Hello Lions!
Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, just dropped one of the boldest theses of 2025:
👉 The stablecoin market will explode to $10 trillion by 2028.
👉 Hyperliquid will become the true “Decentralized Binance”, capturing massive market share.
👉 And its token, HYPE, could rally 126x from current levels.
Let’s break down why Hayes thinks the next crypto mega-cycle could be built on stablecoins — and why Hyperliquid might be at the center of it.
💸 Stablecoins: The $10 Trillion Trojan Horse
In many countries, fiat currencies are bleeding value at record speed. For millions of people, stablecoins are becoming the go-to way to protect savings.
But here’s the kicker: once people hold stablecoins, that liquidity naturally flows back into crypto protocols — searching for yield, leverage, or better opportunities.
For Hayes, this transition is not just logical… it’s inevitable.
🏦 Hyperliquid: The “Decentralized Binance”
Among all protocols, Hayes singles out Hyperliquid as the one poised to dominate.
- A fully on-chain DEX with both spot and perpetual markets.
- Transparent, censorship-resistant, and scalable.
- Positioned to eat into Binance’s market share as trust in centralized exchanges fades.
Hayes literally calls it the “Decentralized Binance” — a title that, if fulfilled, could make Hyperliquid the backbone of crypto trading in the next cycle.
📈 The Math Behind the 126x Rally
Hayes doesn’t stop at narratives. He brings hard numbers:
- By 2028, stablecoins hit $10T.
- Binance today trades 26.4% of stablecoin supply daily.
- Apply that ratio to Hyperliquid → $2.6T in daily volume.
- At 0.03% average fees → $258B annual revenue.
- Discount future flows at 5% → $5.16T valuation.
Result? A potential 126x increase from today’s HYPE price, targeting $5,540 per token.
🤔 Crystal Ball or Inevitable Future?
Of course, we’re still looking into a crystal ball here. A 126x rally sounds insane today.
But ask yourself this:
- Will stablecoins keep replacing fiat as savings tools?
- Will users continue migrating to decentralized exchanges they can actually trust?
🔥 16 AIRDROPS I'M FARMING NOW: 🔥
1. GRASS - (DePIN/AI)
Grass lets you earn passively by sharing your unused internet. Farm Grass Points through the browser extension, desktop app (2× rewards), or smartphone app (3× rewards). Grass Points will be converted into $GRASS tokens at the end of the season!
👉 Farm Grass airdrop now: https://app.grass.io/register?referralCode=lNAoYuHQUPN22mF
2. DATAGRAM — (DePIN/Layer-1)
Datagram is building the first real-time, AI-optimized Layer-1 network for video calls, gaming, messaging, and edge compute — all fully decentralized and without servers. By joining their Alpha Testnet, you contribute compute and bandwidth through your node and earn points that will be converted into Datagram tokens after TGE and listing! We're very early here!
👉 Farm Datagram airdrop now: https://dashboard.datagram.network?ref=930108937
🧩 Install the Desktop App from the dashboard and let it run in the background to accumulate Datagram Points!
💡 Claim your role here to secure your 'Early Alpha Tester Role': https://docs.google.com/forms/d/e/1FAIpQLSevC3QjAx4xdNysKoRtCSR_5cAUtVBhoNu3XoCrQBIOYVQN8A/viewform
3. GRIFFIN.AI — (AI agents/DeFi Engage-to-Earn)
Griffin.AI lets you create and use AI agents for DeFi without coding. Earn XP daily through check-ins, chat with AI, voting on news, creating agents, and referrals. Reaching certain ranks unlocks exclusive Soulbound Signature NFTs, which may be required for airdrop eligibility. Farm it now — early users will be best positioned for massive rewards after TGE!
👉 Farm Gradient airdrop now: https://app.griffinai.io/en/auth/sign-up?gref=Y4UaS7vG
4. GRADIENT — (DePIN/AI)
Help build a smarter AI — and get paid for it. Gradient uses your bandwidth to fuel a decentralized AI chatbot, rewarding you through a lightweight node that runs quietly in the background. Gradient Points will be converted into Gradient tokens after TGE and listing.
👉 Farm Gradient airdrop now: https://app.gradient.network/signup?code=1NB7OT
🧩 Install the browser extension: https://chromewebstore.google.com/detail/gradient-sentry-node/caacbgbklghmpodbdafajbgdnegacfmo
5. TENEO — (DePIN/AI)
Teneo lets you earn passively with a lightweight browser extension that hosts an Autonomous AI Agent powering a decentralized AI network. Just reconnect the extension after restarting your PC to keep earning Teneo Points, which will be convert into tokens at TGE!
👉 Farm Teneo airdrop now: https://dashboard.teneo.pro/auth/signup?referralCode=tNwVw
🧩 Install the extension: https://chromewebstore.google.com/detail/teneo-community-node/emcclcoaglgcpoognfiggmhnhgabppkm
6. BLESS — (DePIN/AI)
Bless is a decentralized edge compute network offering on-demand CPU and GPU resources close to users, powering AI, machine learning, and advanced data tools. Developers benefit from ultra-low latency and low costs, while you can run a node with spare resources to support the network—and earn Bless Points, that will be converted into Bless tokens after TGE and listing.
