Hyperliquid
HYPE#11 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
What it is for
Hyperliquid
Trading without a middleman
120 coins tagged Decentralized Exchange (DEX), worth $32.47B together. Bigger circle, bigger coin. Order is size only.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi).
Problem it says it solves: trading without a middleman. 120 coins are working on it and together they are worth $32,474,813,490. This coin is 54% of that.
Where it trades: Bybit, Coinbase International Exchange, Coinbase Exchange, OKX, Gate
Perpetuals 49 coins, together worth $23.45B. Sorted by size.
The average coin in this group is worth $122.03M. This coin is worth 144 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Hyperliquid | $17,595,702,103 | −5.9% | 22% | no record |
| Aster | $1,912,903,513 | −2.3% | 34% | no record |
| Lighter | $1,108,824,233 | −4.2% | 25% | no record |
| Jupiter | $778,482,670 | +0.7% | 33% | no record |
| PancakeSwap | $686,658,560 | −2.4% | 80% | no record |
| Raydium | $455,615,926 | +24.9% | 49% | no record |
| Derive | $143,790,580 | −7.2% | 67% | none dated |
Derivatives 53 coins, together worth $20.16B. Sorted by size.
The average coin in this group is worth $49.24M. This coin is worth 357 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Hyperliquid | $17,595,702,103 | −5.9% | 22% | no record |
| Lighter | $1,108,824,233 | −4.2% | 25% | no record |
| Pendle | $347,598,356 | −0.5% | – | none dated |
| Derive | $143,790,580 | −7.2% | 67% | none dated |
| Synthetix | $120,251,460 | −3.2% | – | no record |
| AWE Network | $114,200,985 | −1.1% | 97% | no record |
| GMX | $78,266,635 | −1.1% | 79% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Hyperliquid
No record yet, so nothing to draw.
What is coming
Hyperliquid
No record yet.
Price and size
Hyperliquid
The last 7 days
Where today sits against its highest ever price
Highest ever: $89.60 on 6 September 2026. Today is 88% of that.
$79.12 −5.9% today
7 days −9.5%. Market cap $17,595,702,103, #11 of all coins. Its all-time high was $89.60 on 6 September 2026, so it is −11.7% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Hyperliquid is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $79.12, #11 of all coins by size, 12% below its highest ever price. 78% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Hyperliquid
22%
of all HYPE that will ever exist is already out in public hands: 222.45M coins.
78% (777.55M coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
- of the maximum supply is in circulation: 222.45M of 1B.
- 777.55Mcoins still to be released, 78% of the maximum. Releases can add selling pressure.
- 4.3×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $89.60 on 6 September 2026. That is −11.7% from the top.
- #11by market cap, $17,595,702,103.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
222.45M in public hands, 22% of the maximum.
777.55M (78%) is either not yet created or held by the project. That is a majority, and it can reach the market later.
Supply figures from CoinGecko; who exactly holds the rest is not something this site reads from the chain yet.
$79.12 −5.9% today
7 days −9.5%. Market cap $17,595,702,103, #11 of all coins. Its all-time high was $89.60 on 6 September 2026, so it is −11.7% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Hyperliquid is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $79.12, #11 of all coins by size, 12% below its highest ever price. 78% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Hyperliquid
Perpetuals: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Hyperliquid$17.6Bthis coin−5.9%22% outno record
Aster$1.91B9.2× smaller, −$15.68B−2.3%, gap +3.634% outno record
Lighter$1.11B15.9× smaller, −$16.49B−4.2%, gap +1.725% outno record
Jupiter$778.48M22.6× smaller, −$16.82B+0.7%, gap +6.533% outno record
PancakeSwap$686.66M25.6× smaller, −$16.91B−2.4%, gap +3.580% outno record
Raydium$455.62M38.6× smaller, −$17.14B+24.9%, gap +30.849% outno record
Derive$143.79M122.4× smaller, −$17.45B−7.2%, gap −1.467% outnone dated
dYdX$97.19M181.0× smaller, −$17.5B−0.8%, gap +5.185% outno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Perpetuals 49 coins, together worth $23.45B. Sorted by size.
