Hyperliquid has launched its highly anticipated Hypurr NFT collection, drawing immediate attention from traders and collectors alike. Released on the HyperEVM mainnet, the 4,600-piece collection has already generated nearly $45 million in trading volume and set a floor price hovering around $68,900.
The Hypurr collection was created to honor early supporters of Hyperliquid, a decentralized perpetuals trading platform. According to the Hyper Foundation, each NFT was designed as a “memento” that reflects the diverse moods, hobbies, and quirks of its community.
Hypurr NFTs have been deployed on the HyperEVM.
— Hyper Foundation (@HyperFND) September 28, 2025
Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the…
Distribution of the NFTs was closely tied to Hyperliquid’s earlier milestones. During the project’s genesis event last November, when its native HYPE token launched, 4,313 Hypurr NFTs were allocated to participants. An additional 144 went to the Hyper Foundation, while 143 were reserved for developers and artists involved in the project.
Trading activity began just after midnight on Sunday and quickly surged. Data from OpenSea shows that the collection has already seen nearly 952,000 HYPE traded, equivalent to around $45 million. The most eye-catching sale so far is Hypurr #21, which sold for 9,999 HYPE—roughly $470,000.
At present, the collection’s floor price sits at 1,463 HYPE (about $68,930). While demand is strong, questions remain about the NFTs’ long-term role. The Hyper Foundation has clarified that while Hypurr may occasionally offer benefits or features, no specific utility is guaranteed.
The launch has sparked fresh debate about whether NFTs are poised for a resurgence after cooling off since their 2021 boom. Meanwhile, Hyperliquid’s native token, HYPE, has climbed 4.65% in the past 24 hours, trading at $47.14.
