What is the Hyperliquid Airdrop? (February 2026 Updated)

HyperEVMPerpetual DEX (L1)Points ProgramFebruary 2026

TL;DR
Q: What is Hyperliquid?
A: Hyperliquid is a custom Layer 1 blockchain purpose-built for perpetual futures trading. It processes the highest daily volume of any decentralized exchange and rewards users with daily points for HLP vault deposits and trading volume.
Q: Is the Hyperliquid airdrop confirmed?
A: Status: Points Program. Token: Yes (HYPE). TVL: $1.5B+. Chain: HyperEVM.
Type
Perpetual DEX (L1)
Chain
HyperEVM
Token Confirmed?
Yes (HYPE)
TVL
$1.5B+
Status
Points Program
Bridge
Hyperliquid Bridge (Arbitrum)

Overview

Hyperliquid is a custom Layer 1 blockchain purpose-built for perpetual futures trading. It processes the highest daily volume of any decentralized exchange and rewards users with daily points for HLP vault deposits and trading volume.

The airdrop is expected to reward users for Trading perpetual futures on the Hyperliquid DEX and Depositing USDC into the HLP (Hyperliquid Liquidity Provider) vault.

How FarmDash Tracks Hyperliquid

FarmDash reads your account equity and open positions from the Hyperliquid clearinghouse API and estimates daily point accrual.

Eligibility Actions

  1. Trading perpetual futures on the Hyperliquid DEX
  2. Depositing USDC into the HLP (Hyperliquid Liquidity Provider) vault
Check Your Hyperliquid Eligibility on FarmDash →

See also: Step-by-Step: How to Qualify for the Hyperliquid Airdrop