What Is Koinly and Who Is It For?
Koinly is a web-based application that calculates cryptocurrency taxes automatically. You connect your exchanges and wallets, and the software imports your transaction history, identifies taxable events, calculates gains and losses, and generates reports ready for filing.
The platform launched in 2018 and now serves over one million users across 20+ countries. It’s particularly useful for:
- Traders using multiple exchanges who need consolidated reporting
- DeFi users with staking, liquidity pools, and yield farming activity
- NFT collectors who bought, sold, or traded digital collectibles
- Long-term holders who occasionally sell and need accurate cost basis
- Accountants managing crypto tax reporting for multiple clients
Koinly integrates with 800+ platforms including Coinbase, Kraken, Binance, MetaMask, Ledger, and most major blockchains. It produces IRS Form 8949, Schedule D, and reports formatted for tax authorities in the UK, Canada, Australia, Germany, and other jurisdictions.
Referral Code: 3XIDI7MV
Hyperbeat
Native Yield Layer on Hyperliquid
Claim Discount
Products
- Vaults
- Lending
- Staking
Referral Bonus
- +10% Hearts from Referrals
Airdrop
- $BEAT Token Confirmed
What Is Hyperbeat?
Hyperbeat is the native yield infrastructure protocol built on Hyperliquid and HyperEVM. Backed by $5.2 million in seed funding from Electric Capital, Coinbase Ventures, ether.fi Ventures, and Maelstrom, Hyperbeat has established itself as a cornerstone of the Hyperliquid ecosystem.
The protocol offers a comprehensive DeFi suite that includes:
- Yield-generating vaults with automated strategies across multiple risk tranches
- beHYPE liquid staking that lets you earn staking rewards while maintaining liquidity
- MorphoBeat lending markets built in collaboration with Hyperunit and Ethena Labs
- Delta-neutral tokens (dnTokens) offering sustainable APR from funding rate strategies
All of these products connect to Hyperbeat’s Hearts rewards program, which tracks user engagement and positions participants for potential future token distributions.
Why Use a Hyperbeat Referral Code?
The Hyperbeat referral system creates a win-win scenario. When you sign up using someone’s referral code, you gain access to the full Hyperbeat ecosystem. Meanwhile, the referrer earns 10% of the Hearts you generate across all campaigns—without reducing your own earnings.
Referral Code: 3XIDI7MV
Direct Link: https://app.hyperbeat.org/earn?referral=3XIDI7MV
This code works across all Hyperbeat products including vaults, staking, and lending markets.
How Hyperbeat Compares to Other Hyperliquid Protocols
The Hyperliquid ecosystem hosts several yield-focused protocols, each with distinct approaches. Here’s how Hyperbeat stacks up against the competition:
| Feature | Hyperbeat | Kinetiq | Liminal |
|---|---|---|---|
| Primary Focus | Full DeFi suite | Liquid staking | Delta-neutral yield |
| Products | Vaults, lending, staking, dnTokens | kHYPE liquid staking | Funding rate arbitrage |
| Yield Sources | Multiple (staking + lending + vaults) | Staking rewards only | Funding payments only |
| Reward Program | Hearts (10% referral bonus) | kPoints (ended Oct 2025) | Points program |
| Funding | $5.2M seed (Coinbase, Electric Capital) | $1.75M ecosystem investors | Not disclosed |
| Risk Profile | Diversified across strategies | Single-asset exposure | Market-neutral but funding-dependent |
Why Hyperbeat stands out: While Kinetiq dominates liquid staking with over $2 billion TVL and Liminal offers specialized delta-neutral strategies, Hyperbeat provides the most comprehensive approach. Users can combine liquid staking through beHYPE, lending via MorphoBeat, and automated vault strategies—all while earning Hearts across every product. This multi-product integration means you’re not locked into a single yield source, and the active Hearts program with its 10% referral bonus creates ongoing earning opportunities that competitors’ completed or limited programs don’t match.
Understanding the Hearts Program
Hearts are Hyperbeat’s engagement tracking system. Users earn Hearts by participating in protocol activities, and these points are distributed weekly based on your level of interaction. The program uses a tiered ranking system from Bronze through Challenger, with higher tiers potentially receiving better allocations in future distributions.
Here’s how Hearts accumulate:
- Depositing assets into Hyperbeat vaults
- Staking HYPE through beHYPE liquid staking
- Lending and borrowing through MorphoBeat
- Providing liquidity to supported pools
Referrers earn 10% of their referrals’ Hearts passively. If someone you referred earns 1 Heart per second in a vault, you automatically receive 0.1 Hearts per second—no additional action required.
How to Use the Hyperbeat Referral Code 3XIDI7MV
Follow these steps to activate your referral bonus and start earning Hearts on Hyperbeat:
Step 1: Open the Referral Link
Click the referral link https://app.hyperbeat.org/earn?referral=3XIDI7MV to open the Hyperbeat Earn page. You’ll see a list of available meta-vaults with their current APY rates and TVL.
Step 2: Connect Your Wallet
Click the Connect button in the top-right corner. A modal will appear with wallet options including Rabby Wallet, MetaMask, Coinbase Wallet, and other compatible wallets. Select your preferred wallet.
Step 3: Approve the Connection
Your wallet will prompt you to confirm the connection. Review the request and approve it in your wallet application.
Step 4: Accept Terms and Policies
After connecting, you’ll see a Terms of Use, Privacy Policy, and Cookie Policy modal. Check both boxes to acknowledge you’ve read and agreed to the terms, then click Sign & Accept.
