Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the network ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in distributed finance (defi).
In practice, just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, efficient, and resilient blockchain. In practice, hYPE is the native token of the Hyperliquid blockchain, with a maximum supply of 1 billion. Latest snapshot shows market cap near $8,381,897,824, 24h volume around $285,242,280, 24h change down 2.36%. DexBrief is currently monitoring a live market route on Hyperliquid via Hyperliquid. DexBrief is currently blending a single public market feed for this market snapshot.
Contract references point to Hyperliquid as the primary asset platform. Project references place Hyperliquid on the Hyperliquid network. Market data providers usually group Hyperliquid with Decentralized Exchange (DEX), Smart Contract Platform, and Exchange-based Tokens. Cross-chain contract listings currently include Hyperliquid.