Hit-and-hype raiding (also called hit-and-fade) was a pilot slang term for hit-and-run raids, a refinement of the operational doctrine of space denial that was used throughout the history of the Rebel Alliance up to and even beyond the Battle of Endor. The Galactic Empire later adopted an unconventional variation of hit-and-fade operations with Star Destroyers.
This tactic is extremely effective in harassing an enemy capital ship in conjunction with the Nova Flare strategy. This tactic would also prompt the Captain of the capital ship launching their own TIE/LN starfighters which take a very long time to recover, delaying and even denying the capital ship the ability to pursue.
One downside to this particular strategy was that it was very demanding on the pilots undertaking these raids, as well as the starfighters that they used. Prolonged use of this tactic was physically and mentally challenging, but as was the case during the Bacta War, it ultimately proved to be worthwhile.
During the Bacta War, ex-members of Rogue Squadron developed the tactic of entering a system where a Bacta convoy would be assembled, letting off a few torpedoes, then re-entering hyperspace. This was done in an attempt to force Ysanne Isard to allocate more resources to the defense of the Bacta convoys, thus putting more strain on her ability to keep her monopoly on the Bacta Cartel.