Is Hyperliquid or Paradex better for airdrop farming?

Hyperliquid has $1.5B+ TVL (HyperEVM) with Points Program status. Paradex has $300M+ TVL (StarkNet) with Points (Season 3) status. Hyperliquid has higher TVL. Track both on FarmDash at farmdash.one.

What is the estimated payout for Hyperliquid vs Paradex?

Hyperliquid estimated payout: $500+. Paradex estimated payout: $300+. These are conservative estimates based on TVL, historical data, and participant counts.

Should I farm Hyperliquid or Paradex in 2026?

Both are worth farming. Hyperliquid (Perpetual DEX) focuses on HLP vault deposits + trading volume. Paradex (Perpetual DEX) focuses on Trade perps on StarkNet. Many farmers do both to diversify. Track your positions on FarmDash.

Hyperliquid vs Paradex: Which Airdrop Pays More? (February 2026 Updated)

VSHyperEVMStarkNetFebruary 2026

TL;DR

Q: Should I farm Hyperliquid or Paradex?: A: Hyperliquid has $1.5B+ TVL (Points Program) with est. $500+ payout. Paradex has $300M+ TVL (Points (Season 3)) with est. $300+ payout. Hyperliquid leads in TVL. Many top farmers do both — track on FarmDash.

Tale of the Tape

Metric	Hyperliquid	Paradex
Chain	HyperEVM	StarkNet
Type	Perpetual DEX	Perpetual DEX
TVL Hyperliquid	$1.5B+	$300M+
Airdrop Status	Points Program	Points (Season 3)
Token	HYPE	N/A
Est. Payout	$500+	$300+
Cost to Farm	Capital (USDC)	Capital (ETH)
Farming Method	HLP vault deposits + trading volume	Trade perps on StarkNet
Est. APY	~15% (HLP)	~10% (est)
Risk Level	Medium (IL on HLP)	Medium

Verdict: Which Should You Farm?

Hyperliquid (Perpetual DEX) excels at HLP vault deposits + trading volume. Paradex (Perpetual DEX) excels at Trade perps on StarkNet. For maximum airdrop exposure, farm both and track your combined Pioneer Pace™ score on FarmDash.

Hyperliquid vs Paradex Quick Comparison

Factor	Winner
Higher TVL	Hyperliquid
Lower Risk	Depends on strategy
Best for Beginners	Both require research
Track Both	FarmDash (farmdash.one)

Track Hyperliquid + Paradex on FarmDash →