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Tag: HyperEVM
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| # | Activity | Overview | Requirements | Reward | Deadline | Source |
|---|---|---|---|---|---|---|
| 01 | Backtrade: 1000x leverage perps on HyperEVM, waitlist open | Backtrade is building a perpetuals venue on HyperEVM covering only BTC and ETH, advertising leverage up to 1000x, execution at the Hyperliquid mid-price with the protocol LP as counterparty, and no spread, slippage or funding fees. Only an early waitlist is open for now. | Join the waitlist. No deposit is needed at this stage. | Early access. The $BACK token has an unusual mint mechanic: it is minted when traders close at a loss or get liquidated, at 100 BACK per dollar lost while the LP holds under 500,000 dollars, and staked BACK shares platform fees and excess LP returns paid in USDC. | Open-ended Ongoing This is the riskiest entry in the batch, and three things matter. At 1000x lever… | official channel |