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Governance · Hyperliquid L1
Hyperliquid (HYPE)
Hyperliquid (HYPE) is a governance token on Hyperliquid L1. Native token for Hyperliquid L1 perp DEX and staking.
Last reviewed June 2026
Native token for Hyperliquid L1 perp DEX and staking.
Read full Hyperliquid protocol guide →
HYPE: frequently asked questions
What is HYPE?
Hyperliquid (HYPE) is a governance token on Hyperliquid L1. Native token for Hyperliquid L1 perp DEX and staking.
What type of token is HYPE?
HYPE is classified as a Governance token primarily used on Hyperliquid L1. Native token for Hyperliquid L1 perp DEX and staking.
Where can I research Hyperliquid further?
Read our full protocol guide at decentralized-finance.io/article/hyperliquid-perp-dex-explained/ for mechanics, risks, and use cases.