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HyperLiquid’s Native Token Debuts with $4.2B Fully Diluted Value

Summary by Morning News

Decentralized crypto exchange HyperLiquid has airdropped its native token, HYPE, spurring demand that has pushed the price to $4.18 from an initial $3.20 and raised the fully diluted value (FDV) to $4.2 billion. Following the airdrop, there are 333 million of the planned 1 billion tokens in circulation, giving it a market cap of about $1.4 billion. Trading volume exceeded $165 million during the first hour of trading. Of the total supply, 38.88%…

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HyperLiquid’s Native Token Debuts with $4.2B Fully Diluted Value

Decentralized crypto exchange HyperLiquid has airdropped its native token, HYPE, spurring demand that has pushed the price to $4.18 from an initial $3.20 and raised the fully diluted value (FDV) to $4.2 billion. Following the airdrop, there are 333 million of the planned 1 billion tokens in circulation, giving it a market cap of about $1.4 billion. Trading volume exceeded $165 million during the first hour of trading. Of the total supply, 38.88%…

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Morning News broke the news in 3 days ago on Thursday, February 20, 2025.

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