Hyperliquid Airdrop Shares $HYPE Token: How to Play and Listing Date?

Bittime - Hyperliquid airdrop shares $HYPE token, how to play and its listing date? Hyperliquid'sairdrop is one of the most anticipated moments in the DeFi world.

The program offers Hyperliquid's native token, HYPE, as a token of appreciation to the community and in preparation for the launch of the HyperEVM mainnet.

This is a golden opportunity for users to participate in the Hyperliquid ecosystem that combines the speed of a centralized exchange (CEX) with the security and transparency of DeFi.

What is Hyperliquid?

Hyperliquid is a decentralized crypto derivatives exchange (DEX) platform that allows users to trade continuous futures in a secure and non-custodial manner.

With its operations on top of the Hyperliquid Layer 1 (L1) blockchain, the platform features high throughput and low latency, providing a trading experience on par with centralized exchanges but with the security and transparency typical of DeFi.

Unlike CEX exchanges, Hyperliquid prioritizes user control of assets through non-custodial wallets.

Its on-chain order book allows all transactions to be recorded on a transparent and immutable ledger, increasing user trust in the platform.

Also read What is Hyperliquid (HYPE)?

5 Key Features of Hyperliquid

1. High Trading Volume

With an average daily trading volume of over $1 billion (as of October 2024), Hyperliquid ranks first among other derivatives DEXs.

This large volume ensures deep liquidity, allowing users to execute trades efficiently.

2. Advanced Trading Tools

Hyperliquid provides various trading tools such as Time-Weighted Average Price (TWAP), Scale, and Take Profit/Stop Loss (TP/SL) to support more complex trading strategies.

3. Low Cost and No Gas

Hyperliquid offers a competitive fee structure with a taker fee of 2.5 bps and a maker rebate of 0.2 bps. The absence of gas fees makes the platform even more cost-effective for users.

4. No Venture Capital (VC) Funding

Without external funding, the Hyperliquid team can focus on developing a product that fully prioritizes the community without pressure from investors.

This creates a user-centered ecosystem and provides a fairer token distribution.

5. Expert Team

Hyperliquid is built by a team that comes from experienced finance and technology backgrounds. Despite only consisting of less than 10 members, they managed to create high performance in a solid platform.

Also read What is Hyperliquid Airdrop?

HYPE Token Airdrop Details

The Genesis Event for the initial distribution of HYPE tokens will take place for registered users. Here is the important schedule and how to participate in the HYPE airdrop:

1. Registration Limit

Users who wish to earn HYPE tokens at this event must complete registration before November 11, 2024 at 23:59 UTC.

2. Airdrop Date

The official announcement regarding the airdrop date will be made on November 29, 2024.

3. Hypurr NFT

Participants also have the opportunity to get a Hypurr NFT as a memento of the HyperEVM mainnet launch. However, these NFTs are not available to all users.

How to Participate in the HYPE Airdrop

1. Visit the Hyper Foundation Site

Access Hyperliquid's official website, then click “Establish Connection” to connect your wallet.

2. Complete Registration

Make sure you review and agree to the terms before the deadline.

Also, make sure you are registered before November 11, 2024 to participate in the initial distribution of HYPE tokens and not miss this opportunity.

Also read What is Hyperliquid (HYPE)?

A Look at Hyperliquid

Hyperliquid is pioneering the DeFi industry by providing a fast trading experience on par with CEX, while still promoting the principles of transparency and decentralization.

With a focus on efficiency, openness, and community prioritization, Hyperliquid exemplifies a future exchange without reliance on external funding.

The launch of HYPE and the HyperEVM mainnet marks an important milestone in Hyperliquid's development as a comprehensive DeFi ecosystem.

Conclusion: Don't miss it!

Make sure you register for the Genesis Event and claim your share of HYPE tokens before the deadline.

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