Author: ASXN

Compiled by: Alex Liu, Foresight News

ASXN built a dashboard for a deeper understanding of HYPE airdrops:

  • Total number of recipients: 94,000 wallets

  • Average airdrop: 2915.66 HYPE

  • Median airdrop: 64.53 HYPE

With HYPE exceeding $7 at current price, HYPE airdropped tokens worth nearly $2 billion in total, averaging nearly $20,000 per address! (The median of nearly $400 more accurately reflects the earnings of most participants after excluding the whales.)

We analyze the distribution of top holders, active TWAP, locked tokens, and holder distribution:

Distribution across different percentiles:

- 10th Percentile: 4.28 HYPE

- 25th Percentile: 14.98 HYPE

- 50th Percentile: 64.42 HYPE

- 75th Percentile: 379.90 HYPE

- 99th Percentile: 58317.95 HYPE

Total range from 0.11 HYPE to 1,975,126.70 HYPE.

Currently, there are 70,300 holders of HYPE tokens, with the largest non-team holder being 0xfe...fe, holding 8.5 million HYPE tokens.

We can examine the holders of HYPE tokens post-genesis:

Most wallets holding HYPE hold between 16 and 64 tokens. The distribution of holders is as follows:

  • 13,500 wallets (20.6%) hold between 16 and 64 tokens

  • 13,500 wallets (20.6%) hold between 64 and 256 tokens

  • 8400 wallets (12.8%) hold between 256 and 1000 tokens

  • 5,400 wallets (8.2%) hold between 1,000 and 4,100 tokens

The chart below shows the differences between the genesis balances and current holdings of 20 TGE participants, providing insight into how people utilize airdrops.

Hyperliquid's TWAP feature appears attractive, as many wallets choose to buy or sell HYPE tokens over longer time periods, reducing significant price volatility.

All real-time HYPE TWAP can be tracked on the dashboard.