Pear has launched a new campaign in partnership with Hyperliquid, called HyPear Points, where participants can farm points that will later be converted into $HYPE tokens. This initiative is running until October 2025 and, as of now, has very few participants, which could result in a less diluted reward distribution.
It’s also another way to interact with Hyperliquid, which could improve your eligibility for a potential future airdrop from the ecosystem.
Let’s explore what Pear is, how it works, and how to participate in the HyPear Points campaign.
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What Is Pear Protocol?
Pear is a decentralized trading platform focused on pair trading. It allows traders to simultaneously open long positions in one token and short positions in another—with up to 100x leverage—in a single transaction.
Instead of betting on the overall direction of the market, Pear enables you to profit from the relative performance between two tokens, helping hedge risk during volatility and reducing the likelihood of liquidations.
Main Purpose
Pear aims to make pair trading accessible and efficient, especially for market-neutral strategies or narrative-driven positions.
For example:
- If you believe BTC will outperform ETH, you can go long BTC / short ETH.
- Even if the entire market drops, you’ll profit if BTC falls less than ETH.
- You’re protected from “scam wicks” (brief price spikes) due to short-term correlation between assets.
Pairs like ETH/BTC, PEPE/DOGE, and HYPE/SOL are all supported, with deep liquidity and low-latency execution.
How Pear Works
Trade Execution
Pear uses an intent-based architecture, routing orders via:
- SYMM
- Hyperliquid
- INTENT engines
You deposit tokens like USDC or ETH, select a pair, adjust leverage, and submit the trade. All orders are non-custodial and are executed in the same block to minimize slippage.
Advanced Tools
- Native pair charts
- Limit/TWAP orders for gradual entries
- TP/SL based on ratios
- Beta/volatility-weighted strategies for balanced hedging
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AI-Powered Trading Assistant – Agent Pear
Pear includes an AI bot called Agent Pear, which:
- Suggests high-probability entries using mean-reversion or correlation breakouts
- Provides key metrics:
- Correlation
- Cointegration
- Rolling Z-score
- Beta
- Volatility
This makes Pear more than just a trading platform—it’s a data-driven, AI-enhanced terminal for pair-based strategies.
Platform Support and Integrations
- Hyperliquid (main integration for perpetuals)
- GMX and Vertex (supporting over 210 pairs)
- Currently runs on Arbitrum, with multi-chain support coming soon
How to Farm HyPear Points
To join the campaign:
Step 1: Access Pear and Deposit Funds
- Visit the official Pear app
- Connect your wallet
- Head to the “Trade” tab
- Select Hyperliquid Perp DEX if not already selected
- Go to “Deposit” to move funds (you can use your existing Hyperliquid balance)
Step 2: Open a Trade
- Choose two assets (e.g., long ETH / short BTC)
- Adjust leverage and position size
- Submit the trade
Remember: You profit only if your long asset outperforms your short.
Example:
- Long ETH, short BTC
- If both rise but ETH rises more → you win
- If both fall but ETH falls less → you win
Step 3: Close Your Position
- Your PnL and volume are only counted after closing the position
- Closing is essential for receiving points
How Points Are Calculated
Each week, 2 million points are distributed. You earn points based on:
| Action | Description |
|---|---|
| Position Opening | Every new long/short pair counts |
| Volume | Higher trade volume = more points |
| Advanced Orders | Using limit orders, TP/SL grants bonus points |
| PnL (Profit and Loss) | Positive PnL = more points. Losses = lower score |
Keep in mind:
- All metrics are only recorded once a trade is closed
- It’s important to use all available tools (limit orders, TP/SL) to maximize your score
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Strategic Tips for Maximizing Points
- Stay Within Trending Narratives
- Pairs like SOL/HYPE or DOGE/PEPE may offer more volatility, which means greater opportunity.
- Use Limit Orders and TP/SL
- These not only protect your position but also reward you with bonus points.
- Aim for Consistency
- Even smaller trades done regularly may build up more points than a single large position
- Leverage Carefully
- Higher leverage = higher risk
- Consider staying within 5x to 10x for a healthy balance
Is This Campaign for Everyone?
Not necessarily. While this is a solid opportunity for:
- Experienced traders looking to monetize their skills
- Airdrop hunters wanting more exposure to Hyperliquid
It may not be ideal for beginners, especially those unfamiliar with:
- Perpetuals
- Leverage
- Pair trading mechanics
The risk of loss is real, and it’s possible that the rewards from the $HYPE airdrop won’t outweigh the capital loss for inexperienced users.
Final Thoughts
Pear and Hyperliquid’s HyPear Points campaign is a clever mix of trading utility and airdrop potential. It rewards real usage, strategic decision-making, and advanced engagement.
Even if you’re not a professional trader, doing at least one interaction with the protocol could count toward a future Hyperliquid snapshot. And for active traders, this is a real opportunity to earn points, climb the leaderboard, and possibly secure a sizable $HYPE allocation.
Watch our video:
Disclaimer
This is not financial advice. If you decide to interact with the mentioned protocols, you do so at your own risk. Airdrop Guild is not responsible for any potential losses resulting from participation. Always do your own research before engaging with blockchain-based projects.