Hyperlane
Current price
$0.0618
+0.65% 24h
Live Updated just now
Today Hyperlane edges up 0.7%, in line with the market, We compare the last 24 hours with this coin's typical day, from 11 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next..
Scroll to zoom · drag to move · ← → to read prices Pinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.11%
- 24 hours +0.65%
- 7 days −4.29%
- 30 days −13.56%
- 1 year −64.94%
Hyperlane's move in context
Moving with the market
+0.65% in 24 hours, close to the whole market (+0.74%). Nothing specific to Hyperlane stands out in the price.
We compare the last 24 hours with this coin's typical day, from 11 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$451.48K traded in the last 24 hours on the exchanges we read, about 5.1 times its usual day.
The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
Hyperlane's last prices on 3 exchanges we read are within 0.10% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−4.3% over 7 days and −13.6% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Hyperlane
Prices agree within 0.10% across these 3 exchanges.
- Gate.io Most traded HYPER/USDT $236.18K 24h volume Last price $0.0618 0.00% vs our price
- Bitget HYPER/USDT $110.36K 24h volume Last price $0.0618 +0.10% vs our price
- MEXC HYPER/USDT $104.97K 24h volume Last price $0.0618 0.00% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Hyperlane
Hyperliquid (HYPE)
Hyperliquid is a decentralized cryptocurrency exchange (DEX) built on its own Layer-1 blockchain, designed to facilitate high-speed, transparent, and efficient trading, particularly for perpetual futures and spot markets. The platform aims to combine the speed and user experience of centralized exchanges with the security and transparency of decentralized finance (DeFi).
Technology
Hyperliquid operates on a custom Layer-1 blockchain utilizing the HyperBFT consensus mechanism, which ensures rapid transaction finality and robust security. The platform features a fully on-chain order book, a rarity among DEXs, which enhances transparency by recording all trades on the blockchain. Hyperliquid supports high-frequency trading with ultra-low latency (approximately 0.2 seconds) and a throughput of up to 200,000 orders per second. The HyperEVM, a component of the platform, provides a general-purpose smart contract environment compatible with Ethereum Virtual Machine (EVM) standards, enabling developers to build decentralized applications (DApps) using Hyperliquid’s financial primitives.
Use Cases
The primary use case of Hyperliquid is decentralized trading, offering perpetual futures and spot trading for over 100 assets, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and various altcoins. The platform supports leverage up to 50x on perpetual futures, with advanced order types such as market, limit, and stop-loss orders. Hyperliquid also provides tools for developers, including APIs, to create financial applications within its ecosystem. The HYPE token serves multiple roles, including governance, staking, and facilitating transactions within the HyperEVM environment.
Ecosystem
Hyperliquid’s ecosystem is community-driven, with 70% of HYPE tokens allocated to users and all platform revenue redistributed to the community. The HYPE token, with a total supply of 1 billion, is used for governance, allowing token holders to vote on proposals such as fee adjustments and platform upgrades. Staking HYPE tokens enables users to secure the network and earn rewards. The platform employs a Dutch auction mechanism for permissionless token listings, with auctions occurring every 31 hours to allocate ticker symbols for new projects. Hyperliquid also features vaults, where users can participate in automated or manual trading strategies managed by community leaders, with rewards distributed based on performance.
Background
Hyperliquid was founded in 2022 by Jeff Yan and Iliensinc, both Harvard University alumni with experience in high-frequency trading and cryptocurrency market-making. The team, consisting of approximately 10 members, includes professionals from institutions like Caltech, MIT, and companies such as Citadel and Hudson River Trading. Hyperliquid is self-funded, rejecting venture capital to maintain independence and focus on community-driven development. In 2024, Hyperliquid conducted a significant airdrop, distributing HYPE tokens to nearly 100,000 users, which contributed to its rapid rise in popularity.
Risks and Considerations
Hyperliquid faces risks common to DeFi platforms, including regulatory uncertainty, which may impact operations if new laws restrict trading activities. Market liquidity risks could arise from fluctuations in user activity or external market conditions, potentially affecting trading efficiency. Additionally, while Hyperliquid employs audited smart contracts and multi-signature security, vulnerabilities in smart contracts or external bridges (e.g., Arbitrum) remain a concern. Users are advised to conduct thorough research and understand the risks before engaging with the platform.
Hyperlane market
- Position by market cap among the coins we track whose circulating supply is checked.
- #282
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $27.46M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $451.48K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.0599 High $0.0696
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.6425
- Now 10% of it Reached 25 Jul 2025 · Needs +940% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 444.5M HYPER
- 44% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 812M HYPER
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 1B HYPER
- The most coins that can ever exist. Some coins have no limit.
Hyperlane converter
1 Hyperlane = $0.0618
