What is HyperLink hlHYPE (HLHYPE)?
hlHYPE is HyperLink’s ERC20 liquid staking token for HYPE on HyperEVM. Users stake HYPE through HyperLink’s on-chain staking vault and receive non-rebasing hlHYPE at the current exchange rate. The HYPE backing the vault is delegated to Hyperliquid validators, while hlHYPE remains transferable. As validator rewards accrue, the HYPE-per-hlHYPE exchange rate increases. hlHYPE also supports staking-based trading fee discounts for eligible HyperLink users.
Where can you buy HyperLink hlHYPE?
HyperLink hlHYPE (HLHYPE) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for HLHYPE sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for HLHYPE. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.
