What is Hyperliquid?

A blockchain built for fast, onchain trading

HYPE is the native crypto asset of Hyperliquid, a blockchain designed for fast and seamless crypto trading directly onchain. The platform focuses on both spot trading and derivatives trading, meaning users can trade assets like Bitcoin and Ethereum or speculate on their price movements through contracts.

Hyperliquid combines trading and applications in one system, allowing users to trade, manage positions, and interact with decentralized apps without leaving the network, with HYPE powering activity behind the scenes.

Why HYPE?

HYPE is closely linked to how the Hyperliquid network is used:

Optimized for trading: Built specifically for high speed crypto trading, including derivatives, with a smooth user experience.

Onchain transparency: Trades and activity happen directly on the blockchain, making them visible and verifiable.

All in one platform: Users can trade, monitor positions, and use applications within the same ecosystem.

Usage driven demand: As more traders and applications use the network, demand for HYPE can grow.

HYPE: Powering trading and network activity

HYPE is the asset that powers the Hyperliquid ecosystem.

Transaction fees: It is used to pay for actions on the network, such as executing trades and interacting with applications.

Trading activity: Every trade, including derivatives positions, contributes to overall network usage.

Staking and security: HYPE is also used within the network’s staking model, helping secure and operate the blockchain.

The vision behind Hyperliquid

Hyperliquid aims to bring professional level trading tools, including derivatives, fully onchain while maintaining speed and ease of use. The goal is to combine the performance of traditional trading platforms with the transparency and accessibility of blockchain technology.

By unifying trading, liquidity, and applications in one system, Hyperliquid seeks to create a more efficient and scalable foundation for crypto trading, with HYPE at the center of network activity.

Invest in HYPE

Virtune Hyperliquid ETP is a physically-backed exchange-traded product (ETP) designed to offer investors a secure and cost-effective way to gain exposure to Hyperliquid (HYPE). This is made possible through a transparent and physically-backed structure with institutional-level security.

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