Hyperliquid will airdrop HYPE token on November 29

Hyperliquid will airdrop HYPE token on November 29, 2024, at 02:30 PM Vietnam time. This token is an important part of Hyperliquid's ecosystem and will be issued on the platform's own blockchain with a total supply of 1 billion units. In this airdrop, 31% of the HYPE amount will be allocated to the community immediately, while the remaining parts will be gradually unlocked until 2027-2028.

In addition to participating in the airdrop, eligible users will also have the option to receive an additional commemorative NFT named Hypurr as part of the HyperEVM launch event on Hyperliquid's mainnet. The HYPE token will play a major role in transactions and staking activities on this platform, as well as in the Proof-of-Stake HyperBFT consensus mechanism.

Users need to pay attention to read and agree to the terms related to the airdrop before November 11 to be eligible to receive HYPE.