HyperSwap Announces Economics of SWAP Tokens: 25% Will Be Used for Community Genesis Distribution
2025-10-20 02:13:16
HyperSwap, a DEX protocol based on the Hyperliquid network, has released the economics of SWAP tokens. The total supply of SWAP tokens is capped at 100 million, and TGE will launch on October 20. 25% will be used for community genesis distribution (fully unlocked), 25% will be used for investor genesis distribution (fully unlocked), 25% will be used for future liquidity mining issuance (of which 15 million tokens will be linearly unlocked within 36 months, and the remaining 10 million tokens will be linearly unlocked within 12 months), 8% will be allocated to existing and future core contributors (cliff unlocked in 12 months, linearly unlocked in the next 1 year), 10% will be used for future trading activities Airdrop (unlocked after 6 months), 3% will be allocated to the advisory team (linearly unlocked 1 year after genesis), 2.5% will be used for HyperSwap liquidity pool, 1.5% will be used for HIP-2. The next 25% of the token issuance will be allocated in the form of xSWAP, a restricted version of SWAP tokens. XSWAP can be exchanged for SWAP at a 1:1 ratio after a maximum 6-month lock-up period.
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