Hyperliquid Hypurr NFTs Airdropped to Early Users on HyperEVM

Can a cat-themed NFT collection change the path of a blockchain?

The arrival of Hyperliquid Hypurr NFTs appears to do just that. Released on September 28, 2025, the set of one-of-a-kind digital cats was instantly among the most buzzed-about drops in crypto.

In the span of hours, the NFTs reached a $60,000 floor price and accrued over $36 million in trading volume.

The Hyper Foundation released the 4,600-piece Hypurr collection as a gift to early supporters of the Hyperliquid Layer 1 blockchain.

More than just digital art, Hyperliquid Hypurr NFTs symbolize loyalty, early belief, and the growth of a community that is driving the project forward in the decentralized finance (DeFi) space.

Airdrop to Early Hyperliquid Users

Unlike many NFT launches, these were not sold to the public. Instead, they were airdropped to wallets that joined the November 2024 Genesis Event.

Of the total supply, 4,313 NFTs went to participants, 144 to the Hyper Foundation, and 143 to contributors, developers, and artists.

To keep the process fair, the foundation screened wallets for risks and blocked sybil attacks. This made sure only genuine early adopters received the tokens. Since no minting was required, the drop was smooth, transparent, and less prone to scams.

Built on HyperEVM

The collection is built on HyperEVM, Hyper-liquid's smart contract platform.

Unlike a typical EVM, it is natively integrated with HyperCore and secured by the HyperBFT consensus protocol.

This setup allows developers to build advanced apps like lending, liquid staking, and vault tokenization.

Hyperliquid Hypurr NFT release also releases the first mass-scale cultural initiative on HyperEVM.

It illustrates how innovative work by the community can exist along with serious DeFi innovation.

Market Impact: HYPE Token Gains

The launch of the NFTs had a quick impact on Hyperliquid's native token, HYPE. HYPE price surged 5.39% over the past 24 hours, greater than the broader crypto market's 2.3% increase.

On a 30-day basis, the token is 5.74% higher despite still being down on the week.

Analysts identify three reasons fueling the rally:

• Ecosystem Development: Hypurr NFTs and the introduction of the USDH stablecoin spurred activity.

• Institutional Endorsement: ARK Invest’s Cathie Wood compared HYPE token to “early Solana,” developing strong optimism.

• Technical Support: Despite bearish signs, HYPE held above key price levels, proving investor commitment.

Risks and the Road Ahead

Despite the strong debut, the network still faces security issues. A $782,000 exploit on hyperliquid’s lending protocol Hyperdrive earlier this year was the third breach since March. While contained, such incidents may affect long-term trust.

To the future, therefore, the most important questions are if this new development can maintain their momentum and if adoption of USDH will be enough to spur greater trading activity.

Another influence is the forthcoming release of 237.8 million HYPE tokens beginning in November 2025, which will potentially be burdensome on the market.

Conclusion

The success of Hyperliquid Hypurr NFTs proves the strong connection between the project and its early investors. Merging culture with innovation, the project is positioning itself as a new DeFi contender.

Collectors, traders, and investors alike will be watching to see if this NFT mania will be the harbinger of a long-term trend for project's future.