It's not that you didn't get any, it's that you simply didn't qualify to take

$HYPE

At the beginning of the year, looking back at last year's major projects, Hyperliquid on the 9th indeed stands out as a "super major project" from the perspective of cake, whether it’s in terms of mechanism design, airdrop valuation, or subsequent price performance, it’s considered one of the top project templates.

It's not that you didn't get any, it's that you simply didn't qualify to take

$HYPE

1. Difficult to obtain is Hyperliquid's core feature:

Seasonal system + Rolling weights,

Dynamic adjustment of points + Maximum difficulty,

It’s not like the traditional mechanism of “placing orders/interacting to get”, but rather has a complex scoring model to assign points based on behaviors, such as providing LP for market making, trading, activity level, fund utilization rate, etc.

In fact, I was paying attention early on and participated a bit, but later it became very difficult to earn points, with dynamic adjustments changing weekly. At the time of the airdrop, its value was around 1.3 to 1.4 billion USD, and afterwards it kept rising, with very high enthusiasm.

However, as far as I know, very few people around me have made more than 330,000 dollars in profit; if someone did, I sincerely want to ask how they managed to achieve that initially, such as the risk-reward ratio, etc.

2. No matter how strong the project is or how beautiful the price surge is, it can't escape a reality — someone needs to keep buying orders to maintain the coin price.

Strong narrative, strong market making, strong execution, well-placed incentives, with continuous competition from new participants; the core lies in whether the project can "tell a new story" + "open a new entry point".

3. The current airdrop market is quite difficult; where is the difficulty?

- There are many variations in points, and marketing traces are very obvious. Most projects focus on people at the front, leaving others behind.

- It has shifted from “everyone earning” to “elite competition”.

- Witch hunts are becoming stricter; I am the fish, and who is the witch 🧙‍♀️

It’s not decided by oneself, nor by technology.

- The community is often the most easily overlooked, but it is actually the most important.

- Liquidity is weakening, and most projects in the market are valued very low.