Fundamental

How to Participate in a Potential Fundamental Airdrop

1. Acquire HYPE Tokens
   • Get HYPE from Hyperliquid‘s native exchange
   • Alternatively, deposit USDC via Arbitrum (you can get USDC from Binance or bridge assets using Rhino.fi if you don’t hold any)
   • Ensure you have at least 2.912 HYPE tokens per Passport you want to mint
2. Transfer HYPE to HyperEVM
   • Navigate to your Hyperliquid wallet
   • Transfer your HYPE tokens to the HyperEVM network
   • Confirm the transfer is complete before proceeding
3. Visit the Passport Mint Website
   • Go to the Passport mint page
   • Connect your compatible wallet (MetaMask or similar EVM wallet)
   • Ensure your wallet is connected to the HyperEVM network
4. Mint Your Passport NFT
   • Select whether to mint 1 or 2 passports (2.912 HYPE each)
   • Click the “Mint” button
   • Confirm the transaction in your wallet
   • Wait for the transaction to complete
5. View Your Passport
   • After successful minting, go to “View Passport” section
   • Check your passport stamps and collectible cards
   • Monitor your on-chain activity progress

Understanding Passport NFTs and Collectible Cards

What Are Passport NFTs?

Passport NFTs serve as your identity and participation tracker within the Hyperliquid ecosystem. Each Passport acts as a digital record of your on-chain activities, automatically documenting your engagement across various DeFi protocols and applications built on Hyperliquid.

Collectible Card NFTs System

The collectible card system rewards users for specific activities within the ecosystem. Different types of engagement earn different card types, creating a comprehensive collection that represents your blockchain journey. These cards serve as both proof of participation and potential future utility tokens.

Building Your On-Chain Legacy

Your on-chain legacy grows through consistent participation in the Hyperliquid ecosystem. The Passport system tracks various metrics including transaction frequency, protocol interactions, and community engagement. This data creates a comprehensive profile that could be valuable for future airdrops and ecosystem rewards.

Frequently Asked Questions

How much does it cost to participate?

Each Passport NFT costs 2.912 HYPE tokens. You can mint multiple Passports, but each requires the full payment amount.

Is the airdrop confirmed?

The current system rewards participants with collectible card NFTs. While no official token airdrop has been announced, the project structure suggests potential future rewards for active participants.

How often do I earn collectible cards?

The frequency depends on your level of activity within the Hyperliquid ecosystem. More active participants typically earn cards more frequently.

Can I sell my Passport NFT?

As NFTs, Passports should be tradeable on compatible marketplaces, though specific trading functionality may vary based on platform support.

What happens if Hyperliquid changes its structure?

The project is built specifically for Hyperliquid, so major changes to the underlying blockchain could affect functionality. Monitor official announcements for updates.

Conclusion

Fundamental offers an interesting approach to ecosystem participation through its Passport NFT system. While the airdrop potential remains speculative, the project provides immediate utility through collectible card rewards and on-chain legacy building. The relatively low entry cost of 2.912 HYPE tokens makes it accessible to most users interested in exploring the Hyperliquid ecosystem.

Success in this airdrop depends on consistent participation rather than one-time involvement. Users who actively engage with the Hyperliquid ecosystem while holding Passport NFTs are most likely to maximize their potential rewards. As with any speculative investment, participants should carefully consider the risks and only invest amounts they can afford to lose while building their on-chain presence within this emerging DeFi ecosystem.