Hyperliquid DEX is launching HYPE token with a projected $3B valuation and no venture capital backing. 31% of the 310M tokens will be allocated for a community airdrop worth nearly $1B. The platform achieved a $1.39B daily trading volume in October, surpassing competitors Jupiter and SynFutures. The token launch will occur on Friday at 2:30 AM ET with direct USDC trading pairs.
No allocations will be given to private investors or market makers, but 24% will be reserved for core contributors.
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