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- Confirmed: Hyperliquid Users to Receive HYPE Airdrop
Confirmed: Hyperliquid Users to Receive HYPE Airdrop
🚀 Hyperliquid Announces HYPE Token and Airdrop
HYPE Token Launch: The newly formed Hyper Foundation is set to launch the native HYPE token alongside the HyperEVM on mainnet. Users can receive HYPE and an optional NFT, but must register before Nov. 11 to participate in the airdrop.
Foundation Goals: Hyper Foundation aims to grow the Hyperliquid ecosystem through initiatives like HyperEVM and a proof-of-stake consensus model. TVL has soared to $743M in 2024, up from $57M earlier, reflecting the platform's rapid rise in the derivatives sector.
Growth and Participation: With over $1.2B in daily trading volume, Hyperliquid's points program is driving engagement. Points earned by users will determine their HYPE allocation in the upcoming airdrop. Read More.
️ On today's Top Picks:
- 🔙 Arbitrum DAO member proposes recalling ~$119m worth of $ARB.
- 👀 Fuel teases future announcement coming this week.
- 🧅 The Tor Project releases emergency security update.
- 💰 Solv Protocol raises $11m in Strategic funding.
Read time: ⏰ 6 minutes
Crypto News
• MrBeast allegedly profited $10m+ backing low market cap crypto tokens promoted by influencers.
• ⭐️ Arbitrum DAO member proposes recalling ~$119m worth of $ARB from Gaming Catalyst Program citing failed obligations.
• Vitalik Buterin sells ~$1.6m of donated memecoins; donates proceeds to charity.
• Craig Wright files lawsuit against Bitcoin Core & Square; no specification on the purpose of the lawsuit.
• FTX Executive Ryan Salame begins prison sentence; sentenced to 7.5 years in May after pleading guilty.
• Tether to explore commodities trading & TradFi opportunities
• Digital Asset Investment Products saw $407m of inflows last week.
• CoinGecko publishes 2024 Q3 Crypto Industry Report.
Alpha
• Soneium announces Soneium Spark incubation program winners.
• Initia posts "Initializing Mainnet ▓▓▓▓▓▓▓▓▓▓░░░░ 74%" on X.
• Caldera launches Meet the Metalayer: ApeChain quest on Layer3.
• ⭐️ Fuel teases future announcement coming this week on X.
• Reddio to announce next phase within two weeks; previously launched card system a month ago.
• Chainbase teases Zircon Roadmap on X.
• Octant launches Epoch 5 Allocation Window; closes October 27th.
Airdrops
• ⭐️ Hyperliquid establishes Hyper Foundation; $HYPE coming soon.
• WalletConnect announces Gitcoin donators may be eligible for $WCT Airdrop.
• Puffer launches $PUFFER Season 1 Airdrop claim.
• Grass to launch final $GRASS Airdrop One checker on October 21st.
• DeepBook launches $DEEP Airdrop to DBClaimNFT holders.
• Mode to launch $MODE Season 2 Airdrop on October 18th; minimum of 250 points required to qualify.
• Astherus launches Astherus Gems rewarding campaign participants; to convert to Astherus tokens at TGE.
• List of upcoming TGEs, primary listings, product releases by ICO Analytics.
Finance News
• Samara Asset Group to issue up to ~$33m bond to buy Bitcoin.
• Deutsche Bank to provide crypto market-making firm Keyrock with multi-currency accounts & foreign exchange services.
• 35 Countries have confirmed their participation in upcoming BRICS Summit in Russia.
• International Monetary Fund to lower member borrowing costs by ~$1.2b annually.
• Campaigners want UBS blocked from US pension market for previously breaking banking rules.
Security and Exploits
• Bitcoin developers disclose remote shutdown vulnerability affecting over 13% of Bitcoin nodes.
• Microsoft to end Windows 10 support in exactly one year; no more security updates, technical support, or bug fixes.
• Google warns uBlock Origin & other extensions may soon no longer be supported due to deprecation of Manifest V2.
• ⭐️ The Tor Project releases emergency security update to address Firefox vulnerability currently under active exploitation.
• Mozilla releases second Firefox 131 security update; to release a third security update later today.
Token Unlocks
• Starknet $STRK / ~$27m / OCT 15
• Eigenlayer $EIGEN / ~$40m / OCT 15
• Ethena $ENA / ~$5m / OCT 16
• Arbitrum $ARB / ~$49m / OCT 16
• Echelon Prime $PRIME / ~$6m / OCT 17
• Cardano $ADA / ~$6m / OCT 17
• ApeCoin $APE / ~$11m / OCT 17
• Pixels $PIXEL / ~$7m / OCT 19
Funding
• ⭐️ Solv Protocol raises $11m in Strategic funding.
• World of Dypians raises an undisclosed amount in funding from IBC Group.
The Degen Farmer
Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!
PROTOCOL | ASSETS | APY |
---|---|---|
Tangible Arcana (Re.al) | ARCUSD | 48.97% |
PancakeSwap AMM V3 (Ethereum) | USDCUSDT | 31.94% |
Synthetix V3 (Base) | USDC | 25.55% |
Notional V3 (Ethereum) | NUSDC | 25.07% |
Aerodrome V1 (Base) | DOLAUSDC | 24.84% |
Extra Finance (Base) | DOLAUSDC | 23.50% |
Curve DEX (Optimism) | USDCUSDM | 20.48% |
Indigo (Cardano) | IUSD | 20.47% |
⬆️ Zyfi: Pay With Any Token As Gas or Get It Sponsored |
Zyfi: Gas Abstraction Layer: Zyfi is creating the best on-chain user experiences by leveraging Paymasters and Intents. They have already processed over 1.5M transactions for more than 200,000 users.
Last Epoch Event: Zyfi is currently running a Last Epoch Event from October 7th to October 28th with a total prize pool of $5000. To participate, simply swap assets on Zyfi without using $ETH as gas. Prizes will be distributed based on your leaderboard ranking at the end of the event.
Zyfi Vision: Zyfi's vision is to expand and broaden its reach, bringing the innovative Paymaster feature to a wide array of ZK chains and dApps. With over 30+ dapp integrations in the ZKsync ecosystem, more integrations have already begun with Cronos zkEVM and Abstract.
That’s it for today’s edition! See you soon.
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