Hyperliquid

What is Hyperliquid?

Hyperliquid is a purpose-built Layer 1 blockchain that focuses on delivering high-performance decentralized finance applications. At its core is the Hyperliquid DEX, a fully on-chain orderbook perpetuals exchange that combines the speed of centralized exchanges with the security benefits of decentralization. The platform supports both perpetual futures and spot trading, with additional features including a native token standard and permissionless liquidity provision.

The ecosystem operates using the HYPE token, which was initially distributed through a points-based system to early users. The platform has shown significant growth since its alpha launch in 2023, attracting traders with its efficient execution and comprehensive feature set.

OVERVIEW OF POTENTIAL HYPERLIQUID L1 AIRDROPS – February 2025

Hyperliquid Airdrop Details

Hyperliquid completed its Genesis Event on November 29th, distributing HYPE tokens to eligible points holders who represented 31% of the total supply. Importantly, 38.888% of the HYPE supply has been allocated for future emissions and community rewards, creating ongoing opportunities for new users to participate in the ecosystem.

The platform continues to offer potential rewards through active participation, with future distributions possible for traders and community members. While the initial points season has concluded, users can still engage with the platform to position themselves for future reward programs.

ALPHA: A massive stash of 428M unclaimed HYPE tokens has been identified in the community rewards wallet. We’ve seen secret trading reward seasons before, and signs point to more ahead. keep interacting!

Step-by-Step Guide:

How to Participate in Hyperliquid

Getting Started

  1. Visit Hyperliquid and connect/sign with your wallet. This link gets you an instant 4% discount on fees.
  2. Bridge USDC from any chain to Arbitrum using Rhino and deposit it into your Hyperliquid account.
  3. Access spot trading:
    • Navigate to “Trade”
    • Click “Select instrument”
    • Choose “Spot”
    • Select from available trading pairs
    • Use the Hypurr Fun Telegram bot to find new launches and trade spot tokens
    • Hold “Strict list” spot tokens (examples: HYPE, PURR, HFUN, CATBAL) to get potential airdrops from other ecosystem projects
  4. Engage in perpetual futures trading:
    • Go to “Trade”
    • Click “Select instrument”
    • Select “All Coins”
    • Choose your preferred trading pairs
  5. Stake HYPE to receive potential ecosystem airdrops
    • Buy some HYPE tokens from the spot market
    • Go to “Staking”
    • Transfer HYPE tokens from spot balance to staking balance
    • Click on “Stake Tokens”
    • Enter the amount of HYPE to stake
    • Select a validator to stake with:
      • Select HypurrCollective validator to earn Nansen points and potentially other airdrops. Since the launch of staking, selecting the HypurrCollective delegator has resulted in 5 airdrops so far.
    • Click on “Stake”
    • New ecosystem projects may airdrop tokens to HYPE stakers

Passive Participation Through Liquidity Provision

  1. Access the Hyperliquidity Provider (HLP):
    • Navigate to “Vaults”
    • Select “Hyperliquidity Provider”
    • Enter your desired USDC deposit amount

Note: Deposits have a 4-day lock period

Maximizing Your Potential Rewards

  1. Generate and share your referral code:
    • Go to “Referrals”
    • Click “Create code”
    • Share with other traders to earn USDC rewards
  2. Maintain regular trading activity:
    • Trade both spot and perpetual markets
    • Generate consistent volume over time
    • Diversify across different trading pairs

Latest Development: Hyperliquid Staking Launch

Hyperliquid launched native $HYPE token staking on December 30, 2024, with multiple reward mechanisms:

  1. Staking Details:
    • Validators propose blocks proportional to staked HYPE
    • Locked tokens can be staked (rewards remain locked)
    • Users can select validators based on uptime, commission, reputation
  2. Reward Structure:
    • HYPE token rewards for stakers
    • USDC rewards from generated fees
    • Potential ecosystem airdrops
    • Possible project allocations
  3. Additional Features:
    • Hyper Foundation Delegation Program coming soon
    • Focus on network decentralization
    • Multiple revenue streams for stakers

For those looking to participate, evaluate validator metrics carefully to optimize potential returns across all reward streams.

Additional Ecosystem Opportunities

Frequently Asked Questions

How can I claim my $HYPE Airdrop?

If you accepted the Terms & Conditions (T&C) within the specified timeframe, the tokens were automatically deposited into your Hyperliquid spot account. No further action is required. You can sell them on Hyperliquid or withdraw them to your personal wallet for transfer to CEXs.

What happened in the Genesis Event?

The Genesis Event occurred on November 29th, distributing HYPE tokens to qualified points holders. No manual claim was required for recipients.

Are there still opportunities for new users?

Yes, with 38.888% of HYPE supply reserved for future emissions and community rewards, new users can still participate and potentially benefit from future distributions. Also, it’s possible that a “HyperEVM season” will be introduced in the near future to incentivise usage of the Hyperliquid blockchain and associated DeFi applications.

How can I increase my chances of future rewards?

Maintain active participation through regular trading, provide liquidity through HLP, and utilize the referral program to contribute to the ecosystem’s growth.

What are the key features of Hyperliquid?

The platform offers perpetual futures trading, spot trading, and liquidity provision opportunities, all operating on a purpose-built Layer 1 blockchain for optimal performance.

Current Opportunities

Users can currently focus on several key areas:

  • Active trading on both spot and perpetual markets
  • Providing liquidity through HLP
  • Staking HYPE tokens to earn potential airdrops
  • Building a network through the referral program
  • Engaging with the broader ecosystem applications

Stay updated with official Hyperliquid communications for announcements about future reward campaigns and ecosystem developments.

[Note: This content will updated as new information becomes available about future reward programs or ecosystem developments.]

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Estimated Value

$5000-$100000

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview