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Hyperliquid launched its Hypurr NFT collection to reward early supporters.
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The collection’s floor price quickly rose above $68,000.
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Over $45 million in trade volume has been recorded so far.
Launch of Hypurr NFTs
Hyperliquid released 4,600 Hypurr NFTs on its HyperEVM mainnet, distributing them primarily to early community members and contributors. Each NFT is designed as a collectible memento, reflecting the culture and personalities within the Hyperliquid community.
Early Market Reaction
The collection generated $45 million in trade volume within hours of launch. Floor prices quickly reached around $68,900, with some sales hitting nearly $470,000 in HYPE token value.
Unclear Utility but High Demand
While the NFTs have created major market buzz, Hyperliquid has stated that no specific utility is guaranteed. Still, the launch has sparked speculation about NFTs making a broader comeback after years of decline since their 2021 peak.