map · bluechip score · HyENA

HyENA

Perps · HIP-3
8/10
bluechip score
Strong
SwanBluechip verdict

Strong — 8/10. USDe-margined HIP-3 perps DEX from Ethena × Based — idle collateral earns yield while you trade. Ranked #3 of 15 Trading projects we track.

Last reviewed May 2026 · independent editorial rating, not financial advice
Status
Points Live
Airdrop
Points Live
TVL
Mid
Macro
Trading
Visit HyENA → @hyenatrade on X

The take

USDe-margined HIP-3 perps DEX from Ethena × Based — idle collateral earns yield while you trade.

How to participate

Hold USDe in your Hyperliquid account and trade HyENA perps. Volume earns HyENA points for six months, converted into ENA tokens at expiry.