Last week, we listed Hyperliquid ($HYPE) on Quidax. But, $HYPE didn’t come to the party alone, as we also added two new tokens; Fartcoin ($FARTCOIN) and Peanut the Squirrel ($PNUT) 🥳.
The latest three additions are a reminder that we’re always ready to provide you with new cryptocurrencies you can buy and sell on Quidax 🤝. But before you get your hype on, join $FARTCOIN’s funny supporters, or pay homage to $PNUT, let’s get to know these tokens 👇.
What is Hyperliquid ($HYPE)?
Hyperliquid is a decentralised exchange (DEX). But unlike many DEXs, it runs on its own blockchain. The trading platform was built to offer crypto traders a mix of centralised and decentralised trading in one. That’s because it combines the efficiency that centralised exchanges (CEXs) offer with the complete transparency of decentralised exchanges.
But what’s even more impressive about Hyperliquid is its transaction processing speed. The average time to fill a transaction block on Hyperliquid is less than a second, and the blockchain can process up to 100,000 transactions per second. Plus, the platform focuses on offering traders access to perpetual futures trading instead of the regular spot trading.
With the perpetual futures trading strategy, Hyperliquid users can speculate on future coin prices without owning the underlying cryptocurrency. The best part is that Hyperliquid supports many cryptocurrencies that traders can pick from for futures trading. These include but are not limited to Bitcoin, Ethereum, Solana, Avalanche, Sui – you name it 📋.
Where does the $HYPE token come in? $HYPE is the native token of the Hyperliquid ecosystem. Consider it the engine oil that keeps things running smoothly within the network. $HYPE can be traded or used to trade other coins on the Hyperliquid Exchange. It can also be used to pay for fees, secure the network via staking, and reward investors.
What is Fartcoin ($FARTCOIN)?
Fartcoin is a fun and silly meme coin project that was launched in 2024. Like other top meme tokens, Fartcoin went viral after its launch and attracted a number of traders and investors. $FARTCOIN is built on Solana, so it belongs to a category of Solana meme coins. Popular mentions in that “Whatsapp Group” include Bonk Inu (BONK), Dogwifhat ($WIF), and Official Trump ($TRUMP).
$FARTCOIN’s price, like most meme coins, is influenced by social media hype. For instance, the meme coin reached an all-time high of around $2.6 in January 2025, when other meme coins like $TRUMP broke into the market.
So, instead of having actual use cases that can boost its demand and value, $FARTCOIN relies on its community and internet hype. That makes it prone to price swings like other meme cryptocurrencies 😵💫.
What is Peanut the Squirrel ($PNUT)?
Peanut the Squirrel ($PNUT) is another Solana meme coin launched in 2024. One of the exciting things about this coin is that it is connected to an actual Squirrel named “Peanut 🐿️.” The squirrel went viral because of its tragic death story, following its euthanisation by the New York State authorities.
So, $PNUT is a tribute to the pet, which was popular on Instagram prior to its killing. Based on its emotional story, $PNUT was strongly welcomed by animal rights and meme coin enthusiasts. This made the $PNUT price increase sharply in its early days, reaching an all-time high of around $2.5 in its early days 📈.
But like its fellow meme coins, $PNUT can experience sharp price increases and decreases based on social media hype and community support.
How to Trade $FARTCOIN, $HYPE, and $PNUT on Quidax
You can buy and sell $FARTCOIN, $HYPE, and $PNUT on Quidax using Naira, Tether (USDT), or other cryptocurrencies.
- Sign to your account. If you don’t have one yet, sign up here.
- Go to the “Wallets” section and search for “$FARTCOIN,” “$HYPE,” or “$PNUT”
- Tap “Buy “$FARTCOIN,” ”Buy $HYPE,” or “Buy $PNUT” (or you may even do the three 😉).
- Select the “Instant Swap” or “Order Book” trading option.
- Choose your preferred market and trade away!
A little heads up, though. As of the time of writing, all three cryptos are available for trading only. That means you can buy and sell these cryptos on Quidax but you will be unable to deposit or withdraw them.
Final Thoughts
There you have it! Three hot coins; $FARTCOIN, $HYPE, and $PNUTall in one place. Ready to roll? Sign up on Quidax and trade $FARTCOIN, $HYPE, and $PNUT with Naira, USDT, or any other crypto of your choice.
Disclaimer: This content may cause extreme FOMO (Fear of Missing Out). Side effects of investing include sudden wealth (or, you know, the opposite 😢).
Please do your own research (DYOR) or speak to your financial advisor before making any decisions.
