Hyperliquid's recent airdrop has been hailed as the most successful in crypto history, thanks to its focus on community involvement and exclusion of venture capitalists. This strategy created a surge in demand for the HYPE token, which has seen its value skyrocket from $1 billion to over $7.5 billion. Analysts attribute this success to Hyperliquid's egalitarian approach and strong product offering, which includes high throughput and low fees. However, experts warn that replicating this success may be challenging for other projects. Hyperliquid also faced a security scare linked to North Korean hackers.