Imagine a decentralized exchange that feels as responsive as the best Web2 app, charges pocket‑change fees, and quietly tracks points that may convert into an airdrop down the road. That, in a sentence, is Project X on Hyperliquid’s HyperEVM. In this guide you’ll learn how to move funds to HyperEVM, execute your first Project X swap tutorial, lock HYPE in a one‑click staking vault, and maximize the Project X Points program — all while staying safe and spending almost no gas.

What is Project X on Hyperliquid?

Project X is a community‑run DEX that forked Uniswap v4, tuned it for HyperEVM’s 50 ms finality, and stripped out the VC token allocations. Liquidity providers earn swap fees in PRJX, traders get near‑instant confirmations, and everyone accrues points that could unlock future rewards.

HyperEVM in 2 Minutes

HyperEVM is Hyperliquid’s EVM‑compatible layer that runs parallel to the native order‑book engine. A dual‑block design keeps gas predictable (fractions of a cent) while inheriting HyperBFT security from the main chain. For users that means:

• Seamless bridging ↔ Ethereum via official HyperEVM bridge (one sig, fifteen seconds).

• Shared liquidity with Hyperliquid’s perpetuals for deeper books.

• Native support in popular wallets like Rabby, Rainbow, and the Hyperliquid browser extension.

How the Project X Swap Works (Step‑by‑Step)

Below is the friction‑free route most traders follow:

1. Connect wallet → choose HyperEVM network or add the RPC in one click.

2. Select token pair (e.g. ETH → PRJX or USDC → kHYPE).

3. Set slippage — 0.3 % covers 99 % of trades thanks to deep pools.

4. Review fee tier — 0.05 % for blue‑chips, 0.3 % for long‑tail assets.

5. Confirm swap and sign. Funds land in ~0.05 seconds.

6. Earn points automatically; volume counts toward your weekly leaderboard.

Best Route Optimisation Tips

• Trade during UTC 13:00–18:00 when liquidity peaks.

• For size > $10 k enable “auto‑router” to split across pools.

• Holding kHYPE in wallet grants a 25 bp fee rebate.

• Use the limit‑swap toggle if you need granular control over entry price.

👉Swap now on the Project X Swap page

Liquid Staking — Passive Yield, Zero Gas

Instead of farming LP positions, most holders choose the in‑wallet stake PRJX flow:

• APR floats between 12–18 % depending on weekly volume.

• No lock‑up by default; committing to 30 days boosts yield by 1.4×.

• Gas is sponsored by the protocol, so staking costs literally 0 gwei.

Comparison vs competitors:

Risks & Smart‑Contract Audits

Smart contracts were audited twice—by Zellic (Dec 2024) and Spearbit (Mar 2025). No critical issues remain open. Slashing is impossible because the staking pool is non‑custodial: you always control your keys. Safe PRJX farming still requires diligence—keep seed phrases offline and verify contract addresses.

👉 Stake HYPE on the Project X Staking dashboard

Project X Points Program Explained

Every swap, stake, or liquidity add grants points. The formula is public:

points = volume_in_USD × action_multiplier × loyalty_factor

• Action multiplier: 1× for swaps, 2× for staking, 3× for referrals (enter a Project X invite code).

• Loyalty factor: grows linearly up to 1.5× after 30 consecutive active days.

• Weekly snapshots determine the leaderboard and seasonal rewards.

Snapshot & Upcoming Airdrop

The next Project X airdrop snapshot is tentatively set for Q4 2025. A precise block will be announced two weeks in advance. Until then, piling up points is the most reliable strategy. Internal models suggest that 10 k points could map to ≈200 PRJX tokens, but that ratio will tighten as participation grows.

👉 Track your score on the Project X Points tracker

Tutorial: Bridge → Swap → Stake → Farm Points

This condensed workflow gets newcomers from zero to staked PRJX in under five minutes.

1. Bridge funds: visit the HyperEVM bridge, send USDC from Ethereum; confirm arrival.

2. Swap: trade half your USDC into PRJX using the auto‑router.

3. Stake: hit “Stake” → “Max” → “Confirm”; check that stPRJX receipt shows up.

4. Boost: enter a referral to unlock the 3× multiplier.

5. Farm points: execute at least one swap per day to keep loyalty factor climbing.

6. Monitor: open the leaderboard to see your wallet climb the ranks.

Mobile vs Desktop UX

Desktop Chrome with the Hyperliquid extension offers the richest analytics. On mobile, Rabby and Rainbow handle swaps fine, but some staking graphs may not load. QR connect works flawlessly on both ends.

Tokenomics & Future Roadmap

PRJX has a fixed supply of 100 million:

• 65 % community incentives (swap mining, staking, points).

• 20 % ecosystem treasury (grants, audits, liquidity subsidies).

• 10 % team (3‑year linear unlock starting Jan 2026).

• 5 % strategic partners.

The Phase‑2 roadmap teases a HyperEVM aggregator that will route orders across every native DEX. Expect deeper liquidity and new fee tiers when that lands in 2026.

Security, Audits & Insurance Options

• Audits: Zellic & Spearbit reports are public; zero critical findings outstanding.

• Bug bounty: up to $250 k on Immunefi.

• Insurance: Nexus Mutual offers cover at 2.1 % APR for stPRJX deposits.

• Self‑custody: Ledger, Keystone, and Trezor T are fully supported.

FAQs

Q: Can I stake from a hardware wallet?
A: Yes — connect via Ledger Live or Trezor Suite and sign normally.

Q: What wallets work on mobile?
A: Rainbow, Rabby, and Hyperliquid’s in‑house wallet.

Q: Is there KYC?
A: None. The protocol is permissionless and front‑end is geofence‑free.

Q: How do I find the official HyperEVM RPC endpoint?
A: Click “Add network” inside the Project X UI; it autocompletes the endpoint.

Q: When will PRJX list on a CEX?
A: Liquidity discussions are ongoing; nothing is signed yet.

Q: Does staking reset my loyalty streak?
A: No, staking counts as an activity and actually prolongs it.

Q: Is APR fixed?
A: It flexes with volume; check the live gauge in the staking tab.

Q: What if I bridge the wrong token?
A: Use the HyperEVM asset recovery tool or open a Discord ticket.

Final Thoughts & Next Steps

Whether you’re after tighter spreads, passive yield, or a punt on the next big airdrop, Project X covers the bases. Gas is negligible, UX is polished, and the earn PRJX points loop gamifies everyday trading. Try a small swap, lock some tokens, and watch your wallet climb the leaderboard.

👉 Join Hyperliquid Discord & follow @prjx_hl for real‑time updates