Hyperliquid NFT Guide: The Hypurr Collection, Drip.Trade and Other HyperEVM NFT Marketplaces, How to Buy and Sell, and the Risks (2026)

You can buy, sell and hold Hyperliquid NFTs with the wallet and HYPE you already use, once you know where they live: on HyperEVM, the chain's smart-contract layer, as standard ERC-721 collections, with Hypurr, the cat mascot collection distributed to early users in 2025, as the flagship. The exchange layer, HyperCore, has no NFT standard; its HIP-1 tokens are fungible. This guide gives you the Hypurr NFT and its origins, Drip.Trade and the other HyperEVM NFT marketplaces, a ten-minute wallet setup, how to buy or sell, how NFTs differ from HIP-1 tokens, the PURR meme culture that started it all, and the scams to avoid.

Key takeaways

• Know where to trade: Drip.Trade is the main Hyperliquid NFT marketplace on HyperEVM as of September 2026; other marketplaces and aggregators are emerging.
• Know what you are buying: the Hypurr NFT is a mascot collection sent to a set of early users and airdrop recipients, with community-run branding ("Hypurr Co") and foundation ties, but no on-chain rights or revenue share.
• Use standard tooling: NFTs are ERC-721/1155 on HyperEVM (chain ID 999, gas in HYPE); HIP-1 tokens on HyperCore are fungible spot assets like PURR, not NFTs.
• Get set up in three steps: add HyperEVM to MetaMask or Rabby, transfer HYPE from HyperCore to EVM, connect to a verified marketplace.
• Check live prices yourself: we deliberately do not quote floor prices, because they move daily and any figure here would be wrong by the time you read it.
• Keep your wallet safe: the biggest risks are fake mints, phishing marketplaces and signature-draining approvals. Verify contracts on Hypurrscan or HyperEVM explorers before signing.

Hyperliquid NFT basics: what exists and where it lives

You will save time by looking in the right layer from the start. Hyperliquid is best known as a perps exchange, and for its first two years the chain had no way to host NFTs at all. HyperCore, the native engine, understands order books, margin and HIP-1 spot tokens, but not non-fungible assets. That changed in February 2025 with HyperEVM, an Ethereum-compatible execution layer that shares consensus with HyperCore. Any standard Ethereum contract can be deployed there, including ERC-721 (one-of-one NFTs) and ERC-1155 (semi-fungible) collections. For the technical background see our Hyperliquid EVM and Hyperliquid L1 guides.

So, when people search "hyperliquid nft" or "hyperliquid nfts", the practical answers are:

• Yes, there are NFTs, and they behave exactly like NFTs on Arbitrum or Base: a contract address, token IDs, metadata on IPFS or a server, royalties set by the creator.
• They are small relative to the exchange. Hyperliquid's daily perp volume runs in the billions; HyperEVM NFT volume is a rounding error by comparison. The scene is young and community-driven.
• The culture is cat-shaped. The chain's mascot is a cat, the first spot token was PURR, and the flagship NFT is Hypurr. Expect feline branding everywhere. The official Hyperliquid logo itself is a teal wave rather than a cat; our brand guide keeps the two apart.

The Hypurr NFT collection

You can judge a Hypurr listing with confidence once you know what the collection is and is not. Hypurr is the collection most people mean when they ask about Hyperliquid NFTs; what is reasonably well established as of September 2026:

• Origin. Hypurr artwork began as the community mascot in 2024 and became an on-chain collection in 2025 after HyperEVM launched. The NFTs were distributed rather than sold: a set of early users, including many wallets that qualified for the November 2024 HYPE airdrop, received Hypurrs directly. Details of the eligibility cut-off were never fully published, which is typical of Hyperliquid's low-announcement style; see the Hyperliquid points page for how the broader distribution worked.
• Who is behind it. The branding is associated with "Hypurr Co" (sometimes written Hypurr Collective), a community entity, with the Hyper Foundation understood to be involved in or supportive of the distribution. The foundation has characterised Hypurr as a collectible and community identity marker. We are hedging here on purpose: there is no formal whitepaper or legal entity disclosure, and you should treat statements about "official" status with care.
• What it gives you. As far as public information shows, nothing on-chain: no fee share, no staking boost, no governance vote. Any value is social and speculative. Some community events, Discord roles and HyperEVM app perks have been gated by Hypurr ownership, but those are at the discretion of the projects offering them.
• Supply and traits. A fixed supply of generative cat artwork with rarity traits, like most PFP collections. Verify the exact supply and contract on an explorer.

Floor prices: we are not stating one. Hypurr has traded at levels that would make it one of the most valuable NFT collections by floor at times, driven by the HYPE price and the scarcity of distribution, and it has also drawn down sharply. Check Drip.Trade for the live floor and remember that one-off sales do not define a market.

Hyperliquid NFT marketplaces on HyperEVM

Drip.Trade

You get the deepest bids and verified collections on Drip.Trade, the first and, as of 2026, the dominant NFT marketplace built for HyperEVM. It supports listings, bids, collection offers and sweeps, shows verified checkmarks for collections it has vetted (Hypurr included), and charges a marketplace fee plus creator royalties on sales. It works with any EVM wallet connected to chain ID 999. Drip also runs launchpad-style mints for new HyperEVM collections, which is where most new Hyperliquid NFTs first appear.

Other venues

The space is moving fast, so we will describe categories rather than endorse names that may be gone next quarter:

• Native HyperEVM marketplaces besides Drip have launched with lower fees or specific niches (art, gaming assets). Check that they are listed in the official Hyperliquid ecosystem directory or linked from the collection's verified social account.
• Multi-chain aggregators that added HyperEVM support let you see listings across venues in one place.
• DeFi integrations on HyperEVM lend against or fractionalise NFTs; these carry smart-contract risk on top of NFT risk.

