Author: ASXN

Compiled by: Alex Liu, Foresight News

ASXN has 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

At the current price of HYPE exceeding $7, the HYPE airdrop totaled nearly $2 billion in value, averaging nearly $20,000 per address! (The median of nearly $400 better reflects the earnings situation 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, owning 8.5 million HYPE tokens.

We can examine the holders of HYPE tokens after the genesis:

Most wallets holding HYPE possess 16 to 64 tokens. The distribution of holders 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 difference between the initial balance and current holdings of 20 TGE participants, providing insight into how people use airdrops.

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

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