Trade on Hyperliquid4% off feesSpend HYPE without sellingwin real prizesPredict on LiquidictionHIP-4 outcomes

Hype Replay investigations / Base / 9–10 September 2026

LAPTOP: who got paid?

The supply. The airdrop. The cash leaving the pool. Follow the transfers through six chapters, with the receipts beside every replay.

Watch the full investigation →
01 / CASH OUT

Follow the cash out

Track the liquidity operator's funding, collections and remaining cash. Every movement has a receipt.

Replay chapter ↗
02 / AIRDROP

The airdrop and the exit

Tokens arrived as the market moved. Replay the claims and see what remained in the distribution contract.

Replay chapter ↗
03 / SUPPLY

Who held the supply?

Start with one billion tokens. Follow large allocations and inspect the balances at the investigation cutoff.

Replay chapter ↗
04 / LIQUIDITY

The liquidity withdrawal

Liquidity leaves, cash is collected, and capital returns. Replay the events before drawing the conclusion.

Replay chapter ↗
05 / HOLDERS

Who was left holding?

The chart is a marginal price. The remaining balances show who still held tokens at the cutoff.

Replay chapter ↗
06 / INCENTIVES

The incentive loop

Follow LAPTOP into the reward contract and back out to recipients. Token rewards are not dollar proceeds.

Replay chapter ↗

What the investigation covers

This investigation follows LAPTOP supply, airdrop distributions and USDC moving through the launch pool on Base. The replay connects transaction receipts with historical sell simulations, through block 51,111,007 on 10 September 2026.

The frozen edition reconciles token supply and selected wallet cash balances, with 24 historical sell simulations. Cash movements and token balances are distinct from profit. Team receipt of operator proceeds and an intentional rug pull remain unresolved.

Read the frozen evidence package