[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![hypingbull Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1653010097382072321.png) HypingBull [@hypingbull](/creator/twitter/hypingbull) on x 2804 followers
Created: 2025-07-26 15:01:00 UTC

HYPERSWAP AIRDROP MATH

HyperSwap @HyperSwapX points program is coming to an end in a couple of days. Now we can talk about TGE, project valuation, and potential airdrop size.

- Total points distributed: XX XXX XXX (mentioned in docs)
- Airdrop percent: unknown.

Let's take Uniswap DEX as a base for the math. Currently, Uniswap is trading at FDV = 2xTVL. That's a pretty high valuation. We can also use KittenSwap as a reference. KS was trading at FDV = 1xTVL after TGE. So we can expect HyperSwap to trade between 1x - 2x FDV/TVL.

I expect HyperSwap FDV to be between 90M and 130M after TGE. 

The airdrop percentage can be as high as XX% or even higher in a bullish scenario. This sets the value per point between XXXX USD and XXXX USD.

Of course, if the airdrop percentage is XX% the numbers will be even better. But I don't think HyperSwap will surprise us with a large airdrop share. Hope I am wrong...

If you have been farming Hypoerswap points since the beginning, you are in good shape. The DEX holds #1 on HyperEVM by TVL and is printing a lot of fees. The rewards will be huge...  

#Hyperliquid

![](https://pbs.twimg.com/media/GwyhUr6X0AA6OTW.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949122789408899525/c:line.svg)

**Related Topics**
[uniswap](/topic/uniswap)
[tge](/topic/tge)
[hyperswapx](/topic/hyperswapx)
[hyperswap](/topic/hyperswap)

[Post Link](https://x.com/hypingbull/status/1949122789408899525)