The Farmers Market

ProjectX

DeFi Speculative $$

Innovative DeFi protocol on Hyperliquid offering yield optimization and liquidity solutions

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Farming Overview

Farming Stage Middle
Chain Hyperliquid
24h Volume $125M+
TVL $39M+
Total Volume $26B+
Rewards Cashdrops (USDC, not points)
Fees Low

Key Statistics

Network Hyperliquid (HyperEVM)
Protocol Type DEX / CLMM
Total Volume $26.7B+
Total Fees $26.9M
Points Program Live

How to Farm ProjectX

  1. Points are retired — ProjectX now pays USDC directly through Cashdrops
  2. Provide concentrated liquidity to earn trading fees and Cashdrops
  3. Swap tokens on the #1 HyperEVM DEX by volume
  4. Deposit into auto-compounding vaults for optimized yields
  5. The team has stated there are no immediate token plans — treat this as yield, not a farm

Why Farm ProjectX?

  • First AMM DEX on HyperEVM, earning the most fees of any protocol on the chain — TVL exceeded $80M within weeks
  • 100% self-funded with zero VC backing, mirroring Hyperliquid's ethos — confirmed $PRJX airdrop
  • 0% swap fees with 86% of V3 pool fees allocated directly to LPs
  • Cross-chain expansion via LI.FI: connecting via Solana, Bitcoin, Sui unlocks 10% points boost
  • Captures long-tail Hyperliquid assets since HL only allows one new spot listing every 30 hours
  • Audited by PeckShield and 0xQuit with Privy wallet integration for mainstream UX

About ProjectX

ProjectX (PRJX) is a concentrated liquidity AMM (CLMM) built on Hyperliquid's HyperEVM. It enables spot token swaps and liquidity provision with auto-compounding strategies. As one of the earliest DeFi protocols on HyperEVM, it has processed over $26B in cumulative volume and maintains ~$39M TVL.

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Frequently Asked Questions

What is ProjectX and how does it work?

ProjectX (PRJX) is a concentrated liquidity AMM (CLMM) built on Hyperliquid's HyperEVM. It enables spot token swaps and liquidity provision with auto-compounding strategies. As one of the earliest DeFi protocols on HyperEVM, it has processed over $26B in cumulative volume and maintains ~$39M TVL.

How do I farm the ProjectX airdrop?

To farm the ProjectX airdrop, you should: Points are retired — ProjectX now pays USDC directly through Cashdrops. Provide concentrated liquidity to earn trading fees and Cashdrops. Swap tokens on the #1 HyperEVM DEX by volume. Deposit into auto-compounding vaults for optimized yields. ProjectX is currently in the middle farming stage with speculative airdrop status.

What is the expected value of the ProjectX airdrop?

The ProjectX airdrop has an expected value rating of 2 out of 5 ($$). The farming stage is middle and the airdrop status is speculative. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm ProjectX?

First AMM DEX on HyperEVM, earning the most fees of any protocol on the chain — TVL exceeded $80M within weeks 100% self-funded with zero VC backing, mirroring Hyperliquid's ethos — confirmed $PRJX airdrop 0% swap fees with 86% of V3 pool fees allocated directly to LPs