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

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Hypurr NFTs Launched To Reward Early Hyperliquid Backers Investor Sells Hypurr NFT For $467K Hacker Steals $400K Price 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 worth 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 mentioned the objective behind the initiative is to “share a memento with those that believed in and contributed early on to Hyperliquid’s development.”

Hypurr NFTs have been deployed on the HyperEVM.
Individuals had the chance to choose in to obtain a Hypurr NFT after the HyperEVM went reside 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 completely different moods, hobbies, tastes, and quirks of the Hyperliquid group, as depicted by Hypurr,” the mission mentioned within the publish.

The NFTs have been distributed to members of Hyperliquid’s Genesis Occasion that happened final November, when the mission launched its native HYPE token.

4,313 NFTs have been allotted to members of the occasion, whereas 144 Hypurr NFTs went to the Hyper Basis. The remaining 143 NFTs have been despatched to builders and artists.

Investor Sells Hypurr NFT For $467K

The ground worth for the NFTs has skyrocketed to 1,578 HYPE, in accordance with 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 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 worth has additionally jumped over 7% within the final 24 hours, knowledge from CoinMarketCap exhibits.

Hypurr NFT Fetches 7K As 0K Hack Concern Hits Hyperliquid

Hypurr NFT assortment overview (Supply: OpenSea)

There have, nonetheless, already been gross sales nicely above the ground worth 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 have been even formally launched. DripTrade knowledge exhibits that sure belongings from the gathering have been offered for as a lot as $88K by OTC (over-the-counter) desks earlier this month.

These trades have been made doable by DripTrade’s OTC system, which provides patrons and sellers a approach to agree on a set sale worth 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 mentioned 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 primarily distinctive digital photos of cats that have been distributed free of charge, has drawn criticism on-line, particularly amid the worldwide cost-of-living disaster.

One X consumer, MoonOverlord, mentioned that Crypto Twitter (CT) “is mostly a particular place in hell,” and criticised recipients of the NFTs who have been posting their $50K digital belongings they acquired free of charge whereas the typical individual is “struggling to get by or purchase groceries.”

CT is mostly a particular place in hell
Common individual 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 group mentioned in an official doc that “Hypurr NFTs might on occasion 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 may 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 centered chain.
> HyperEVM launches Feb 18, 2025.
> Deploy 4,600 distinctive NFTs on HyperEVM.
> Most NFTs to Genesis customers, relaxation to basis and contributors
> Flooring worth 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 compromised wallets and profited round $400K.

In line with the HyperEVM blockchain scanner HyperEVMScan, the hacker has a steadiness of simply over 3.8 HYPE tokens, valued at round $185.53. This steadiness contains holdings in Lilly (Lilly), USD Coin (USDC) and two Hypurr NFTs.

The 2 NFTs are Hypurr #2485 and Hypurr #3800, in accordance with the blockchain knowledge.