Basic Information
| Information | Details |
|---|---|
| Project Name | Hyperliquid |
| Project Website | https://www.hyperliquid.com |
| Project Description | Hyperliquid is a high-performance Layer 1 blockchain optimized for decentralized finance (DeFi) applications, offering fully on-chain spot and perpetual trading with native token standards. |
| Project Ticker | PURR |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | retroactive |
| Total Airdrop Amount | 500 million PURR tokens (50% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Before April 2024 (exact date unknown) |
| Claiming Started | April 2024 |
| Claiming Ends | April 13, 2024 (Terms acceptance deadline) |
| Spot Trading Start | April 16, 2024 (04:00-06:00 UTC) |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Points Holders:
- 50% of the total PURR supply (1 billion tokens) was allocated to users who had earned points on Hyperliquid.
- Points were accrued primarily through trading perpetual contracts during Season 1 and expanded in Season 2 to include spot trading and asset holding.
- The snapshot for eligibility had already been completed before the airdrop announcement.
- Distribution was proportional to the number of points each user held—more active traders received a larger share of the 500 million PURR tokens.
Acceptance of Updated Terms:
- To qualify, users had to accept Hyperliquid’s updated Terms of Use at app.hyperliquid.xyz by April 13, 2024, end of day UTC.
- Users who failed to accept the terms were ineligible, even if they had enough points.
No Manual Claim Required:
- If a user met the eligibility criteria (points held + terms accepted), the PURR tokens were automatically deposited into their Hyperliquid spot account.
- Users could verify their balance directly on the platform.
Important Links
- Official Announcement: Hyperliquid’s $PURR Token Launch Details
- Listing Announcement
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
Additional Information
Hyperliquidity Mechanism:
- The other 50% of the PURR supply was permanently locked into the PURR/USDC liquidity pool using Hyperliquid’s Hyperliquidity mechanism (HIP-2).
- These tokens were not distributed to users.
Airdrop Completion:
- The airdrop occurred in April 2024, and spot trading for PURR officially began on April 16, 2024 (04:00-06:00 UTC).
- Since today’s date is March 24, 2025, this airdrop has already concluded.
Historical Eligibility Check:
- If checking past eligibility, users needed to have held points and accepted the terms before April 13, 2024.
- There is no current evidence of future $PURR airdrops or additional distributions beyond this event.