HYPE airdrop event
Overview
Hyperliquid conducted its HYPE token genesis airdrop on 29 November 2024, distributing approximately 310 million tokens, representing around 31% of the total supply. Allocations were determined by points earned through testnet and mainnet trading and referrals, with tokens sent directly to eligible wallets without a claim process. More than 90,000 addresses received allocations, ranking it among the largest DeFi airdrops by value at that time.
Within The Counterparty graph, HYPE airdrop connects to 2 tracked entities, most strongly to Hyperliquid, Hyperliquid L1.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | Hyperliquid | 95% |
affected | Hyperliquid L1 | 85% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
When did the HYPE airdrop happen?
The genesis distribution occurred on 29 November 2024.
How much HYPE was distributed?
Genesis recipients received approximately 310 million HYPE, representing about 31% of the total supply.
How was eligibility determined?
Eligibility derived from Hyperliquid's points programme, which accrued via testnet trading, mainnet activity and referrals. Users were required to register by 11 November 2024 to qualify.