Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully onchain open financial system with user built applications interfacing with performant native components, all without compromising end user experience.
The Hyperliquid L1 is performant enough to operate an entire ecosystem of permissionless financial applications – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The chain currently supports 100k orders / second.
The Hyperliquid L1 uses a custom consensus algorithm called HyperBFT which is heavily inspired by Hotstuff and its successors. Both the algorithm and networking stack are optimized from the ground up to support the L1.
The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX. Further developments include a native token standard, spot trading, permissionless liquidity, etc.
Where is Hyperliquid available for purchase?
You can exchange HYPE tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Hyperliquid is Hyperliquid, notably the HYPE/USDC pair, which saw a trading volume of $ 172,06 MLN. in the past day. Additionally, Tapbit and Bitget are popular alternatives for trading tokens.
What is the highest value Hyperliquid (HYPE) has ever reached?
Hyperliquid (HYPE) reached its peak price at 49.75 $ on 14 July 2025, approximately a month ago ago. Presently, the current price is -11.93% lower than this all-time high.
What is the historical minimum price for Hyperliquid (HYPE)?
The minimum price reached for Hyperliquid (HYPE) was 3.81 $, documented on 29 November 2024, more than 9 months ago. In comparison, the current price is 1,049.86%, it above this historical low.
What is the fully diluted valuation of Hyperliquid (HYPE)?
The fully diluted valuation (FDV) of Hyperliquid (HYPE) stands at $ 43,29 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 HYPE tokens. The realization of this FDV might take several years depending on the emission schedule of HYPE tokens.