Hyperliquid launched its Hypurr non-fungible token collection today on the HyperEVM mainnet, generating a notable floor price of $68,900 and millions in early trading volume.
The collection, comprising 4,600 NFTs, commemorates the supporters of the decentralized perpetuals trading platform and its deployment of HyperEVM, the general programmability interface to Hyperliquid’s Layer 1 chain.
“The goal of the Hypurr NFT collection was to share a memento with those who believed in and contributed early on to Hyperliquid’s growth,” the Hyper Foundation wrote in a post on social media platform X. “Each NFT is unique and captures the different moods, hobbies, tastes, and quirks of the Hyperliquid community, as depicted by Hypurr.”
Participants were given the chance to opt in to receive the NFT during last November’s genesis event, where Hyperliquid launched its native HYPE token. 4,313 Hypurr NFTs were allocated to the event participants, 144 to the Hyper Foundation, and 143 to developers and artists.
Hypurr launched at around 12:00 a.m. on Sunday, and its trading activity surged shortly after. OpenSea shows that since its launch, the collection has seen a trade volume of about 952,000 HYPE, equivalent to roughly $45 million.
The NFT platform currently shows that the Hypurr collection has a floor price of 1,463 HYPE ($68,930). Notably, Hypurr #21 sold for 9,999 HYPE, which is nearly $470,000.
While the launch of Hypurr has generated significant buzz on social media, some have speculated about the actual utility behind the NFTs.
“Hypurr NFTs may from time to time be associated with certain benefits, features, or entitlements (“Utility”), but no Utility is promised or guaranteed under these Terms,” Hyper Foundation wrote in an official document.
Hypurr’s debut also sparked a discussion around NFTs and its potential for a comeback after years of stagnation since the 2021 peak.
HYPE is trading up 4.65% in the past 24 hours, changing hands at $47.14, according to The Block’s Hyperliquid price page.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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