HyperSwap announced the SWAP token's Genesis on HyperEVM and HyperCore with a 100 million max supply, allocating 25% to the community, 25% to investors, 25% to liquidity mining, and committing 75% of product revenue to buy back SWAP.
On TGE day, 25,000,000 SWAP tokens were airdropped directly to eligible HyperEVM wallet addresses via TokenTable, fully unlocked with no manual claim required; an additional 10,000,000 tokens were reserved for a future trading-activity airdrop.
HyperSwap, described as the first native DEX on HyperEVM, announced its Beta was live on the HyperEVM mainnet (HyperEVM itself launched on mainnet the same day), enabling swaps, liquidity provision, and points accrual at app.hyperswap.exchange.
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