A simple rule: if a marketplace is not linked from Hyperliquid's ecosystem page or from a long-established project account, assume it is unverified until proven otherwise.

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Wallet setup for Hyperliquid NFTs on HyperEVM

You can be ready to buy in about ten minutes with an EVM wallet pointed at HyperEVM. The Hyperliquid app's email login (Privy) is fine for trading but awkward for NFT marketplaces, so most collectors use MetaMask, Rabby or a hardware wallet through those. Our Hyperliquid wallet guide compares them.

1. Add the HyperEVM network. RPC https://rpc.hyperliquid.xyz/evm, chain ID 999, currency symbol HYPE, explorer Hypurrscan or a HyperEVM explorer. Many wallets now auto-detect it via Chainlist.
2. Get HYPE for gas. Gas on HyperEVM is paid in HYPE and is cheap, but you need a small balance. If you hold HYPE on HyperCore (the trading side of the app), use the Transfer to EVM function; the same address receives it on HyperEVM within seconds. If you are starting from scratch, buy Hyperliquid or bridge in via the Hyperliquid bridge guide.
3. Use a separate wallet for minting. Keep your trading funds on one address and mint or browse marketplaces with a fresh one that holds only what you intend to spend. This is the single most effective scam defence.
4. Consider a hardware wallet for a high-value Hypurr. Ledger works via MetaMask or Rabby on HyperEVM.

How to buy and sell a Hyperliquid NFT

Buying

1. Open Drip.Trade (or another verified marketplace) and connect your HyperEVM wallet.
2. Search the collection and check the contract address against the one posted by the collection's official account. Fakes with identical art are common.
3. Choose a listing and click Buy, or place a bid below the floor and wait. Review the transaction in your wallet: it should show HYPE leaving and an NFT transfer in; nothing else.
4. Confirm. The NFT appears in your wallet's NFT tab and on the explorer under your address.

Selling

1. From your profile on the marketplace, select the NFT and click List.
2. Approve the collection for the marketplace contract (a one-time approval per collection) and then sign the listing. Approvals are where drainers hide, so make sure you are on the real site.
3. Set a price in HYPE and a duration. Collection offers can be accepted instantly if you prefer a fast exit.
4. On sale, HYPE arrives minus marketplace fee and creator royalty.

Selling an NFT to fund trading

Proceeds land on HyperEVM. To use them on the exchange, transfer HYPE back to HyperCore in the app (Transfer to Core), then trade or stake; see our Hyperliquid staking guide.

HIP-1 tokens vs NFTs: what is the difference?

Picking the right standard saves you from launching a meme coin as an NFT or vice versa; confusion is understandable because both are "tokens on Hyperliquid".

HIP-1 is the right tool for a meme coin or a project token because it gets an order book on the Hyperliquid exchange with deep, gas-free trading. NFTs are the right tool for art, membership and collectibles. Some projects use both: a HIP-1 token for the community and an NFT collection for identity.

PURR, cats and Hyperliquid meme culture

PURR was the first HIP-1 spot token on Hyperliquid, launched in 2024 as a test of the standard, and half of its supply was airdropped to points holders. It became the chain's in-joke and then its identity: cat mascots, "purr" puns, and eventually the Hypurr NFT. The culture matters for NFTs because Hypurr's value is entirely a function of community attachment to that identity.

A separate source of confusion: Hyperliquid Strategies Inc. chose "PURR" as its Nasdaq ticker in 2025. That is a US-listed company holding HYPE in treasury, not the token and not the NFT. Our Hyperliquid stock guide untangles the three.

Risks and scams around Hyperliquid NFTs

You keep your HYPE by recognising a handful of patterns, because NFT markets attract fraud and a young ecosystem with a high-profile brand attracts more. The patterns we have seen or that the community has flagged:

• Fake Hypurr mints. There was never a public paid mint of Hypurr; it was distributed. Any site offering to "mint Hypurr" is a scam.
• Lookalike collections. Same art, different contract. Always compare the contract address.
• Phishing marketplaces. Clones of Drip.Trade that request a blanket approval or a "setApprovalForAll" to a drainer contract. Check the URL and bookmark the real one.
• Airdrop bait. NFTs airdropped to your wallet with a link to "claim rewards". Do not interact; hide them.
• Signature requests you do not understand. A legitimate purchase is a single transaction. A legitimate listing is one approval plus one signature. Anything more, stop.
• Illiquidity. Even on a good day the bid side of a collection is thin. Assume you may not be able to sell quickly at anything near the floor.
• Platform risk. HyperEVM apps carry smart-contract risk and are exposed to the exchange's own risks, covered in Hyperliquid review.

Risk note: NFTs can go to zero and have no income. Spend only what you would spend on a collectible.

Hyperliquid NFT collections to know

We list collections by role rather than by floor price; prices are deliberately omitted because they change daily and this page is not live.

Before buying any of these, look the contract up on Hypurrscan or a HyperEVM explorer, confirm holder count and sales history, and read the project's own channels. Our Hyperliquid latest news page tracks notable NFT launches alongside exchange updates.

Bottom line

You can own a piece of Hyperliquid's cat culture in ten minutes: Hyperliquid NFTs are real but niche, ERC-721 collections on HyperEVM led by the Hypurr mascot collection and traded mainly on Drip.Trade. Setting up takes ten minutes with MetaMask or Rabby pointed at chain ID 999 and a little HYPE for gas. Keep a clean wallet for marketplaces, verify every contract address, and remember that Hypurr's value is social rather than backed by anything the exchange earns. If you want exposure to Hyperliquid's growth rather than a collectible, the Hyperliquid token guide is the more direct route; if you want a cat with a story, this is where to start.