Hyperliquid establishes foundation and plans to launch HYPE token TGE

Hyperliquid announced the establishment of the Hyper Foundation, which aims to support the development of the Hyperliquid blockchain and ecosystem and plans to launch the HYPE token TGE. Hyperliquid's native token HYPE is essential for the further development of the HyperBFT Proof of Stake consensus, HyperEVM, and roadmap. It is reported that as part of the Genesis distribution, eligible users can choose to receive HYPE and optional Hypurr NFT.