Hyperliquid, a decentralized finance platform, has made waves in the crypto community by airdropping a whopping 28% of its HYPE token supply to early users. This unprecedented move has caused a stir in the market, with the airdrop now worth over $7 billion, making it the most valuable airdrop in history.

For those unfamiliar with airdrops, they are a popular marketing tactic used by blockchain projects to distribute free tokens to a targeted audience. This helps to create buzz and attract new users to the platform. However, airdrops are usually small in scale, with only a fraction of the token supply being distributed.

But Hyperliquid has taken a bold and generous approach by airdropping such a large percentage of its token supply. This move has not only caught the attention of the crypto community but has also sparked discussions about the potential impact on the project’s future.

The HYPE token, which is the native token of the Hyperliquid platform, has seen a surge in value since the airdrop. This has resulted in early users receiving a significant windfall, with some estimates putting the value of the airdrop at over $7 billion.

This airdrop has also raised questions about the sustainability of such a large distribution of tokens. Will it dilute the value of the HYPE token in the long run? Or will it attract more users and drive the platform’s growth?

Only time will tell the true impact of this unprecedented airdrop. But one thing is for sure, Hyperliquid has made a bold move that has captured the attention of the crypto world. With its innovative approach and generous distribution of tokens, Hyperliquid is definitely a project to keep an eye on in the ever-evolving world of decentralized finance.