Airdrops· ★★★· bearish·

Hyperliquid to Unlock 14.18 Million HYPE Worth $1.1 Billion on September 29

  • 14.18 million HYPE worth $1.1–1.2 billion will unlock on September 29
  • That is 5.6% of the current circulating supply of 252 million tokens
  • 46.6% of the pool will go to insiders and early investors
  • 46.3% is designated for the community, about 7% for the Hyper Foundation
Why it matters: The large unlock creates a risk of selling pressure and higher HYPE volatility after the token's recent price records.
Source: Bithub