News View Non-AMP

HyperLiquid Announces Airdrop Of 310M HYPE Tokens

Published by
Nidhi Kolhapur

HyperLiquid, a fast-growing decentralized perpetual exchange, has announced the launch of its native token, HYPE. The token will be airdropped to early adopters starting on Friday, marking an exciting milestone for the platform.

Token Allocation and Distribution Breakdown

The total supply of HYPE tokens is capped at 1 billion, with the distribution as follows:

  • 0.012% for HIP-2
  • 38.888% reserved for future emissions and community rewards
  • 31% allocated to the genesis distribution
  • 23.8% for current and future core contributors
  • 6% for the Hyper Foundation’s budget
  • 0.3% for community grants

HyperLiquid has quickly become the largest decentralized exchange by trading volume, open interest, and active users. Its liquidity is now comparable to top centralized exchanges, offering a smooth trading experience while maintaining the self-custodial ideals of a fully on-chain DEX.

This balance represents the core values of decentralized finance, using advanced technology to bring all finance onto the blockchain without compromise.

Unlike a traditional governance token, HYPE will serve multiple purposes. In addition to governance, it will offer staking options and can be used to pay gas fees. Staking HYPE will help secure HyperBFT, the proof-of-stake consensus mechanism that powers the HyperLiquid platform.

HYPE and HyperEVM Integration

The new HyperEVM platform will introduce the HYPE/USDC pair on its spot order book. HyperEVM will bring full programmability to both native components and general-purpose on-chain state. HYPE will also serve as the gas token for the HyperEVM, increasing its value within the ecosystem.

Token Emission Plan

The genesis event for HYPE is scheduled for 07:30 UTC on November 29. During this event, 310,000,000 tokens will be distributed to eligible participants, and these tokens will be fully unlocked. Over time, 76.2% of the total supply will be released to the community.

Core contributor tokens will be locked for one year after the genesis event. Importantly, core contributors are excluded from the genesis distribution, and there are no token allocations for private investors, centralized exchanges, or market makers.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Why XRP Price Is Up Today?

XRP price today is now trading at $2.17, showing fresh upward momentum. The key reason…

June 28, 2025

Ripple vs SEC Lawsuit Not Fully Settled Yet, Say Legal Experts

Ripple CEO Brad Garlinghouse recently dropped a major update. Ripple is officially pulling back its…

June 28, 2025

Crypto Hacks Surge in 2025: $2.1 Billion Stolen in Just 6 Months

The crypto industry is facing a security crisis in 2025. In just the first half…

June 28, 2025

XRP Price Prediction As Ripple Ends Legal Battle With SEC

The XRP community finally got some good news this week. Ripple has decided to drop…

June 28, 2025

Binance Coin Eyes $900 Target as Exchange Activity and Whale Moves Spike

Binance Coin (BNB) is gaining bullish momentum as on-chain data signals rising Binance exchange activity…

June 28, 2025

XRP Whales Accumulate Quietly as Price Eyes Breakout

XRP’s price has been slipping, and whales are making big moves. On-chain data reveals a…

June 28, 2025