Just sharing some thoughts here—not professional financial advice, so do your own research.

If you've faced significant portfolio losses, there's a strategy some traders explore: leveraging loans to participate in perpetual DEX farming campaigns targeting airdrop rewards. The logic? Platforms like Hyperliquid and Lighter have launched substantial airdrop initiatives, and farming liquidity positions can accumulate governance tokens or protocol rewards.

The bet is that early participation in emerging Perp DEX ecosystems could yield tokens with real value during the next bull cycle. Of course, this involves borrowing against future gains—essentially betting on protocol success and your ability to liquidate rewards before debt obligations tighten.

It's a high-risk play that only makes sense if you've done deep due diligence on the protocol's fundamentals and your risk tolerance. But for some traders, it's become part of the aggressive recovery playbook.