The Top Airdrop Hunts of the Month: June 2025

Bankless is constantly covering new airdrops, and this month, Hyperliquid takes center stage – we’re recommending 5 must-hunt Hyperliquid airdrops for the month of June.

Hyperliquid stunned the crypto industry last year with a multi-billion dollar HYPE distribution that rewarded its staunchest early supporters with six-figure paydays. Now, speculators are awash with anticipation for the next big airdrops to come from the ecosystem…

Find over 150 additional airdrop opportunities in the Airdrop Hunter, our comprehensive hub of airdrop alpha shared exclusively with Bankless Citizens! 👇

🌊 Hyperliquid

Website | Twitter

Hyperliquid has become the top blockchain-based perpetual exchange by trading volume, and in mid-February, the exchange launched the HyperEVM, which provides for general-purpose functionality and DeFi composability with its trading products.

This deployment cleared the way for third-party apps to launch on Hyperliquid (many of which offer their own points programs) and created a new way for users to interact with Hyperliquid’s products, actions which could score them future airdrop allocations.

While Hyperliquid has yet to renew its widely successful points program – which distributed 310M HYPE to early users in November 2024 – the Protocol retained 38.8% of its tokens for “Future Emissions & Community Rewards,” leading many to speculate that another airdrop distribution is imminent.

1. [quest 959 “Deposit to Hyperliquid”]
2. [quest 958 “Trade on Hyperliquid”]
3. [quest 960 “Deposit to Hyperliquid Vaults”]
4. [quest 961 “Stake HYPE”]
5. [quest 962 “Interact with HyperEVM Applications”]

🏦 HyperLend

Website | Twitter

HyperLend is a fork of Aave and is the largest application by total value locked on the HyperEVM. By depositing Hyperliquid-native assets, HyperLend users can earn yields and borrow against their tokens as collateral.

By designing unique lending markets for the Hyperliquid ecosystem, like those for Hyperliquid Liquidity Provider (HLP) tokens, HyperLend hopes to unlock sustainable looping strategies on this high-yielding collateral, enabling users to provide more liquidity and earn more from their positions.

On April 4, HyperLend released a points program that introduced testnet points multipliers, NFT boosts, and tiered referral points bonuses. HyperLend users accrue XP daily, and these rewards convert into points on a weekly basis. Protocols that offer points to their users often do so with the intention to airdrop tokens at a later date.

1. [quest 928 “Lend on HyperLend”]
2. [quest 929 “Borrow from HyperLend”]
3. [quest 930 “Refer Others to HyperLend”]

😺 Felix

Website | Twitter

For Hyperliquid bulls looking to put their HYPE stacks to work, farming a future Felix airdrop could be a top airdrop play.

Felix allows users to retain exposure to their Hyperliquid assets – HYPE and UBTC – by borrowing feUSD stablecoins or depositing into the stability pool. Participants in the latter opportunity earn yield payments from protocol fees and vault redemptions (a form of feUSD borrower liquidation).

On April 18, Felix conducted its first points distribution for users. While there are no recommendations on how to earn points, it can be expected that these incentives will translate to liquid tokens at a later date. Additionally, as part of Felix's exclusive license to deploy Ethereum-native stablecoin issuer Liquity’s codebase to the HyperEVM, mainnet users of Liquity’s BOLD will qualify Felix point incentives.

1. [quest 936 “Borrow feUSD”]
2. [quest 937 “Deposit into feUSD Stability Pool”]
3. [quest 939 “Borrow BOLD”]
4. [quest 963 “Deposit into BOLD Stability Pool”]
5. [quest 964 “Stake LQTY”]

💱 HyperSwap

Website | Twitter

Although Hyperliquid already offers support for automated market making through its HLP primitive, depositors into this strategy make markets for all available Hyperliquid spot and perpetual pairs.

In contrast, HyperSwap is the first native DEX deployed on the HyperEVM, offering traditional AMM markets that allow users to choose specific spot asset pairs for liquidity provision.

HyperSwap launched with a points program, meaning that liquidity providers and swappers who register for the program with a unique user name can establish eligibility for a future airdrop by simply using the platform.

1. [quest 861 “Create an Account on HyperSwap”]
2. [quest 862 “Swap Tokens on HyperSwap”]
3. [quest 863 “Provide Liquidity on HyperSwap”]
4. [quest 864 “Stake HYPE on HyperSwap”]
5. [quest 865 “Launch a Token on HyperSwap”]

➰ HypurrFi

Website | Twitter

HypurrFi is a borrowing and lending platform on Hyperliquid that allows users to deposit tokens and mint their native stablecoin, USDXL. With HypurrFi, users can loop into levered lending positions for “hyperaccelerated yield” while maintaining their exposure to Hyperliquid native assets, such as HYPE and stHYPE.

HypurrFi has an ongoing points program that rewards users with HP, which can be expected to convert into tokens at some point in the future. The HypurrFi points page outlines how users can earn HP through specific onchain interactions and referrals.

1. [quest 896 “Earn HypurrFi HP”]
2. [quest 897 “Refer Others to HypurrFi”]