Hyperliquid Launches Hypurr NFTs on HyperEVM Amid Token Volatility

Hyperliquid, a decentralized exchange, has unveiled its Hypurr NFT collection to bolster community engagement as its native token faces market turbulence. The project distributed 4,600 NFTs automatically on HyperEVM, targeting Genesis Event participants, the Hyper Foundation, and key contributors. Each NFT encapsulates Hyperliquid's cultural ethos, from community sentiment to creative pursuits.

The NFTs were minted on HyperEVM, a programmable LAYER launched earlier this year that bridges smart contracts with Hyperliquid's Layer-1 via HyperBFT consensus. This infrastructure supports diverse applications, including lending protocols and liquid staking solutions.

Concurrently, Hyperliquid rolled out permissionless spot quote assets on its mainnet, with USDH—its cash and Treasury-backed stablecoin—becoming the inaugural offering. The introduction of trading pairs like HYPE/USDH signals Hyperliquid's ambition to expand its competitive footprint in decentralized finance.