BASIS FARMING - Everyone's doing it. Why should you care and what is it? Simply put: long position in the spot market while simultaneously opening a short position on perpetual decentralized exchanges. This allows the protocol to capture funding fee premiums while maintaining market neutrality. FREE MONEY. Here's something that tells you about the 3 recent ones that you haven't heard about. #1 - @BasisOS aka $BIOS What is it: It's a agent that has done quite well since launch. @NumaPumpilius is the founder. It handles basis trading strategies on Hyperliquid to deliver best-in-class real yields and liquidity rewards, specifically targeting long-tail assets. Why am I bullish on it: - Virtuals eco - website looks extremely clean (color scheme, animations) - lots of ways to get your $BIOS tokens if you're a content creator - @grafana dashboard live and showing what the strategies are What to do: Mention $BIOS in your tweets and cover it, and also deposit some USDC on Arbitrum to farm it. Be aware there's about 1% fees on exiting and entering, so please be sure you're in this for the long haul, even if it is risky. #2: @liminalmoney on Hyperliquid What is it: - Basis trade protocol native to HyperEVM. - Currently closed beta, every 2500 deposited you get an invite. Max deposit per wallet is 25k. - Currently at 800k TVL - Can fund from both perps on HL and EVM and something else. Why I am bullish on it: Looks competent, UI is good, always good to be among the first in a protocol like this What to do: Beg for an invite if you can (not me, I don't have much stables to get 2500 usd in it lol), or just wait until they get out of beta, shouldn't be too long. #3- @yieldbasis by @vasily_sumanov What is it: It's an alleged revolution of BTC yield with impermanent loss protection, deep liquidity pools, and a value-protecting $YB token. LPs earn 9-60% APR, choose BTC yield or YB emissions, and benefit from governance and fee-sharing, enhancing DeFi efficiency. What to do: Notifications on, I guess, and follow them? IDK. Not much going on right now. Why I am bullish on it: Curve Cofounder @newmichwill is one of the cofounders of it, it might be a banger, might also be a nothingburger. But worth participating in I think. Worth having eyes on most definitely.