HyENA Points Calculator & Airdrop Estimator
BPoints liveHyperliquid (HIP-3) • Weekly points → Ethena Points • USDe-margined HIP-3 venue that pays into the Ethena point stack
Est. FDV
$150.0M
Airdrop Share
5%
Taker / Maker Fee
5 / 1.67 bps
24h Volume
Live feed
Active Season on HyENA: Weekly points → Ethena Points.
FDV: $150.0MAirdrop: 5%Taker: 5 bps
Quick select:
Valuation Scenario
⚙️ Custom FDV & Allocation Settings
Expected Value * Base (1.0x)5% pool
$75
-$75 Net (-50.0% ROI)0.50× Multiple
0.0010% of a $7.5M reward pool at $150.0M FDV * 5% allocation.
Cost / Point
$0.01500
Value / Point
$0.00750
Your Pool Share
0.0010%
Break-Even Points
20,000
Strategy Assessment
Underwater on fees in the base case. Consider pausing, using maker limit orders for rebates, or farming only if you strongly believe in a bull scenario.
Valuation Sensitivity Matrix
Estimated airdrop payout across different FDVs and Community Allocation percentages. Click any cell to test.
| Projected FDV | 5% Allocation | 10% Allocation | 15% Allocation | 20% Allocation | 30% Allocation |
|---|---|---|---|---|---|
| $50.0M | |||||
| $150.0M | |||||
| $300.0M | |||||
| $750.0M | |||||
| $2.00B |
Points FAQ
HyENA Farming & Calculation FAQ
How does the HyENA points calculator work?+
The calculator models your points share against the estimated total points pool, projected fully diluted valuation ($150.0M), and community airdrop allocation (5%). It estimates net USD profit, per-point dollar value, and volume fee breakeven.
When is the HyENA token generation event (TGE)?+
No HyENA token — points roll into Ethena. 24-epoch clock implies end around mid/late 2026. Current stage: Weekly points → Ethena Points.
What trading fees apply when farming volume on HyENA?+
Baseline taker fee is 5 bps, with maker fee at 1.67 bps on Hyperliquid (HIP-3). Use the Volume Simulator tab above to project exact fee drag and net ROI per $100k traded.
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Simulate point values, dilution, and fee breakeven for other live farming programs
