what's purr?
$PURR is an ERC20 token integral to the HyperLiquid ecosystem, with a market cap under $100M. The project is connected to 8BitPurrs platform and is developing a gaming component. It trades on HyperliquidX and has established itself as one of the ecosystem's original tokens. Currently trading around $0.20, it has an active community and is integrated with other ecosystem tokens like $HYPE and $BUDDY.
Purr hit an all-time high price on February 2, 2026.
contract
hyperliquid
hyperevm
Increased HYPE token holdings by 40% on February 11th, 2026.
Hit all-time high price on February 2, 2026.
Mentioned in Ark Invest report on pages 55-56.
Received initiation research coverage from Cantor Fitzgerald.
A points rewards program on Hyperliquid gave points to PURR spot token holders.
The discount to NAV stands at approximately 20% at $30 HYPE price, with ongoing accumulation activity at these levels and limited market attention to the discount.
PURR shifts strategy to buy back its own stock instead of purchasing HYPE tokens, as the company trades below 1x modified Net Asset Value.
Interactive Brokers offers PURR shares for borrowing through its stock lending program to facilitate short selling. PURR experiences a significant price pullback from earlier levels.
PURR generates $7 million in trading volume on day two, significantly lower than competitor BMNR's $2.5 billion second-day volume.
HypeStrat holds $570M in HYPE tokens as the largest HYPE treasury company.
PURR purchases HYPE tokens.
The Sonnet merger completes with the stock trading 50% higher after accounting for the 1-5 stock split and ticker officially changing to PURR. The company has $265M treasury to buy HYPE tokens and authorization to raise up to $1B for additional HYPE purchases.
The difference between perceived and actual Labs unlocks combined with available dry powder totals approximately half a billion dollars.
Users receive additional PURR tokens from Monad without taking action, indicating an airdrop or distribution event.
The SONN/PURR merger includes a partial onchain TWAP mechanism for 300M cash, with December 2, 2025 as the target date for completion.
The token structure has no team unlocks.
Partnership with districtxyz to build IP tokenization rails on Base blockchain, covering tokenization, distribution, creator rewards, and market infrastructure.
The merger vote was rescheduled, causing traders to view this as problematic governance and abandon positions in favor of competing projects.
Post-Binance listing, PURR receives zero bids in trading.
Binance US launches PURR trading with PURR/USDT pair and Hyperliquid Network deposit/withdrawal support.
Deposits for PURR are now open and trading on the PURR/USDT pair begins on November 13 at 8 PM EST.
The Hyperliquid team tests BLP on Hypercore testnet, a native borrowing and lending market that supports PURR and USDC with borrowing and supplying functions.
Three whale addresses holding 6.067M HYPE (~$238M) transferred all tokens to newly created wallets, suspected to belong to Paradigm-affiliated Rorschach I LLC preparing to fulfill $200M+ HYPE contribution requirement to PURR ahead of the merge.
A trader warns to mute anyone shilling PURR and other hype memecoins as hype betas on Hyperliquid.
HIP-5 governance proposal allows HYPE stakers to direct up to 5% of Hyperliquid protocol trading fees toward purchases of PURR and other Strict List tokens through on-chain voting. Current market cap stands at $69M, down from $140M in late September.
The Hyperliquid Assistance Fund bought 0.5% of PURR supply earlier this year.
Bobby Diamondhands has $200-300M earmarked to buy by year end, with a recently filed S1 showing potential $1B backing and a shareholder vote scheduled for November 18.
Unit plans to buy PURR in November, with PURR formerly known as SONN.
PURR trades at $140M market cap and leads the HYPE ecosystem following the launch of 4,600 Hypurr NFTs with a $60K floor price.
Traders report PURR holders received HYPE token airdrops with timing aligned to Season 3 points reset and NFT launch, driving cat NFT purchases based on perceived correlations.
A trader reports taking advantage of a buying opportunity today as the price returned to the $0.15 level.
PURR reached a market cap exceeding $300M on Hyperliquid before declining from that peak level.
PURR airdrops valued at over $5k were distributed to DeFi Ed subscribers, while related cat NFTs are selling for approximately $80k with speculation of $500k targets.
PURR token is now available for spot trading on Hyperliquid exchange, positioned below HYPE token, though trading activity appears limited.
Significant holder exits 10% position, citing bearish scenarios for PUMP token and targeting 6.5B FDV for re-entry.
Major rebranding initiative transforms DAVE to PURR and DIME to HYPE, while consolidating Money Badgers and Shizopunks collections into Hypurrs.
Token price increases 19.5% following ecosystem partner HYPE's all-time high.
Unit acquires UPUMP ticker for upcoming PUMP token launch while implementing TWAP buy strategy on HYPE, funded through BTC, ETH, and SOL sales.
Large holders actively accumulating through systematic TWAP orders.
Token experiences 42% price decline, marking largest percentage drop among tracked cryptocurrencies.
Token launches spot trading and deposits on Hyperintern exchange.
SwissBorg becomes first major CeFi platform to integrate with Hyperliquid ecosystem, enabling direct trading without bridging.
Token emerges as leading performer among HYPE memes while HyperEVM reaches ATH in daily addresses, indicating strong ecosystem-wide momentum.
Token reaches new ATH with 35% daily gain and $200M market cap, marking significant growth from previous $55M valuation.
Major whale exits $50M position in Hyperliquid, holding 33 tokens valued at $10 each, indicating potential market pressure on large holders.
Token surges 22% amid increased HyperEVM activity and buying pressure.
Parent token reaches new ATH, signaling potential ecosystem-wide momentum across hypercore and hyperevm platforms.
Token held by airdrop whales shows 77% retrace while parent ecosystem token approaches ATH.
Active buyback program averaging $2M daily from real fees continues while market cap ($55M) remains well below ATH ($420M).
Hyperliquid EVM platform shows increasing adoption at $67M valuation.
HyperSwap offers 90% APR for liquidity providers with additional point rewards.
Hyperliquid implements fee discounts on April 30th, creating potential buy pressure from market makers and active traders.
New lending market opens with 30% LTV and 200K borrow limit for PURR/USDXL pair.
Currently trading around $0.15-0.30, with discussions of potential for significant upside after HyperEVM release.
Mentioned in 2024 airdrops review, with discussion about selling below snipe candle.
Part of HL ecosystem experiencing first blow-off top, with suggestions to bid at -77% levels around 50m.
Hit new ATH. GCR joined PURR. HIP2 liquidity provider stops placing asks above $0.50. Trading on Hyperliquid.
Price action noted with target of $1bn market cap.
Spot trading pair on Hyperliquid seeing increased buying activity post-airdrop.
Listed among top 3 coins on Hyperliquid spot with market cap of $138M.
Price breaking 25 cents.
Added to perpetuals on HL testnet, seeing increased volume above 0.18 price level with significant token burns.