In the fast-paced world of blockchain and meme tokens, exciting developments can happen overnight. A recent tweet from @tdkimber highlights just that, spotlighting the rapid growth of the ApeCoin (@apecoin) and Hyperliquid liquidity pool (LP). Within just eight hours of going live on PRJX (@prjx_hl), this LP has already amassed almost $300,000 in total value locked (TVL). For those new to the terms, TVL refers to the total amount of assets deposited into a protocol or pool, essentially measuring its popularity and liquidity.

What's even more impressive is its ranking: among LPs with over $100,000 in TVL, the HYPE/APE pair sits at the fifth highest annual percentage rate (APR). APR here is the estimated yearly return for providing liquidity, calculated based on trading fees and other incentives. The tweet emphasizes that increased awareness leads to higher volume, which in turn boosts APR—creating a virtuous cycle for participants.

Looking at the screenshot shared in the tweet, we see standout performers like the HYPE/USDT pool with a whopping 143.57% APR and over $7 million in TVL, followed by HYPE/APE at 121.05% with around $283,000 TVL. These figures underscore Hyperliquid's appeal, especially since PRJX offers zero swap fees and maximizes payouts to liquidity providers (LPs). This setup is particularly attractive in the meme token space, where volatility can lead to high rewards but also risks.

The thread also includes a reply from @cv_alphas reminding everyone that "APR is not PnL" (profit and loss). It's a crucial point—high APRs look tempting, but they don't account for impermanent loss, where the value of your deposited tokens can fluctuate due to price changes, potentially eroding gains. For blockchain practitioners dipping into meme tokens, this serves as a reminder to DYOR (do your own research) and consider the full picture.

This surge ties into broader trends in the meme token ecosystem. ApeCoin, tied to the Bored Ape Yacht Club NFT community, has been expanding its utility through integrations like this on Hyperliquid, a layer-1 blockchain focused on decentralized perpetuals and spot trading. By pairing with HYPE (Hyperliquid's native token), it opens new avenues for liquidity and trading without the usual fees dragging down returns.

For meme token enthusiasts, this could signal more cross-chain collaborations and innovative DEX models. If you're building or investing in this space, keeping an eye on platforms like PRJX might uncover the next big opportunity. As awareness grows, so could the volumes and rewards—just remember to balance hype with solid risk management.