Project Overview
Guide
Step-by-Step Guide to Participate in Future Hyperliquid $HYPE Airdrops Step 1: Set Up a Compatible Wallet Purpose: To interact with the Hyperliquid platform and receive airdropped tokens.
Action: Download and set up a wallet compatible with Hyperliquid, such as MetaMask or a WalletConnect-supported wallet (e.g., Trust Wallet).
Secure your wallet by backing up your seed phrase offline.
Ensure your wallet is funded with some ETH or USDC on Arbitrum for transaction fees and bridging.
Step 2: Bridge Funds to Hyperliquid Purpose: Hyperliquid operates on its own Layer 1 blockchain, so you need to bridge assets to trade or stake.
Action: Visit the Hyperliquid platform (app.hyperliquid.xyz).
Connect your wallet via MetaMask or WalletConnect.
Navigate to the “Bridge” section.
Select Arbitrum as the source chain (currently the only supported chain).
Bridge USDC or USDT to your Hyperliquid spot account. Ensure you have enough for trading and gas fees (e.g., $100–$500 to start).
Confirm the transaction and wait for funds to appear in your Hyperliquid wallet (typically takes a few minutes).
Step 3: Trade on Hyperliquid DEX Purpose: Trading activity is the primary way to earn points for airdrop eligibility, as seen in the 2024 campaign.
Action: Go to the “Trade” section on Hyperliquid.
Choose between spot trading (e.g., HYPE/USDC) or perpetual futures (up to 50x leverage on pairs like BTC/USD or ETH/USD).
Place trades to accumulate trading volume. In the 2024 airdrop, points were awarded based on volume, with each point equating to five HYPE tokens.
Diversify trades across at least 10 trading pairs to boost rewards by up to 15% (based on past airdrop mechanics).
Monitor leaderboards on the platform to track your ranking and potential rewards.
Step 4: Stake HYPE Tokens Purpose: Staking HYPE tokens can earn additional HYPE and USDC rewards, potentially qualifying you for future airdrops.
Action: Acquire HYPE tokens by trading on Hyperliquid or purchasing on exchanges like KuCoin, Bitget, or Gate.
Navigate to the “Stake” section on Hyperliquid (available since December 30, 2024).
Choose a validator (e.g., HypurrCollective, known for five prior airdrops). Check validator uptime and fees for optimal rewards.
Select between flexible staking (withdraw anytime) or locked staking (higher rewards, up to 90-day lockup).
Stake your HYPE tokens and monitor rewards via the staking dashboard.
Step 5: Hold Ecosystem Tokens Purpose: Holding specific Hyperliquid ecosystem tokens may qualify you for airdrops from related projects.
Action: Acquire “strict list” tokens: HYPE, PURR, HFUN, or CATBAL. These can be traded on Hyperliquid’s spot market.
Store these tokens in your Hyperliquid wallet or a compatible wallet.
Monitor announcements for airdrops tied to holding these tokens, as some ecosystem projects reward holders.
Step 6: Participate in the Referral Program Purpose: Referrals can boost your rewards and potentially increase airdrop eligibility.
Action: Go to the “Referrals” section on Hyperliquid.
Generate a unique referral code.
Share the code with others to invite them to trade on Hyperliquid.
Earn USDC rewards (up to $10,000 monthly) based on referred users’ trading activity, which may indirectly boost your points for airdrops.
Step 7: Engage in Hyperliquid Testnet Purpose: Testnet participation can earn points for retroactive airdrops, especially for HyperEVM campaigns.
Action: Visit the Hyperliquid testnet page (check official channels for links).
Connect your wallet to the testnet environment (e.g., Arbitrum Sepolia).
Use the testnet faucet to claim free test tokens (e.g., test USDC).
Perform tasks like trading, deploying contracts, or testing DeFi apps on HyperEVM.
Track your activity, as testnet participation often leads to mainnet rewards.
Step 8: Stay Informed and Accept Terms Purpose: Future airdrops may require accepting Terms & Conditions and staying updated on eligibility criteria.
Action: Follow Hyperliquid’s official channels (e.g., X account, Discord, or website) for airdrop announcements.
Check airdrop calendars on platforms like KuCoin for scheduled Hyperliquid events.
