Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

Hyperliquid’s ecosystem continues to thrive as the HYPE token rallies, with the official Hyperliquid NFTs, dubbed Hypurr NFTs, following suit with a fresh over-the-counter (OTC) all-time high price.

Hypurr NFTs were offered to the top 5,500 users based on points earned on Hyperliquid prior to its token generation event, and the unreleased collection can currently be purchased and sold via OTC desks. On June 15, the OTC desks recorded their largest Hypurr NFT deal yet, worth $65,000, and a second bid at $65,000 followed 14 hours later.

There is little official information circulating regarding the collection, but buyers are speculating on the potential utility of the collection in the Hyperliquid ecosystem, whether that comes in the form of future Hyperliquid airdrops or token allocations from HyperEVM-native protocols.

The new record came as HYPE hit a new all-time high price of $45.8 on June 16, a 380% increase from its local bottom of $9.5 in April, driven by BTC’s strong price action and speculation surrounding stock futures coming to Hyperliquid.

HYPE is down 15% to $38.8 in the past 24 hours, however, amid a market-wide selloff sparked by the escalating conflict between Israel and Iran.