Coinranking
Hyperliquid Ecosystem Coins
113 coins #39 Page 3| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| | 101 |  The official meme for the $800/pt HL retard ATEHUN | $ | --%  | |
| | 102 |  First AI investment DAO on Hyperliquid HWTR | $ | --%  | |
| | 103 |  HyperSwap SWAP | $ | --%  | |
| | 104 |  Tilt.Fun TILT | $ | --%  | |
| | 105 |  Reverse Unit Bias RUB | $ | --%  | |
| | 106 |  JPEG JPEG | $ | --%  | |
| | 107 |  Yield Acceleration Protocol YAP | $ | --%  | |
| | 108 |  SCHIZO SCHIZO | $ | --%  | |
| | 109 |  Hopurr HOP | $ | --%  | |
| | 110 |  NO CEX NOCEX | $ | --%  | |
| | 111 |  Wrapped Staked USR WSTUSR | $ | --%  | |
| | 112 |  Finding Niggo in the vast hyperliquid ocean NIGGO | $ | --%  | |
| | 113 |  Kittenswap KITTEN | $ | --%  | |
Trending Hyperliquid Ecosystem Coins
| Coins | Price | 24h | |
|---|---|---|---|
| |  Hyperliquid HYPE | $ | -2.31%  |
| |  Pudgy Penguins PENGU | $ | +0.10%  |
| |  Neiro NEIRO | $ | +1.38%  |
| |  Pump PUMP | $ | -6.14%  |
| |  SOVRUN SOVRN | $ | -2.55%  |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| | Neiro NEIRO | $ | +1.38% | ||
| | Pudgy Penguins PENGU | $ | +0.10% | ||
| |  Resolv USR USR | $ | -0.13%  | ||
| |  PURR PURR | $ | -1.63%  | ||
| | Hyperliquid HYPE | $ | -2.31% | ||
| All gainers | |||||
What Is the Hyperliquid Ecosystem?
Hyperliquid is a full-stack DeFi ecosystem built on its own high-performance Layer-1 (Hyperliquid L1) and HyperEVM. It delivers centralized-exchange speed and depth—sub-second finality, 200k+ orders per second—while keeping every trade, vault, and smart contract fully on-chain and transparent.
Quick Facts
- Launch / architecture: Public mainnet late-2023; custom HyperBFT consensus, ~0.2s finality, 200k TPS benchmark.
- Native token: HYPE — gas, staking, governance, and fee-share buy-backs.
- Core primitive: On-chain Central Limit Order Book (CLOB) for perpetuals & spot; gas-free trading, ultra-low fees.
- Developer layer: HyperEVM — EVM-compatible runtime enriched with native trading APIs, builder codes, and revenue rebates.
Key Projects & Services
- CLOB & Perpetuals: Native order-book perps (BTC, ETH, SOL, >180 markets) with up to 50× leverage and instant settlement.
- Vaults & Strategies:
- HLP – automated market-maker vault sharing perp fees and PnL.
- Hyperdrive – copy-trading vaults tied to top-performing wallets.
- Hyperlend, HarmonixFi – lending/leverage vaults looping yields.
- Modular DEXs: KittenSwap, Valantis, and others plug into CLOB liquidity for spot swaps.
- Stablecoins & LSTs: feUSD (native USD), Hyperstable (CDP), and liquid-staked HYPE (steHYPE) for composable collateral.
- Launch & Grants: HIP auctions for new tokens, builder codes that share 50% of generated fees, and ecosystem grants exceeding $10M.
Benefits
- CEX performance, DeFi transparency: Deep liquidity (> $1.7B TVL) and 2s trade finality while fully auditable on-chain.
- Deflationary flywheel: 97% of protocol fees auto-buyback & burn HYPE, aligning user, validator, and builder incentives.
- Composable primitives: Vaults, perps, spot, and lending share one risk engine and order book—enabling novel strategies.
- Builder-first culture: Fair launch, no VC pre-mine, immediate fee rebates, and native trading APIs attract developers.
Risks & Tradeoffs
- Nascent infrastructure: Validator set, bridge security, and decentralization still maturing.
- Liquidity silo: Ecosystem is highly efficient internally, yet cross-chain interoperability remains early.
- Regulatory spotlight: On-chain perps may draw scrutiny from derivatives regulators.
- Competitive landscape: Must maintain volume and innovation against other high-speed L2s and perp-specific rollups.
Final Thoughts
Hyperliquid re-imagines DeFi around a hyper-fast, trading-centric Layer-1. Its CLOB engine, deflationary tokenomics, and developer rebates create a self-reinforcing cycle of liquidity and builder activity. For traders and protocols seeking CEX-grade performance without custody trade-offs, Hyperliquid is a standout—just remember to monitor decentralization progress and cross-chain roadmap as the network scales.