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    HyperLiquid

    HyperLiquid priceHLP

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    HyperLiquid price live data summary

    The live price of HyperLiquid is -- per (HLP / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. HLP to USD price is updated in real time. HyperLiquid is 0.00% in the last 24 hours. It has a circulating supply of -- .

    What is the highest price of HLP?

    HLP has an all-time high (ATH) of --, recorded on .

    What is the lowest price of HLP?

    HLP has an all-time low (ATL) of --, recorded on .
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    HyperLiquid ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About HyperLiquid (HLP)

    What Is Hyperliquid?

    Hyperliquid is a decentralized perpetual exchange (DEX) built on a high-performance Layer 1 (L1) blockchain. Designed to meet the demands of modern decentralized finance (DeFi), Hyperliquid focuses on offering a seamless, transparent, and secure platform for trading perpetual contracts. Unlike many other decentralized exchanges, Hyperliquid operates a fully on-chain order book, providing real-time and transparent trading of digital assets with minimal latency.

    Hyperliquid aims to solve several challenges that exist within the DeFi space, such as poor market infrastructure, inefficient order matching, and high latency. By leveraging cutting-edge blockchain technology, Hyperliquid enables traders to execute complex strategies while benefiting from the security and transparency of a decentralized system.

    How Does Hyperliquid Work?

    At its core, Hyperliquid is built around a high-speed Layer 1 blockchain optimized for derivatives trading, specifically perpetual contracts. It uses a custom-built consensus algorithm called HyperBFT to achieve low-latency, high-throughput transaction processing. This algorithm ensures that trades, orders, and liquidations are executed in real-time, with each transaction occurring transparently on-chain.

    1. Perpetual Order Book DEX

    The flagship product of Hyperliquid is its on-chain perpetual order book exchange. Unlike other decentralized exchanges that rely on automated market makers (AMMs), Hyperliquid uses a traditional order book system where traders can place bids and asks for various assets. This design mimics the familiar trading experience of centralized exchanges, making it appealing to both retail traders and professional market participants.

    Every order, cancellation, and trade is executed on-chain, ensuring full transparency. The platform currently supports up to 100,000 orders per second, with plans to scale this as needed. Orders are matched based on price-time priority, ensuring fair execution for all participants.

    1. Clearinghouse and Margining System

    Hyperliquid operates with a decentralized clearinghouse that manages users' margin balances and positions. The platform supports both cross-margin and isolated-margin trading modes. Cross-margin allows traders to share collateral across multiple positions, while isolated margin dedicates specific collateral to individual positions, reducing liquidation risk for other open trades.

    1. Oracle and Pricing Mechanism

    To ensure accurate pricing and margin calculations, Hyperliquid relies on a decentralized oracle system. Validators on the network publish spot prices from major cryptocurrency exchanges like Binance, OKX, and Bybit every three seconds. These prices are then used to calculate funding rates, manage margin levels, and trigger liquidation events. This decentralized price feed helps maintain the integrity of the platform and reduces the risk of manipulation.

    1. Bridge and Interoperability

    Hyperliquid includes an Ethereum Virtual Machine (EVM) bridge, allowing users to transfer assets between Ethereum-based networks and the Hyperliquid L1. The bridge is secured by the same validator set that operates the L1, and it ensures safe transfers of assets like USDC and ETH across chains. Users can deposit or withdraw funds using the bridge, which is designed to handle high transaction volumes securely and efficiently.

    1. API and Developer Tools

    Hyperliquid provides a set of API servers that allow developers and traders to integrate automated trading strategies. These APIs are permissionless and offer both REST and WebSocket services. Traders can use these APIs to execute complex trading algorithms, while developers can create custom tools and dashboards to interact with the platform.

    1. Vaults and Liquidity Provision

    Vaults are another core feature of Hyperliquid, allowing users to participate in liquidity provision and earn a share of trading profits. Vaults are flexible and can be managed by individuals or automated systems. The most prominent vault is the Hyperliquidity Provider (HLP), which enables community members to participate in market-making and liquidation strategies typically reserved for large institutions. Vaults have lock-up periods, and depositors earn a portion of the profits based on their contributions.

    1. Native Token Standards and Hyperliquidity

    Hyperliquid also features its own native token standard (HIP-1), which allows for the creation of capped-supply tokens that can be traded on the platform’s order books. Additionally, HIP-2 introduces a decentralized liquidity provisioning system known as Hyperliquidity, which automates liquidity provision for new tokens, ensuring deep order book liquidity even during the early stages of price discovery.

    Conclusion

    Hyperliquid is a decentralized perpetual exchange designed to meet the high demands of DeFi traders. By operating a high-performance Layer 1 blockchain, it provides a fast, transparent, and secure trading environment for perpetual contracts. With a comprehensive margining system, decentralized oracles, and tools for liquidity provision, Hyperliquid is positioning itself as a key player in the evolving landscape of decentralized finance.




    HyperLiquid price performance in USD

    24h7 days30 days90 days1 yearAll-time
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    HyperLiquid price history in USD

    The price of HyperLiquid is -- over the last year. The highest price of HLP in USD in the last year was -- and the lowest price of HLP in USD in the last year was --.
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    HyperLiquid market information

    Market cap
    --
    --
    Fully diluted market cap
    --
    --
    Volume (24h)
    --
    --
    Market rankings
    Circulation rate
    --
    24h volume / market cap
    Circulating supply
    -- HLP
    Total supply / Max supply
    -- HLP
    -- HLP
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    How to buy HyperLiquid(HLP)

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    Buy HyperLiquid (HLP)

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    FAQ

    What is the current price of HyperLiquid?

    The live price of HyperLiquid is -- per (HLP/USD) with a current market cap of -- USD. HyperLiquid's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. HyperLiquid's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of HyperLiquid?

    Over the last 24 hours, the trading volume of HyperLiquid is --.

    What is the all-time high of HyperLiquid?

    The all-time high of HyperLiquid is --. This all-time high is highest price for HyperLiquid since it was launched.

    Can I buy HyperLiquid on Bitget?

    Yes, HyperLiquid is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in HyperLiquid?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy HyperLiquid with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy HyperLiquid (HLP)?

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