Hyperliquid (HYPE) is a layer 1 blockchain specialized in decentralized finance (DeFi), designed to offer high-speed and efficient infrastructure for derivatives trading and other financial products.

Launched in November 2024, Hyperliquid stands out for its focus on decentralization, equitable token distribution, and the absence of allocations to private investors or centralized exchanges.

🧱 Layer

Cover 1

Hyperliquid operates as a base layer blockchain, using a proof-of-stake (PoS) consensus mechanism that allows processing up to 200,000 transactions per second.

Its compatibility with the Ethereum Virtual Machine (EVM) facilitates the implementation of smart contracts and decentralized applications.



🔑 Key Features

  • High performance: Ability to handle a large volume of transactions with low latency, ideal for high-frequency DeFi applications.

  • Equitable token distribution: 76.2% of the total HYPE supply is allocated for the community and developers, with no allocations to private investors.

  • Native staking: Users can participate in HYPE staking, selecting from multiple validators to secure the network and earn rewards.

  • Buyback program: Fees generated by the protocol are used to buy back HYPE tokens, supporting their market value.

  • Historical airdrop: At its launch, 310 million HYPE tokens were distributed to approximately 94,000 users, with a total estimated value of $1.2 billion.


🪙 Utilities of the HYPE token

  • Fee payment: HYPE is used to pay transaction fees within the Hyperliquid ecosystem.

  • Staking: Holders can delegate their tokens to participate in network consensus and receive rewards.

  • Participation in governance: HYPE holders can influence key decisions regarding protocol development and updates.

  • Access to DeFi products: HYPE is essential for interacting with the various financial products offered on the Hyperliquid platform.

📄 White Paper

  • Whitepaper: "Hyperliquid: A High-Performance Layer-1 for Decentralized Finance"



📈 Annual price evolution of HYPE

Below, I present the approximate price evolution of HYPE since its launch:


  • 2024 (November): $3.90

  • 2024 (December): $30.00

  • 2025 (up to May 28): $35.69

* Hyperliquid (HYPE) positions itself as an innovative solution in the DeFi space, offering a robust and efficient infrastructure for derivatives trading and other financial products.

Its focus on decentralization and equitable token distribution makes it an attractive option for users and developers seeking a reliable and high-performance platform *


$HYPE $BNB