Editor's note: In the HypeVM ecosystem, there are several high-yield mining strategies worth noting, including mining $HYPE tokens through HyperSwap and HyperLend, and using leveraged circular operations to increase holdings. The leverage vault provided by Sentiment can also effectively enhance returns, though there are certain risks. To protect capital, it is recommended to choose teams with public identities who are active in industry events. In the 'point season,' wise capital deployment can avoid losses.

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The current market environment isn't easy, but I hope many of you still have some stablecoins on hand, ready to invest in profitable and productive operations.

Currently, nearly one-third of the $HYPE supply remains to be distributed, combined with its strong price performance, everything related to $HYPE and its EVM is still a place where we can consider parking our funds.

This is also a 'macho' level ecosystem.

Today, we will focus on introducing some new mining strategies on the Hyperliquid ecosystem:

1. HyperSwap -@HyperSwapX

The mainstream decentralized exchange on this chain has performed well in recent weeks, with TVL rising rapidly.

The strategy here is simple: buy $HYPE tokens on the order book, bridge them to EVM, and then purchase some $LHYPE on loopedHYPE.

loopedHYPE is an innovative staking protocol that increases yield by circularly staking $HYPE; there is also stHYPE, another major staking service provider on EVM.

Then, add some liquidity of $HYPE and/or $LHYPE/$stHYPE on top. True mining enthusiasts will, of course, repeatedly perform these operations across multiple addresses.

2) HyperLend is another obvious option for mining on HypeVM.

Its goal is to become the native lending protocol on this chain. Since last month, HyperLend's TVL has been growing exponentially, indicating that there are definitely more people eyeing this.

However, currently, all vaults are fully utilized.

Additionally, I can currently only deposit a small amount of funds at certain addresses, but the overall idea is to keep an eye on when more deposit space will reopen, and then use multiple addresses to deposit/borrow $HYPE.

3. If you want to mine $HYPE, Sentiment is also a play worth paying attention to.

They offer a vault that can circulate $HYPE with leverage (or without), aiming to increase the amount of $HYPE held by users while also counting towards the overall TVL data. You just need to buy some $wstHYPE on Hyperswap to start the cycle. Choose the collateral, leverage multiplier, and of course, make your own decisions, NFA (not financial advice).

In my opinion, while this strategy has risks, it is very suitable for accumulating points.

Conclusion

During the mining 'point season,' you must be careful about the deployment location of funds to avoid being 'cut' or falling into some fraudulent contracts.

A simple trick to protect capital? Choose teams with public identities, those who are well-known in real life and participate in events.

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