Unlock Schedule
Purr (PURR) Token Unlock & Vesting Schedule
As of November 7, 2026, 600 million of the 1 billion PURR (60.00%) have been released. No further releases are scheduled; the schedule was fully unlocked on April 16, 2024.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply and distribution
PURR’s launch began with a ceiling of one billion tokens that cannot increase. The allocation announced for mainnet was straightforward: 500 million for points holders, 100 million committed to HIP-2 and 400 million burned. The burn removed those 400 million from the supply at launch. The remaining tokens had different roles: one portion went to users, while the other supported orders on the native spot market. (t.me)
HIP-1 allows supply to fall through token-denominated spot fees and other burns. Under Hyperliquid’s fee rules, the portion of a native token’s trading fees that is directed to burning is removed from supply. This is why PURR is often described as deflationary. A burn changes how many tokens exist; it does not, by itself, give a holder a payment or a claim on Hyperliquid’s income. (hyperliquid.gitbook.io)
PURR’s direct uses are holding, sending and spot trading. The token also serves as a recognizable community asset associated with Hyperliquid’s first HIP-1 launch. HYPE has a different job: Hyperliquid uses HYPE in its staking system, and HYPE is the gas token for HyperEVM. A PURR balance therefore represents ownership of PURR, rather than a stake in network validation. (hyperliquid.gitbook.io)
Assumptions
Purr’s documented positive releases happened at its April 16, 2024 launch: 500 million tokens went to points holders and 100 million were committed to HIP-2 order-book liquidity. Hyperliquid said the other 400 million tokens originally planned for HIP-2 would be burned, rather than released. The chart shows the two dated genesis distributions, not today’s net supply; a verifiable current total and the cumulative effect of later burns remain unavailable from the consulted primary sources.
- 1. https://t.me/s/hyperliquid_announcements?after=151
- 2. https://t.me/s/hyperliquid_announcements?before=177
- 3. https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-1-native-token-standard
- 4. https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-2-hyperliquidity
- 5. https://hypurrscan.io/token/0xc1fb593aeffbeb02f85e0308e9956a90
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 1 market on Hyperliquid · $11.4M open interest
 MEXC (CEX) | 64K | 458/128 |
Allocations
Description
#383
Purr is the first HIP-1 native token on the Hyperliquid L1 blockchain. It was launched with no sale and no planned utility, primarily serving as a way for users to engage with the Hyperliquid ecosystem and benefit from its growth.
| Sector: | Meme |
| Blockchain: | Hyperliquid |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 1 market on Hyperliquid · $11.4M open interest
MEXC (CEX) | 64K | 458/128 |