Step 5: Verify Your Referral Code
Click the Referral button in the top menu to open the referral panel. If you used the referral link, the code should be pre-filled. If not, enter 3XIDI7MV in the “Enter Referral Code” field and click Update. Note the 48-hour countdown timer—you must enter a code within this window.
Step 6: Choose a Vault and Deposit
Browse the available vaults and select one based on your preferred asset and risk profile. Click on a vault to view detailed performance metrics, APY history, and depositor statistics.
Click + Deposit, enter your desired amount, and confirm the transaction in your wallet. Your deposit will start earning yield and Hearts immediately.
Important: You must enter a referral code within 48 hours of connecting your wallet for the first time. After this window closes, you cannot add a referral code.
Hyperbeat Referral Program Rules
Before participating, keep these guidelines in mind:
- Self-referrals and circular referrals are prohibited (A refers B, B refers A)
- Each wallet receives one unique, non-transferable referral code
- Hearts from referrals are awarded automatically across all campaigns
- Sybil behavior or fraudulent activity results in penalties or disqualification
The DeFi Yield Infrastructure Landscape in 2026
The decentralized finance market has entered a period of sustained expansion. Total value locked across DeFi protocols has surpassed $100 billion, with the global market size estimated at nearly $27 billion in 2025 and projected to reach over $1.4 trillion by 2033 at a 68.2% compound annual growth rate.
Yield infrastructure sits at the center of this growth. On-chain lending reached record levels of $45 billion in 2025, led by Ethereum-based protocols Aave and Morpho. The liquid staking sector has matured significantly, with Lido managing over $34 billion in staked ETH and derivatives. Aave dominates DeFi lending with $24.4 billion in TVL across 13 blockchains.
Within this competitive landscape, Hyperliquid has emerged as a standout performer. The platform reached over 1.4 million users and $6 billion in total value locked during 2025, with peak daily trading volume hitting $32 billion and open interest reaching $16 billion. Hyperliquid now commands roughly 70% of the DEX perpetuals market share.
What makes Hyperliquid particularly compelling is its trajectory. The ecosystem expanded from a handful of early builders to hundreds of development teams, achieving all major milestones without external venture funding while returning all protocol fees to the community. This organic growth model has attracted institutional attention and positioned native protocols like Hyperbeat to capture significant value.
Industry analysts at Grayscale project that DeFi will accelerate in 2026, with core protocols benefiting from continued momentum in lending and decentralized exchange activity. Hyperbeat’s integration across staking, lending, and vault strategies places it at the intersection of Hyperliquid’s expanding product suite—a strategic position as the ecosystem scales toward broader adoption.
Why Hyperbeat Matters in the Hyperliquid Ecosystem
Hyperliquid has grown into one of the most significant DeFi platforms, with $6 billion in total value locked. Hyperbeat serves as the yield layer for this ecosystem, making sophisticated DeFi strategies accessible to everyday users through non-custodial smart contracts.
The protocol runs its own validator node in partnership with P2P.org, contributing to network security while distributing staking rewards. This deep integration with Hyperliquid infrastructure positions Hyperbeat as more than a simple yield aggregator—it’s a foundational building block for on-chain finance.
The Hyperbeat Airdrop: What You Need to Know
The Hyperbeat airdrop is confirmed. The Hyperbeat Foundation has published official airdrop terms governing the distribution of the native $BEAT token. The team secured the BEAT ticker on Hyperliquid, and eligible users who accumulated Hearts points or held Hypurr NFTs were required to sign the Foundation’s Terms of Use by December 5, 2025, to qualify.
Eligibility was based on the Hearts points program, which distributed 51 million Hearts weekly to participants. Users were ranked into tiers—Bronze through Challenger—with higher tiers expected to receive proportionally larger allocations. The Foundation retains discretion over final distribution amounts and criteria.
For ongoing participation, the strategy remains straightforward: maximize Hearts accumulation across all Hyperbeat products. This means depositing into vaults (WHYPE, UBTC, UETH), using MorphoBeat lending markets, and staking through beHYPE. Diversification across products typically outperforms single-product focus since Hearts accrue from all activity.
The referral bonus amplifies your farming efficiency. By using code 3XIDI7MV and sharing your own referral link, you earn 10% of your referrals’ Hearts passively—compounding your position without additional capital. Consistent weekly engagement matters more than sporadic large deposits, as the system rewards regular participation.
Critical warning: Sybil behavior or attempts to game the system result in disqualification and potential point slashing. The Foundation monitors for fraudulent activity and reserves the right to exclude bad actors from any distribution.
Get Started Today
Referral Code: 3XIDI7MV
Sign Up Link: https://app.hyperbeat.org/earn?referral=3XIDI7MV
Frequently Asked Questions
Use code 3XIDI7MV or sign up through https://app.hyperbeat.org/earn?referral=3XIDI7MV.
You earn 10% of all Hearts generated by users who sign up with your code, across every campaign and product.
Yes, but only within 48 hours of your first wallet connection. After that, the option expires.
No. Your earnings remain unchanged. The referrer’s bonus comes from the protocol, not your allocation.
Hyperbeat has undergone multiple security audits and partners with established protocols like Ethena Labs and Hyperunit. As with all DeFi platforms, users should conduct their own research and understand smart contract risks.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. DeFi protocols involve risks including smart contract vulnerabilities and potential loss of funds. Always conduct your own research before participating in any cryptocurrency project.
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