Reference sourceSMooTH
Compiled by Odaily Planet Daily Golem ( @web3_golem )
Editors note: Since Hyperliquid launched HyperEVM, its ecosystem has grown rapidly, with DeFi, GameFi and other projects emerging one after another. SMooTH has taken stock of the GameFi and SocialFi projects in Hyperliquid that are still in the early stages, and classified them according to factors such as project development progress, influence, and product quality. Odaily will provide additional information on these early projects in this article for readers reference.
A-level GameFi project
These are projects that show real potential. Maybe they’re still in the early stages or missing a feature or two, but the vision is there and the execution is strong. With a little more polish (or a large player base), they could grow quickly.
808 FLIP: NFT-based coin tossing game with revenue sharing
808 FLIP allows users to play coin tossing games on the chain. Players can bet any amount of HYPE for heads or tails each time, and then click Flip to view the results. At the same time, they can get a share of the revenue by holding the official NFT. On July 3, the project completed the second round of revenue distribution. The game combines the classic guessing mechanism with the Web3 incentive mechanism to provide simple gameplay and platform revenue sharing. However, the following regions are not allowed to play on 808 Flip: Australia, Aruba, Bonaire, Curacao, France, the Netherlands, Saba, Spain, Stark, St. Martin, the United Kingdom, and the United States.
808 Flip currently also has a points and rebate system online, where referrals can earn 10% points and transaction fees from their friends.
Genesy: A P2E strategy game built around optimized stakes
Genesy is a P2E strategy game on the Hyperliquid platform. Players can improve the productivity of GENESY tokens by upgrading and optimizing their Genesy Chips, which are composed of 9 customizable components. Therefore, the project can be simply understood as an on-chain mining project. When GENESY tokens are profitable, players are motivated to continuously upgrade the chips. However, it is still in its early stages and the chip upgrade function is not available.
30% of Genesy tokens will be produced by players, 7% will belong to the development fund, 7% will be allocated to strategic partners, 10% will be used as reserves, 10% will be allocated to the team, and 36% will be used for ecosystem growth.
Kittykingdom: An on-chain PvP adventure game using hero NFTs
Kittykingdom is a full-chain battle adventure game built on Hyperliquid. The game includes quests, PVP and PVE, and pets. Currently, the game has a total of 20,000 hero NFTs, each priced at $100. Only by purchasing a hero can you start the game. The official will use 50% of the funds from the sale of heroes to repurchase KITTY tokens, 20% for game development, 10% as game rewards, 10% for airdrops, and 10% as invitation rewards. But so far, only 59 NFTs have been sold in the game.
KITTY is the governance token of the game, with a total supply of 100 million. The team retains 20%, and the remaining 80% has been launched through hypurr.fun fair launch and won the Hyperliquid spot auction on April 14, 2025. Gold is the utility token in the game, all generated through PVP games, with a total supply of 1 billion.
The economic cycle of the game is as follows:
B-level GameFi projects
These projects are either not officially launched yet or are in development difficulties, but they have great potential if they can complete beta testing.
Yolo.ex: Sci-fi adventure game combined with real DeFi transactions
Yolo.ex integrates the game storyline and trading strategy into a future world, where players make real on-chain transactions in 3D games, and players trading decisions will affect the development of the plot. The game is built on Hyperliquid and has been launched in an early access version on Epic Games.
Vegas: A crypto poker platform without dealer commissions
Vegas is a decentralized Texas Holdem game running on Hyperliquid, currently in Beta testing. It supports tournaments and sports betting, featuring real stakes, fair competition, and on-chain transparency. According to the official announcement, the game will be tested for the first time on July 11 and July 12.
However, Vegas does not use HYPE or stablecoins as gambling funds, but its platform currency VEGAS. The token has been listed on the Hyperliquid spot market with a market value of US$4.86 million.
Moon: Galaxy Exploration Game (not yet launched)
Moon is a space-themed game in early development. Although still in pre-release, it heralds the advent of immersive on-chain galaxy exploration games on Hyperliquid. Each Moon is an NFT that players can obtain through exploration or purchase on the secondary market through the NFT marketplace. The scarcity of Moon determines the rarity and value of its resources.
Horsy.games: A combination of NFT horse racing and on-chain DeFi
Horsy.games is an on-chain horse racing game where players can buy, sell and race NFT horses. It successfully combines guessing, staking and trading functions through the HORSY token and the USDC liquidity pool, similar to Zed Run, but the difference is that Horsy.games is native to HyperLiquid.
The HORSY token was launched on HyperEVM on June 25, and according to dexscreener data, its current market value is $983,000.
Chain Tactics: A 1v1 chess-like strategy game
Chain Tactics combines tactical RPG elements and chess-style combat in a 1v1 mode. The game is being developed by Sovrun (formerly BreederDAO) and is reportedly still in production (the last X-platform activity was posted on February 5, 2025).
SocialFi Project on HyperLiquid (Level B)
These apps are experimenting with new ways to engage users, motivate followers, and build community infrastructure. It’s early days, but ideas are emerging.
HyperRaid: Raid-to-earn mode
HyperRaid rewards users for completing social and on-chain tasks for supported ecosystem projects, gamifying tasks, prize draws, and whitelists into a community-driven growth engine. Currently, 13 projects have published social tasks on HyperRaid.
Fan App: A Crypto-Native Creator-Fan Platform
The Fan App helps creators share research, alpha, and insights with the community. Community members gain access via Creator Keys - a permissionless way to monetize valuable information directly on Hyperliquid.
Summarize
Although HyperLiquid was created for trading, this has not stopped developers from being creative. From RPG games that incorporate DeFi elements to creator monetization applications, the ecosystem has demonstrated diversity beyond market and analyst research.
While most of these projects are still in their early stages, some are already live and growing. Regardless, this shows that Hyperliquid is much more than just a perpetual contract liquidity pool.
