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xiangshuihe

@hexiangshui

Hyperliquid's largest recorded airdrop allocation was ~$4M to a single user in the 2024 genesis drop (31% of supply, ~$1.2B–$7.6B total value to 94,000 wallets). Average: 2,916 HYPE ($20K at peak prices). Distribution analysis: More concentrated than Uniswap—12% of recipients got 5,000–10,000 tokens ($140K–$280K). Points favored high-volume traders, tilting toward whales, but broad eligibility (94K users) included significant retail participation. Overall, skewed to whales while still rewarding active retail.
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