FDV$84B
1d vol
1d volume
$748.4M
7d vol
7d volume
$346.3M
1d / 7d %
1d / 7d price
+0.2%/-8%
FDV$84B
1d volume
$748.4M
7d volume
$346.3M
1d / 7d price
+0.2%/-8%
@HyperliquidX
424.9K followers · 9 following
$HYPE is the protocol fuel that secures and governs the Hyperliquid network
$HYPE is the protocol fuel that secures and governs the Hyperliquid network
The Engine: What Is $HYPE?

$HYPE is the native token of the Hyperliquid Layer-1 blockchain, designed to power governance, staking, and network utility. It secures the chain through validator participation and is used to pay for transaction execution across the ecosystem, including smart contract activity on HyperEVM. Rather than being just an application token, $HYPE sits at the protocol layer and aligns incentives between traders, developers, and validators within a unified system.

HyperEVM: Smart Contracts Meet Speed

HyperEVM is the Ethereum-compatible execution layer built directly into Hyperliquid’s Layer-1. It allows developers to deploy Solidity contracts using familiar Ethereum tooling while benefiting from the same consensus and finality as the core trading engine. Because it shares state with the base chain, applications can interact natively with on-chain liquidity and infrastructure without relying on external bridges.

HyperEVM brings Ethereum-style programmability into Hyperliquid’s high-performance core
HyperEVM brings Ethereum-style programmability into Hyperliquid’s high-performance core
Unified Architecture: HyperCore + HyperEVM

Hyperliquid is built as a single Layer-1 blockchain that combines two tightly integrated components: HyperCore, the high-performance order-book trading engine, and HyperEVM, the Ethereum-compatible smart contract environment. Both operate under the same consensus mechanism and share state, meaning developers and users interact with one unified chain rather than separate networks. This design allows applications to tap directly into native liquidity and infrastructure without relying on external bridges.

One chain, shared state, seamless interaction between trading and smart contracts
One chain, shared state, seamless interaction between trading and smart contracts

Frequently Asked Questions (FAQ)

HYPE is Hyperliquid's native cryptocurrency token used for governance, staking to secure the network, and paying transaction fees.[1][2][7][8]
Hype (HYPE) is currently trading at $87.78, up 0.00% over the last 24 hours, with a 24-hour trading volume of $42.9M.
The highest USD price recorded for Hype (HYPE) is $97.38, reached on Sep 23, 2026.
The HYPE price shown on this page is the most recent USD price OpenSea has recorded for Hype, updated as new market data is processed. Fully diluted valuation (FDV) is that price multiplied by the total supply of HYPE, so it reflects every token that exists rather than only the tokens in circulation.
Hype (HYPE) has a market capitalization of $84B. The fully diluted valuation (FDV) is $84B, based on the total supply of tokens.
The 24-hour trading volume of Hype (HYPE) is $42.9M, reflecting active market participation and liquidity.
Hype (HYPE) is available on the HyperEVM blockchain. You can trade HYPE on OpenSea by connecting a wallet that supports the HyperEVM network.
You can buy Hype (HYPE) directly on OpenSea. Simply connect your crypto wallet, search for HYPE, and swap any supported token to acquire HYPE instantly. OpenSea supports trading across multiple blockchains with no account registration required.
1. Connect your crypto wallet to OpenSea. 2. Search for Hype (HYPE) or visit opensea.io/token/hype. 3. Select your preferred swap token and confirm the transaction.