MASS (double tokens) airdrop + HYPE airdrop
We seen some evidence and a lot of speculation that Hyperliquid's next airdrop might not be that far away, so I'm pretty sure we are going to see some sort of update soonish (whether points UI refresh, or an actual retroactive drop).
Here's how you can get the best possible result from the @massdotmoney airdrop + earn the HYPE airdrop at the same time:
The beauty of farming MASS is that you are earning real tokens from a finite pool of rewards. No mental gymnastics required.
If you are only trading on Hyperliquid's front end, then it makes sense to at least try Mass' mobile app for the additional airdrop.
Quick context:
• MASS total supply: 150M
• 30M MASS reserved for liquidity mining (airdrops to traders) - I have heard that if the balance is not fully minted then a big part will be allocated to early users
• 27M MASS left until TGE (still early)
• Current protocol revenue run rate: ~$5M/year
• Fair TGE valuation: $50–150M FDV (assuming no growth at at all and low multiple)
→ MASS fair price range imo: $0.50 – $1.00
How the liquidity mining campaign works for perps:
Every $1 of Mass fees you pay earns you 2 MASS (or 4 MASS with my ref link).
Limit orders = more MASS rewards + lower total fees.
Example: Trade $1,000,000 notional (limit) (assuming no HYPE staked)
• Hyperliquid fee: $150
• Mass fee: $850
• Total fees: $1,000
MASS rewards:
• No ref: 1,700 MASS
• With my ref link: 3,400 MASS
Break-even MASS price (covering both MASS & HL fees):
• No ref link: $0.59
• With my ref: $0.29
So if MASS trades above $0.30 at TGE (very conservative), limit order ref traders cover all fees (can reduce HL fees further by staking HYPE).
Scaling this up:
TLDR:
Limit traders using my ref link:
• At $0.30 MASS (45M FDV) → break-even
• At $0.67 MASS (100M FDV) → 2× fees back
• At $1.00 MASS (150M FDV) → 3× fees back
Entirely possible MASS trades a lot higher with all of the products they have, and the vision of a super DeFi mobile app.
I also know they are seeking more investment, and in talks currently. Barely anything on the market that has their suite of products natively on mobile.
And remember, you will get the full HYPE airdrop for all your trading on Mass.
The MASS + HYPE combo is a very trader-friendly incentive program.
With $5M annualized revenue already and only 30M MASS for airdrops, early traders are effectively getting paid to generate volume.
Plus the Mass app offers so much more than just perps (spot, on-chain stocks/RWAs, earn vaults etc.) - it is one of the best everything mobile DeFi apps we have in crypto.
No reason not to try it - my ref link is in the first reply below.
Full disclaimer: I worked on the Mass product in 2023, and am an official partner and long standing supporter.
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Metamask tells you: "Insufficient funds."
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[1] Today, I want to share my favorite DeFi project and why it's my number one choice. 😎 Introducing Nested, the best decentralized portfolio management and copy trading platform.
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