Hyperliquid NFT Acquired via Airdrop Sells for $467,000!

Metaverse Planet

September 29, 2025

The transfer of a rare NFT from the Hypurr collection for a price nearing half a million dollars has created a significant stir in the crypto community.

Early adopters of Hyperliquid’s perpetual-focused Layer 1 blockchain received major rewards on Sunday after the Hyper Foundation finally airdropped the long-awaited Hypurr Non-Fungible Token (NFT) collection.

At the time of writing, the floor price for Hypurr NFTs was approximately 1,458 Hyperliquid (HYPE), or $68,700, according to OpenSea data.

However, breathtaking sales occurred far above this range. The Hypurr #21 NFT, which possesses the extremely rare “Knight Ghost Armor” and “Knight Helm Ghost” traits, was sold for 9,999 HYPE on Sunday, equivalent to $467,000.

Demand was so high before the launch that some NFTs were sold for up to $88,000 earlier this month through OTC desks, according to DripTrade data.

Such transactions were made possible through DripTrade’s OTC system, which allows buyers and sellers to agree on a predetermined sale price before the launch. The seller was then obligated to complete the transaction within seven days of receiving the NFT or forfeit the collateral they put forward as part of the agreement.

Amidst a global cost of living crisis, the fact that a digital cat picture received for free was worth more than some people’s annual salary did not go unnoticed by the crypto community. X user MoonOverlord stated:

“CT is truly a special place in hell. The average person is struggling to make ends meet or buy groceries, and here people are sharing their $50,000 hyperliquid cat NFTs they got for free.”

DidiTrading also commented: “I received a Hypurr NFT worth $50k. I’m not usually great at gauging the value of these things, so I’ll give the market some time to find a balance before deciding what to do.”

Are Hypurr NFTs Poised to Take Over the Market?

The Hypurr NFTs were distributed on HyperEVM on Sunday and depict cartoon cat avatars with various traits.

The NFTs were primarily given to the most active participants of the “Genesis” event, which took place around the HYPE token launch in November 2024.

There are a total of 4,600 NFTs. 4,313 were distributed to Genesis event participants, while the rest were shared among the Hyper Foundation and core project contributors. This was explained in a post on X on Sunday.

The Hyper Foundation’s post stated: “The goal of the Hypurr NFT collection was to share a memento with those who were early believers and contributors to the growth of Hyperliquid. Each NFT, as depicted by Hypurr, reflects the different moods, hobbies, tastes, and quirks of the Hyperliquid community.”