Hyperliquid (HYPE) Coin Check
Hyperliquid is its own layer-1 blockchain with the largest decentralized exchange for perpetual futures. HYPE is used for fees, staking and governance, and most trading fees go into buying back HYPE.
The analysis in detail
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Hyperliquid is compared with its own history.
What speaks against the project and what to watch out for.
The full analysis for Hyperliquid and more than 1,000 other coins
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansFrequently asked questions
What is Hyperliquid?
Hyperliquid is its own layer-1 blockchain with the largest decentralized exchange for perpetual futures. HYPE is used for fees, staking and governance, and most trading fees go into buying back HYPE.
How does CryptoCompass rate Hyperliquid?
With an overall grade of 1.4 (81 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
How far is Hyperliquid from its all-time high?
The all-time high of HYPE is $97.96 (23 Sept 2026). On 1 Oct 2026, HYPE trades at $87.44, which is 11% below it.
Is the grade a buy recommendation?
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
More coins in the Coin Check
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 1 Oct 2026.