Crypto perpetual market

Hyperliquid (HYPE) market page

Hyperliquid (HYPE) perpetual futures on Hyperliquid. Live price, open interest, funding rate, and order book on Hyperdash. Trade with up to 50x leverage.

Ticker
HYPE
Display name
Hyperliquid
Market class
Crypto perpetual market
Instrument
HYPE
Market
HYPE

Hyperliquid (HYPE) perpetual market

For Hyperliquid perps, check the chart, leverage, funding or positioning context, and recent trade activity before choosing direction or size. Perps give price exposure; they are not ownership of the underlying asset. New to Hyperdash? Create an account or log in, deposit funds from a wallet, card, bank/ACH where available, or exchange deposit, then use the chart and docs to check liquidity, risk, and order flow before opening a trade. Create account or log in · Deposit funds · Read the onboarding docs · Open the terminal

Frequently asked questions

What is the maximum leverage available on HYPE perps?

Hyperdash supports up to 10x leverage on Hyperliquid (HYPE) perpetual contracts.

How do I trade Hyperliquid on Hyperliquid?

Trade Hyperliquid (HYPE) on Hyperdash, the most advanced trading terminal for Hyperliquid pro traders. Hyperdash gives you live order books, real-time funding and open interest, on-chain cohort analysis, and one-click execution on every Hyperliquid market. Trade Hyperliquid on Hyperdash.

Should I long or short Hyperliquid?

Long or short Hyperliquid is your call. Review the chart, funding rate, open interest, and recent price action before opening a position. Hyperdash does not provide investment advice.

Where does Hyperliquid rank by market cap?

Hyperliquid is currently ranked #13 by total market capitalization across all cryptocurrencies.

What is Hyperliquid's circulating supply?

Approximately 238.39M HYPE are in circulation. The maximum supply is 1B.

How is smart money positioned on Hyperliquid?

The most profitable wallets on Hyperdash are net short Hyperliquid: about 66% of their notional sits on the short side of the trade. View extremely profitable cohort.

How do I trade Hyperliquid perps on Hyperdash?

Connect a wallet, deposit USDC, and place a long or short order on Hyperliquid (HYPE) from the Hyperdash terminal. Funding settles every hour and the orderbook is fully on-chain on Hyperliquid. Trade Hyperliquid on Hyperdash.

How do I buy Hyperliquid?

On Hyperdash you can take long Hyperliquid (HYPE) exposure through the Hyperliquid perpetual market. Connect a wallet, deposit USDC, and place a buy order. Hyperdash does not custody the underlying asset. Trade Hyperliquid on Hyperdash.

What is Hyperliquid's market cap?

Hyperliquid's circulating market cap is approximately $10.15B, calculated as circulating supply × current price.

What is Hyperliquid's fully diluted valuation?

Hyperliquid's fully diluted valuation is approximately $40.98B, calculated against the maximum eventual token supply.

What is Hyperliquid's all-time high price?

Hyperliquid's all-time high is $59.30, recorded on September 18, 2025.