Hyperliquid

Yield
Been yield-farming on Hyperliquid for around 2.5 weeks, returns have been pretty neat so far.
• Vaults have no fees, and charge 10% of profits
• HLP Vault is at 300%+ apr with 3M TVL
• It's on Arbitrum using USDC.e
Hesitated sharing this because I didn't want to dilute my yield 🫶

Trading
I love the trading interface. It's smooth, fast, and they've a great eye on new perps.
There's perps for all the usual coins, as well as RLB, HPOS, UNIBOT, OX.
They just launched FRIENDS perp (friends.tech index)

Try Hyperliquid here 👉 app.hyperliquid.xy...

Three separate governance proposals will be submitted at 11 AM EST on Friday, August 11 with the following outcomes if passed:

Set new liquidity mining incentives to be reduced by 10%

Fund liquidity mining incentives for the next period

Reduce security emissions by exactly 10%

The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:

CANTO/NOTE: 9.435 CANTO per block (-10%)

ETH/CANTO: 3.810 CANTO per block (-10%)

ATOM/CANTO: 3.810 CANTO per block (-10%)

NOTE/USDC: 0.680 CANTO per block (-10%)

NOTE/USDT: 0.680 CANTO per block (-10%)

cUSDC: 0.182 CANTO per block (-10%)

cUSDT: 0.182 CANTO per block (-10%)

If passed, security emissions will be 3.856 CANTO per block (-10%).

Are you all working hard on the Zksync airdrop?
I know that syncswap sites are used a lot when working on airdrops.

Everyone is focusing only on gas fee, but there is something more important than that. That's right, Slippage. Slippage occurs more than expected when converting Ethereum to usdc or usdt and then converting the stablecoin to eth again.

If you look at the attached picture, when you sell eth, you sell it for $ 1822, but when you buy it, you have to buy it for $ 1833. You can see that slippage occurs at about 0.6% every time you trade. Even, if the transaction amount is large, the price impact will occur, so be careful.

Of course, you cannot avoid trading altogether because you are afraid of slippage, but you should at least know that slippage occurs and build up your trading volume. Be careful.