HyperSwap Airdrop and Reward Status

HyperSwap points have ended. Current docs describe xSWAP liquidity-mining rewards with vesting and pool-specific Merkl incentives, but no currently funded pool, personal reward or new airdrop claim was verified. SWAP staking has a documented 24-hour unstaking delay. [hs-points] [hs-mining] [hs-incentives] [hs-staking]

The points page explicitly marks the program ended and lists July 28, 2025 as its final scheduled distribution. Historical swap, liquidity and referral instructions on that page do not reopen points accumulation today. This dossier does not infer a fresh token distribution from old points balances. [hs-points]

Liquidity-mining docs describe xSWAP earned according to liquidity amount and duration, with vesting up to six months. The redemption page specifies a 1:0.5 xSWAP-to-SWAP ratio at the 15-day minimum and 1:1 at six months. The liquidity-mining page describes burning 50% of unvested xSWAP on early exit. Those are token-unit rules, not a dollar return or verified current APR. [hs-mining] [hs-convert]

Separate incentive campaigns apply to particular pools over configured start and end times. The docs describe hourly rewards proportional to liquidity share, with claims during or after a campaign through the interface. They say Merkl manages the deployed incentives and HyperSwap does not custody or distribute those incentive tokens. No specific pool, funded balance, current reward rate or remaining campaign slot was checked here. [hs-incentives]

The dedicated staking page says SWAP unstaking takes 24 hours and adding SWAP during a pending request resets that timer. It describes rewards as indirect, via enhanced Merkl campaigns and future benefits. A separate revenue-sharing page says users can unstake at any time without penalties. Do not interpret that broad statement as instant withdrawal: verify the current interface and apply the dedicated delay before committing capital. [hs-staking] [hs-revenue]

Liquidity provision commits assets and exposes the user to token-price changes, pool losses and contract risk. These are editorial risk considerations. Published reward mechanics alone do not establish a currently funded pool or positive net return. No reliable dollar deposit minimum or transaction fee was verified. [hs-mining] [hs-incentives]

Converting xSWAP early reduces the SWAP amount. SWAP unstaking has a documented delay and a timer-reset condition; the general revenue-sharing wording is less specific. Review both before signing and do not manufacture volume for the ended points program. [hs-convert] [hs-staking] [hs-revenue] [hs-points]

• Skip if you only want points, need immediate withdrawal or cannot accept liquidity losses.

HyperSwap describes itself as a HyperEVM liquidity hub for swaps and liquidity provision. Its docs distinguish the ended points program, xSWAP liquidity-mining rewards and project-funded pool incentives. Using the DEX does not establish a new airdrop entitlement. [hs-docs] [hs-points] [hs-mining] [hs-incentives]

Editorial score 40. Consider documented rewards only against an existing liquidity position. Check pool funding and withdrawal terms before adding capital; the old points program is closed.