Binance included the Hyperlane (HYPER) token in its HODLer Airdrops program and listed it on spot trading. HYPER became the 15th project in the exchange’s initiative to support long-term BNB token holders.
Trading of the new asset began on April 22 at 13:00 UTC. The platform distributed 20 million HYPER to users who subscribed to Simple Earn products (both flexible and locked) or participated in On-Chain Yields.
As part of the airdrop, the project team distributed 2.49% of the total genesis pool of 802.67 million tokens. At the time of listing, 175.2 million HYPER were in circulation — 21.83% of the total initial supply.
HYPER Listing Details
HYPER became available for trading in pairs with USDT, USDC, BNB, FDUSD, and TRY. Deposits opened one hour before trading started, and trading began on Binance Alpha at 11:10 UTC. After the launch of spot trading, the token was removed from the Alpha interface.
In addition to Binance, the listing of the new token was also confirmed by MEXC, KuCoin, Bybit, and Gate.io.
TGE Campaign and Tokenomics
Before the listing, Binance held an exclusive token subscription through Binance Wallet: 20 million HYPER were offered at a price of $0.03, with an expected raise of $600,000. It was reported that tokens have already been transferred to the spot accounts of participants.
According to project data, the maximum supply of HYPER is capped at 1 billion tokens. Annual inflation will be 8 million HYPER. Token contracts are deployed on BNB Chain and Ethereum.
The tokenomics allocates 57% of tokens to the community, fully unlocked at the time of distribution. The remaining 43% are reserved for the team, investors, and the foundation, subject to a 12-month vesting period.
About the Hyperlane Project
Hyperlane is a permissionless interoperability infrastructure for cross-chain communication, enabling the transfer of data and assets across any blockchain, including EVM networks, Solana, and the Cosmos ecosystem. Users and developers can independently deploy Hyperlane on any chain without coordination with centralized entities.
Key components of the system include:
- Mailboxes — contracts for sending and receiving messages across chains;
- Interchain Security Modules (ISM) — a modular system for transaction verification;
- Relayers — participants who deliver messages between networks;
- Warp Routes — tools for transferring tokens and NFTs between blockchains;
- Interchain Gas Payments — a mechanism for paying gas fees on other chains;
- Interchain Accounts and Queries — managing accounts and data requests across chains.
The network currently supports over 140 blockchains and is integrated with projects such as DIA, Treasure, Velodrome, Elixir, Stride, and others. Thanks to its openness and modular architecture, Hyperlane is gaining momentum in both DeFi and Web3 gaming, interchain governance, and next-gen applications.
You can claim the airdrop via the provided link.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.