Share 28,500 $HYPE Per Person: HyperLiquid Airdrop Largest in History?

Bittime - On November 29, HyperLiquid listed and launched its native token, $HYPE. Not only that, this project has also implemented a massive HyperLiquid airdrop. 

Unmitigated, the average value of tokens received per user reached $28,500, making it one of the largest airdrops in history. Read this article to find out more!

Airdrop HyperLiquid: $HYPE Price Soars

Since its launch, $HYPE price has shown great performance. Opening at $2 per token, the price jumped almost 5 times to $9.8 in just 3 days, on December 1st. 

With a total of 310 million tokens distributed, the overall value of the HyperLiquid airdrop reached $620 million at the opening price making it one of the largest airdrop projects.

Read Also: How to Play Hyperliquid Airdrop  

Airdrop HyperLiquid: $HYPE Token Distribution

Data shows that the HyperLiquid airdrop reached 94,000 addresses, with an average of 2,915 $HYPE per recipient. Although this average figure looks tempting, the reality is that not all users receive a significant amount.

The majority, namely around 56.6%, received less than 100 tokens. Meanwhile, the recipient with the highest luck, namely one address, received up to 970,000 $HYPE which was worth almost $9.56 million.

Airdrop HyperLiquid: New Users and Transaction Activity

The effect of the HyperLiquid airdrop immediately had an impact on the number of new users. Two days after the announcement, the platform recorded the addition of more than 10,000 new users, surpassing the previous monthly figure. 

However, despite the rapid increase in the number of users, the daily transaction volume did not show significant growth, remaining in the range of $1.8 to $1.9 billion.

Read Also: HyperLiquid Price Analysis: Airdrop Trend Continues, Target $0.1573!  

FAQ HyperLiquid

What is HyperLiquid?

HyperLiquid is a dedicated Layer 1 blockchain-based DEX platform designed for perpetual futures trading. This platform uses an on-chain order book for transaction transparency and adopts a Proof-of-Stake (PoS) consensus system with the HyperBFT algorithm for high efficiency​

What is the Native Token of HyperLiquid?

HyperLiquid's native token is the $HYPE token. Although not yet officially launched, the token is planned for genesis distribution in Q4 2024. HYPE will be used for platform governance, providing liquidity incentives, and offering profits to stakers

How Does HyperLiquid Compare to other DEXs?

Compared to other DEXs, HyperLiquid offers high performance with lower gas fees, a fully on-chain order book, and a focus on user experience like CEX platforms.  

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Reference

Chain Catcher, Annual largest airdrop? Hyperliquid has an average airdrop of $28,500 per person, and the HYPE trend brings a new gold rush, accessed on December 2, 2024.

Chain Catcher, RootData Heat Index Ranking: Hyperliquid ranks first, ZenChain has the largest increase in ranking, accessed December 2, 2024.

Author: IPR