Notice: The trading of this cryptocurrency is currently not supported on OKX TR. Continue trading with cryptocurrencies listed on OKX TR.
HYPE
HYPE

Hyperliquid price

$38.5410
-$1.4080
(-3.53%)
Price change from 00:00 UTC until now
USDUSD

Hyperliquid Feed

The following content is sourced from .
Tracy
Tracy
【Growth Strategy|@HyperliquidX How to Become the Strongest On-Chain DEX?】 In the past year, Hyperliquid has risen with almost overwhelming speed, quickly dominating the on-chain derivatives market and becoming the most talked-about and controversial DEX. You may have experienced its high-leverage trading, used its no KYC platform, and witnessed the public uproar caused by James Wynn opening a $500 million position on-chain. But what truly makes Hyperliquid the "strongest DEX" on-chain is not just one or two breakthroughs, but its extreme advancements across multiple dimensions. 1️⃣ Four Dimensions of "Extremity" Strategy ① Extremely Low Barriers Hyperliquid replicates the user experience of CEX but requires no KYC at all. Up to 50x leverage; Smooth UI / Fast matching; Instant use, no identity verification; For users, this is a DEX that is infinitely close to CEX, with almost zero barriers. ② Extremely Deflationary Model It has no VC, no private placements, but returns nearly 100% of the platform's revenue to the community, truly building a closed-loop deflationary model. 46% of transaction fees rewarded to HLP; 54% flows into the Assistance Fund for repurchasing and burning $HYPE; This is a rare "pure endogenous growth" model, returning almost all platform revenue to users, directly driving the spiral rise of $HYPE. The result was that the day before yesterday, $HYPE broke its historical high, reaching $45. ③ The Largest Airdrop in History In November 2024, Hyperliquid airdropped $HYPE, accounting for 31% of the total supply and worth over $1.2 billion, to early users, activating trading and viral growth. After the $HYPE airdrop, it rose from an initial $3.9 to $34.96, this visible "wealth effect" instantly attracted countless eyes. ④ The Strongest Attention Economy One of Hyperliquid's major features is: trading = content. On-chain positions are fully public, and whale trades become a source of traffic: James Wynn's $568 million BTC long position attracted countless FOMO followers; Andrew Tate's 76 high-leverage trades ignited social media discussions; Position → Emotion → Liquidity, this attention economy flywheel has no equal on-chain. 2️⃣ The Cost Behind Extremity When everything is pushed to the extreme, costs come along. Behind Hyperliquid's "high-performance narrative," some structural risks have begun to emerge: Whale arbitrage incidents: High leverage + unlimited positions led to the HLP treasury losing millions of dollars within 24 hours. Governance intervention in the market: Community governance adjusted oracle prices to force liquidations, raising questions about "decentralization." Lack of transparency in strategies: The code has not been fully open-sourced, and key trading and liquidation logic is controlled by an off-chain team, lacking public verifiability. These issues have prompted the industry to reflect on "black-box DeFi," with Sky (former MakerDAO) co-founder @RuneKek stating plans to create an "open-source version of Hyperliquid" to replace the existing model. Summary: From Extreme Rise to Mechanism Test Hyperliquid's success is not because it is perfect, but because it dares to push experience, deflation, and traffic to the extreme. Its "strengths" have allowed it to reach the top, but whether it can traverse cycles depends on whether its "weaknesses" can be addressed. Of course, its weaknesses are not just its own issues, but structural problems that the entire industry must solve before on-chain finance can become mainstream.
Show original
961
1
Christy Choi
Christy Choi
How long do we think it takes for HYPE to flip SOL?
905
0
Mark
Mark
Ticker is $LICKO by a very good team will be bidding at this level Mascot of $HYPE we caught all mascot of new chains $TRON - $SUNDOG $SUI - $HIPPO & $LOFI Now time for $HYPE - $LICKO
Mark
Mark
Bought something on hyperchain and it’s my first token on Hyperchain. You guys saw what I did with $TRX = $SUNDOG Then $SUI = $HIPPO and $LOFI now watch on Hyperchain I gonna drop a generational wealth Plays. Go on dexscreener see which token on Hyperchain look like this and join the ride to 100m
6.52K
464
Alex Svanevik 🐧
Alex Svanevik 🐧
Top 3 tokens staked since we launched Nansen Points last night: 🏅 HYPE 🥈 SOL 🥉 SUI
10.59K
103
Tobias Reisner
Tobias Reisner
People are force sidelined on $HYPE because of their Mandate. ~ @0xOmnia on @0xResearch This is why Public companies like @TonyGuoga and $EYEN buying $HYPE is so interesting. $MSTR was running the most before BTC ETFs got approved. It was an easy way for Funds to get Exposure to BTC. History will repeat with $HYPE.
7.99K
16

About Hyperliquid (HYPE)

  • Official website
  • Github
  • About third-party websites
    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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 flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.
Show more
Show less
Trade popular crypto with low fees and powerful APIs
Trade popular crypto with low fees and powerful APIs
Get started

Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4.9K new posts about Hyperliquid, driven by 2.6K contributors, and total online engagement reached 2.5M social interactions. The sentiment score for Hyperliquid currently stands at 80%. Compared to all cryptocurrencies, post volume for Hyperliquid currently ranks at 1132. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Hyperliquid.
Powered by LunarCrush
Posts
4,872
Contributors
2,624
Interactions
2,529,009
Sentiment
80%
Volume rank
#1132

X

Posts
4,474
Interactions
2,401,890
Sentiment
83%

Hyperliquid FAQ

How much is 1 Hyperliquid worth today?
Currently, one Hyperliquid is worth $38.5410. For answers and insight into Hyperliquid's price action, you're in the right place. Explore the latest Hyperliquid charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Hyperliquid, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Hyperliquid have been created as well.
Will the price of Hyperliquid go up today?
Check out our Hyperliquid price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Start your crypto journey
Start your crypto journey
Faster, better, stronger than your average crypto exchange.