what's Nest Exchange?
Nest Exchange is the pioneering native decentralized exchange (DEX) built on HyperEVM, tailored for the Hyperliquid ecosystem. It facilitates efficient on-chain trading with a focus on value amplification, enabling users to engage in swaps and liquidity provision while benefiting from innovative reward mechanisms that go beyond standard fee sharing. At its core, Nest Exchange features a unique engine that transforms trading fees into MEGAHYPE tokens, providing participants with leveraged exposure to the broader Hyperliquid network. This system promotes ecosystem growth by converting fees into assets that capture and multiply value, encouraging deeper integration and participation in HyperEVM-based DeFi activities.
Nest Exchange discussed Prism pass and the exchange with Delpho Labs in a recent interview.
Links
x.com/nestexchangeParticipated in a live discussion or interview with Delpho Labs covering Prism pass and the exchange.
Achieved LP APRs of 348% for HYPE/USDT, 4.2% for HYPE/kHYPE, 43% for USDH/USDT0, and 2490% for KNTQ/HYPE pairs.
$HAR liquidity pools launch on the platform with added incentives and partner points following the Harmonix TGE on the 18th.
Partnership with Steer confirmed, with experienced LPs, funds, and prop traders utilizing Steer's technology on the platform.
Today is voting day with a 23UTC deadline for veNEST voting power allocation.
Achieves first $10 million TVL milestone and surpasses Ramses protocol.
40% of genesis veNEST was airdropped to The HYPE Engine to accumulate HYPE tokens through HyperEVM economic activity.
Operates in Epoch 0 soft liquidity launch without LP rewards; NEST rewards stream to LPs in Epoch 1 and Epoch 0 fees distribute to veNEST voters.
Announces gift for veFNX holders from Fenix Finance protocol.
TGE launches today on HyperEVM platform.
Completes three audits and announces imminent launch with Native Markets USDH partnership, offering largest NEST rewards to early LPs and additional benefits for HYPE Engine Vault depositors.
Introduces HYPE Engine Vault with automated voting that compounds rewards into veNEST while distributing MEGAHYPE, with a 6-month maximum lock period for the non-rebasing tokenomics system.
Partners with nativemarkets to integrate USDH as native stablecoin, with trading fees accumulating HYPE for treasury and voters receiving $MEGAHYPE token with leveraged HYPE exposure.
Announces community round for token sale participation.
DEX implements ve(3,3) mechanism with treasury token MEGAHYPE, featuring revenue sharing and perp listing capabilities.