Hyperliquid Review: The Best Beginner-Friendly DEX for Perpetual Trading & Airdrops

If you are a crypto beginner looking for a fast, safe, and easy-to-use trading platform, Hyperliquid is one of the most important decentralized exchanges (DEXs) you should know in 2025.

👉 Start trading on Hyperliquid here

Hyperliquid combines the speed and UI of a centralized exchange (CEX) with the self-custody and transparency of DeFi. Even if you have never used a DEX before, Hyperliquid feels surprisingly familiar.

In this guide, you will learn:

• What Hyperliquid is and why it is different
• Why its UI/UX is perfect for beginners
• How to qualify for future airdrops
• Step-by-step trading tutorial
• How to use a CEX long + DEX short hedging strategy
• Comparison with Bybit and MEXC

What Is Hyperliquid?

Hyperliquid is a decentralized perpetual futures exchange built on its own Layer-1 blockchain.

Unlike most DEXs that rely on Ethereum and suffer from high gas fees and slow transactions, Hyperliquid offers:

• ✅ Zero gas fees
• ✅ Sub-second trade execution
• ✅ On-chain order book (not AMM)
• ✅ No KYC, no account registration
• ✅ Full self-custody

This means your funds always stay in your own wallet, not on the exchange.

👉 Official platform:
https://app.hyperliquid.xyz

Why Hyperliquid Is Perfect for Crypto Beginners (UI / UX)

One of Hyperliquid’s biggest strengths is its CEX-like UI/UX.

If you have ever used platforms like:

• Bybit
• Binance
• MEXC

You will instantly feel comfortable.

Beginner-Friendly Features

• 📊 Real-time TradingView charts
• 📘 Clear order book and depth
• 🎯 One-click long / short buttons
• ⚡ Instant order execution
• 📈 Easy-to-read PnL & liquidation price

Unlike many DeFi platforms, you don’t need to understand gas fees, wallets, or complex DeFi mechanics to start.

This is exactly why Hyperliquid is growing so fast among new traders.

Hyperliquid Airdrop: How to Maximize Your Chances

Hyperliquid already launched a massive HYPE token airdrop, distributing tokens to over 90,000 early users.

More importantly, a large portion of the token supply is still reserved for future rewards.

How Airdrops Work on Hyperliquid

Hyperliquid uses a points-based system that rewards:

• Trading activity
• Volume
• Referrals
• Vault participation

How to Earn More Points

1. Trade regularly
   Open long and short positions consistently (even small size).
2. Increase trading volume
   Points scale with volume, not just frequency.
3. Use referrals
   Share your referral link and earn bonus points.
4. Use multiple features
   • Perpetual trading
   • Copy trading vaults
   • Liquidity vaults

👉 The easiest way to start earning points:
https://app.hyperliquid.xyz/join/COINFLIPPER

⚠️ No airdrop is guaranteed, but active and consistent users have the highest probability.

Step-by-Step Tutorial: How to Trade on Hyperliquid

Step 1: Join Hyperliquid

Use the affiliate link below to start:

👉 https://app.hyperliquid.xyz/join/COINFLIPPER

(No email, no password, no KYC)

Step 2: Connect Your Wallet

Hyperliquid supports:

• MetaMask
• WalletConnect

Click “Connect Wallet” and approve.

Step 3: Deposit USDC

Hyperliquid uses USDC on Arbitrum.

You can:

• Bridge USDC from Ethereum
• Withdraw USDC from a CEX (Bybit / MEXC) to Arbitrum

Then click Deposit inside Hyperliquid.

Step 4: Open a Trade (Long / Short)

1. Select a market (BTC, ETH, SOL, etc.)
2. Choose Market or Limit
3. Set leverage (up to 50x)
4. Click Long or Short

Your position appears instantly.

Advanced Strategy: Long on CEX, Short on Hyperliquid (Hedging)

One powerful strategy is CEX–DEX hedging.

Example Strategy

• 🔵 Go Long on a CEX (Bybit or MEXC)
• 🔴 Go Short on Hyperliquid

This allows you to:

• Hedge price risk
• Earn funding rate differences
• Reduce exposure during high volatility

Why This Works

• CEXs and DEXs often have different funding rates
• Price discrepancies create arbitrage opportunities
• Losses on one side are offset by gains on the other

Recommended CEXs

• Bybit Review:
  https://coinfrontier.guide/articles/bybit
• MEXC Review:
  https://coinfrontier.guide/articles/mexc

This strategy is popular among professional traders, but Hyperliquid makes it accessible even for beginners.

Hyperliquid vs Bybit vs MEXC

Final Thoughts: Is Hyperliquid Worth Using?

If you are:

• New to crypto trading
• Interested in airdrops
• Looking for CEX-like UI without KYC
• Wanting to learn DEX trading safely

👉 Hyperliquid is one of the best platforms you can start with.

Start here:
🔗 https://app.hyperliquid.xyz/join/COINFLIPPER

Disclaimer

This article is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies involves risk.