The price of $HYPE might now be looking towards a small retracement
Healthy, I'd say
And a good chance to load up on one of the strongest alts in the market rn
And there's also a new great vault on the way to use your tokens to farm 👇
▶️ @harmonixfi's HyperEVM haHYPE vault
Harmonix isn't too big of a protocol right now, the TVL stands around $7M
But the UX and UI is great, and they've been building in this field for quite some time now
They offer $HYPE staking, their own points programs and a way-too-good $USDC vault netting around 18% in APY (flagship product)
The incoming HEVM vault is another beast entirely though:
It will let you farm 5 points at once
- $HAR points (presale also coming soon)
- @hyperlendx
- @felixprotocol
- @HypurrFi
- @HyperliquidX (Assuming HyperCore is still accruing points ofoo for an S3)
On top of that, the vault will also reinforce the Hyperliquid ecosystem as a whole, aligning Harmonix with the rest of the ecosystem's ethos
They decided to call it Proof of Contribution
Will keep an eye on this one and throw some $HYPE in when it goes live
Especially considering the extra 8% or so APY that you will get on your haHYPE deposit
Let's see how it goes