The average coin in this group is worth $122.03M. This coin is worth 144 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Hyperliquid | $17,595,702,103 | −5.9% | 22% | no record |
| Aster | $1,912,903,513 | −2.3% | 34% | no record |
| Lighter | $1,108,824,233 | −4.2% | 25% | no record |
| Jupiter | $778,482,670 | +0.7% | 33% | no record |
| PancakeSwap | $686,658,560 | −2.4% | 80% | no record |
| Raydium | $455,615,926 | +24.9% | 49% | no record |
| Derive | $143,790,580 | −7.2% | 67% | none dated |
Derivatives 53 coins, together worth $20.16B. Sorted by size.
The average coin in this group is worth $49.24M. This coin is worth 357 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Hyperliquid | $17,595,702,103 | −5.9% | 22% | no record |
| Lighter | $1,108,824,233 | −4.2% | 25% | no record |
| Pendle | $347,598,356 | −0.5% | – | none dated |
| Derive | $143,790,580 | −7.2% | 67% | none dated |
| Synthetix | $120,251,460 | −3.2% | – | no record |
| AWE Network | $114,200,985 | −1.1% | 97% | no record |
| GMX | $78,266,635 | −1.1% | 79% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Trading without a middleman
120 coins tagged Decentralized Exchange (DEX), worth $32.47B together. Bigger circle, bigger coin. Order is size only.
In the news
Hyperliquid
Headlines per day, last 30 days
119 headlines named this coin in the last month.
What they were about
- Price14
- Treasury7
- ETF6
- Lawsuit4
- Hack4
- Unlock4
- Upgrade3
- Government3
Hyperliquid is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $79.12, #11 of all coins by size, 12% below its highest ever price. 78% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
- Crypto Update: Bitcoin Holds $78K Before CPI While Zcash, Hyperliquid and Pepeto Move
- 3 Top Crypto to Buy Now: Zcash, Hyperliquid, Pepeto as Privacy Runs 213%, Here’s What’s Next
- Crypto for Advisors: Hyperliquid and the future of finance
- Hyperliquid Open Interest Tops $14.7 Billion, Highest Since October 2025
- Hyperliquid Policy Center Urges Court To Dismiss CME's Lawsuit Against CFTCGovernment
- Cathie Wood is Optimistic About Blockchains — Ark Analyst Explains Why The Tech Underpinning Bitcoin Has Parallels With Fast Food Chains
- Renzo launches on-chain yield product on HyperliquidUpcoming
- Bankless's Methodology for a Successful Portfolio Rotation: From VVV to Hyperliquid, How to Find Undervalued Tokens?
- PONS: Short Trader Turns Profitable on Hyperliquid
- Hyperliquid user loses $738,600 in USDC
- Hyperliquid (HYPE) Pulls Back 3.7% Amid Cooling Technicals
- Jump’s Hyperliquid Footprint Explodes as Trading Volume Nears $150 Billion
- Hyperliquid Open Interest Nears Pre-Crash Peak at $14.3B; HYPE Hits Record $88
- Hyperliquid Policy Center backs CFTC in fight over perpetual futures, asks court to drop CME’s caseGovernment
- Data & Insights: Zuper Zycle; Robinhood Chain ATHs
- Alarming Hyperliquid Hack: $738,600 USDC Drained From User Account
- Hyperliquid urges court to dismiss CME's lawsui...Government
- Hyperliquid policy group cites 2 flaws in CME lawsuitGovernment
- Renzo Unveils Automated Basis Trading Strategy Built on Hyperliquid
- Hyperliquid price stalls below $90 as MACD turns bearish
- Hyperliquid Policy Center Files Amicus Brief Urging Dismissal of CME’s Suit Against CFTCGovernment
- Key facts: CRYPTO:BTCUSD dips to $77,600; Hyperliquid 500 BTC; ETF buysGovernment
- Renzo expands beyond restaking with basis trade product on HyperliquidUpcoming
- Renzo expands beyond restaking with basis trade product on Hyperliquid
- Trump's White House Endorsement 'Extremely Positive,' Says Hyperion DeFi CEO: Executive Explains Why HYPE Ownership Is 'Beneficial'Government
- Hyperliquid faces $27.8M supply pressure – Can HYPE still reach $100?
