About HMX

Kalkin995

Arbitrum is quite popular for real yield and perp Dex projects, offering many opportunities for high-yield earnings. It is relatively secure (though risks associated with DeFi always exist). HMX is a decentralized perpetual protocol on Arb, providing cross-chain collateral and multi-asset collateral support.

HMX has impressive TVL data, which logically reflects in the HLP (HMX's liquidity token) yield, with a total APR of 68%, out of which about 31% APR belongs to USDC.e. This is one of the reasons why HMX has gained widespread adoption.

Hyperliquid's HLP treasury is also substantial, with a TVL exceeding $5 million and treasury profits of over $600,000. The current APR is 162%, achieved by depositing USDC and allowing the treasury to accumulate fees from traders' PnL (Profit and Loss).