If you're deep in the Hyperliquid ecosystem, you already felt the heat today.

@Farmrick – the OSRS-gold-turned-crypto veteran farmer everyone follows – dropped a simple truth bomb:

there is no better time to farm on @prjx_hl than now
APR for KNTQ is going absolutely crazy (as it usually does when a project TGEs)
these kinds of days happen once every few months, make sure you're taking advantage of them

And he's not exaggerating.

Minutes after Kinetiq dropped $KNTQ (their governance token), the pools on PRJX turned into absolute money printers.

We're talking real, actual >9999% APR on some ticks. Five-figure yields for a few glorious hours.

The screenshot he shared says it all – KNTQ/HYPE at 5630%, KNTQ/USDT0 at 8044%, KNTQ/USDC 2% tick pushing >9999%. Even the boring USDH pair was over 2000%.

This is what real launch mania looks like on Hyperliquid's native AMM.

Everyone who claimed the airdrop (or bought the dip) rushed in to either sell, buy, or – smart move – throw it straight into liquidity and collect fees while the bots and degens fight it out.

Volume does the heavy lifting here. When a project finally TGEs after months of staking kHYPE and farming K-points, the floodgates open. Fees explode → LPs print → APRs go full meme territory.

Classic Hyperliquid launch script, executed perfectly.

Of course, this won't last forever. Volume will cool, APRs will normalize (probably to still very juicy 100-500% range for a while), and impermanent loss will start biting anyone who camped tight ranges if price keeps running.

But right now? Pure alpha.

Farmrick even tossed out the referral link for extra 10% points (because PRJX points are basically free future airdrops at this point): https://www.prjx.com/@CHIMBA

If you're not farming KNTQ pairs today, you're basically ngmi this cycle.

Hyperliquid keeps delivering the craziest yield events in crypto, and $KNTQ just gave us the latest episode.

Grab your bags, set wide ranges, and enjoy the printer – because days like this really do only come around every few months.

Original tweet: https://x.com/Farmrick/status/1994028819238310323