The first set of rebates earned through trading and referral activity on Entropy have now been distributed. Distributions are in $HYPE, acquired using Entropy’s deployer level fees.
Users can claim their allocation on the referral page of their Entropy account. Users who traded using another frontend, such as the Hyperliquid frontend, will still receive a rebate provided they previously connected their wallet to the Entropy website and created an account.
Our goal is to be as ecosystem and trader aligned as possible. That ethos led us to implement the first-ever referral system on HIP-3, and for that same reason, future distributions will continue to be in $HYPE.
Ten days after launch, @entropyIO's Pre-IPO perp is already the most liquid instrument for Anthropic exposure, with top-of-book spreads consistent at 0.51 bps.
The market has done nearly $90M of volume, pricing Anthropic at a $1.95T valuation.
We are releasing the first liquid way to trade Anthropic.
For far too long, frontier assets have only been accessible to a select few. We are here to bring them to the masses.
Introducing EntropyIO. We’ve raised $14M led by Ribbit Capital and a $40M HYPE stake to build both improved and entirely new markets, the first of which are live on Hyperliquid today.