Hyperliquid Launches the HYPE Token Today with a $1 Billion Airdrop, Valued at $3 Billion Pre-Market

TL;DR Hyperliquid will launch its HYPE token on November 29, with an airdrop of 31% of the total supply, valued at over $1 billion. HYPE will play a key role in staking and smart contract execution on HyperEVM, supporting the HyperBFT network with up to 200,000 TPS. With a TVL of $1.3 billion, Hyperliquid’s blockchain ... source: https://crypto-economy.com/hyperliquid-launches-the-hype-token-today-with-a-1-billion-airdrop-valued-at-3-billion-pre-market/