In the fast-paced world of decentralized finance, milestones like this one are worth celebrating. Just 100 days after its launch, Project X—a decentralized exchange built on Hyperliquid's HyperEVM—has racked up some eye-popping numbers. We're talking over $125 million in total value locked (TVL), nearly $12 billion in total trading volume, $15 million in fees generated, and 100 million points distributed to users. These stats come straight from a recent tweet by @web3filthy, highlighting why this platform is gaining traction among crypto enthusiasts, especially those into meme tokens.

For those new to the scene, Project X is essentially the Uniswap of Hyperliquid. It operates as an automated market maker (AMM) with zero fees for trading any coin in crypto. Built on HyperEVM, which is Hyperliquid's layer-1 blockchain designed for high-performance trading, it makes swapping tokens seamless and cost-effective. Hyperliquid itself is known for its perpetual futures trading, but Project X extends that ecosystem to spot trading, opening doors for all sorts of assets—including the wild world of meme tokens.

What does TVL mean? It's the total amount of assets locked in the protocol's liquidity pools, a key indicator of trust and usage in DeFi. Hitting $125 million as an all-time high shows serious liquidity pouring in. The $12 billion in volume reflects how much trading activity is happening, while the $15 million in fees (despite zero trading fees— these likely come from other protocol mechanics) underscores its revenue potential. And those 100 million points? They're part of Project X's rewards system, where users earn PRJX points for activities like trading, providing liquidity, or even engaging on social media. These points are your ticket to the upcoming token generation event (TGE), where they'll likely convert into the native PRJX token.

The buzz in the thread is palpable. Users are bullish, with comments like "comfy in prjx" and "Bullish" echoing the sentiment. One reply even poetically calls Hyperliquid the "soul" and Project X the "body" of this ecosystem. It's clear the community sees big growth ahead, especially with potential phase 3 developments in Q4.

For meme token fans, this is particularly exciting. Meme tokens thrive on low barriers to entry, hype, and quick trades. Project X's 0% fees and integration with Hyperliquid mean you can launch, trade, or farm memes without getting eaten alive by costs. It's already supporting bridges from chains like Ethereum, Arbitrum, and Base, making it easier to bring assets over. As the platform scales, expect more meme projects to flock here, drawn by the performance and rewards.

Looking forward, @web3filthy predicts these numbers will skyrocket in the coming months, tying nicely into the TGE. If you're betting on builders in crypto, Project X seems like a solid play. Keep an eye on their official site or X account for updates— this could be the next big thing in DeFi for meme insiders.