https://app.multipli.fi/
Referral code: 5S2GGB
Multipli fi is a decentralized finance (DeFi) yield-generation platform. Here are the key points:
- It’s a multi-chain yield protocol that supports assets like BTC, ETH, USDT, USDC, and others.
- It generates yield by using delta-neutral strategies — i.e., positions in spot + futures or perpetual markets aimed to reduce directional risk while capturing funding or contango opportunities.
- It uses “xTokens” (e.g., xUSDC, xUSDT, xWBTC) which are representation tokens that earn yield inside the protocol.
Yield: ~ 5%
Things to be aware of / Risk factors
- Although the platform positions itself as low-risk (due to delta-neutrality), all crypto / DeFi platforms carry risk (smart contract risk, liquidity risk, strategy risk).
- Withdrawal or sell back of xTokens may follow certain rules or cycles (e.g., delays) as per their FAQ.
- Always do your own due diligence, and be comfortable with how yield is generated (they use sophisticated strategies) and understand the smart-contract / platform risks.
On balance, I’d say that Multipli appears reasonably legitimate by many DeFi-standards: they publish audits, detail risks, show team info, use known auditors and mitigation techniques. That said, they are still a newer project (founded ~2023) in a high-risk category (derivative strategies on crypto, yield generation). So:
-
If you are considering using it: treat it as higher risk than, say, a top-tier plain-staking protocol. Understand what you’re investing in, and only with funds you can afford to lose.
https://app.hyperliquid.xyz/join/KRIS85
What is Hyperliquid
- Hyperliquid is a decentralized trading platform built on its own Layer-1 blockchain (often referenced as HyperEVM) designed for high-speed, on-chain order-book trading.
- It specialises in perpetual futures and derivatives trading (in addition to spot trading) with features often associated with centralised exchanges (CEXs) but run in a decentralised manner.
- Key features include:
- A fully on-chain order book (not just AMM pools) which means trades, cancels, orders are visible on-chain.
- Very low latency / high throughput blockchain architecture aimed at trading use-cases.
- Gas-free or very low-gas experience for traders (depending on what you do) in some promotional or claimed cases.
- Compared to many DEXs which rely on AMMs (automated market makers) and can suffer from slippage, illiquidity, or hidden matching delays, Hyperliquid claims to combine “CEX-like” performance with DeFi attributes (transparent, on-chain, self-custody).
- Because it’s its own chain, in theory you get higher throughput and speed vs building on slower L1s/L2s — useful for derivatives where seconds matter.
- For builders: since it’s EVM-compatible and built for trading/finance use-cases, you may see it attract ecosystem projects around derivatives, on-chain finance, etc.
Recent Comments