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An airdropped Hypurr NFT (non-fungible token) fetched one investor $467K whereas a $400K hack has hit the Hyperliquid ecosystem.
The gathering, comprising 4,600 NFTs, was launched on the HyperEVM mainnet on Sunday, with the ground value for the digital belongings hovering above $70K and buying and selling quantity across the NFTs surging to hundreds of thousands of {dollars}.
Hypurr NFTs Launched To Reward Early Hyperliquid Backers
Hyperliquid confirmed the launch of the NFTs in a current X publish, and stated the aim behind the initiative is to “share a memento with those that believed in and contributed early on to Hyperliquid’s progress.”
Hypurr NFTs have been deployed on the HyperEVM.
Members had the chance to choose in to obtain a Hypurr NFT after the HyperEVM went dwell as a part of the Genesis Occasion in November 2024. The HyperEVM launched in February 2025 as the final programmability interface to the…
— Hyper Basis (@HyperFND) September 28, 2025
“Every NFT is exclusive and captures the totally different moods, hobbies, tastes, and quirks of the Hyperliquid group, as depicted by Hypurr,” the venture stated within the publish.
The NFTs had been distributed to contributors of Hyperliquid’s Genesis Occasion that came about final November, when the venture launched its native HYPE token.
4,313 NFTs had been allotted to contributors of the occasion, whereas 144 Hypurr NFTs went to the Hyper Basis. The remaining 143 NFTs had been despatched to builders and artists.
Investor Sells Hypurr NFT For $467K
The ground value for the NFTs has skyrocketed to 1,578 HYPE, in response to knowledge from OpenSea. With the token buying and selling at $47.73 as of 4:42 a.m. EST, this equates to round $75.31K.
The entire buying and selling quantity for the gathering has additionally soared to 1.3 million HYPE, which is greater than $62 million at present costs.
HYPE’s value has additionally jumped over 7% within the final 24 hours, knowledge from CoinMarketCap exhibits.
Hypurr NFT assortment overview (Supply: OpenSea)
There have, nevertheless, already been gross sales properly above the ground value for Hypurr NFTs. The Hypurr #21 NFT with extraordinarily uncommon “Knight Ghost Armor” and “Knight Helm Ghost” traits went for $467K on Sunday.
Demand for the gathering was additionally excessive earlier than the NFTs had been even formally launched. DripTrade knowledge exhibits that sure belongings from the gathering had been offered for as a lot as $88K by means of OTC (over-the-counter) desks earlier this month.
These trades had been made potential by means of DripTrade’s OTC system, which supplies consumers and sellers a solution to agree on a set sale value earlier than launch. Sellers are then required to meet the commerce inside seven days of receiving the NFT, or they’ll forfeit the collateral that they put ahead as a part of the settlement.
One X consumer, DidiTrading, revealed that they acquired a Hypurr NFT, however stated that they’ll “give the market a while to seek out equilibrium” earlier than promoting the airdropped digital asset.
Nonetheless, the excessive costs for the NFTs, that are basically distinctive digital photos of cats that had been distributed free of charge, has drawn criticism on-line, particularly amid the worldwide cost-of-living disaster.
One X consumer, MoonOverlord, stated that Crypto Twitter (CT) “is known as a particular place in hell,” and criticised recipients of the NFTs who had been posting their $50K digital belongings they acquired free of charge whereas the typical particular person is “struggling to get by or purchase groceries.”
CT is known as a particular place in hell
Common particular person struggling to get by or purchase groceries and you’ve got folks posting their $50,000 hyperliquid cat NFTs they obtained free of charge
— moon (@MoonOverlord) September 28, 2025
Amid the backlash, there have additionally been questions across the precise utility of the NFTs. That is after the staff stated in an official doc that “Hypurr NFTs might infrequently be related to sure advantages, options, or entitlements (‘Utility’), however no Utility is promised or assured beneath these Phrases.”
The launch of the NFTs has additionally sparked debate about whether or not it might revive the NFT market after years of stagnation following its 2021 peak.
Hacker Steals $400K Price Of Hypurr NFTs
Whereas some acquired Hypurr NFTs for taking part in Hyperliquid’s Genesis Occasion, one unhealthy actor managed to come back by eight of the digital belongings by hacking into a number of wallets.
> Hypurr NFT
> The official Hyperliquid collectible in 2025
> Hyperliquid is perp buying and selling targeted chain.
> HyperEVM launches Feb 18, 2025.
> Deploy 4,600 distinctive NFTs on HyperEVM.
> Most NFTs to Genesis customers, relaxation to basis and contributors
> Ground value hits $150K… pic.twitter.com/jB6nWwz4Ku
— Param (@Param_eth) September 28, 2025
In accordance to well-known on-chain sleuth ZachXBT, the hacker stole the NFTs by means of compromised wallets and profited round $400K.
In line with the HyperEVM blockchain scanner HyperEVMScan, the hacker has a stability of simply over 3.8 HYPE tokens, valued at round $185.53. This stability consists of holdings in Lilly (Lilly), USD Coin (USDC) and two Hypurr NFTs.
The 2 NFTs are Hypurr #2485 and Hypurr #3800, in response to the blockchain knowledge.
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