Hyper Foundation
The flagship application: the premier
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exchange
Low fees
Zero gas and low fees
on all orders.
Up to 50x leverage
Trade with conviction to maximize
capital efficiency.
Transparent
Fully onchain order book. Trades,
funding, and liquidations all happen
on the Hyperliquid L1.
Seamless
One-click trading. No wallet
approvals to interrupt your flow.
The
Stack
Perps and spot order books are  two flagship applications built on  the Hyperliquid L1. But they are  just the tip of the iceberg.  User-built applications and native  components interact seamlessly to  let anyone use apps, launch tokens,  and trade, all in one place.  High performance applications are built  natively. These financial primitives are  accessible to user-built applications on  the general-purpose HyperEVM, which  supports familiar Ethereum tooling.  The HyperEVM and native components  exist as one unified state, unlocking  applications that simultaneously  require performance, liquidity,  and programmability.  The foundation of the Hyperliquid  L1 is HyperBFT consensus, which  lets a disparate set of nodes agree  on the state of the world. The state  comprises all applications, both  those built as native components  and the HyperEVM. 
Block time
0.2 seconds
Users
238,118
Transactions per second
200,000
Daily volume
$5.7B
No investors. No paid market makers. No fees to any company.
Community first.
Anyone can own, govern, and
secure Hyperliquid through HYPE,
the network's native token.
Own a piece of Hyperliquid today.
Start Trading
Start Building