HYPE-USDT Perpetual Futures

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HYPE-USDT · Market overview

HYPE is the native token of Hyperliquid, a high-performance on-chain perpetual-futures exchange built on its own layer-1. It launched via a large airdrop in late 2024 and is used for staking, fees, and governance.

This is a perpetual contract, not ownership of the underlying asset. Leverage changes liquidation risk. Check the quoted collateral, funding and order costs before trading.

Understand the trade before you place it