HYPE Token Airdrop event
Overview
Hyperliquid conducted its genesis token distribution for the HYPE token on 29 November 2024. Approximately 310 million HYPE, representing about 31% of the total supply, was allocated to over 90,000 wallets. Allocations were based on points accumulated from testnet and mainnet trading activity and referrals. The distribution was executed automatically, without requiring recipients to claim their tokens. The registration period concluded on 11 November 2024.
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Sources
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Questions on the record
What was the 2024 HYPE airdrop?
Hyperliquid performed a genesis distribution of its HYPE token on 29 November 2024.
Did recipients have to claim their tokens?
No. Tokens were sent directly to eligible wallets; no manual claim transaction was needed.
What share of supply went to the community?
The genesis event allocated approximately 31% of supply, with Hyperliquid reserving a larger portion of total supply for ongoing community rewards.