How to Use Hyperswap: A Step-by-Step Guide to Swaps and Yield Farming

Hyperswap is a decentralized exchange (DEX) built on the HyperEVM blockchain, offering fast, low-cost token swaps and yield farming opportunities. Whether you're new to DeFi or a seasoned trader, this guide will walk you through how to use Hyperswap for swapping tokens and earning passive income through liquidity farming.

🔁 Step 1: Connect Your Wallet

Before you can trade or farm on Hyperswap, you’ll need to connect a compatible wallet:

• Supported wallets include MetaMask, Rabby, and WalletConnect-enabled apps.

• Make sure your wallet is set to the HyperEVM network. You can add it manually or use the prompt on hyperswap.exchange to configure it automatically.

💱 Step 2: Swap Tokens

Once your wallet is connected:

1. Navigate to the Swap tab.

2. Select the token you want to swap from and the token you want to receive.

3. Enter the amount and review the estimated output, slippage tolerance, and fees.

4. Click Swap and confirm the transaction in your wallet.

✅ Tip: Use stablecoin pairs like USDT/HYPER for minimal slippage and fast execution.

💧 Step 3: Provide Liquidity

To earn trading fees and farming rewards:

1. Go to the Liquidity section.

2. Choose a token pair and click Add Liquidity.

3. Enter equal values of both tokens and approve them if needed.

4. Confirm the transaction to receive LP tokens, which represent your share in the pool.

These LP tokens are your ticket to yield farming.

🌾 Step 4: Stake LP Tokens for Yield Farming

To earn rewards:

1. Visit the Farms tab.

2. Select a pool that matches your LP tokens.

3. Click Stake, enter the amount, and confirm the transaction.

4. Monitor your rewards in real time and harvest them when ready.

Rewards are typically paid in $SWAP or other HyperEVM-native tokens.

📊 Step 5: Track Performance

Use the Analytics dashboard to monitor:

• Pool liquidity and volume

• Your farming APY

• Token price trends

• Historical performance

This helps you make informed decisions and optimize your yield strategy.

🧠 Best Practices

• Use a burner wallet for testing new dApps

• Revoke unused approvals regularly via Revoke.cash

• Monitor gas fees on HyperEVM for optimal timing

• Diversify your LP positions to reduce risk

• Stay updated via Hyperswap’s official channels for new pools and incentives

❓ Frequently Asked Questions (FAQs)

Q1: Is Hyperswap safe to use?

A: Yes. Hyperswap uses audited smart contracts and operates on the secure HyperEVM blockchain. Always verify URLs and contract addresses.

Q2: What tokens can I swap?

A: Hyperswap supports HyperEVM-native tokens, stablecoins, and emerging assets. The list is growing as the ecosystem expands.

Q3: How are farming rewards calculated?

A: Rewards are based on pool performance, trading volume, and your share of liquidity. APY is updated dynamically.

Q4: Can I unstake anytime?

A: Yes. You can unstake LP tokens and withdraw liquidity at any time without penalties.

Q5: What’s the official Hyperswap site?

A: Always use https://hyperswap.exchange to avoid phishing scams.

Hyperswap makes DeFi simple, fast, and rewarding on HyperEVM. Whether you're swapping tokens or farming yields, this platform offers the tools to grow your portfolio securely and efficiently.

Ready to dive in? Start trading and farming at https://hyperswap.exchange.