HY
Decentralized Exchange (DEX)
Hyperliquid
HYPE
$71.93-0.37%12 Nov 2026, 10:06 IST
Synchronized market dataUSD reference price · venues may differResearch market value, supply and liquidity separately
THE ASSET
Understand the token.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi). Just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, efficient, and resilient blockchain. HYPE is the native token of the Hyperliquid blockchain, with a maximum supply of 1 billion.
MARKET HISTORY
Price in perspective
Timestamped price historyOnly actual observations from the connected source will be plotted.
TOKENOMICS
Look at the supply side.
Circulating and fully diluted values describe different things.
Why compare market cap and FDV?
Market cap uses circulating supply. Fully diluted valuation uses the source's diluted supply convention. A gap can indicate potential dilution; it does not predict when tokens will enter circulation.
MARKET CONTEXT