Auto-refreshes every 30s · Max leverage: 10x
Trade Hyperliquid (HYPE) on Hyperliquid
HYPE is the native token of the Hyperliquid L1 blockchain, securing the network through HyperBFT consensus and powering HyperEVM gas. With a 1 billion fixed supply, buyback-and-burn from trading fees, and staking that unlocks up to 40% fee discounts, HYPE ties protocol revenue directly to token value. Read our full HYPE token guide for tokenomics, staking mechanics, and how it compares to exchange tokens like BNB.
Hyperliquid's HYPE perpetual tracks the HYPE/USD price using an oracle-based mark price system. Funding rates are calculated hourly and settle continuously, keeping the perpetual price anchored to spot.
Key Market Facts
Frequently Asked Questions
What leverage is available for HYPE on Hyperliquid?
You can trade HYPE perpetual futures with up to 10x leverage on Hyperliquid. Start with lower leverage (2-5x) if you are new to the platform.
What are the trading fees for HYPE on Hyperliquid?
Base taker fee is 0.045% and maker rebate is 0.015%. Fees decrease with higher volume tiers and HYPE staking. Sign up with our referral code for a 4% discount.
How does HYPE funding work on Hyperliquid?
Funding is calculated hourly and settles continuously. When the rate is positive, longs pay shorts. When negative, shorts pay longs. The rate reflects the premium between mark and oracle prices.
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