Hyperliquid (HYPE) $ 55.43 1.05%

About Hyperliquid

Hyperliquid (HYPE) serves as the core settlement unit and governance instrument within its namesake ecosystem, which operates on its own Layer-1 blockchain. The project’s primary goal is to provide a high-performance environment for trading perpetual contracts, matching the speed and efficiency of centralized exchanges (CEXs) while maintaining full decentralization. The HYPE token underpins the entire system: it is used to secure the network through staking, pay for internal operations, and participate in governance decisions. Thanks to its optimized architecture, the platform delivers near-instant execution and eliminates typical gas fees, allowing it to hold a leading position in the on-chain derivatives sector.