@NestExchange

nest

Nest is a MetaDEX and liquidity protocol built on Hyperliquid's HyperEVM, launched in mid-2025. The project has a working mainnet product with ~$68k weekly NEST token rewards for LPs, features a ve-tokenomics model where 100% of fees flow to token lockers, and recently announced the largest $HYPE airdrop in HyperEVM history. While engagement is modest (~34 avg), the project shows real activity with epoch-based emissions, multiple pool integrations (kHYPE, KNTQ, HPL), and growing TVL/volume metrics.

𝕏 @NestExchange ↗ usenest.xyzDeFipromising

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AI Analysispromising

Confidence

78%

Nest is a MetaDEX and liquidity protocol built on Hyperliquid's HyperEVM, launched in mid-2025.

The project has a working mainnet product with ~$68k weekly NEST token rewards for LPs, features a ve-tokenomics model where 100% of fees flow to token lockers, and recently announced the largest $HYPE airdrop in HyperEVM history.

While engagement is modest (~34 avg), the project shows real activity with epoch-based emissions, multiple pool integrations (kHYPE, KNTQ, HPL), and growing TVL/volume metrics.

Green flags: Working mainnet product with live liquidity pools and measurable activity ($225k 24h volume on KNTQ pools) · Real tokenomics: 100% fee sharing to veNEST lockers, 82% of supply locked, transparent weekly rewards ($68k-$65k per epoch) · Small but engaged community (3.5k followers, <1 year old account) with substance behind it · Strategic positioning as 'HYPE-aligned' within the emerging HyperEVM ecosystem · Concrete partnerships and integrations (HyperLend HPL, multiple token pools) rather than vaporware

Red flags: Relatively low engagement (avg 34) despite weekly announcements suggests limited organic traction · Heavy reliance on NEST token incentives to attract liquidity (classic LP farming playbook) · HyperEVM ecosystem is still nascent; project's success tied to broader Hyperliquid adoption

Token

$NEST

Chain

Hyperliquid HyperEVM

Stage

mainnet+live