In the wild world of decentralized finance, where meme coins and yield farming collide, every point counts toward that elusive airdrop glory. Last week, crypto trader Degen Ape Trader turned heads by racking up another 15 points on Lighter XYZ—a rising star in the perpetual futures trading scene on Hyperliquid. But this isn't just blind grinding; it's a calculated evolution of strategy that's got the degen community buzzing.
If you're new to this, Lighter XYZ is a sleek trading platform built on Hyperliquid's high-speed blockchain, designed for lightning-fast perps trading with low fees and deep liquidity. Points? They're the gamified fuel for potential airdrops, earned through trading volume, referrals, and consistent activity. Degen Ape's latest update, shared in a candid X thread, reveals how fine-tuning can squeeze more value from your trades without burning through gas.
From Low-Yield Grind to Efficient Farm
Degen Ape didn't mince words about past pitfalls. In a quoted post from late November, they dissected why market-making bots (MMbots) fell short for Lighter points. "Loss is controllable, volume is good, but the points/volume ratio is too low," they noted. For context, standard EVFARM setups—automated tools that farm yields across protocols—were netting just 1 point per 100k-150k in volume. Ouch.
Fast-forward to this week, and the script flips. Degen Ape's improved EVFARM now delivers a stellar 100k volume per 1 point ratio. That's a massive leap, making it arguably +EV (positive expected value) for serious farmers. Accompanying screenshots paint the picture: a glowing dashboard showing rank #1294, 8.9 total points (with 7.38 from referrals), all via the app.lighter.xyz portal.
What changed? Relentless iteration. Degen Ape's not resting on laurels—they're already beta-testing EVFARM 3.0 with fresh twists:
Equity Perps + HIP3: HIP3 refers to Hyperliquid Improvement Proposal 3, which enhances spot trading mechanics on HyperliquidX. Pairing equity perpetuals (bets on stock-like assets in crypto form) with this upgrade opens doors to higher-volume plays while minimizing slippage.
Standard Perps + Paradex Integration: Paradex, a zk-powered orderbook DEX, gets looped in for standard perpetuals. The upgrade includes a higher minimum holding time to dodge wash trading flags and a smarter funding rate algorithm that chases positive rates like a heat-seeking missile.
These aren't pie-in-the-sky ideas; they're battle-tested tweaks aimed at sustainable gains. As Degen Ape put it: "Will continue to improve until it is really +EV 🫡."
Why This Matters for Meme Token Degens
Meme coins thrive on hype, but real alpha comes from tools like EVFARM that automate the grind. Lighter XYZ's points system rewards volume over vanity metrics, making it a hotbed for strategies blending perps, liquidity provision, and cross-protocol farming. If you're knee-deep in meme token ecosystems—think $PEPE derivatives or $DOGE perps—this thread is a blueprint for scaling without scaling risks.
For blockchain practitioners eyeing the next big airdrop, here's the takeaway: Efficiency trumps volume. Degen Ape's journey from subpar ratios to 15-point hauls shows how small algo tweaks can compound into serious edges. Whether you're farming on Hyperliquid or exploring Paradex's zk-rollups, prioritize +EV plays.
Got your own farming hacks? Drop them in the comments—we're building the ultimate meme insider knowledge base here at Meme Insider. Stay degen, stay informed.
Follow Degen Ape Trader on X for more real-time alpha, and check out Lighter XYZ to start stacking those points today.