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September 12, 2025Cryptopolitan logoCryptopolitan

Hyperliquid may become an airdrop hub, with USDH one of the main mechanisms to farm points

Hyperliquid is exiting the age of high-profile whales and moving back into airdrop ￰0￱ platform may evolve, boosting its activity with new TGE and airdrop ￰1￱ may move beyond being a simple derivative platform and return to the age of ￰2￱ creation of a native USDH ticker and stablecoin may have additional effects in the ecosystem, depending on how the fees are ￰3￱ USDH competition was highly contested, but external teams did not gain traction, and some, like Ethena , gave ￰4￱ Markets is still the leader in validator voting power, and its plan to boost airdrops on Hyperliquid may be realized after the end of the vote. |) September 12, 2025 A second HYPE airdrop is also seen as a ￰5￱ Hyperliquid ecosystem currently has an extremely limited list of tokens, as most of the focus was on HYPE and on trading BTC, ETH, and SOL, as well as smaller, riskier ￰6￱ Hyperliquid blockchain carries only around $2.7B in natively minted tokens, including wrapped ￰7￱ remains the only meme token, specifically created for the Hyperliquid community.

Potentially, up to 29 new projects are developing their tokenomics and eventual airdrops , preparing to turn Hyperliquid into a hub for additional DeFi ￰8￱ airdrops may invite whales, while also boosting the participation of retail ￰9￱ and UNIT are considered the most in-demand assets, with tickers ranging from elite to speculative or ￰10￱ won’t give up on USDC on Hyperliquid Circle, the issuer of USDC, aims to retain its assets on the Hyperliquid ecosystem. On-chain data shows a wallet linked to Circle is also highly active on the Hyperliquid ￰11￱ wallet injected $4.6M to acquire 80K HYPE tokens using the Hyperliquid spot ￰12￱ also experimented with mints and burns on the native Hyperliquid network, suggesting the company may be looking for a way to launch native, not bridged ￰13￱ Hyperliquid chooses another main stablecoin, Circle’s role may diminish, sending the bridged USDC back into the ecosystem.

Don’t just read crypto ￰14￱ ￰15￱ to our newsletter. It's free .

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