HYPRA (HYP) Tokenomics
HYPRA (HYP) Information
Hypra is a new blockchain project that aims to revive the original vision of Ethereum as a global, decentralized platform for money and new kinds of applications. Hypra is based on a modified version of the Ethereum Go client, which is a fork of the official 1.11.6 release. This was the final release to support Proof-of-Work. Hypra is not just another Ethereum clone. It has several unique features that make it stand out from the crowd. Here are some of them:
ETHashB3: Hypra uses a new Proof-of-Work consensus algorithm that replaces the hash functions with BLAKE3 This allowed for a natural progression of the chain from CPU mining to GPU mining, as well as improved security and performance. HYP: Hypra has its own native currency, HYP, which is used to pay for transactions and smart contracts on the network. HYP has a fixed supply schedule that starts with 4 HYP per block and gradually decreases to 1 HYP per block after 9 years. The total supply up to 9 years will be 124,438,360 HYP, plus block fees and uncle rewards.
Compatibility: Hypra is fully compatible with the Ethereum protocol, which means that it can run any Ethereum smart contract or decentralized application (dapp) without any modification. Hypra also supports the BNB Smart Chain (BEP20) token standard, which allows for interoperability with other blockchain platforms.
Innovation: Hypra is not afraid to experiment with new ideas and features that can improve the user experience and functionality of the network. For example, Hypra has plans to move the reward model to a 2.1% inflation target in the future, which could provide more stability and sustainability for the network.
HYPRA (HYP) Tokenomics & Price Analysis
Explore key tokenomics and price data for HYPRA (HYP), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
HYPRA (HYP) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of HYPRA (HYP) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of HYP tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many HYP tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand HYP's tokenomics, explore HYP token's live price!
HYP Price Prediction
Want to know where HYP might be heading? Our HYP price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.