In the fast-paced world of DeFi on Hyperliquid, climbing the leaderboard isn't just about luck—it's about smart strategies. Recently, Pangboy, a prominent figure in the crypto space and founder of Down Bad Gaming Studios, shared his impressive achievement on PRJX, a pioneering DEX built on HyperEVM. He's hit rank 23 with over 267,880 points, and he's dropping some valuable knowledge for anyone looking to level up their game.

Understanding PRJX and Its Points System

PRJX, or Project X, is making waves as the first-of-its-kind decentralized exchange on Hyperliquid's EVM layer. Hyperliquid itself is a Layer 1 blockchain focused on perpetual futures trading, with its native token $HYPE gaining traction. PRJX allows users to swap tokens, stake, and provide liquidity while earning points that could lead to future airdrops or rewards. It's all about incentivizing participation in the ecosystem, which aligns perfectly with the meme token and DeFi farming vibes we love here at Meme Insider.

The points system rewards activities like liquidity providing (often called LPing), where you add funds to trading pools to facilitate swaps and earn fees. The more efficient your positions, the higher your points multiplier—up to 2.1x in Pangboy's case.

Pangboy's Climb to the Top

In his tweet, Pangboy revealed he's learned more about LPing in the last month than ever before. His key takeaway? If you're actively managing your positions, narrow ranges outperform wide ones every time—for both profitability and racking up those points.

He explains that even a small-sized LP in a narrow price range can beat a large capital deployment in a broad range. This is huge for anyone farming points on PRJX, especially with the buzz around potential airdrops in the Hyperliquid ecosystem.

Breaking Down the Tip: Narrow Ranges vs. Wide Ranges

Let's unpack this advice. In liquidity providing, you set a "range" where your funds are active for trading. A wide range means your liquidity is spread out over a big price spectrum, which is safer but earns less in fees because it's less concentrated. Narrow ranges focus your capital where the action is, capturing more trading volume and fees—but they require monitoring to avoid impermanent loss (IL), which is when the value of your pooled assets changes due to price swings.

Pangboy's pro tip: Keep some tokens on the side for rebalancing, and don't be afraid to adjust if things go out of range. As he mentioned in replies, planning your range and sticking to it, while having reserves, minimizes IL. This strategy not only boosts your earnings but also maximizes points, helping you climb the leaderboard like he did.

Replies to his post show the community's excitement, with congrats from PRJX's intern and questions about rebalancing techniques. It's clear this is resonating with DeFi enthusiasts chasing that Hyperliquid hype.

Why This Matters for Meme Token Hunters

In the meme token space, projects like PRJX blend utility with community-driven rewards, much like popular airdrop farms. With $HYPE trending and PRJX attracting liquidity, this could be a gem for early adopters. If you're into blockchain tech and want to enhance your skills, diving into LP optimization on Hyperliquid is a great way to stay ahead.

Pangboy's share is a reminder: Active management pays off. Whether you're a newbie or seasoned trader, start small, learn the ropes, and watch those points stack up. For more on meme tokens and DeFi strategies, keep it locked on Meme Insider.