Purr (PURR)
Unlock Schedule
Purr (PURR) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Purr (PURR) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence PURR price performance.
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, distribution, and burns
Purr tokenomics are simple. The max supply was set at 1,000,000,000 PURR. At launch, 50% was allocated to points holders and 50% to HIP‑2. Before trading began, Hyperliquid burned 400 million of the HIP‑2 allocation and set 100 million as the final permanently committed liquidity, reducing the live supply base to 600 million. PURR is deflationary: trading fees paid in PURR are burned, which means the supply can decrease over time with activity. This “burn‑as‑you‑trade” model is one of the key pillars people consider when discussing Purr tokenomics and long‑term supply pressure. (protecc.xyz)
Utility by design
The PURR token was launched with no planned utility beyond trading and community fun. That minimalism is the point. PURR’s purpose is to be a simple, native token that shows off Hyperliquid’s tech—an on‑chain order book, protocol liquidity, and fast settlement. As the Hyperliquid ecosystem grows, projects may choose to reference PURR in their apps or distributions, but PURR itself is not positioned as a governance, staking, or revenue‑sharing token. (gateex.org)
Assumptions
- HIP-2 liquidity tokens are treated as circulating at TGE.
HIP-2 places always-on quotes on the on-chain order book; tokens are immediately tradable and not time-locked.
- Of the original 500M HIP-2 allocation, 400M PURR were burned shortly after launch; remaining HIP-2 balance modeled as 100M.
Multiple reports and ecosystem dashboards indicate a post-launch burn reducing the HIP-2 allocation by 400M; exact on-chain burn timestamp is not formally documented in docs.
- Ongoing trading-fee burns in PURR reduce total supply over time but are not modeled as unlocks.
HIP-1 fee rules direct the non-deployer portion of spot fees in base tokens to burns; this is a negative issuance mechanism, not a release into circulation.
- No team/treasury/investor allocations or sales exist for PURR.
Official materials and exchange/analytics summaries consistently describe no presale and no planned utility; only the airdrop and HIP-2 were initialized.
- Genesis date set to 2024-04-16 as the token generation and spot trading open.
Primary reporting and timeline resources indicate claims deadline by April 13, 2024 and spot trading live April 16, 2024.
- 1. https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-1-native-token-standard
- 2. https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-2-hyperliquidity
- 3. https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees
- 4. https://www.theblockbeats.info/en/flash/247279
- 5. https://coinmarketcap.com/currencies/purr/
- 6. https://www.geckoterminal.com/hyperliquid/pools/0xfc760b168211659961d1e5c0dfa67344
- 7. https://trysuper.co/blog/hyperliquid-meme-coins
- 8. https://research.despread.io/report-hyperliquid/
- 9. https://airdroparchive.com/projects/purr/
Allocations
Description
#406
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 |