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Hyperliquid Airdrop Season 3

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The Hyperliquid airdrop is back for Season 3, marking the next chapter in one of the most rewarding distribution campaigns in DeFi. Unlike most projects that reward users once and move on, Hyperliquid has structured its airdrop across multiple seasons.

For a full breakdown of all Hyperliquid Airdrop seasons, check our Hyperliquid project page.

Trading on-chain now feels as natural as trading on a centralized exchange, while remaining fully non-custodial. Orders, position management, and liquidity follow the workflows active traders expect. Funds remain under user control, and trades settle directly on-chain ⛓️

Since its launch, Hyperliquid has become one of the most widely used decentralized exchanges, running its own Layer 1, with HyperEVM enabling ecosystem applications alongside spot and perpetual trading. The platform is permissionless and requires no KYC.

From the beginning, the protocol tied ownership to platform usage.

The $HYPE Genesis Airdrop, which took place on November 29, 2024, distributed 31% of the total supply, roughly 310 million $HYPE, making it the largest airdrop in crypto history 🔥

Season 2 followed the same framework, extending distribution based on continued activity.

38.888% of the total $HYPE supply is allocated to community rewards across several seasons.

 

🪂 Hyperliquid Airdrop Season 3 is Live

Recently, Hyperliquid shared an illustrated ecosystem artwork celebrating how far the protocol and its ecosystem have come over the past year, bringing together the exchange, HyperEVM applications, builders, and community layers into a single visual narrative.

In one section of the image shown on the right, two planes stand out. One is already airborne, moving away from the scene. The other is positioned on the ground, with its rear ramp open and stacks of $HYPE tokens placed nearby, as if being prepared for loading 💰

This detail has been widely interpreted as a symbolic reference to distribution timing, suggesting that Season 2 may be nearing completion and that Season 3 is unfolding.

Hyperliquid Airdrop Guide

Hyperliquid Airdrop Season 3

Blockchain HYPE
Rank #9
Total supply 955,307,079
Market Cap $18,287,179,134.00
24h Volume $1,126,938,248.00

Hyperliquid Airdrop Season 3

$82.25 ↑ 0.9%
Season 3 🔥
updated Aug 20th 🪂
$HYPE Airdrop
38.888% Total Supply

Step by step guide Hyperliquid Airdrop Season 3

  1. Access Hyperliquid

     

    Head to the Hyperliquid decentralized exchange app.

    → Connect your EVM wallet to create your account. No KYC required.

    💡 Joining through the AirdropAlert exclusive referral link gives you a 4% trading-fee discount on your first $25 million in volume.

    📖 Wondering whether Hyperliquid is legal in the U.S.? See how the rules look under Trump’s crypto-friendly administration in our full Hyperliquid legal breakdown 🇺🇸

  2. Deposit funds

     

    Navigate to the Portfolio tab, click Deposit, and select your asset and deposit chain. $USDC is the primary trading and margin asset used across the platform.

    → $USDC is the primary trading and margin asset across Hyperliquid.

    → Transfer funds from your wallet or supported exchange before starting.

    💡 If you do not hold crypto yet, you can buy $USDC or another supported asset on Binance, Bybit, Bybit EU (for European users), MEXC, Gate, Kraken, KuCoin, or Bitget. For KYC-free alternatives, BloFin and Bitunix are two well-regarded platforms with a strong reputation.

  3. Use Hyperliquid’s core products

     

    Use Hyperliquid’s core products to earn Season 3 points.

    Spot: Trade crypto assets on the spot market.

    Perpetuals: Trade leveraged markets with up to 50x leverage on selected pairs.

    TradFi: Trade markets linked to indices, commodities, and other traditional assets.

    HIP-3: Access additional perpetual markets created by third-party deployers.

    Outcome Markets: Trade binary markets on real-world events and macro outcomes.

    Pre-launch Markets: Trade selected assets before their full market launch.

    Earn: Put idle assets into available yield products.

    Vaults: Allocate capital to onchain trading strategies.

    Staking: Stake $HYPE with validators to earn staking rewards.

    💡 Your Season 3 points will determine your share of the airdrop allocation. Check More → Points to track your total points, rank, and league.

  4. Use complementary Hyperliquid apps

     

    Extend your activity with automated trading, AI agents, market intelligence, lending, and yield strategies across the ecosystem.

    Automated Trading: Tread.fi · Planemo · HyperFlash

    AI Trading Agents: Senpi AI · TrueNorth

    Trading: HyperSignals · Markets · Paragon · Legend

    Lending & Borrowing: HyperLend · Felix Protocol

    Yield Strategies: Altura · Monetrix · Hyperbeat · Harmonix Finance

    💡 Several of these apps also run their own points or airdrop campaigns, giving you extra reward opportunities while staying active in the Hyperliquid ecosystem.

  5. Earn from referrals

     

    Unlock your own referral code after reaching $10,000 in trading volume.

    → Referrers earn 10% of referred users’ fees, less their referral discount, on each referral’s first $1 billion in volume.

    💡 Referral rewards accrue across supported quote assets and can be claimed from the Referrals page once the balance exceeds $1.

    📌 Hypurr NFT holders receive $HYPE allocations and ecosystem recognition.


* Follow @HyperliquidX on 𝕏 and join the community on Discord to stay in the loop.

📖 Curious about how to maximize rewards with stablecoins? Don’t miss our strategy guide on farming stablecoins with HyperEVM — a practical breakdown of opportunities and methods tailored for yield hunters. Read the full guide 👉 Farm Stablecoins on HyperEVM Strategy

 

 

 

Stay tuned with @AirdropAlertcom 🪂🔥 the original and first-ever Airdrop platform globally, consistently offering premier Airdrop opportunities since 2017 with love 💙 and dedication

Medi
Airdrop Analyst, AirdropAlert
Written by
Medi

Airdrop analyst at AirdropAlert since 2018. Medi has reviewed 80,000+ campaigns, personally tested 13,000+, and published 5,000+ vetted listings — from early social quests and testnets to DeFi, GameFi, trading campaigns, and delta-neutral farming.

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