Hyperliquid Price

Hyperliquid (HYPE) is a high-performance Layer 1 blockchain and cryptocurrency designed to create a fully on-chain open financial system. Launched on July 15, 2024, Hyperliquid aims to provide a platform for permissionless financial applications with exceptional performance. As of 2026-05-04, HYPE ranks 12 among all cryptocurrencies with a price of $41.48 and a market cap of $9.88B. Key features of Hyperliquid include: 1. Sub-second block latency for fast transactions 2. Fully on-chain order book for its native DEX 3. Transparent execution of orders, cancellations, trades, and liquidations The HYPE token has a total supply of 962.27M HYPE with 238.38M HYPE currently in circulation. Its all-time high price was $59.4 on June 16, 2025, while its all-time low was $0.01181 on October 26, 2024. Hyperliquid's ecosystem is growing rapidly, with various DeFi applications being built on its platform. The project's focus on performance and transparency has attracted significant attention in the crypto community, contributing to its impressive +1.08% price change in the last 24 hours and a -- increase over the past month.

Hyperliquid was created on July 15, 2024. The cryptocurrency was officially launched and began trading on this date, marking the start of its journey in the crypto market. Since its inception, Hyperliquid has gained significant traction and established itself as a prominent player in the decentralized finance (DeFi) and layer 1 blockchain space. As of 2026-05-04, Hyperliquid has achieved a market cap of $9.88B and is ranked 12 among all cryptocurrencies by market capitalization.

The founders of Hyperliquid are not publicly disclosed. Hyperliquid was launched as a decentralized project with a focus on privacy and anonymity. The development team behind HYPE has chosen to remain anonymous, which is not uncommon in the cryptocurrency space. This approach allows the project to be judged on its technical merits and community adoption rather than the reputation of specific individuals. The Hyperliquid ecosystem is now primarily driven by its community of developers, users, and stakeholders who contribute to its ongoing development and governance.

Hyperliquid operates on its own Layer 1 blockchain optimized for high performance and low latency. Key features include: 1. Fully on-chain financial system: All transactions, orders, and liquidations occur transparently on the blockchain. 2. Sub-second block times: Blocks are produced in less than 1 second, enabling near-instant finality. 3. Native DEX: Hyperliquid features a built-in decentralized exchange for trading perpetual contracts with an on-chain order book. 4. Composability: Developers can build financial applications that interact seamlessly with Hyperliquid's native components. 5. Tokenomics: The HYPE token is used for governance, staking, and as the network's native asset. There's a max supply of 1B HYPE tokens. 6. Performance: The network can handle an entire ecosystem of DeFi applications without compromising on speed or user experience. By combining high throughput, low latency, and full on-chain transparency, Hyperliquid aims to create an open and efficient blockchain infrastructure for decentralized finance applications.

Hyperliquid utilizes a high-performance Layer 1 blockchain architecture optimized for speed and scalability. Key features include: - Sub-second block times (<1 second latency) - Fully on-chain order book and trade execution - Native support for decentralized perpetual futures trading - Ability to run an entire ecosystem of permissionless financial applications on-chain - Transparent on-chain order placement, cancellation, trading, and liquidations - Custom-built for maximum performance in decentralized finance operations The Hyperliquid blockchain is designed to enable a fully on-chain open financial system where user-built applications can interface with high-performance native components without compromising end-user experience. This architecture allows Hyperliquid to operate complex financial applications like its flagship DEX with full on-chain transparency and efficiency.

The future of Hyperliquid (HYPE) looks promising. The project aims to build a fully on-chain open financial system with high performance and user-friendly experience. Key roadmap milestones include: 2027: Expanding the ecosystem of decentralized applications on the Hyperliquid L1, focusing on DeFi and derivatives products. 2028: Enhancing cross-chain interoperability and launching new financial instruments on the Hyperliquid DEX. 2031: Achieving widespread adoption in the crypto industry, with Hyperliquid becoming a leading platform for on-chain financial services. Long-term price predictions: 2027: $45.65 $59.07 2031: $87.18 2036: -- With its innovative technology and growing ecosystem, Hyperliquid is positioned to become a major player in the Web3 and DeFi space, potentially reaching new all-time highs in the coming years.