Hyperliquid Ecological Exploration (2): Interpreting Hypurr's Top Token Data and Narrative

Original | Odaily Planet Daily (@OdailyChina)

Author | Nan Zhi (@Assassin_Malvo)

After FARM ignited the Hyperliquid ecosystem Pump-like platform Hypurr, Hyperliquid spot auctions have become increasingly hot, soaring from 180,000 US dollars to a peak of 970,000 US dollars, with the latest closing price of 360,000 US dollars.

In the previous article ‘Hyperliquid Ecological Wind: A Quick Guide to Pump-like Platform Hypurr’, we introduced how to participate in trading on the Hypurr platform. In this article, we will take stock of the token data and concepts with a market capitalization greater than $1 million in the Hypurr platform’s history (including tokens listed on Hyperliquid). We will explore mainstream narratives and price patterns, and only list some smaller market cap pure Meme tokens in the table without further introduction in the text.

FARM (Hyperliquid spot trading is live)

Basic Information

Data: current market value 25 million US dollars, highest market value 45 million US dollars.

Social Media Account: X Account (

Project narrative

AI creation cultivation and competitive games. In the first stage, users create AI creations through the platform, and FARM token holders can vote to determine which creations can survive permanently. The winners will receive FARM token rewards.

In the second stage, the progeny cultivation mode will be started based on the surviving AI creations, and then the competitive content of the creations will be opened in the third stage.

HYENA (already launched Hyperliquid spot)

Basic Information

Data: current market value 932 million US dollars, highest market value 932 million US dollars.

Social media account: X account（

Project Narrative

Pure Meme, without any application or specific narrative.

CAT (Hyperliquid spot trading is online)

Basic Information

Data: current market value 8 million USD, highest market value 18 million USD.

Social media account: X account（

Project Narrative

Pure Meme, which has failed to auction spot listing qualifications twice and plummeted (falling by about 90%), is one of the few tokens in the new ecosystem that has experienced large fluctuations.

BEATS AI

Basic Information

Data: Current market value is $3.79 million, highest market value is $5.9 million.

Social media account: X account (beatsai)

Project Narrative

According to the official roadmap, Beats Foundation is developing into a comprehensive AI content platform that supports the creation, management, and distribution of AI-generated creative content. Its goal is to establish an ecosystem where AI artists can develop, collaborate, and engage audiences through automated content generation and management tools.

Currently, the official has launched an AI-based music creation platform, which has created about 1200 AI-based music.

HYRO

Basic Information

Data: current market value is 2.07 million USD, highest market value is 3.52 million USD

Social media account: X account (

Project Narrative

HYRO plans to create a content series centered around the ‘liquid hero’ character, consisting of four modules including animated shorts, daily updates, PFP series, and animated dramas, but there are currently no concrete products available.

! [Hyperliquid Ecological Exploration (2): Interpreting the Data and Narrative of Hypurr’s Head Token] (https://piccdn.0daily.com/202412/23030532/puuuihvltcmej5np.png!webp)

HCR

Basic Information

Data: Current market value is $1.11 million, with a maximum market value of $1.70 million.

Social media account: X account（

Project Narrative

According to the official explanation, HCR is an X account owned by autonomous AI. It is based on the ‘Legendary GCR’ (referring to the legendary trader GCR) and adds Hyperliquid technology and API framework.

But after the author checked the X account, the account only discusses the HYPE and HCR tokens from a positive and subjective perspective, rather than an objective evaluation like a “trader”.

OILY

Basic Information

Data: Current market value is $1.08 million, highest market value is $2.17 million.

Social media account: X account (

Project Narrative

No products, just meme characters.

LUNA

Basic Information

Data: current market value is 970,000 US dollars, highest market value is 1,640,000 US dollars

Social Media Account: X Account (

Project Narrative

AI Agent role, currently able to respond to users on the X platform, but without any special functions beyond conversation. The official statement says it will “migrate to an improved custom model and add more features”.