The Hyper Foundation has successfully executed a significant airdrop of its native cryptocurrency HYPE, which now increases the total circulating supply to 333,928,180 tokens. This strategic move is designed to support the growth and enhancement of the Hyperliquid ecosystem.
The airdrop represents a market capitalization of $1.74 billion, a substantial figure indicating the foundation's ambitious goals in the decentralized finance sector. This event underlines the commitment of the Hyper Foundation to advance and solidify its standing in the blockchain space.
Hyper Foundation, created to back Hyperliquid, a decentralized trading platform, continues to make waves in the market with its forward-thinking strategies and initiatives. The substantial airdrop is a testament to its mission of driving innovation and adoption in decentralized finance.
Source: news.bitcoin.com ↗