Hyperliquid users to score new tokens as HyperEVM mainnet launch approaches

Source Cryptopolitan

Hyperliquid, a decentralized exchange for perpetual derivative trading, will unveil its new HYPE tokens before its HyperEVM main net launch. The Hyper Foundation announced today on X, on a possible airdrop stating that eligible users can opt to receive HYPE tokens and a Hypurr NFT in the first distribution.

Hyperliquid will launch the HYPE token

Hyperliquid will launch its new native HYPE token even as users anticipate the HyperEVM main net release. According to the Hyper Foundation, the new token will be critical for the Hyper BFT proof of stake consensus and for the development of HyperEVM. 

The foundation also announced that users could receive the new HYPE tokens and acquire a Hypurr NFT in its planned airdrop. It remarked:

As part of the Genesis distribution, eligible users can choose to receive HYPE and optionally a Hypurr NFT to commemorate the upcoming launch of the HyperEVM on main net.

=Hyper Foundation

It even asked users to ensure they accept all the Genesis event conditions on their website by the end of November 11 2024, to stand a chance to acquire any new tokens.

Moreover, Hyperliquid’s daily transaction volumes have even crossed $1 billion, pointing to the news on the forthcoming token distribution.

HyperEVM will give access to the exchange’s liquidity

The Hyper Foundation, in its post, also praised Hyperliquid’s order books, stating they offer the “deepest and most robust” liquidity for a broad range of assets. 

The Foundation also believes that HyperEVM, once launched, will make the platform’s liquidity and other native financial primitives more accessible. It even believes HyperEVM will make finance “performant” and ”accessible”.

The exchange already trades perpetual derivatives by pooling liquidity from various sources and offers several other native tokens on its Layer 1 application-specific blockchain. By April 16th, Hyperliquid even started spot trading of L1 main net’s first HIP-1, making its native token PURR available for use. At the time, Hyperliquid also said that about 50% of PURR’s total cumulative amounts would be airdropped to point holders. The exchange also dedicated the rest to PURR/USDC’s liquidity pool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Gold Price Forecast: XAU/USD attracts some sellers below $3,250 on firmer US DollarThe Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
Author  FXStreet
May 01, Thu
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
placeholder
Ripple Price Prediction: XRP signals breakout as spot ETF prospects brightenRipple (XRP) price remains firmly supported at $2.20, while trading at $2.22 at the time of writing on Friday.
Author  FXStreet
18 hours ago
Ripple (XRP) price remains firmly supported at $2.20, while trading at $2.22 at the time of writing on Friday.
placeholder
Gold looks set for weekly loss as news of trade talks curb haven demandGold (XAU/USD) trades around $3,250 on Friday,  recovering slightly from two-week lows after three straight days of losses. The losing streak that took place this week was the sum of a whole package of headlines that all had one theme in common: easing on tariffs. 
Author  FXStreet
18 hours ago
Gold (XAU/USD) trades around $3,250 on Friday,  recovering slightly from two-week lows after three straight days of losses. The losing streak that took place this week was the sum of a whole package of headlines that all had one theme in common: easing on tariffs. 
placeholder
Could XRP ETF Approval Be Near? Ripple To Meet SEC Chair Paul Atkins On May 2As positive shifts in cryptocurrency regulation unfold under President Donald Trump’s second administration, speculation is mounting regarding the potential approval of spot XRP ETF applications. 
Author  Bitcoinist
18 hours ago
As positive shifts in cryptocurrency regulation unfold under President Donald Trump’s second administration, speculation is mounting regarding the potential approval of spot XRP ETF applications. 
goTop
quote