HYPE/USDT0 on HyperliquidSpotPerp

Trading status

Live

Trading hours

24/7/365 (no market open or close)

Daily history since

2025-08-18

Contract spec from operator documentation · snapshot as of 2026-10-28 06:01 UTC

Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).

Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.

Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.

Trading HYPE on Hyperliquid means trading the exchange's own token on its own order book — a reflexive setup that doesn't really have a direct parallel among the other markets listed here. HYPE captures value from Hyperliquid's protocol activity and is central to the platform's fee and buyback mechanics, so its price action tends to be closely tied to the exchange's own volume, open interest, and broader adoption trends rather than following the wider altcoin market in lockstep. Leverage caps out at a moderate tier relative to BTC and ETH, which fits a token that is more liquid than most single-project altcoins but still meaningfully more volatile than the two majors. Funding on HYPE-USD can run hotter than BTC or ETH during periods when the community narrative around Hyperliquid itself is especially active — new feature launches, HIP proposals, or ecosystem milestones are the kind of events that tend to move it. Because it's the platform's native asset, HYPE also tends to attract a disproportionate share of retail attention relative to its market size.