HypurrCollective Weekly Updates Volume 20

What a week with Hyperliquid's TGE of $HYPE this week, and lots to unpack here. Let's dive in!

Hypurrcollective Weekly Hyperliquid Ecosystem Updates Volume 20 (20 weeks of doing this!) 🧵👇🏻

Hyperliquid Updates:

TGE Details:

Token Distribution

- 38.888% to future emissions and community rewards

- 31.0% to the genesis distribution

- 23.8% to current and future core contributors

- 6.0% to the Hyper Foundation budget

- 0.3% to community grants

- 0.012% to HIP-2 for liquidity

Tokenomics

• Total Supply: 1B

• Ticker: HYPE

• Initial circulating supply: Likely 31.012%

• Token Format: HYPE on HyperEVM chain

• Lock Up: Core contributors (Team) 1 year cliff, 2-3 year vesting.

Token Utility

- HYPE is the native token of the Hyperliquid blockchain

- HYPE will be the staked asset securing HyperBFT

- HYPE will be the gas token of the HyperEVM

- HYPE will be governance token

- $HYPE TGEd at ~$2B FDV, and currently nearing $10B in less than 3 days

- New website for http://Hyperliquid.xyz - http://Hyperfoundation.org

- Testnet Staking is out
https://app.hyperliquid-testnet.xyz/staking

- @Chameleon_jeff 's post TGE tweet: https://x.com/chameleon_jeff/status/1862885996846805222

Useful resources:

Gitbook: https://hyperliquid.gitbook.io/hyperliquid-docs

TG: http://t.me/hyperliquid_announcements

Ecosystem: https://www.hypurr.co/ecosystem-projects

Tokenomics: https://hyperfnd.medium.com/hype-genesis-1830a4dc2e3f

HypurrCollective:

For those who're new, HypurrCollective is a collective of founders, builders, traders, and power users working together to contribute towards @HyperliquidX 's ecosystem growth and projects.

We create content, ecosystem initiatives, guides, events and more for the community. Check us out at http://hypurr.co

Useful tools around Hyperliquid TGE:

Hyperliquid Analytics

- @asxn_r — https://data.asxn.xyz/

- @HypurrDash - http://Hyperdash.info/hype

- @parsec_finance - https://parsec.fi/layout/kez/PssG-HFO

Blockchain Explorers

Hyperliquid — https://app.hyperliquid.xyz/explorer/

- @Hypurrscan — https://hypurrscan.io/

- @Hyper_scanner — https://www.hyperscanner.app/

- @Hypervisor_HL - http://Hypervisor.gg

Product Launches/ Announcements 🔥

- @Hlnames is now LIVE on testnet, allowing you to checkout your soon to be Hyperliquid names ;)

- @RUG_on_HL launches their new website http://Rugman.io with a content competition $RUG

- @Hypervisor_hl launches Hyperbubbles, bubble maps for Hyperliquid. Amazing work, check it out!

- @parsec_finance announces Purrsec, a block explorer and analytics hub for the HyperEVM, live on testnet here: https://testnet.purrsec.com/

- @D2_Finance launches a $100K Hyperliquid hackathon

- @perenniallabs teases Hyperliquid support soon

- @BitgetWallet to support $HYPE trading in the future!

- @InsilicoTrading will be strategically accumulating a $HYPE reserve with >25% of their revenues each week. Hyperstrategy.

- @HypurrDash launches $HYPE TGE tracker on http://hyperdash.info/hype , allowing you to track leaderboard whales on whether they're buying/selling or FSHing

- @Pvp_dot_trade now natively supports Hyperliquid spot markets

Research/Great Reads:📚

- Stickiness on @Hyperliquidx by @myshteri and @rajivpoc from Framework Venture (s/o hypurrcore member!)
https://x.com/myshteri/status/1861820722009813234

- Bottom up report by @blocmates on valuations of hyperliquid
https://x.com/blocmatesdotcom/status/1861855626650960164

- @asxn_r 's report on the $HYPE airdrop distribution -
https://x.com/asxn_r/status/1862527642710552856

- @0xSteadylads podcast with @ThinkingUSD covering $HYPE
https://x.com/0xsteadylads/status/1862883192933413264?s=46&t=IuL56a4WwPWn9XA11MWUkw

Tokens:🪙

$HYPE ofc

HypurrPump tokens:

$RETARD $YAP $STEEL $COPE by @Schizo_on_hl by @HypurrFun

$CHEF $HPYH

Tokens Launched:

$NEIRO $MEOW $WOW $LUCKY

That's the wrap up for the week!

If you're building on top of @HyperliquidX or an avid fan and user of Hyperliquid, our DMs are open for you to join us on this journey.

Supporting builders, one step at a time 🤝

*Content published is not endorsement of projects nor financial advice, please DYOD

Originally posted on X: x.com/hypurr_co/status/1863221714303570290