• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Hyperliquid and Its Market Impact: Lessons from a Successful Airdrop

user avatar

by Giorgi Kostiuk

3 months ago


Hyperliquid conducted the largest airdrop in crypto history, excluding venture capitalists and focusing on community involvement. This move proved successful, yet experts warn of the challenges in replicating such success.

Market Impact

Analysts believe that excluding venture capitalists created artificial demand, which affected the post-airdrop value of the HYPE token. A significant role in price dynamics was played by the HYPE Assistance Fund, which daily repurchased tokens with earned revenue.

They literally came back to what crypto was originally, which is fair launches. If the product is decent and the launch is fair, it’s almost guaranteed to pump no matter what.Jae Sik Choi from Greythorn Asset Management

Egalitarian Strategy

Synthetix founder Kain Warwick noted that Hyperliquid succeeded largely due to its egalitarian focus on rewarding early users. He applied a similar approach with Infinex, engaging a significant community.

The big takeaway is not doing these low-float, high-FDV, VC-led raises. By rewarding the early and ongoing users it’s an opportunity to get more actual people in.Kain Warwick

Risks and Potential Threats

Amidst Hyperliquid's success, warnings have emerged. In December, North Korean hackers were found testing the platform, raising security concerns. Regulation can also pose a challenge for future launches.

Sometimes the centralization makes it way better.None

While Hyperliquid’s strategy was successful, experts caution that it will be difficult for other projects to replicate this success. A successful launch is just the beginning, and continued growth depends on various factors.

0

Share

Other news

Ethereum and MAGACOINFINANCE: Growing Investor Interest in Crypto Industry

Ethereum continues to rise, attracting investor attention to MAGACOINFINANCE and XRP amidst the active development of other tokens.

user avatarGiorgi Kostiuk

8 minutes ago

Trading Analysis of XRP/KRW on Upbit: Selling Pressure and Bot Activity

Exploring the impact of Korean trading flows on XRP/KRW: selling pressure, bot activity, and strategies of large traders.

user avatarGiorgi Kostiuk

18 minutes ago

BTFD Coin in Focus: Analyzing Market Perspectives and Competitive Positions

The article examines current trends in the cryptocurrency market, focusing on BTFD Coin, Dogecoin, and Bonk. Market expectations and current performance are discussed.

user avatarGiorgi Kostiuk

18 minutes ago

DigiShares expands its horizons with the opening of DigiShares GULF Inc. in the UAE

DigiShares announced the establishment of DigiShares GULF Inc. in the UAE, strengthening its market position and improving client services.

user avatarGiorgi Kostiuk

19 minutes ago

BlockDAG: New Horizons in Blockchain Accessibility

BlockDAG offers a unique solution for blockchain access by removing traditional barriers and opening new opportunities.

user avatarGiorgi Kostiuk

27 minutes ago

US Tariffs and Their Impact on Bitcoin and Global Markets

The US imposes new tariffs that impact Bitcoin and global markets, but positive changes may lie ahead.

user avatarGiorgi Kostiuk

29 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.