Hyperliquid (HYPE) Price

 Hyperliquid logo

Hyperliquid

HYPE


$
2
6
.
1
7
1
2

$0.0833 (0.32%)

LIVE

  • Volume (24h)

    $609


  • Offerta circolante

    238.4M


  • Capitalizzazione di mercato

    $6.223B


About Hyperliquid (HYPE)

The HYPE token powers the Hyperliquid ecosystem. It is used for network staking, governance participation, and as gas on HyperEVM. HYPE holders can vote on Hyperliquid Improvement Proposals (HIPs), including decisions related to protocol upgrades and new market deployments. While protocol revenues are not directly distributed to stakers, Hyperliquid indicates that a significant portion of trading fees is used to repurchase HYPE on the open market via the protocol’s Assistance Fund, which has accumulated tens of millions of tokens through buybacks.

HYPE logo

prices.tradeFormTitle HYPE

0.190611 HYPE

$100

$500

$1000

$5000

rewards card

Presenta i tuoi amici e guadagna criptovalute.

Se inviti i tuoi amici su Gemini, riceverete entrambi 50 USD in criptovalute se effettueranno operazioni per 100 USD nei primi 30 giorni.

Token di tendenza

reward card

prices.geminiActiveTrader

prices.tradeBitcoinOnThePlatform

Articoli di Cryptopedia su Hyperliquid

Frequently asked questions

What is Hyperliquid?

Accordion Arrow

Hyperliquid is a decentralized trading platform and Layer 1 blockchain optimized for low-latency, high-throughput markets. It supports perpetual futures, spot trading, and EVM-compatible smart contracts through HyperEVM.

What is the HYPE token used for?

HYPE is used for network staking, governance, and gas on HyperEVM. Token holders can vote on Hyperliquid Improvement Proposals (HIPs) and help shape the protocol’s future.

How was the HYPE token distributed?

HYPE was initially distributed via an airdrop to early Hyperliquid users in November 2024, with no investor unlocks at genesis. Additional tokens are allocated to community rewards, future emissions, core contributors, and the Hyper Foundation.

Does Hyperliquid share protocol revenue with HYPE holders?

Protocol revenues are not directly distributed to stakers. However, a significant portion of trading fees is used to repurchase HYPE on the open market through the protocol’s Assistance Fund.

What makes Hyperliquid different from other decentralized exchanges?

Hyperliquid combines its own Layer 1 blockchain with an onchain order book and liquidity system designed for professional trading. This architecture allows for fast execution, deep liquidity, and a trading experience closer to centralized exchanges while remaining fully onchain.

What is HyperEVM?

HyperEVM is Hyperliquid’s EVM-compatible execution layer, enabling developers to deploy smart contracts and build applications directly on the Hyperliquid network.