In the fast-paced world of DeFi, Project X is turning heads as the first automated market maker (AMM) DEX built on Hyperliquid's HyperEVM chain. Launched just over a month ago, it's already buzzing with activity, thanks to its lightning-fast trades, low fees, and a clever points system designed to reward early adopters ahead of the PRJX token airdrop. If you're into blockchain and meme tokens, this is one to watch—Project X makes it easy to swap tokens across EVM ecosystems, including those viral meme coins that pop up overnight.
Recently, user ZP_12_, a self-proclaimed PENGU enjoyer and social media strategist, shared a thrilling update on X (formerly Twitter). In their post, ZP announced officially cracking the top 500 ranks in Project X's points leaderboard. With a screenshot showing 5,620.5 total points and a solid rank of 479, they also celebrated their highest single-day haul of nearly 400 points. The post quotes fellow contributor Lamboland's excitement about the platform nearing a massive $100 million in Total Value Locked (TVL)—a key metric that shows how much capital is committed to the DEX's liquidity pools.
What Are Project X Points and Why Do They Matter?
For the uninitiated, points systems in crypto projects like this are basically loyalty programs on steroids. In Project X, you earn PRJX points by doing everyday stuff: trading tokens, adding liquidity to pools, posting about the project on X, and even inviting friends to join. These points aren't just bragging rights—they're your ticket to a share of the upcoming PRJX airdrop, where tokens are distributed for free based on your accumulated score. It's a smart way to bootstrap community engagement and liquidity, much like we've seen in other successful DeFi launches.
ZP's achievement isn't solo glory; it's a sign of the broader hype building around Project X. The platform's TVL is on the cusp of hitting $100 million, which would mark a huge win for HyperEVM as a whole. Higher TVL means better liquidity, tighter spreads, and more opportunities for traders—especially those hunting for the next big meme token. Imagine swapping your favorite cat-themed coin without the gas fees eating into your gains.
Community Reactions and the Road Ahead
The replies to ZP's tweet paint a picture of a vibrant, supportive community. From Lamboland cheering "LETS GOOOOOO" to other users like tdk and BOBBYBIGYIELD offering congrats, it's clear that Project X is fostering real connections. One reply even hints at the "network effect" kicking in, where more users lead to exponential growth. And with ZP vowing to push for top 400 next, the grind is far from over.
For meme token enthusiasts, Project X opens up exciting possibilities. As a cross-EVM DEX, it's positioned to become a hub for launching and trading memes on Hyperliquid's ecosystem, which is known for its speed and efficiency. If you're looking to farm points yourself, head over to prjcx.com and start engaging—trade, post, invite, and watch your rank climb.
As Project X edges closer to that $100M TVL milestone, stories like ZP's remind us why DeFi is so addictive: it's not just about the tech; it's about the people pushing boundaries together. Stay tuned for more updates on this rising star in the blockchain space. If you've got your own Project X tales, drop them in the comments below!