Hyperliquid vs Jupiter: Which Airdrop is Bigger? (February 2026 Updated)

VSHyperEVMSolanaFebruary 2026

TL;DR
Q: Should I farm Hyperliquid or Jupiter in 2026?
A: Both are top-tier. Hyperliquid ($2B+ TVL) rewards trading volume and HLP liquidity on its own L1. Jupiter ($1B+ TVL) rewards JLP vault deposits and swap routing on Solana. Many farmers do both to diversify across chains.

Tale of the Tape

MetricHyperliquidJupiter
ChainHyperEVMSolana
TypePerpetual DEXDEX Aggregator
TVL Hyperliquid$2B+$1B+
Airdrop StatusPoints ProgramPoints Program
TokenHYPEJUP
Est. Payout$500+$400+
Cost to FarmCapital (USDC)Capital (SOL)
Farming MethodHLP vault deposits + trading volumeJLP vault + swap volume + perps
Est. APY~15% (HLP)~12% (JLP)
Risk LevelMedium (IL on HLP)Medium

Verdict: Which Should You Farm?

Hyperliquid leads on raw TVL and volume-based farming. Jupiter offers broader Solana ecosystem exposure through its aggregator + JLP vault. Volume traders pick Hyperliquid; Solana-native farmers pick Jupiter. For maximum airdrop exposure, farm both and track your combined Pioneer Pace score on FarmDash.

Quick Answers

Q: Is the Hyperliquid airdrop confirmed?
A: Hyperliquid airdrop status is "Points Program" with estimated TVL of $2B+. Track your eligibility on FarmDash.
Q: Is the Jupiter airdrop confirmed?
A: Jupiter airdrop status is "Points Program" with estimated TVL of $1B+. Track your eligibility on FarmDash.
Track Hyperliquid + Jupiter on FarmDash →

Related: About Hyperliquid | About Jupiter | Full Rankings