👉 Farm Bless airdrop now: https://bless.network/dashboard?ref=ODN30M
🧩 Install the extension: https://chromewebstore.google.com/detail/bless/pljbjcehnhcnofmkdbjolghdcjnmekia
7. 3DOS — (DePIN/OS)
3DOS is creating the world’s first decentralized OS for Web3, mapping global manufacturing capacity to power a massive network. Run their browser node, stay online, and earn $3DOS tokens on the SUI blockchain. 3DOS points will be converted into tokens after TGE and listing.
👉 Farm 3DOS airdrop now: https://dashboard.3dos.io/register?ref_code=f00654
🧩 Download the extension: https://chrome.google.com/webstore/detail/3dos-network/lpindahibbkakkdjifonckbhopdoaooe
🔗 Copy your key from the dashboard, paste it into the extension, start the node, and watch your rewards grow!
8. DISTRIBUTE.AI — (DePIN/AI)
Distribute.AI turns your unused computing power into passive income by connecting providers to a decentralized network powering real-time AI and data processing. Run the node, stay online, and earn Distribute.AI Points while helping build the future of AI! Points will be converted into tokens after TGE and listing.
👉 Farm Distribute.AI airdrop now: https://r.distribute.ai/4e3fed47866e8a8d
🧩 Install the extension: https://chromewebstore.google.com/detail/distributeai/knhbjeinoabfecakfppapfgdhcpnekmm
9. LAYEREDGE — (DePIN/AI)
LayerEdge is building a decentralized edge network for AI and compute tasks. Install their lightweight node and get rewarded while helping power the next-generation web — a Bitcoin-backed internet. Use my referral code: ucJSg6vF to access the dashboard and start earning! LayerEdge Points will be converted into $EDGEN tokens at the end of the season.
👉 Farm LayerEdge airdrop now: https://layeredge.io/
🔑 Copy and paste the referral code: ucJSg6vF
🧩 Download the extension: https://chromewebstore.google.com/detail/edgenos-light-node-layere/fnjlbckpopjmpgkjgoiegmnnhahegbcb
🔗 Copy your key from the dashboard, paste it into the extension, start the node, and watch your rewards grow!
10. KAISAR — (DePIN/AI)
ZeroNode by Kaisar transforms your browser into a decentralized AI node, allowing you to passively earn crypto rewards by contributing to Kaisar’s global compute infrastructure. Lightweight, fully automated, and beginner-friendly — this is another passive gem to farm early! Points will be converted into tokens after TGE and listing.
👉 Farm Kaisar airdrop now: https://zero.kaisar.io/register?ref=yRbIam311
11. NODEPAY — (DePIN/AI)
NodePay lets you earn passive income by running a lightweight node (browser extension) that supports decentralized AI and data networks. Nodepay Points will be converted into $NC tokens at the end of the season!
👉 Farm NodePay airdrop now: https://app.nodepay.ai/register?ref=FUoRbVFjumnJPMo
🧩 Install the extension: https://chromewebstore.google.com/detail/nodepay-extension/lgmpfmgeabnnlemejacfljbmonaomfmm?hl=en
12. NODEGO — (DePIN/AI)
NodeGo lets you earn by sharing your unused computing power to support AI and high-performance tasks in a decentralized network. NodeGo Points will be converted into $GO tokens at the end of the season.
👉 Farm NodeGo airdrop now: https://app.nodego.ai/r/NODEC865A0BE655C
🧩 Install the extension: https://chrome.google.com/webstore/detail/nodegoai-depin-connect/jbmdcnidiaknboflpljihfnbonjgegah
13. NAORIS — (DePIN/AI)
Naoris Protocol is a decentralized security platform that turns your device into an active validation node via a browser extension, protecting your browsing from malware, intrusive ads, and trackers. By joining the testnet, you earn points that will be converted into $NAORIS tokens after TGE and listing.
🧩 Install Wallet Extension: https://chromewebstore.google.com/detail/naoris-protocol-wallet/dbgibbbeebmbmmhmebogidfbfehejgfo
🧩 Install Security Node Extension: https://chromewebstore.google.com/detail/naoris-protocol-browser-s/cpikalnagknmlfhnilhfelifgbollmmp
📌 Copy and paste the referral code: RXpwS6JjNNVQ5PNw
14. OPENLOOP — (DePIN/AI)
OpenLoop creates a secure and private environment for decentralized data sharing. Contribute with a browser node and passively farm Openloop Points that will be converted into tokens after TGE and listing.
👉 Farm Openloop airdrop now: https://openloop.so/auth/register?ref=ol7f6154ce
🧩 Install the extension: https://chrome.google.com/webstore/detail/openloopso-sentry-node-ex/effapmdildnpkiaeghlkicpfflpiambm
15. UPROCK — (DePIN/AI)
Earn $UPT in many different ways: sharing your unused internet from desktop app or smartphone, playing games and answering surveys! $UPT token listed.
👉 Start earning $UPT now: https://link.uprock.com/i/f38853d4
16. GATA — (Data Validation Agent)
GATA enables privacy-first data monetization through its DVA system. Run the Data Agent to earn points that will be converted into tokens after TGE and listing!
👉 Farm this airdrop now: https://app.gata.xyz?invite_code=gndp5r79
🔔 Never Miss a High-Potential Airdrop Again!
Join our Telegram community of airdrop hunters:
👉 https://t.me/Make_It_Real_FreeAirdrops
