Author: ASXN

Compiled by: Alex Liu, Foresight News

ASXN built a dashboard to gain deeper insights into 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 over $7, the HYPE airdrop distributed tokens worth nearly $2 billion, averaging nearly $20,000 per address! (The median of nearly $400 better reflects the earnings situation of most participants excluding whales.)

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

Distribution among 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, among which the largest non-team holder is 0xfe...fe, holding 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 distribution of holders is as follows:

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

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

  • 8400 wallets (12.8%) hold between 256 and 1000 tokens

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

The following chart shows the differences in the genesis balances and current holdings of 20 TGE participants, illustrating how people utilize airdrops.

The TWAP feature of Hyperliquid appears attractive, with many wallets choosing to buy or sell HYPE tokens over longer periods, thus reducing significant price fluctuations.

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