A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid.
What Happened: The trader’s wallet shows 219,268 HYPE tokens, valued at $839,821 at the time of taking the snapshot, sparking discussions on how airdrops can shape user behavior and platform adoption.
Early adopters of Hyperliquid, a decentralized competitor to exchanges like Binance (CRYPTO: BNB) and Coinbase (NASDAQ:COIN) had the opportunity to accumulate points by participating in various activities, such as trading on perpetual and spot markets, providing liquidity and holding ecosystem coins.
According to industry observers, the program evolved to incentivize different actions, encouraging users to explore the platform’s features comprehensively.
One significant feature …
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