Original author: ASXN

Compiled by: Lawrence, Mars Finance

ASXN built a dashboard to gain deeper insights into the HYPE airdrop:

  • Total number of recipients: 94,000 wallets

  • Average airdrop: 2915.66 HYPE

  • Median airdrop: 64.53 HYPE

Based on the current price of HYPE exceeding $7, HYPE airdropped tokens worth nearly $2 billion, averaging nearly $20,000 per address! (The median of nearly $400 better reflects the earnings situation of most participants after excluding whales.)

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

Distribution at 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

The total range is 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, owning 8.5 million HYPE tokens.

We can take a look at HYPE token holders after the genesis:

Most wallets holding HYPE have between 16 and 64 tokens. The holder distribution is as follows:

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

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

  • 8400 wallets (12.8%) hold 256 to 1000 tokens

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

The chart below shows the differences between the initial balances and current holdings of 20 TGE participants, illustrating how people use the airdrop.

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

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