HYPE token discussion thread

[malcovi2]

HYPE is the native token of the Hyperliquid blockchain.

https://coinmarketcap.com/currencies/hyperliquid/

reason why HYPE token is a good buy

Also CEX needs to buy liquidity before they can list HYPE tokens.

[malcovi2]

update:
Kucoin and Bingx has listed HYPE token


price had already x3 from the time that i have created this thread. You guys are missing out a potential top 10 coin

[internetional]

Is this a utility token?
Does this token offer any privileges on the exchange?  
For example, fee discounts, like when using Binance Coin to pay fees on Binance?  
Or a share in the exchange’s profits, like on Vitex, where a portion of the collected fees are regularly distributed to VX token holders?

[L4rs_]

Hello everyone,
I searched for "Hyperliquid" on Bitcointalk, and nearly no threads exist. But first, I'd like to introduce everybody to HyperLiquid.

HyperLiquid.xyz is a next-generation decentralized exchange (DEX) that aims to redefine what’s possible in the DeFi ecosystem. You can trade all major cryptocurrencies with up to 50x leverage, and the Hyperliquid chain backs everything. You log in with your wallet, deposit, trade spots & perpetual, withdraw, etc., and you don't have to trust exchanges to do the work. The freshly developed Layer 1 blockchain can handle an insane amount of transactions at nearly no fees, and there is no Venture capital in the project. Currently, you need Ethereum on Arbitrum One to make a deposit. The Hyper Foundation founded it; they can better describe what Hyperliquid is. Or even better, check it out.

There are also plenty of other coins on the Hyperliquid network. You can check them out here on Dexscreener. Some, for example, are VEGAS or FUN, used in decentralized casino apps where the casino's winnings are burnt, making the coin deflationary. Plenty of meme coins like PEPE, PURR, and others.

These are not all the advantages of the project, but it is fresh and has gotten a crazy pump over the last few days. I wonder why the crypto space hasn't heard of Hyperliquid and the HYPE token yet.

[malcovi2]

Is this a utility token?

It's a layer 1 coin

Does this token offer any privileges on the exchange?  
For example, fee discounts, like when using Binance Coin to pay fees on Binance?  
Or a share in the exchange’s profits, like on Vitex, where a portion of the collected fees are regularly distributed to VX token holders?

It is not a utility token

HyperEVM is being built, soon smart contracts are going to deployed people can create their own tokens on the HYPE network

[betswift]

Is this a utility token?

It's a layer 1 coin

Does this token offer any privileges on the exchange?  
For example, fee discounts, like when using Binance Coin to pay fees on Binance?  
Or a share in the exchange’s profits, like on Vitex, where a portion of the collected fees are regularly distributed to VX token holders?

It is not a utility token

HyperEVM is being built, soon smart contracts are going to deployed people can create their own tokens on the HYPE network

So it's basically a launch pad for them and other projects, am I correct?

[malcovi2]

So it's basically a launch pad for them and other projects, am I correct?

I can say it is similar to Uniswap but will be better in the future because they have a trading vault that has generated $43m revenue.

[L4rs_]

Log into the hyperliquid.xyz exchange and you will see it's like a super nice product a DEX blockchain based on a new chain with like so much more room for dApps and co.
On Hyperliquid, u can buy any crypto with leverage and also get access to all the HYPE tokens as well. Fees might be high now for funding but it's so nice just check it out you will see I really wonder why nobody knows it

[betswift]

So it's basically a launch pad for them and other projects, am I correct?

I can say it is similar to Uniswap but will be better in the future because they have a trading vault that has generated $43m revenue.

Thanks! Much appreciated.
I need to dig deeper into the vault part, due to not hearing about this feature anywhere.

[L4rs_]

So it's basically a launch pad for them and other projects, am I correct?

I can say it is similar to Uniswap but will be better in the future because they have a trading vault that has generated $43m revenue.

Thanks! Much appreciated.
I need to dig deeper into the vault part, due to not hearing about this feature anywhere.

Yeah the problem with the Vault is that only Perpetuals are enabled and the fees on Hyperliquid are like 8x times like Bybit

[TastyChillySauce00]

update:
Kucoin and Bingx has listed HYPE token


price had already x3 from the time that i have created this thread. You guys are missing out a potential top 10 coin

apparently the team behind the project are really good and they decide to just keep buying back the token, which speaks volume about the project.
the meta of giving away airdrop only to real genuine contributor to the protocol does work wonder when the team that made up the project aren't greedy.

and yeah, I missed the x3 opportunity because back then I legit thought the FDV can't go any higher but guess I was wrong.

[L4rs_]

update:
Kucoin and Bingx has listed HYPE token


price had already x3 from the time that i have created this thread. You guys are missing out a potential top 10 coin

apparently the team behind the project are really good and they decide to just keep buying back the token, which speaks volume about the project.
the meta of giving away airdrop only to real genuine contributor to the protocol does work wonder when the team that made up the project aren't greedy.

and yeah, I missed the x3 opportunity because back then I legit thought the FDV can't go any higher but guess I was wrong.

Yes but I tell you its not too late my friend waits for the dip since it's 4$

[malcovi2]

and yeah, I missed the x3 opportunity because back then I legit thought the FDV can't go any higher but guess I was wrong.

You missed?

EVM is not not yet released and most Cex hasn't listed this.

[malcovi2]

https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q1-2025

Grayscale is doing research on Hyperliquid this is a bullish signal

[L4rs_]

https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q1-2025

Grayscale is doing research on Hyperliquid this is a bullish signal

Honestly the whole HyperLiquid project is a bullish signal or name me one bad thing about it (except high fees IMO)