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Hyperliquid

Hyperliquid

Fully On-Chain Perpetuals DEX with Its Own Layer-1 Blockchain

Launch Year
2024
Consensus
HyperBFT (PoS-based)
Max Supply
1,000,000,000 HYPE
Block Time
~0.2 seconds
HYPE
HYPE
Hyperliquid
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap HYPE Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Hyperliquid Price Chart

HYPE / USD
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Data by CryptoCompare

About Hyperliquid

Hyperliquid (HYPE) is the native token of Hyperliquid — a fully decentralized perpetuals exchange running on its own high-performance Layer-1 blockchain. Unlike competitors that rely on Ethereum or other chains, Hyperliquid built a custom consensus mechanism (HyperBFT) enabling sub-200ms finality and a fully on-chain order book processing thousands of TPS. HYPE launched in November 2024 via one of the largest airdrops in crypto history — over $1 billion distributed to early users. 100% of fees collected by the protocol go to HYPE stakers and buy-back-and-burn, creating strong token economics with no VC allocation.

History

2023
Hyperliquid launches by anonymous team; quickly gains reputation for performance and fair fee distribution.
2024
Hyperliquid processes billions in daily perpetuals volume; surpasses established DEXes.
2024
HYPE token airdrop in November 2024 — one of the largest in crypto history with $1B+ distributed to early users.
2024
HYPE reaches multi-billion dollar market cap within weeks of launch; HyperEVM launches for smart contracts.

How to Swap HYPE

Swapping Hyperliquid (HYPE) on SyntheticSwap is simple and requires no registration or KYC. Connect your personal crypto wallet, select HYPE as your source or destination asset, enter your receiving wallet address, and confirm the live exchange rate. Once you send HYPE to the deposit address provided, SyntheticSwap processes the exchange automatically and delivers the destination asset directly to your wallet. No personal information is collected — fully non-custodial from start to finish.

How to Store HYPE

HYPE is stored in wallets supporting the Hyperliquid network. MetaMask can be configured for Hyperliquid's EVM environment (HyperEVM). The native Hyperliquid interface manages HYPE directly through the dApp. Hyperliquid uses EVM-compatible addresses.

Frequently Asked Questions