In the fast-paced world of crypto, where volatility reigns supreme, finding consistent ways to generate yields can feel like chasing a mirage. But every now and then, someone shares a real-world example that cuts through the noise. Recently, crypto trader WazzCrypto took to X (formerly Twitter) to showcase how his focused strategy on liquidity providing (LPing) on PRJX—a decentralized exchange built on Hyperliquid's HyperEVM—turned in a solid +14% return over 88 days, even as blue-chip assets like Ethereum (ETH), Solana (SOL), Bitcoin (BTC), and Hyperliquid's own HYPE token dipped into the red.

For those new to the terms, LPing involves supplying assets to a liquidity pool on a DEX like PRJX, which is essentially a fork of Uniswap. This helps facilitate trades and earns you fees from transactions, plus potential rewards from farming programs. V3 pools refer to concentrated liquidity pools, where you can specify price ranges for your assets to maximize efficiency and minimize impermanent loss—that pesky phenomenon where the value of your pooled assets changes relative to holding them outright.

WazzCrypto's tweet highlights a dedicated wallet he funded back on August 22, 2025, solely for farming on PRJX. Over the subsequent 88 days, here's how the major players performed:

• ETH: -26%
• SOL: -23%
• BTC: -16%
• HYPE: -17%

In contrast, his wallet, which stuck to LPing in V3 pools with some manual rebalancing (adjusting positions to optimize for current market conditions), clocked in at +14%. This isn't just a win; it's a direct rebuttal to the common skepticism that "all LPs lose money," often stemming from experiences with impermanent loss in volatile markets.

The thread builds on an earlier post where WazzCrypto announced his entry into PRJX farming, noting its safety as a Uniswap fork and its rapid growth within the Hyperliquid ecosystem. Hyperliquid itself is a layer-1 blockchain specializing in perpetual futures, and PRJX acts as its go-to AMM DEX, enabling seamless swaps, staking, and yield opportunities. While PRJX isn't strictly a meme token, it operates in an ecosystem where community-driven projects and high-yield farms often overlap with meme culture, attracting traders looking for that extra edge.

What makes this noteworthy for meme token enthusiasts? Meme tokens thrive on hype and liquidity, and platforms like PRJX provide the infrastructure for launching and trading them efficiently. By LPing strategically, you not only support the ecosystem but can also capture fees from the wild swings that define meme trading. WazzCrypto's approach—focusing on V3 pools and rebalancing—shows that with a bit of hands-on management, DeFi can outperform passive holding, even in a bearish phase for majors.

Why PRJX Stands Out in the DeFi Landscape

PRJX, or Project X, is designed as a user-friendly DEX on HyperEVM, offering zero-fee trades for certain pairs and robust farming incentives. It's gained traction as one of Hyperliquid's flagship products, drawing in liquidity providers who appreciate its familiar Uniswap-like interface combined with Hyperliquid's high-performance chain. If you're dipping into meme tokens on chains like Solana or Base, consider how similar strategies on PRJX could bolster your portfolio.

Tips for Getting Started with LPing on PRJX

If WazzCrypto's success piques your interest, here's a straightforward way to dive in:

• Bridge assets to HyperEVM via official bridges.
• Connect your wallet to PRJX and select V3 pools for concentrated liquidity.
• Monitor for impermanent loss and rebalance as needed—tools like portfolio trackers can help.
• Farm rewards by staking LP tokens in available vaults.

Remember, crypto involves risks, and past performance isn't indicative of future results. Always do your own research.

This example from WazzCrypto underscores a key lesson in the meme and DeFi space: smart liquidity strategies can turn market downturns into opportunities. As meme tokens continue to evolve, platforms like PRJX might just be the next hub for yield hunters.