Editor's Note: In the HypeVM ecosystem, there are multiple high-yield mining strategies worth considering, including mining the $HYPE token through HyperSwap and HyperLend, and utilizing leverage to increase holdings through circular operations. The leverage pool provided by Sentiment can also effectively boost returns, although it carries some risk. To protect capital, it is recommended to choose a team with public identities who are active in the industry. In the "Season of Points," wise capital deployment can help avoid losses.

The following is the original content (slightly reorganized for better readability):

The current market environment is not easy, but I hope many of you still hold some stablecoins ready to invest in profitable, productive operations.

Currently, close to one-third of the $HYPE supply is yet to be distributed, coupled with its strong price performance, all things related to $HYPE and its EVM are still a place where our funds can be parked.

It's also a hardcore ecosystem.

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

1. HyperSwap - @HyperSwapX

This on-chain mainstream decentralized exchange has performed well in recent weeks, with TVL also rapidly rising.

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

loopedHYPE is an innovative staking protocol that boosts the yield through looped staking of $HYPE; there is also stHYPE, another major staking service provider on the EVM.

Then, add liquidity for some $HYPE and/or $LHYPE/$stHYPE on top of that. A true mining hardcore would certainly repeat these operations across multiple addresses.

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

Its goal is to become the native lending protocol on this chain. Since last month, HyperLend's TVL has shown exponential growth, indicating that those eyeing this space are definitely more than just us.

However, currently, all vaults are already at full capacity.

Additionally, I can currently only deposit a small amount of funds at certain addresses. The overall idea is to: keep an eye on when more deposit space will be reopened, and then use multiple addresses to deposit/lend $HYPE.

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

They provide a vault that allows leveraging (but it's optional) to cyclically operate $HYPE, aiming to increase the user's $HYPE holdings, which will still be included in the overall TVL data. You just need to buy some $wstHYPE on Hyperswap to start the cycle. Choose the collateral, leverage ratio, and, of course, make your own decision, NFA (not financial advice).

In my opinion, although this strategy carries risks, it is very suitable for accumulating points.

Conclusion

During the "Points Season" of mining, you must be careful about the deployment of your funds to avoid being "rug pulled" or falling into some scammy contracts.

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

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