I'll be honest, I'm not a big fan of Perpetual Decentralized Exchanges (Perp DEX). The principle of not truly owning the coins and the potential for significant losses can be quite daunting. However, I recently started using Hyperliquid, driven by the allure of potential airdrops.

As you probable know, airdrops are distributions of crypto to numerous wallet addresses, often for free or in exchange for a small service. They can be a lucrative opportunity for traders, and Hyperliquid's points system, which increases with active trading, can potentially lead to airdrops.

Despite my initial reservations, I found Hyperliquid's platform user-friendly and easy to navigate. The tools provided make it easier to manage trades and potentially benefit from price drops. However, it's important to remember that short selling, the strategy that I mostly used on Hyperliquid, is high-risk.

I've had my fair share of ups and downs, experiencing both losses and profits. But with a bit of strategy and patience, I've managed to end in the green. My most recent PNL showed a modest +$63 profit, a positive outcome considering where I started.

If you're considering dipping your toes into the world of Perp DEX, Hyperliquid is a platform worth considering. But remember, it's not without risks. You can lose all what you have if you use too much leverage. Personally I use a leverage of 3 max. Please also consider using stop loss. You need to be prepared to lose a bit of money before earning some... And rule number one: don't get emotionally attached to your coins. That's only about trading here, only profit matters.

And if you decide to give Hyperliquid a try, please consider using my referral link to get a discount on your trades. Who knows, with a bit of luck and a lot of strategy, you might end up with a profit too.

Referral Link: https://app.hyperliquid.xyz/join/CRYPTOFAB