- Bitwise Pins Next Crypto Bull Market on Hyperliquid, Robinhood
- HYPE Slides 8% After Funds Line Up $150M to Unstake
- Jump Trading’s Cumulative Hyperliquid Volume Nears $150 Billion, Accounting for 7.8% of Total Perpetual Futures
- Ondo Joins Perps Race Against Hyperliquid, Coinbase — Protocol Volume Clears $100 Million On First Day
- Hyperliquid Open Interest Rebounds to $14.3 Billion, Near Pre-'10/10 Crash' Level
- Hyperliquid open interest climbs to $14.3 billion as HYPE hits all-time high
- Hyperliquid open interest climbs to $14.3 billion as HYPE hits all-time high
- Hyperliquid caps $USELESS perpetual contracts at 3x leverage, far below its 50x norm
- Hyperliquid Season 3 Airdrop Wait Fuels a Meme Coin Machi Big Brother PromotesUpcoming
- HYPE burn reaches $1.32M as Hyperliquid whales accumulate: Is $100 within reach?
- Hyperliquid (HYPE) Drops 5.24% After Record Highs
- Crypto ETFs Continue to Attract Investor Funds At a Rapid Rate. These Are the Only 3 Altcoins I'm Buying Now.
- Hyperliquid Season 3 Airdrop Wait Fuels a Meme Coin Machi Big Brother PromotesUpcoming
- Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short
119 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
What holding it gets you
Hyperliquid
Perks on its own exchange
Fee discounts and access on the exchange that issued it. Its demand follows that exchange.
- Fee discounts and access on the exchange that issued it
- Can be staked to earn a share of network rewards
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi).
Problem it says it solves: trading without a middleman. 120 coins are working on it and together they are worth $32,474,813,490. This coin is 54% of that.
Where it trades: Bybit, Coinbase International Exchange, Coinbase Exchange, OKX, Gate
Where it trades, by how much changes hands each day
- Bybit$50.13M a day, HYPE/USDT
- Coinbase International Exchange$48.8M a day, HYPE/USDC
- Coinbase Exchange$48M a day, HYPE/USD
- OKX$44.82M a day, HYPE/USDT
- Gate$30.2M a day, HYPE/USDT
- Kraken$18.32M a day, HYPE/USD
- KuCoin$10.64M a day, HYPE/USDT
- HTX$1.04M a day, HYPE/USDT
Largest venues by reported volume, from CoinGecko. Plain links, no referral.
Worth a look?
Hyperliquid
3 of 4
- ✓A real-world jobReal-world purpose: trading without a middleman
- ✓Real backingBacking: trades on Bybit, Coinbase, OKX; worth $17.6B
- ✓Something aheadAhead: news this month about upgrade, etf, treasury
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Hyperliquid is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $79.12, #11 of all coins by size, 12% below its highest ever price. 78% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
It passes 3 of the four tests.
- Real-world purpose: trading without a middleman
- Backing: trades on Bybit, Coinbase, OKX; worth $17.6B
- Ahead: news this month about upgrade, etf, treasury
The three tests: a real-world purpose, real backing, something dated ahead. Printed, never a verdict.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi).
Problem it says it solves: trading without a middleman. 120 coins are working on it and together they are worth $32,474,813,490. This coin is 54% of that.
Where it trades: Bybit, Coinbase International Exchange, Coinbase Exchange, OKX, Gate
The record
Hyperliquid
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Homepage as listed: https://app.hyperliquid.xyz/trade