The Standout Airdrops of 2024: Projects That Made Waves in the Crypto World

AIRDROP | HyperLiquid (HL) Network Users to Receive $HYPE Airdrop Commencing November 27: HyperLiquid (HL) Network users and community members are set to receive an airdrop of $HYPE tokens, set to commence on November 27 2024. According to a recent tweet by BitcoinKE, users will have a period of four months to claim their tokens.

HL Network, a high-speed decentralized finance (DeFi) layer-1 (L1) blockchain protocol, is designed to facilitate high-throughput transactions at low costs. The network’s native token, $HYPE, serves multiple purposes within the HL ecosystem.

Among the use cases for $HYPE are decentralized applications (dApp) integration, network governance, transaction fee payments, and staking rewards. Notably, the token is also employed in the generation of decentralized autonomous organization (DAO) proposals.

According to the project, the airdrop will see 31 million $HYPE tokens being distributed among users, with an initial market value pegged at $1.6 billion. However, at the time of writing, the total market capitalization of the airdropped tokens has surged to over $10.8 billion.

As previously reported by BitcoinKE, the snapshot for the airdrop was taken on March 20 2024, at block 22633333. Moreover, the airdrop is claimable via the HL Network airdrop portal.

In other related developments, HyperLiquid (HL) Network recently announced the integration of decentralized exchange (DEX) aggregator, Jupiter. The integration is set to enable users to swap tokens across multiple DEXes on Solana.

Moreover, HL Network also unveiled its partnership with decentralized derivatives exchange, Deri Protocol, to launch a joint airdrop campaign for $DERI and $HYPE tokens, valued at $200,000.