Hyperliquid airdrop will go live on November 29th at 3:30 PM, with a total supply of 1 billion HYPE tokens.

BlockBeats News, November 28th, the genesis event of the native token HYPE of the decentralized derivatives trading platform Hyperliquid will go live on November 29th at 15:30 (Beijing time).

The maximum supply of HYPE is 1 billion, allocated as follows: 38.888% for future emissions and community rewards; 31.0% allocated to the genesis allocation; 23.8% allocated to current and future core contributors; 6.0% for the Super Foundation Budget; 0.3% for community grants; 0.012% allocated to HIP-2.

The tokens will be released over time, with 76.2% allocated to the community. Eligible participants in the genesis event will receive 310 million tokens, which will be fully unlocked. Undistributed tokens will be moved to future emissions and community rewards. 60 million HYPE allocated to the Hyper Foundation Budget, 300 HYPE allocated to grants, 120,000 HYPE allocated to Hyperliquidity (HIP-2). 388,880,000 unminted HYPE is reserved for future emissions and community rewards.