Author: ASXN
Compiled by: Alex Liu, Foresight News
ASXN built a dashboard to gain deeper insights into the HYPE airdrop:
Total number of recipients: 94,000 wallets
Average airdrop: 2,915.66 HYPE
Median airdrop: 64.53 HYPE
At the current price of HYPE above $7, a total value of nearly $2 billion in tokens was airdropped, averaging nearly $20,000 per address! (The median of nearly $400 better reflects the earnings of most participants excluding whales.)
We analyze the distribution of top holders, active TWAP, locked tokens, and holder distribution:
Distribution by different percentiles:
- 10th percentile: 4.28 HYPE
- 25th percentile: 14.98 HYPE
- 50th percentile: 64.42 HYPE
- 75th percentile: 379.90 HYPE
- 99th percentile: 58,317.95 HYPE
Total range from 0.11 HYPE to 1,975,126.70 HYPE.
Currently, there are 70,300 holders of HYPE tokens, among which the largest non-team holder is 0xfe...fe, holding 8.5 million HYPE tokens.
We can examine the holders of HYPE tokens after the genesis:
Most wallets holding HYPE hold between 16 to 64 tokens. The distribution of holders is as follows:
13,500 wallets (20.6%) hold between 16 to 64 tokens
13,500 wallets (20.6%) hold between 64 to 256 tokens
8,400 wallets (12.8%) hold between 256 to 1,000 tokens
5,400 wallets (8.2%) hold between 1,000 to 4,100 tokens
The chart below shows the difference between the initial balances and current holdings of 20 TGE participants, providing insight into how people utilize airdrops.
The TWAP feature of Hyperliquid seems attractive, as many wallets choose to buy or sell HYPE tokens over a longer period, thus reducing significant price fluctuations.
All real-time HYPE TWAP can be tracked on the dashboard.