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HyperEVM

High-performance L1 blockchain with 0.07-second block times, supporting decentralized exchange with zero gas fees, up to 40x leverage, and fully onchain order book.

Hyperliquid is a high-performance Layer 1 blockchain designed to unify decentralized finance operations. The platform combines trading, building, and asset exchange on a single chain with 0.07-second block times and capacity for 200,000 TPS.

The flagship decentralized exchange offers zero gas fees on all orders, up to 40x leverage trading, and maintains a fully onchain order book where all trades, funding, and liquidations occur transparently on the Hyperliquid L1. The platform features one-click trading without wallet approval interruptions.

Key Performance Metrics:

  • 1.4+ million users actively using the platform
  • $8.6B daily trading volume
  • 200,000 maximum transactions per second
  • 0.07-second block finality

The network operates without traditional investors or paid market makers, focusing on community governance through HYPE, the native token. Users can participate in network ownership, governance, and security through token holdings.

Technical Features:

  • Transparent operations with fully onchain order book
  • Low-latency trading with sub-second block times
  • Capital efficiency through high leverage options
  • Seamless UX with minimal friction trading interface

Hyperliquid addresses crypto market fragmentation by providing a unified platform where developers can build projects while traders access high-performance decentralized exchange functionality on the same infrastructure.

Category:

Layer 1

Block explorers

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Chain Details:
  • Launch Date

    Feb 2025
  • Consensus

    HyperBFT
  • Governance

    On chain, Dao
  • Documentation

    Docs
  • Source code

    Code

Updated .

Native Coin Details:
  • Name

    Hyperliquid
  • Symbol

    HYPE
  • Logo

    Hyperliquid (HYPE) cryptocurrency logo
  • Market Cap Rank

    # 29
  • Market Cap

    $6.40B
  • Market Cap % (24h)

    + 6.54 %
  • Fully Diluted Valuation

    $25.84B
  • Total Volume

    $202.96M
  • Circulating Supply

    $238.39M
  • Total Supply

    $962.27M
  • Max Supply

    $1.00B

Updated .

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