I suspect this belongs to $HYPE's own counterfeit season

Inventory of opportunities in the #Hyperliquid ecological extension

$HYPE has surpassed $SUI to become the 11th project by market capitalization.

Among the top 20 projects by market capitalization, only $HYPE, $SUI, and $TON are new coins in this round; the others are classic old coins.

Let's take a look at the opportunities in the Hyperliquid ecological extension.

💠deBridge

◆ Application Type: Cross-chain bridge.

◆ Product Advantages: Lightning-fast cross-chain with points and subsequent airdrops.

◆ Product Limitations: Only supports Hyperliquid's $USDC and HyperEVM's $HYPE.

◆ Applicable Scenarios: Cross-chain transfers into|out of the Hyperliquid ecosystem.

deBridge should be one of the earliest projects to integrate with the Hyperliquid ecosystem, having supported it since March.

At that time, it only supported transfers into HyperEVM and transfers out of Hyperliquid; now it fully supports transfers into and out of both HyperEVM and Hyperliquid.

deBridge is a project very sensitive to Layer 1 and Layer 2, currently supporting cross-chain transactions between 26 ecosystems. Recently, with the launch of the Plume mainnet, deBridge supports cross-chain transactions between the Plume ecosystem and the other 25 ecosystems, quickly providing a funding entrance for RWAfi.

Moreover, deBridge's token $DBR (a nickname I gave) is currently in a bottoming formation.

💠Defidotapp

◆ Application Type: DEX based on chain abstraction.

◆ Product Advantages: Aggregates Hyper

◆ Product Limitations: Only supports spot trading, does not support perpetual futures.

◆ Applicable Scenarios: Trade HyperEVM and other chains' MEME coins and mainstream coins using USDC as if in a CEX.

UniversalX directly lists the tokens of the HyperEVM ecosystem, and here it becomes clear that the largest MEME by market and liquidity in the HyperEVM ecosystem is $PURR, with a market capitalization reaching $130 million.

UniversalX has recently updated many features, supporting three trading modes: market orders, limit orders, and TWAP.

Users can set 8 preset modes, where P is price priority mode, and S is speed priority mode. UniversalX has set a default P1 strategy: double the capital and halve the stop loss.

#UniversalX is now the DEX whose product features and experience are closest to a CEX. Although users need to deposit into it, it differs from single-chain channel DEXs like Hyperliquid; when users deposit into UniversalX, they are adding funds to their universal account, controlled by an external wallet.

Users can buy any on-chain asset at any time, sell at any time, and repurchase assets from other chains without needing cross-chain transactions. This is due to UniversalX's underlying Particle chain abstraction infrastructure, where Particle technology facilitates a series of operations such as buying and selling across chains for users, who are unaware of these processes, experiencing it as if in a CEX.

Additionally, if users want to trade leveraged contracts, they can go to MYX, connect the same external wallet, choose the universal mode, and they can use the funds in their universal account for perpetual futures trading.

💠CoinCall

◆ Application Type: A trading platform primarily focused on options (of course, it also has spot and perpetual futures).

◆ Product Advantages: Professional options trading products

◆ Product Limitations: Options products relatively have a threshold

◆ Applicable Scenarios: $HYPE options.

CoinCall is an exchange primarily focused on options products and ranks as the 5th in options trading. CoinCall is known for its very user-friendly trading interface.

In the options field, 'Call' means bullish, so CoinCall implies — bullish on cryptocurrencies. Among the top 5 options exchanges, CoinCall is the youngest; however, as indicated by its name, CoinCall was born for options. Therefore, in terms of options trading interface and product experience, CoinCall has an excellent reputation.

As a product of the HYPE ecosystem, CoinCall is the only trading platform supporting $HYPE options, offering $HYPE traders more ways to play:

When the market is volatile, buy bullish or bearish $HYPE options,

When the market is stable, sell bearish or bullish $HYPE options.

Use $HYPE options to hedge $HYPE futures or spot trades.

💠In conclusion

Hyperliquid has risen due to its product experience and innovative listing methods, and has gained popularity due to the overseas version's coolness, James. However, the HyperEVM ecosystem is still in its infancy, and this article introduces opportunities in the Hyperliquid ecological extension.

The deBridge recommended in this article has supported the Hyperliquid ecosystem for over 3 months, serving as a very convenient funding entrance for Hyperliquid and HyperEVM, allowing direct cross-chain access from 18 ecosystems.

UniversalX allows direct trading of HyperEVM ecosystem tokens and enables seamless switching between the HyperEVM ecosystem and other ecosystems without cross-chain operations, providing an experience similar to that in a CEX.

CoinCall offers $HYPE investors the opportunity for options trading and hedging.