Market Cap
$13.13B
Fully Diluted Val.
$56.38B
24h Volume
$830.34M
Circulating Supply
222.45M HYPE
Total Supply
954.86M HYPE
Burned
45.14M HYPE
Max Supply
1.00B HYPE
Perp Open Interest
$1.21B
HYPE price
Supply, burns & unlocks
Where every HYPE token sits today — the live buyback-and-burn, the full supply breakdown and the forward unlock schedule.
HYPE buyback & burn
LIVE · ON-CHAINThe Assistance Fund converts ~99% of protocol fees into HYPE on the open market; its holdings are recognized as burned (Dec 2025 governance vote). Every buy below is a real on-chain fill — totals refresh continuously.
Burned all-time
45.14MHYPE
$2.67B at today’s price
Assistance Fund + burn addresses — recognized as burned (Dec 2025 governance vote)
-0.00%
deflation / yr
+4.51%
of 1B genesis supply
Live burn feed
Connecting to the Assistance Fund burn stream…
0
HYPE this session
$0
USD burned
0
burns seen
HYPE distribution
Where the original 1B genesis supply sits, the largest holders, and how concentrated the genesis allocation is. The Burned slice (Assistance Fund + burn addresses) is recognized as burned (Dec 2025 governance vote), putting max supply near ~954M.
HYPE unlock schedule
Curated · as of Jun 11, 2026Token allocation and the vesting / emissions release of the 1B genesis supply — unlock events hit the 6th of each month (UTC).
Next unlock
—
~9.92M HYPE scheduled (≈$585.72M at the live price) · monthly on the 6th
—
Last unlock · Jun 6, 2026:~$675.00M scheduled· team signaled claiming only ~$38.00M (5.6%)team signaled; verify on-chain
Scheduled ≠ claimed — contributors can leave vested HYPE unclaimed, so the realised sell-side overhang can run far below the headline figure.
Unlocked at genesis
31%
310M · Nov 2024
Core-contributor overhang
238.00M
$14.05B
Monthly unlock
9.92M
$585.72M/mo · on the 6th
Vesting window
2025–27
~24-month linear
Core-contributor unlocks (~9.92M HYPE/mo, 6th of each month)ends Nov 27
| Allocation | Share | Status |
|---|---|---|
| Future emissions & community rewards | 38.888% | Emissions |
| Genesis airdrop | 31% | Unlocked |
| Core contributors | 23.8% | Vesting |
| Hyper Foundation budget | 6% | Discretionary |
| Community grants | 0.3% | Discretionary |
| HIP-2 (Hyperliquidity) | 0.012% | Unlocked |
Curated from public tokenomics (Hyperliquid genesis post, tokenomist.ai, DefiLlama, Messari) as of Jun 11, 2026. Authorized allocations — the Foundation has distributed far less than the max, and core-contributor vesting follows per-recipient schedules, so actual unlocks are approximate and scheduled tranches may go unclaimed (Jun 2026: ~$38M of ~$675M signaled; verify on-chain). Not investment advice.
ETFs & institutional
Regulated spot & leveraged HYPE funds — live AUM, daily flows and HYPE held by issuers.
HYPE ETFs
Holdings as of Jun 10, 2026Live AUM
Regulated spot & leveraged HYPE funds — institutional access to Hyperliquid via traditional brokerage.
Combined net assets
$172.47M
live · HYPE held × price
Cumulative inflows
$159.91M
since launch · as of Jun 10, 2026
Funds trading
4
4 listed
HYPE held by ETFs
2.92M
1.31% of circulating
HYPE ETF net flows
Estimated daily net flows (bars) and cumulative inflows (line) · issuer-reported through 2026-06-05.
$159.91M
cumulative
| Ticker | Product | Type | Status | Fee | AUM | Staking |
|---|---|---|---|---|---|---|
| BHYP May 15, 2026 | Bitwise Bitwise Hyperliquid ETF | Spot | Trading | 0.34% | $108.46M 1.84M HYPE | In-house staking |
| THYP May 12, 2026 | 21Shares 21Shares Hyperliquid ETF | Spot | Trading | 0.30% | $59.93M 1.01M HYPE | Via Figment (30–70%) |
| HYPG Jun 3, 2026 | Grayscale Grayscale Hyperliquid Staking ETF | Spot | Trading | 0.29% | $4.07M 69.00K HYPE | ~2.2% staking yield pass-through |
| TXXH May 20, 2026 | 21Shares 21Shares 2x Long HYPE ETF | Leveraged | Trading | — | — | — |
Holdings as of Jun 10, 2026 · spot AUM = HYPE held × live price · HYPG passes through ~2.2% est. staking yield
AUM is live— for spot funds it is computed as HYPE held × the live HYPE price (an indicative NAV). HYPE-held baselines, daily flows and cumulative inflows are curated from public reporting (issuer & SEC disclosures, CoinGlass, news) as of Jun 10, 2026— no free real-time flows feed exists. Grayscale’s HYPG additionally passes through an estimated ~2.2% staking yield to holders. Not investment advice.
Network activity
HyperEVM — HYPE is the gas token of Hyperliquid's general-purpose chain.
HyperEVM activity
Hyperliquid's EVM layer — HYPE is the native gas token.
Top HyperEVM protocols by TVL: Kinetiq (kHYPE) $880M · HyperLend $377M · Morpho $261M — curated, as of Jun 11, 2026.
About HYPE
About HYPE
HYPE is the native token of Hyperliquid, a high-performance layer-1 blockchain purpose-built for an on-chain perpetuals and spot order-book exchange. The token underpins the network: it is used to pay for activity on HyperEVM, can be staked to help secure the chain, and aligns the community around the protocol's growth.
Trading on Hyperliquid runs through a fully on-chain central limit order book with sub-second finality, giving traders a CEX-like experience with self-custody. Protocol revenue and the HLP vault feed back into the ecosystem rather than to external market makers.
Read the Hyperliquid docsToken metrics
Price$59.04
24h change+11.73%
Circulating23.3%
Max supply1.00B HYPE
All-time high
$75.51
Jun 2, 2026 · curated · -21.8% from ATH
Burned45.14M HYPE (4.5%)
Perp funding (1h)-0.0021%
Max leverage10×
Staking & validators →