Hyperliquid
HYPEWhat is Hyperliquid (HYPE): complete guide for Beginners and Investors
Hyperliquid is a decentralised perpetuals exchange running on its own purpose-built chain, with an on-chain order book rather than an automated market maker.
Rate
At this moment, the price of Hyperliquid is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Hyperliquid has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
It grew rapidly through 2024 and distributed HYPE to early users in one of the largest airdrops of that year.
Technology
The chain is built specifically for trading, which lets the order book match on-chain at latencies closer to a centralised venue than to a typical smart-contract platform.
Use cases
HYPE is traded as direct exposure to decentralised derivatives volume, and it reacts strongly to shifts in that market share.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: hYPE is traded as direct exposure to decentralised derivatives volume, and it reacts strongly to shifts in that market share. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.
Hyperliquid details
| Ticker: | HYPE |
|---|---|
| Website: | https://hyperliquid.xyz |
| Algorithm: | Proof of Stake |
| Type: | Cryptocurrency · DeFi |
| Launch: | 2024 |