Hyperlend is about to have TGE, HPL token distribution plan revealed

2026-01-20 05:28:10

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【Blockchain Rhythm】Hyperliquid’s lending protocol Hyperlend is making big moves. The project team announced that TGE will be launched soon, introducing the governance token HPL. After the TGE is completed, staking and locking functions will also go live.

Regarding token distribution, although the total supply has not been announced yet, the economic design has been finalized: ecosystem growth and incentives will receive the largest share at 30.14%, genesis distribution accounts for 25%, core contributors will get 22.5%, strategic investors will receive 17.36%, and the remaining 5% will be used for liquidity.

From this distribution ratio, the project focuses on ecosystem incentives and early participants, which also aligns with Hyperliquid’s current expansion pace in the derivatives ecosystem. After the staking function goes live, the application scenarios for the token should become clearer.

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