Hyperliquid Launches Hypurr NFT Collection, Trading Hits Tens of Millions
Hyperliquid has launched its new NFT collection called Hypurr on the HyperEVM network. The collection quickly reached a floor price of around $68,900 and generated millions in early trading.
A total of 4,600 NFTs were released. The collection was created to honor early supporters of Hyperliquid, a decentralized trading platform, and to celebrate the launch of HyperEVM, its Layer 1 chain.
According to the Hyper Foundation, Hypurr NFTs are meant as a keepsake for the community. Each NFT reflects the unique personalities, hobbies, and styles of Hyperliquid supporters.
The NFTs were first offered during last November’s genesis event, when Hyperliquid introduced its native token HYPE. Out of the 4,600 Hypurr NFTs, 4,313 went to event participants, 144 to the Hyper Foundation, and 143 to developers and artists.
The collection went live early Sunday, and trading activity surged. On OpenSea, Hypurr has already recorded about 952,000 HYPE in trading volume, equal to $45 million. The current floor price is 1,463 HYPE ($68,930), while Hypurr #21 sold for nearly $470,000.
Despite the hype, questions remain about their actual utility. Hyper Foundation clarified that no guaranteed benefits or features are promised, though future perks may be added.
The launch also reignited discussion about a possible NFT market comeback, which has been sluggish since its 2021 peak.
Meanwhile, HYPE token rose 4.65% in the last 24 hours, now trading at $47.14.
