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Hyperliquid

Basic Information

InformationDetails
Project NameHyperliquid
Project WebsiteHyperliquid
Project DescriptionA decentralized trading platform offering high-performance perpetual futures trading and innovative DeFi solutions.
Project TickerHYPE

Airdrop Details

InformationDetails
Airdrop TypeRetroactive
Total Airdrop AmountNot Known
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotMarch 26, 2024
Claiming StartedNov 29, 2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Exact airdrop criteria were not explicitly detailed in a single official list across all sources, the following points are inferred from announcements, posts on X, and related web content.

  • Users needed to earn points by March 26, 2024.
  • Users were required to accept the new Terms & Conditions on the website before the token launch in April 2024.
  • Points were the key determinant for airdrop eligibility, with volume traded being the primary factor in earning points.
  • Those who failed to accept the Terms & Conditions in time missed out on the airdrop.
  • Users who accepted the T&Cs late (during the fourth reopening) received a 50% slashed airdrop due to the inability to run sybil detection on the final batch of participants.
  • The airdrop was distributed directly to users’ Hyperliquid accounts.
  • There was speculation about a tiered distribution based on user league rankings.

Additional Information

  • Some users considered the Hyperliquid airdrop the “best airdrop ever.”
  • A common conversion ratio was 5.35 HYPE per point.
  • The HYPE token launched smoothly and is listed on Hyperliquid L1.
  • The Hypurr NFT collection is expected to launch in 2025 after the HyperEVM mainnet goes live.
  • Users had an option to choose between the HYPE token and the Hypurr NFT, with no difference in allocation.
  • Platinum-ranked users and above were exclusively eligible for the Hypurr NFT.
  • The points program started on November 1, 2023, with 1,000,000 points distributed weekly for 6 months, ending May 1, 2024.
  • L1 phase of points began on May 29, 2024, and ended in November 2024, with 700,000 points distributed weekly.
  • Affiliates earned 1 point for every 4 points their referred users earned.
This post is licensed under CC BY 4.0 by the author.