In the ever-evolving landscape of decentralized finance (DeFi), Project X is emerging as a standout player. Built on Hyperliquid's HyperEVM—a high-performance ecosystem that brings Ethereum Virtual Machine (EVM) compatibility to Hyperliquid's infrastructure—this DEX is designed to revolutionize trading across multiple chains. Recently, a tweet from crypto enthusiast @iwantlamboape has sparked excitement, praising the project's Phase 2 rollout for its impressive features.

The tweet, posted on September 7, 2025, reads: "I have to say: after testing @prjx_hl phase 2, it has 1. the best animations i've seen 2. top 5 most useful product i've used in crypto 3. big upgrade to project x Kudos to Lamboland and Bobby for making it happen and I'm excited af for phase 3." You can check out the full post here.

This endorsement highlights what makes Project X special. As an automated market maker (AMM) DEX, it allows users to trade tokens seamlessly while providing liquidity and managing portfolios. Phase 1 focused on establishing a solid HyperEVM DEX foundation, but Phase 2 takes it further by introducing an EVM Aggregator. This means traders can now aggregate liquidity from various EVM-compatible chains in one place, simplifying cross-chain trades and potentially reducing slippage and fees.

What stands out in the feedback is the user interface (UI) enhancements, particularly the animations. In crypto, where tools can often feel clunky, smooth and engaging visuals can make a big difference in user experience. @iwantlamboape calls them the best he's seen, suggesting Project X has invested in polished, intuitive design that could set a new standard for DeFi platforms.

Beyond aesthetics, the utility is a major win. Ranking it in the top 5 most useful products in crypto is high praise, especially in a space flooded with tools for trading, yield farming, and meme token launches. For blockchain practitioners and meme token enthusiasts, this could mean easier access to emerging assets on HyperEVM, where speed and low costs are key advantages over traditional Ethereum networks.

The shoutout to contributors @Lamboland_ and @BOBBYBIGYIELD underscores the community-driven aspect. Replies to the tweet echo this sentiment, with users like @HyperliquidHari giving "major props to the team" and @PremiumCycle noting that "@Lamboland_ cooked on this one." Even questions about Phase 3 show growing anticipation—what could be next after the aggregator? While details are redacted, speculation points to even broader integrations or innovative features that could position Project X as a hub for all EVM chains.

For those diving into meme tokens, Project X's upgrades are timely. HyperEVM's ecosystem is gaining traction for its efficiency, making it a hot spot for new launches. Tools like this DEX not only help in spotting trends but also in executing trades quickly, which is crucial in the volatile world of memes.

If you're looking to explore Project X, head over to their official site or follow @prjx_hl on X for updates. With Phase 2 live and Phase 3 on the horizon, this could be a game-changer for DeFi and meme trading alike. Stay tuned as we continue to track the latest in blockchain innovations at Meme Insider.