Hyperliquid’s Hypurr NFT Airdrop Creates Instant Millionaires as Floor Price Hits $68,900

Hyperliquid's strategic airdrop of 4,600 Hypurr NFTs to early adopters has rewritten the playbook for community rewards in Web3. The perpetuals-focused LAYER 1 blockchain saw its cat-themed digital collectibles achieve a staggering $45 million trading volume within 24 hours, with one rare Knight Ghost Armor variant fetching $467,000 in a landmark OTC sale.

The distribution model—rewarding Genesis participants from November 2024 without mint costs—contrasts sharply with conventional NFT launches. "This wasn't monetization disguised as community building," noted crypto analyst BAWSA, highlighting how 93.7% of the supply went directly to users rather than project treasuries.

Market dynamics reveal extraordinary demand, with pre-launch OTC deals reaching $88,000 and the current floor representing a 78,222% markup from the $0 acquisition cost. The move strengthens Hyperliquid's position against competitors like DYDX and GMX in the perpetuals protocol arena.