Hey folks, if you're deep into the world of meme tokens and blockchain DeFi, you've probably heard the buzz around Hyperliquid. This layer-1 blockchain is making waves with its HyperEVM, a high-performance environment perfect for trading perps and spot assets. But today, we're zooming in on a standout project that's turning heads: PRJX.

It all started with a hyped-up tweet from @Cosmyn_23, a vocal supporter in the Hyperliquid community. He shouted out to @Lamboland_ and @BOBBYBIGYIELD, the brains behind PRJX, congratulating them on some insane metrics. We're talking $76 million in Total Value Locked (TVL), a whopping $131 million in 24-hour trading volume, and—get this—$262,273 in fees generated in just one day. That's up from $200K the day before, and it looks like they're on track to hit $300K soon. Who can stop this rocket ship? Apparently, no one!

For the uninitiated, PRJX (short for Project X) is a decentralized exchange (DEX) built right on Hyperliquid's HyperEVM. What sets it apart? It's fully community-backed with zero venture capital involvement—pure grassroots energy. About 86% of the fees go straight to liquidity providers (LPs), making it a goldmine for anyone parking their assets in pools. Plus, it's all on-chain and non-custodial, meaning you keep full control of your funds. No shady middlemen here.

The thread didn't stop at the shoutout. @prjx_intern chimed in with a confident "no one can stop us—we made this for the community," and Cosmyn fired back with a quick "intern ✍️🤝." Another user, @ghazzog, joked "I don't think I can," only for Cosmyn to echo "no one can." The vibe? Unstoppable momentum.

If you're living under a rock and haven't jumped in yet, Cosmyn dropped a referral link: prjx.com/@Cosmyn. Signing up through links like this often nets you bonuses, like a 10% points boost for early birds farming PRJX points and potentially Hyperliquid's $HYPE airdrop.

Why does this matter for meme token hunters? Hyperliquid is becoming a hotspot for volatile, fun trades, and PRJX is the go-to DEX for providing liquidity in pairs like HYPE/USDT0 or HYPE/USDL. Users are reporting APYs north of 90%, plus the thrill of farming airdrops. Recent stats show PRJX flipping other DEXs on the chain, with pools hitting millions in TVL in days. It's not just about trading memes—it's about being part of a protocol that rewards the community directly.

Getting started is straightforward. Bridge your assets (like ETH) to HyperEVM using tools like Relay Protocol, swap into stablecoins or HYPE, and dive into liquidity pools. Pro tip: Keep your loan-to-value ratio low if you're borrowing on platforms like HyperLend to avoid liquidations. Wide price ranges in LPs help minimize impermanent loss—that temporary dip in value from price swings.

PRJX's rise is a testament to what happens when a project focuses on fundamentals: slick UI, high yields, and daily community engagement. No fancy KOL endorsements or presales—just showing up and delivering. If you're into meme tokens, DeFi yields, or the next big blockchain narrative, keep an eye on Hyperliquid and PRJX. This could be the start of something massive.

What do you think—ready to ape in? Drop your thoughts below, and stay tuned to Meme Insider for more updates on the wild world of crypto memes and tech.