Founded to support Hyperliquid, a decentralized trading platform and layer one (L1) blockchain, the Hyper Foundation plays a pivotal role in advancing community-focused initiatives. The HYPE token, introduced by airdrop on Nov. 29, 2024, is central to this mission, serving as the fuel for various operations, including staking, transaction fees, and trading on the platform’s decentralized exchange (dex).

The token’s distribution strategy aims to keep to decentralization. Of the total supply, 31% was released during its genesis event, while nearly 39% is reserved for future emissions and community incentives. Additional allocations include 23.8% for core contributors, subject to a one-year lock-up period, and 6% for the foundation’s operational use. This approach, which excludes private investors and centralized exchanges, aligns with the project’s goal of prioritizing community ownership, decentralization, and governance.

HYPE’s multifaceted role within the Hyperliquid ecosystem is designed to foster scalability and accessibility. It secures the network’s consensus mechanism, HyperBFT, ensures swift transaction finality, and powers HyperEVM, the platform’s environment for decentralized application development. The token is also actively traded, with pairs such as HYPE/USDC available on the dex.

The conversation about HYPE is all across social media and some are pleased they did not sell early. “The cope is starting to appear from those who fumbled the HYPE airdrop,” one X user said. “There will likely never be an easier mid 6-figure airdrop again. But all teams everywhere that are planning to launch a token should study hard what [The Hyper Foundation] team have done and their perfect execution,” the person added.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。