Monetrix: Transparent, On-Chain Yield via Hyperliquid

Monetrix is revolutionizing how users capture value from the perpetual futures market. While traditional yield strategies often rely on centralized exchanges (CEXs) and carry hidden custody risks, Monetrix operates entirely on-chain. Built by the experienced team behind Hybra Finance and led by @leo_build_hl, Monetrix leverages Hyperliquid—the leading decentralized derivatives layer—to generate sustainable returns.

By depositing USDC, users receive $USDM, a synthetic dollar backed by delta-neutral positions, funding rates, and maker rebates. Unlike centralized alternatives, every hedge and rebalance on Monetrix is 100% verifiable on the blockchain.

Why Choose Monetrix?

• Eliminate CEX Risk: No more worrying about exchange-specific oracle failures or internal liquidity crises. All operations happen on-chain via HyperEVM.
• Passive Compounding: Through sUSDM (an ERC-4626 token), yield is automatically reflected in the token’s value. There is no need to manually claim or restake.
• Institutional Strategy for Everyone: Access complex funding rate arbitrage and spot lending yields that were previously only available to professional market makers.
• Proven Security: The protocol has undergone public auditing by Code4rena, resulting in zero high or critical vulnerabilities.

The Monetrix Ecosystem & Rewards

Monetrix values early participants through its “Gems” program and passive yield accruing. Users can earn “Gems” which represent their contribution to the protocol’s liquidity.

Note: Withdrawals stay flexible but are subject to a 3-day queue to ensure protocol stability.

Step-by-Step Guide to the Monetrix Airdrop & Yield Program

1. Connect to Monetrix: Visit the Monetrix App, connect your EVM-compatible wallet, and switch your network to HyperEVM.
2. Obtain USDC on HyperEVM: You can withdraw USDC directly from supported exchanges to your HyperEVM address or use a bridge like Rhino.fi to move assets from other chains.
3. Complete Signal Missions: Navigate to the “Signal” section. Complete the social tasks to claim your Pioneer SBT, which unlocks Genesis access to the platform.
4. Mint and Stake:
   • Deposit your USDC into the vault to mint $USDM.
   • Stake your $USDM to receive sUSDM.
5. Farm Gems and Yield: Once you hold sUSDM, your yield begins accruing immediately through the exchange rate. Simultaneously, you will begin accumulating Gems on the dashboard.
6. Maximize Gains: Share your referral link with your network to earn an additional 10% bonus on the Gems they collect.

To stay updated on the latest developments and governance, follow the team on X (Twitter) and engage with the community on their official channels.

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