🏆 Hyperliquid is the biggest drop in crypto history

Arbitrum $ARB gave the crown to 👑

Previously, the largest drop was Arbitrum, which distributed $1.5 billion (TGE) to its community. But Hyperliquid easily rewrote history by allocating $1.4 billion (TGE) to its drop, and taking into account the market swing, the amount reached $3 billion.

🚀 What made Hyperliquid a phenomenon?

1️⃣ Lack of investors:

No pressure from venture capitalists. No inflated valuations like zkSync or StarkNet.

2️⃣ Focus on the product:

The Chameleon team has created a platform with low commissions. Self-financed development.

3️⃣ Scale drop:

31% tokens distributed immediately on TGE. No locks, vesting or cliffs.

4️⃣ Own exchange:

Control of the listing and exchange rate of the $HYPE token.

💡 Low Float / High FDV problem

Many projects face:

Low circulating supply (Low Float). High FDV.

Hyperliquid demonstrated an alternative: maximum token availability from day one.

🧐 The future of drops

Projects like Hyperliquid show that drops are still alive and can bring in billions with the right approach. However, methods such as full token unlocking require further analysis.