HYPEHyperliquid (HYPE) Price

1. Project introduction

Built with the custom HyperBFT consensus mechanism, Hyperliquid delivers extremely fast block times and high throughput, enabling a fully on-chain, open financial system for transparent, high-frequency perpetual futures and spot order book trading. Its HyperEVM extends the chain with a general-purpose smart contract environment, fostering permissionless DeFi innovation. Hyperliquid aims to address inefficiencies in market structure, technology, and user experience within DeFi by providing a unified, high-speed, and user-centric platform for a superior on-chain trading experience. The self-funded team comprises experts from top institutions and trading firms, committed to building a resilient, community-driven ecosystem.

2. Team introduction

Jeff Yan - Co-Founder & Vision Leader

Harvard graduate in Mathematics and Computer Science. Former high-frequency trading systems professional at Hudson River Trading. Founded Hyperliquid in 2023 and leads the platform’s vision and strategic development.

iliensinc - Co-Founder

Harvard classmate of Jeff Yan and co-founder of Hyperliquid, jointly driving the platform’s technical innovation and infrastructure development.

Xulian - Core Contributor

Core contributor responsible for Hyperliquid’s market growth strategy and ecosystem expansion.

3. Investment institution

Hyperliquid is a self-funded project, built and developed by its core team without external venture capital or institutional investment.

4. Token application and distribution

Token application

The $HYPE token has several core functions within the Hyperliquid ecosystem: it is used for staking to secure the HyperBFT consensus mechanism, acts as the main medium for paying transaction fees, and grants holders governance rights, enabling them to participate in key platform decisions and direction.

Token distribution

GENESIS DISTRIBUTION (AIRDROP TO EARLY ADOPTERS): 31.00%

FUTURE EMISSIONS & COMMUNITY REWARDS: 38.888%

CORE CONTRIBUTORS (CURRENT & FUTURE): 23.80%

HYPER FOUNDATION TREASURY: 6.00%

COMMUNITY GRANTS: 0.30%