Decentralized finance protocols for trading, lending, and yield. UNI, AAVE, MKR, and newer ones like PENDLE.
DeFi tokens give exposure to decentralized finance protocols. Old guard (UNI, AAVE, MKR) are more stable. Newer ones (PENDLE, ENA) move on narrative cycles.
Trade DeFi with 4% OffDeFi pumps when ETH TVL grows
Hack news dumps the whole sector
Yield narrative coins are more volatile
Injective
Injective is a Cosmos chain built for trading apps. INJ-PERP ran hard in 2023.
Jupiter
Jupiter routes most Solana swaps. JUP-PERP launched after the January 2024 airdrop.
Uniswap
The AMM that started DeFi summer. UNI-PERP tracks DEX volume and ETH.
Aave
Biggest lending protocol by TVL. AAVE-PERP moves with DeFi sentiment.
Maker
Governs DAI, the oldest DeFi stablecoin. MKR-PERP is illiquid but moves on governance.
Curve
Stablecoin DEX with vote-locked tokenomics. CRV-PERP is volatile on liquidation news.
Lido
Controls ~30% of staked ETH via stETH. LDO-PERP tracks ETH staking narrative.
THORChain
Native BTC swaps without wrapped tokens. RUNE-PERP moves on TVL and swap volume.
Pendle
Trade future yield as separate tokens. PENDLE-PERP moves on points meta.
Ethena
USDe synthetic dollar backed by staked ETH + shorts. ENA-PERP listed after airdrop.
Jito
Solana MEV and liquid staking. JTO-PERP moves with SOL and staking yields.
Hyperliquid
Hyperliquid's native token. HYPE-PERP lets you trade the platform you're on.
Maker Fee
0.02%
0.0192% with AWD
Taker Fee
0.05%
0.048% with AWD
Funding
Hourly
24 settlements/day
Discount
4% OFF
Code: AWD
Decentralized finance protocols for trading, lending, and yield. UNI, AAVE, MKR, and newer ones like PENDLE. These coins share similar characteristics and often move together based on sector-specific news and developments.
Hyperliquid currently offers 12 DeFi coins for perpetual futures trading. New coins are added regularly based on trading demand and liquidity. Use referral code AWD to get 4% off all trading fees.
Leverage for DeFi coins on Hyperliquid varies by asset. Major coins typically offer up to 50x leverage, while smaller or more volatile coins may have lower limits. Higher leverage means higher risk - always use proper position sizing.
Volatility varies within DeFi coins. Some established projects have lower volatility similar to BTC, while newer or smaller market cap coins can see larger price swings. Check funding rates and historical data before trading.
Use referral code AWD when signing up on Hyperliquid to get a permanent 4% discount on all trading fees. This applies to every DeFi coin and never expires. The discount reduces maker fees to 0.0192% and taker fees to 0.048%.
Use referral code AWD when you sign up. The discount applies to all 12 DeFi coins and never expires.
Open Hyperliquid with Code AWD