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Reading: Hypurr NFT Fetches $467K As $400K Hack Worry Hits Hyperliquid
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Blockchain

Hypurr NFT Fetches $467K As $400K Hack Worry Hits Hyperliquid

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Last updated: October 5, 2025 2:47 am
Editor
Published: October 5, 2025
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Hypurr NFT Fetches 7K As 0K Hack Worry Hits Hyperliquid


Contents
  • Hypurr NFTs Launched To Reward Early Hyperliquid Backers
  • Investor Sells Hypurr NFT For $467K
  • Hacker Steals $400K Value Of Hypurr NFTs
    • Associated Articles:

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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 thousands and thousands of {dollars}. 

Hypurr NFTs Launched To Reward Early Hyperliquid Backers

Hyperliquid confirmed the launch of the NFTs in a current X put up, and mentioned the objective 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.

Individuals 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 overall programmability interface to the…

— Hyper Basis (@HyperFND) September 28, 2025

“Every NFT is exclusive and captures the completely different moods, hobbies, tastes, and quirks of the Hyperliquid group, as depicted by Hypurr,” the venture mentioned within the put up. 

The NFTs had been distributed to individuals of Hyperliquid’s Genesis Occasion that befell final November, when the venture launched its native HYPE token. 

4,313 NFTs had been allotted to individuals 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 information 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 full 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, information from CoinMarketCap exhibits.

Hypurr NFT overview

Hypurr NFT assortment overview (Supply: OpenSea)

There have, nonetheless, already been gross sales nicely 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 information exhibits that sure belongings from the gathering had been offered for as a lot as $88K via OTC (over-the-counter) desks earlier this month. 

These trades had been made attainable via DripTrade’s OTC system, which provides consumers and sellers a approach 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 may forfeit the collateral that they put ahead as a part of the settlement. 

One X consumer, DidiTrading, revealed that they obtained a Hypurr NFT, however mentioned that they may “give the market a while to search out equilibrium” earlier than promoting the airdropped digital asset. 

Nonetheless, the excessive costs for the NFTs, that are basically distinctive digital footage of cats that had been distributed at no cost, has drawn criticism on-line, particularly amid the worldwide cost-of-living disaster.

One X consumer, MoonOverlord, mentioned that Crypto Twitter (CT) “can be a particular place in hell,” and criticised recipients of the NFTs who had been posting their $50K digital belongings they obtained at no cost whereas the common individual is “struggling to get by or purchase groceries.”

CT can be a particular place in hell

Common individual struggling to get by or purchase groceries and you’ve got individuals posting their $50,000 hyperliquid cat NFTs they bought at no cost

— moon (@MoonOverlord) September 28, 2025

Amid the backlash, there have additionally been questions across the precise utility of the NFTs. That is after the crew mentioned in an official doc that “Hypurr NFTs might every so often be related to sure advantages, options, or entitlements (‘Utility’), however no Utility is promised or assured below 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 Value Of Hypurr NFTs

Whereas some obtained Hypurr NFTs for collaborating in Hyperliquid’s Genesis Occasion, one unhealthy actor managed to return 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

> Flooring 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 via compromised wallets and profited round $400K. 

In response to the HyperEVM blockchain scanner HyperEVMScan, the hacker has a stability of simply over 3.8 HYPE tokens, valued at round $185.53. This stability contains 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 information. 

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Reading: Hypurr NFT Fetches $467K As $400K Hack Worry Hits Hyperliquid
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