Purr (PURR) perpetual market

Purr is a cat-themed token associated with Hyperliquid, a decentralized derivatives exchange and layer-1 blockchain focused on perpetual futures trading. Introduced in 2024, Purr was presented as a community and meme token within the Hyperliquid ecosystem and was among the early assets to trade on the network's native infrastructure. As a meme coin, it has no formal product roadmap and its value derives largely from community sentiment and speculative activity rather than underlying cash flows. Its identity is closely tied to the growth and culture of the Hyperliquid community. The PURR token functions primarily as a meme and community asset on the network. It is best understood as a mascot-style token linked to Hyperliquid rather than a standalone project with independent utility.