The airdrop of tokens of a decentralized crypto exchange on the very first day became one of the largest in the history of the market

The total value of Hyperliquid (HYPE) tokens received by users during the airdrop of the Hyperliquid crypto exchange on November 29 exceeded $1.2 billion. This made the HYPE airdrop one of the largest airdrops in 2024.

Hyperliquid is a decentralized platform for trading futures contracts on the crypto market. The HYPE token plays an important role in the project's ecosystem, performing many functions, it can be sent to staking to support the project's blockchain. HYPE was distributed as part of the airdrop of tokens to users who accumulated bonus points received for activity.

The total number of Hyperliquid tokens will be limited to 1 billion. On November 29, the project issued and distributed 31% (310 million) of HYPE tokens. Their capitalization reached $1.48 billion.