Tread.fi
BMulti-chain · Season 1.5
Algo terminal — farm Tread points across HL, Paradex, Pacifica and more
Playable. Size it below your top-tier venues.
Compare venues
Side-by-side comparison of perp DEX airdrop venues using DefiTier’s proprietary tier-ranking engine and live market feeds.
Hyperliquid
SHyperliquid L1 · HIP-3 & Ecosystem
Tier S flagship: deepest on-chain liquidity, 0.015%/0.045% base fees and HIP-3 builder ecosystem
Best risk-adjusted farm right now: a large pool, an early entry point, and not much volume competing yet.
44
Farm score
99
$12.4M est.
Volume 24h
$9.49B
n/a
Open interest
$13.74B
—
OI Δ7d
+9.4%
—
Turnover
0.7x
0%/0%
M / T
0.015%/0.045%
22%
Program window
Open
$30.0M
Reward pool est.
$4.65B
$0
Fee / $100k RT
$90
15%
Allocation
31%
Higher farm score right now: Hyperliquid (99/100). Volume is highlighted for the less crowded book — lower competing volume usually means more of the pool per dollar you trade.
FAQ
Compare questions
Which column matters most?+
Farm score already packs the trade-offs into one number. Use the row-by-row view when two scores are close and you want to see whether the edge is reward density, a quieter book, cheaper fees or an earlier program window.
Why is lower volume highlighted as better?+
Because you compete with that volume for a fixed reward pool. A quieter venue with a similar pool usually pays more per dollar of your volume — unless the quietness means the token will never launch, which is why credibility still carries weight in the score.