Why are we sidelined holding Solana when Hyperliquid is going up 10% a day?
Today I created $HYPE on Solana — where all fees are airdropped to users. We built a full order book, just like Hyperliquid, with every transaction on-chain so holders have 100% transparency and no solid base to FUD.
The contract is verifiable on Solscan: every holder has a 100% guaranteed right to the airdrop — the dev team (me) has zero control over the fees.
Every cycle, pump.fun creator rewards are claimed, swapped into $HYPE, and streamed pro-rata to the top 50 holders. Fees come out of the claim — what you see here is what landed on-chain.
The engine turns pump.fun creator rewards into a recurring, pro-rata HYPE airdrop to the people who hold the project token — fully on-chain, with distribution fees paid out of each cycle's own claim.
Each cycle claims the pump.fun creator fees accrued to the project wallet, as SOL.
It reads the current top-50 holders of the project token and freezes that list before buying. Pools, the bonding curve, and team wallets are excluded.
Before spending anything, it computes the exact cost to distribute and sets that SOL aside. The buy is claim − fees, so the engine never bleeds outside funds.
The remaining SOL is swapped into HYPE via Jupiter at the best available route.
HYPE is sent to the 50 holders, weighted by how much of the project token they hold. Bigger holder, bigger share — every transfer confirmed on-chain.
Each holder's share is their fraction of the snapshot total. Largest-remainder rounding means the allocations sum to exactly what was bought — no dust left over, no overspend.
Sending a token to a new wallet needs a token account that costs ~0.00204 SOL of rent — the unavoidable floor of any airdrop. The engine only pays it for wallets that don't already hold HYPE, batches ~7 transfers per transaction, and uses a near-zero priority fee since sends aren't a race.
Distribution cost is measured up front and subtracted from the claim. If a claim is too small to cover its own fees, the cycle is skipped and the rewards roll into the next one.
Every cycle writes a full report — claimed, reserved, bought, distributed, and each transaction signature. This dashboard just reads those reports. Click any tx to verify it on the explorer.
The bigger your position in the project token at snapshot time, the bigger your slice of every HYPE distribution. Rewards compound to the holders who stay.