify everyone when the news comes out. Additionally, the official Ethena website has just updated the detailed page for whitelabel: https://whitelabel.ethena.fi/ You can see various stablecoin data launched based on the Whitelabel stablecoin service, which is overall quite excellent, showing that the team is still working seriously.
The airdrop revenue for season $ENA S6 is approximately 130,000 pieces, which has increased significantly. This mainly depends on the decrease in the total score growth rate, which has raised the exchange rate of 1M points to 30 sENA. The coin-based yield has reached an annualized rate of 45%.
In recent days, ENA has clearly started to activate. I believe there are several factors: 1. The overall market situation has improved, with BTC breaking through 75,000. 2. The listing plan for StablecoinX is about to be officially announced. 3. The reserves for USDe have added many traditional assets, no longer relying solely on the previous short hedging model, which will further enhance the yield of USDe, effectively changing the underlying logic and profit model of USDe. Of course, changes in the profit model also represent changes in the risk model, but I still believe in the team's ability to control risks, as USDe has undergone various market validations since its launch. (The 10.11 incident was only due to internal issues on the Binance platform, and the mainnet USDe has not been unpegged.)
In S2-S5, I have earned about 300,000 pieces in total over 4 seasons; for S6, it is estimated to be 130,000 pieces, making a total of 400,000 pieces. I will continue to stock up and wait for the day when ENA captures the income from the Ethena protocol. The tutorial has always been pinned at the top of my square homepage Ethena空投教程, and various tools can also be found there, or you can use them in the airdrop community.
$ENA is expected to yield over 70,000 RMB in airdrop profits. Currently, the 6th season airdrop profit of ENA is 117,000 pieces, and the daily growth rate of total points has decreased to 0.09T+. The growth of total points has slowed down, making the points in everyone's hands more valuable. This season's ENA coin-based annualized yield is expected to be around 40%. Ethena's transition from ETH-based collateral yield to a hedge fund-style profit model can provide better returns, which is a positive signal to continue monitoring future developments. I remain optimistic about the development of ENA. The YT assets are also very attractive; the previous YT-srUSDe has expired, and this time I directly topped up with YT-USDe. Strata has postponed the TGE, and I'm not sure if there will be any further changes, so I just decided to go with YT-USDe. The tutorial is at Ethena S6 空投教程 The basic class tool address is at https://airdropzone.cn/ena.html Feel free to reach out if you have any questions!!
$ENA or 117,000 coins as a reward, the total points increase has slowed down these days, so the earnings will be a bit more. Then the coin price is still at the bottom, the YT-srUSDe expired on April 2nd, I spent a little money again to increase my position in YT-USDe to fill the gap, maintaining a steady upward trend in point increase. You can check the tutorial yourself Ethena空投教程, feel free to ask me if you have questions. When you all don't have confidence, I will continue to hold, waiting for the next bull market, when protocol income surges, waiting for USDE to go public, waiting for Fee Switch to be activated, and when sENA starts capturing protocol income. By then, I might be at A8, I'm not afraid of being late. I can hold for 3 years. The tool address is: https://airdropzone.cn/ena.html
$ENA ENA Season 6 airdrop, March 31 data, 117,000 sENA Ethena空投教程 Recently, Based will issue an airdrop, followed by the S5 airdrop. I will report the earnings situation at that time.
#BTC I heard recently that Hyperliquid is backed by Zhang Jian from FCoin. I can't confirm the authenticity and don't really care. But from the perspective of product and team, it makes sense.
FCoin launched trading mining in 2018, claiming to have a daily trading volume seven times that of Binance within half a month. Hyperliquid's HYPE airdrop distributed 31% of tokens directly to users without VC shares, with a value that increased from $1.8 billion to over $7 billion, the largest in history. The essence of both is the same: it's not about giving away money, but designing a flywheel that gets more profitable the more it's used.
FCoin's core team has about 10 people. Hyperliquid currently has 11 people, with an average daily trading volume of $6.4 billion, totaling nearly 26 trillion, almost double that of Coinbase, and users have grown from 300,000 to 1.4 million. 11 people. If the flywheel is designed correctly, a large team is not necessary.
Neither takes VC money. Jeff self-funds using the profits from his quantitative trading, rejecting all VCs, and giving all tokens to the community. FCoin was one of the first to call for decentralized exchanges, two years earlier than DeFi Summer. Zhang Jian was previously the CTO of Huobi and witnessed the drawbacks of centralization; Jeff said the collapse of FTX was his direct motivation for starting his business. The essence of their motivation is the same: having seen the fragility of centralization, they aim for decentralization.
Zhang Jian has not shown up due to FCoin. In fact, FCoin has more than one shareholder; there are multiple partners, and he ended up bearing the burden of the hole of 7,000 to 13,000 BTC. It’s understandable that he won't show up this time.
What I've learned from this is: the innovation of the flywheel mechanism is more important than AI or trading itself. Only by designing a growth engine that users voluntarily disseminate and self-reinforce can we create the deepest moat.