Hyperliquid airdrop guide claim tokens fast
To participate in the distribution, connect your non-custodial wallet to the platform before the snapshot date. Eligible addresses must hold a minimum of 0.05 ETH or equivalent in supported assets. Miss the cutoff, and you’re out–no exceptions
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Gas fees spike during high demand. Schedule transactions between 1-3 AM UTC for lower costs. Track real-time rates using Etherscan’s gas tracker. Overpaying wastes funds; underpaying risks failed transactions.
Third-party tools promise shortcuts but often compromise security. Verify contract addresses manually–scammers clone legitimate interfaces. Cross-check with the project’s official Telegram or GitHub. If it’s not in the pinned messages, it’s probably fake.
Staking multipliers exist but decay over time. Locking assets for 30 days yields a 1.5x boost, dropping to 1.2x after 60 days. Calculate whether the extra tokens justify illiquidity. For most, the sweet spot is 45 days.
Tax obligations vary by state. Texas treats these distributions as income; Florida doesn’t tax them. Document transaction hashes and fair market values at receipt. TurboTax’s crypto module handles Form 8949 automatically.