Hype Token (HYPE) is not tradable on Coinbase.
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Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
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Max Supply
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Volume (24h)
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Volume (30D)
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Volume (7D)
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All time high
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Networks and tags
Hyperliquid (HLP) is the native token of the Hyperliquid decentralized exchange, which focuses on providing fast and efficient trading for perpetual contracts. Built to cater to both professional and retail traders, Hyperliquid aims to offer a seamless, low-latency trading experience with deep liquidity and minimal slippage. The platform operates without intermediaries, allowing users to trade crypto derivatives directly from their wallets. HLP tokens are integral to the ecosystem, offering utility for fee payments, governance, and incentivizing user participation.
Hyperliquid operates as a decentralized perpetual exchange, utilizing a custom-built high-performance matching engine that allows for near-instant order execution and settlement. Unlike traditional exchanges, it does not rely on centralized intermediaries, offering a transparent and trustless environment for derivative trading. HLP tokens can be used to reduce trading fees, participate in staking for rewards, and vote on governance proposals that influence the platform’s future. The platform’s architecture supports deep liquidity pools, aiming to minimize slippage even during high trading volumes.
HLP tokens have several use cases within the Hyperliquid ecosystem. Traders can use HLP to pay for reduced transaction fees, making trading on the platform more cost-effective. The tokens can also be staked for rewards or used to participate in governance, allowing holders to vote on key decisions regarding protocol upgrades and feature development. As Hyperliquid focuses on perpetual contracts, HLP facilitates efficient trading of crypto derivatives, making it a valuable asset for both casual traders and institutional participants looking for decentralized solutions.
Hyperliquid was launched as a decentralized perpetual exchange with the goal of offering fast, efficient, and transparent crypto derivatives trading. The platform was designed to address common issues faced by centralized and decentralized exchanges, such as latency, slippage, and high fees. Since its inception, Hyperliquid has focused on building a user-friendly interface with robust infrastructure to attract both professional traders and DeFi enthusiasts. The HLP token was introduced to support the platform’s growth, offering utility for trading, governance, and staking within the Hyperliquid ecosystem.
We update our Hype Token to USD currency in real-time. Get the live price of Hype Token on Coinbase.
Date | Price | Change |
|---|---|---|
Today (April 15, 2025) | $0.00 | +NaN% |
24 hours ago (April 14, 2025) | $0.00 | +0.00% |
1 week ago (April 8, 2025) | $0.00 | +0.00% |
1 month ago (March 15, 2025) | $0.00 | +0.00% |
1 year ago | $0.00 | +0.00% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
BeInCrypto • Apr 15, 25
Why These Altcoins Are Trending Today — April 15
XYO, HYPE, and KERNEL are trending altcoins today due to significant market movements. Each faces unique challenges and opportunities for traders.The post Why These Altcoins Are Trending Today — April 15 appeared first on BeInCrypto.
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BeInCrypto • Apr 10, 25
3 Altcoins that Look Bullish After Trump’s Tariff Pause
Altcoins are rebounding post-tariff pause, with XRP, HYPE, and ONDO standing out thanks to regulatory shifts, revenue gains, and RWA growth.The post 3 Altcoins that Look Bullish After Trump’s Tariff Pause appeared first on BeInCrypto.
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The Defiant • Mar 24, 25
Hyperlend Fills Staking Caps in One Hour
The lending protocol on Hyperliquid’s EVM reached its HYPE and wstHYPE caps.
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BeInCrypto • Mar 22, 25
Hyperliquid Open Interest Surges to $44 Million As Price Rallies 12%
Hyperliquid (HYPE) is showing signs of recovery with a 14% price surge, fueled by a rise in trader interest and positive technical signals. The altcoin faces a key resistance at $16.50, but a successful breakout could drive the price to higher levels.The post Hyperliquid Open Interest Surges to $...
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BeInCrypto • Mar 18, 25
Hyperliquid Surpasses $1 Trillion in Perps Volume, but HYPE Token Continues to Struggle
Hyperliquid's impressive $1 trillion in perps trading volume positions it as a DeFi powerhouse. Despite its market dominance, the HYPE token struggles, though analysts see significant growth potential.The post Hyperliquid Surpasses $1 Trillion in Perps Volume, but HYPE Token Continues to Struggle...
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CoinDesk • Feb 26, 25
Story Protocol’s IP Rockets 40% as Traders Bet on IP Tokenization
Despite markets taking a brutal hit on Tuesday, two altcoins—Story’s IP and Hyperliquid’s HYPE—are stealing the spotlight.
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