The crypto world is buzzing as Project X on Hyperliquid approaches a monumental $100 million in Total Value Locked (TVL). A recent post from @Lamboland_ captured the excitement perfectly: "$100M TVL WAITING ROOM," accompanied by a snapshot showing TVL at just over $98 million.

In response, community management specialist @tdkimber shared a insightful thread on X, outlining his liquidity providing (LP) strategies for the HYPE token. If you're new to this, LP involves adding your tokens to a pool on a decentralized exchange (DEX) to facilitate trades, earning fees and sometimes additional rewards like points in return. Let's break down his advice and why it's gold for anyone dipping into DeFi, especially with meme token vibes in the mix.

@tdkimber kicks off by noting the recent price dip in HYPE but highlights the rebound in Automated Market Maker (AMM) volume. His strategy? Points first, yields second. In Project X, providing liquidity earns you points that could lead to future airdrops or rewards, and right now, high fees from trades make it lucrative too. He doesn't sweat price swings because points keep accumulating regardless.

One key question he addresses: What if HYPE pumps hard and you're left holding stables like USDT or USDHL? Those pairs are offering "super juicy yields" right now, with APRs (Annual Percentage Rates) soaring.

As seen in the pools list, HYPE/USDT0 boasts an eye-popping 288.22% APR, while HYPE/USDHL hits 301.12%. @tdkimber shares his real numbers: On a $6K principal, he's raked in over $2K in fees and another $2K in realized profits. That's enough buffer to handle getting "liquidated" into stables if prices skyrocket. He stays vigilant, adjusting positions to chase the top 80-90% APR ranges.

For peace of mind, he suggests wider ranges—at least 10% above and below the current price—or pairing HYPE with tokens you believe in long-term, like BTC, ETH, or SOL. This acts as a hedge: If one side moons, you're "cashed out" into the other asset you like.

Check out pools like USOL/HYPE at 275.18% APR or UBTC/UETH at 98.46%. These setups minimize impermanent loss (IL)—that temporary dip in value from price changes—because fees often outweigh it, and Project X's v3 model helps limit risks. Plus, IL isn't realized until you withdraw, and if prices revert, so does your balance.

For beginners, @tdkimber recommends these "emotionless" pairs: Focus on farming points without obsessing over USD values. It's a smart way to stack rewards in volatile markets, especially with meme token energy driving hype around projects like this.

He wraps up inviting questions and plugging his referral code "tdk" for a 10% points boost on Project X. Shoutout to @prjx_intern too!

If you're into meme tokens and DeFi, this thread is a must-read. It shows how strategic LP can turn market dips into opportunities, especially as TVL milestones loom. Head over to the original thread on X for the full scoop, and consider jumping into Project X to start earning today. Remember, always DYOR (Do Your Own Research) and only invest what you can afford to lose in this wild crypto space.

Disclaimer: Grok is not a financial adviser; please consult one. Don't share information that can identify you.