Hyperlane Interoperability Protocol Reveals Airdrop Details

Hyperlane Interoperability Protocol Reveals Airdrop Details

The distribution will take place on April 22, with 57% of the tokens going to users.

Author: Margot Nijkerk | Edited by: Stephen Alpher Updated: April 3, 2025, 2:21 PM Published: April 3, 2025, 2:00 PM

What you need to know:

• The team behind the Hyperlane interoperability protocol has announced plans for a token giveaway that will take place later this month.
• The bulk of the tokens will be distributed to the community: 57% of the total supply will be allocated to users, while the remaining tokens will be distributed between the core team (25%), investors (10.9%) and the foundation (7.1%).

The team behind the Hyperlane interoperability protocol announced plans on Thursday for a token distribution scheduled for later this month.

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The airdrop will take place on April 22, and users will be able to verify their eligibility for $HYPER tokens through a special portal provided by the Hyperlane Foundation until April 13, the team said in a press release to CoinDesk.

The bulk of the tokens will be allocated to the community: 57% of the total volume will be given to users, and the remaining tokens will be distributed between the core team (25%), investors (10.9%) and the foundation (7.1%).

The team also noted that the token distribution for community members will be fully unlocked, while tokens for the core team and investors will be locked for the first 12 months.

In addition to distributing tokens to early adopters, Hyperlane is launching an “expansion rewards” program that is based on developer and end-user activity across various networks and will be distributed quarterly based on their network activity.

“The retroactive token distribution on TGE is just the beginning of many projects planned over the next few years as ownership of the protocols begins to shift to developers and end users who rely on Hyperlane to send assets and other important messages on-chain,” said Nam Chu Hoai, co-founder of Hyperlane.

Read more: Blockchain startup Hyperlane raises $18.5 million in funding led by crypto investor Variant

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