Felix Airdrop
About Felix
Felix is an authorized fork of the Liquity protocol built specifically for the Hyperliquid L1 ecosystem. It operates a synthetic dollar system where users can deposit collateral, mint the feUSD stablecoin (pegged to the US dollar), and access various yield opportunities. By combining Liquity’s proven mechanics with Hyperliquid-focused features, Felix supports collateralized borrowing, lending, and specialized vaults, aiming to provide a capital-efficient and stable DeFi environment around feUSD and related assets.
Why we choose Felix?
We selected Felix because it extends a battle-tested protocol (Liquity) into the Hyperliquid ecosystem while introducing new features like specialized vaults, equity perpetuals via HIP-3, and multiple incentive programs in USDH, USDC, and frontier markets. The project is rolling out a points program with referrals, expanding the feUSD mint cap, and partnering with RedStone for custom price feeds. These elements position Felix as an evolving DeFi hub on Hyperliquid with active incentives and growth-focused design.
Felix Airdrop Guide
Airdrop Eligibility
Complete the tasks below in the How To section to maximize airdrop eligibility
How to get Felix Airdrop?
1. Connect to Felix Protocol
– Visit the Felix Protocol app.
– Click “Connect Wallet” in the top right corner.
– Choose your preferred Web3 wallet (e.g., MetaMask, WalletConnect).
– Ensure your wallet is connected to the Hyperliquid network.
– Confirm the connection in your wallet.
2. Deposit collateral and borrow feUSD
– Go to the “Borrow” section.
– Acquire HYPE on the Hyperliquid spot market and transfer it to the EVM side.
– Deposit HYPE as collateral.
– Decide how much feUSD you want to borrow (minimum 2,000 feUSD).
– Check your collateralization ratio to manage liquidation risk.
– Enter the borrow amount and confirm the transaction in your wallet.
– Wait for the transaction to finalize; feUSD will appear in your wallet.
3. Supply feUSD to vaults
– Obtain feUSD either by borrowing against HYPE on Felix or by swapping to feUSD using DEXs like HyperSwap or Kittenswap.
– Navigate to the “Earn” section in the Felix app.
– Review the available feUSD vaults and their yields.
– Select a vault, input the feUSD amount you wish to supply.
– Approve token spending if prompted.
– Confirm the deposit transaction.
– Monitor your yield in the dashboard.
4. Provide liquidity for feUSD pools
– Visit DEXs such as HyperSwap or Kittenswap.
– Add liquidity to available feUSD trading pools (following each DEX’s UI steps).
– Additionally, supply liquidity to the BOLD/feUSD/USDT0 pool on Curve if you want extra exposure.
5. Borrow and lend on Vanilla markets
– In Felix’s Vanilla section, select the assets you want to interact with (e.g., USDT0, USDe).
– Choose “Lend” to deposit tokens and earn yield, or “Borrow” to take out loans against supported collateral.
– Follow on-screen prompts to approve and confirm each transaction.
6. Use Liquity’s BOLD for Felix incentives
– Follow Felix’s referenced Liquity step-by-step guide (on Liquity/mainnet) to use BOLD in the ways described there.
– Ensure your BOLD activity aligns with Felix’s documented requirements to qualify for its incentives program.
7. Acquire and use USDhl
– Purchase USDhl on HyperCore as directed.
– Use USDhl in the designated venues on Hyperliquid where it is incentivized.
– Claim your HYPE rewards every two weeks as specified.
8. Use the Felix Agent via Brahma
– Visit the Brahma page integrated with Felix.
– Select your existing Felix Trove.
– Choose at least one curator from the available options.
– Sign the delegation transaction in your wallet.
– Once set, the Brahma-powered agent will start auto-adjusting your interest rate weekly while you retain control of the Trove.
9. Trade Felix’s HIP-3 perpetuals
– Go to Felix and deposit USDC via Arbitrum.
– If you don’t have USDC, acquire it on Binance or bridge to Arbitrum using a service like Rhino.
– On Felix, click “Swap for USDH” and confirm the swap.
– Trade any of the listed HIP-3 perpetuals: TSLA-USDH, CRCL-USDH, COIN-USDH, and GOLD-USDH.
– Build trading volume, which may count toward potential future airdrops from Felix and Hyperliquid.
10. Join the Felix points referral program
– Navigate to the “Points” page in the Felix app.
– Click on “Join Invite Program.”
– Copy and share your referral link with others.
– Earn points based on the trading or protocol usage volume generated by your referrals.
11. Participate in incentive campaigns on Felix Vanilla
– For USDH incentives: supply USDH as a lender on Felix Vanilla to earn borrower interest plus extra USDH rewards.
– For USDC incentives: lend USDC in the Flagship and Frontier vaults, and/or borrow USDC against kHYPE and HYPE at the stated max LTVs (e.g., 62.5%).
– Track current APYs and any changes (e.g., USDC Flagship, USDC Frontier) via Felix or the Merkl campaign page.
12. Use Frontier Vaults
– Go to the “Vanilla” section.
– Select the “Lend” option.
– Choose USDT0 (Frontier) or USDHL (Frontier) to deposit.
– Approve and confirm your deposit transaction to start earning APY plus Felix points.
– If you want exposure to exotic collateral types (UETH, hwHLP, wHLP), obtain them from Project X as indicated.
13. Maximize your potential airdrop chances
– Maintain ongoing, regular activity on Felix instead of one-off transactions.
– Use a variety of protocol features: borrowing, lending, vaults, liquidity provision, perpetual trading, and frontier vaults.
– Participate constructively in the Felix Discord with useful feedback and discussion.
– Start or continue using Felix ahead of and during the points program launch date (April 11, 2025) to better position yourself for possible future rewards.