Accept any required T&C for future airdrops promptly (e.g., the 2024 airdrop required acceptance by November 11, 2024).
Monitor your Hyperliquid account for automatic token deposits or NFT rewards (like the Hypurr NFT from 2024).
Maximize Potential
To maximize airdrop earnings, actively trade on the platform, participate in the HLP vault, and engage with the community for updates on future distributions.
Latest X Summary
Hyperliquid: Surging Volumes & New Trading Opportunities – What Does it Mean for Airdrop Hunters?
Hyperliquid continues its impressive growth trajectory, consistently breaking records in trading volume and open interest. While the recent flurry of updates doesn't explicitly announce airdrop snapshots, new seasons, or NFT claims, the rapid expansion of the platform's offerings and its growing ecosystem signal a project worth keeping a close eye on for future opportunities.
Airdrop hunters, take note: on high-volume decentralized perpetual exchanges like Hyperliquid, active engagement, significant trading volume, and maintaining open interest are often key factors that precede potential token distributions. The continued achievement of new all-time highs in these metrics could be a strong indicator for future incentives.
No Direct Airdrop Announcements (Yet!)
It's important to clarify that Hyperliquid's recent announcements, while robust, do not directly mention upcoming airdrop snapshots, new "seasons" of rewards tied to specific dates, or any NFT claim events. Our summary focuses on general activity and growth that could contribute to eligibility for future retroactive rewards.
Key Trading Opportunities & Platform Expansions
Hyperliquid has been busy expanding its trading pairs, introducing both "hyperps" (pre-launch perpetuals) and regular perps for a diverse range of tokens. This provides ample opportunity for active traders to engage with the platform.
Recent Perp & Hyperp Listings
| Date | Asset | Type | Leverage | Tweet Link |
|---|---|---|---|---|
| Sep 10 | LINEA | Converted to Perp | Up to 3x | Tweet |
| Sep 01 | WLFI | Converted to Perp | Up to 5x | Tweet |
| Sep 01 | LINEA | Listed as Hyperp | Up to 3x | Tweet |
| Aug 23 | WLFI | Listed as Hyperp | Up to 3x | Tweet |
| Aug 22 | XPL | Listed as Hyperp | Up to 3x | Tweet |
| Aug 21 | YZY | Listed as Perp | Up to 3x | Tweet |
| Aug 06 | PROVE | Listed as Perp | Up to 3x | Tweet |
| Jul 14/15 | PUMP | Hyperp then Perp | Up to 5x | Tweet |
New Spot Trading Pairs
| Date | Asset | Tweet Link |
|---|---|---|
| Aug 18 | HYPE/USDT | Tweet |
| Jul 30 | BONK | Tweet |
| Jul 24 | SPX6900 | Tweet |
| Jul 14 | PUMP | Tweet |
Platform Milestones & Integrations
Hyperliquid has celebrated several impressive milestones, highlighting robust growth and increased institutional and retail adoption:
- Record-Breaking Performance: New all-time highs include $29B in 24h volume and $7.7M in 24h fees (August 15th, Tweet). Spot volumes also hit a 24h ATH of $3.4B (August 25th, Tweet).
- Open Interest Surge: Open Interest continues to set new records, recently surpassing $14.7B (July 23rd, Tweet).
- Institutional Adoption: Support for the native HYPE token has been expanded with custody and staking solutions from FalconX Global (Tweet), BitGo (Tweet), and Anchorage Digital Bank (Tweet).
- Ecosystem Integrations: Major integrations include Rabby Wallet tracking Hyperliquid balances (Tweet) and Rabby Perps going live on mobile and extension (Tweet). Native USDC and CCTP V2 are also coming soon (Tweet).
- Community Hackathon: A 4-week global online event with over $16M in prizes was announced, encouraging builders to innovate on the platform (Tweet).
Airdrop Hunter's Strategy
Given Hyperliquid's strong performance and continuous development, staying active on the platform is a prudent strategy for airdrop hunters. Engage with the new perp and spot listings, explore the platform's features, and contribute to the growing volume and open interest. While there are no explicit guarantees, consistent interaction with promising projects often pays off in the long run!