what is hype

### Hyperliquid (HYPE) Token Overview

- **Name:** Hyperliquid - **Symbol:** HYPE - **Current Price:** $24.75 - **Market Cap:** $8,318,511,781 - **Fully Diluted Valuation:** $24,910,841,154 - **Circulating Supply:** 333,928,180 HYPE - **Total Supply:** 999,990,391 HYPE - **Max Supply:** 1,000,000,000 HYPE - **Price Change (24h):** -12.11% - **Price Change (7d):** +80.82% - **Price Change (1h):** -2.61% - **Current Sentiment:** 69.76% positive

### Description Hyperliquid is a performant Layer 1 blockchain optimized for a fully on-chain open financial system. It aims to support user-built applications interfacing with efficient native components, ensuring a seamless end-user experience. The Hyperliquid L1 can handle an entire ecosystem of permissionless financial applications, with capabilities to process 100,000 orders per second and a block latency of less than 1 second.

The flagship application is a fully on-chain order book perpetuals exchange, known as the Hyperliquid DEX. Future developments include a native token standard, spot trading, and permissionless liquidity.

### Links - **Homepage:** [Hyperliquid](https://hyperliquid.xyz/) - **Whitepaper:** [Hyperliquid Whitepaper](https://hyperliquid.gitbook.io/hyperliquid-docs) - **Blockchain Explorer:** [Hyperliquid Explorer](https://app.hyperliquid.xyz/explorer/token/0x0d01dc56dcaaca66ad901c959b4011ec) - **Twitter:** [Hyperliquid Twitter](https://twitter.com/HyperliquidX) - **Discord:** [Join Discord](https://discord.com/invite/hyperliquid) - **Medium:** [Hyperliquid Blog](https://medium.com/@hyperliquid)

### Categories - Decentralized Exchange (DEX) - Smart Contract Platform - Decentralized Finance (DeFi) - Perpetuals - Layer 1 (L1) - Hyperliquid Ecosystem

If you have any further questions or need more details, feel free to ask!