Hyperliquid HYPE
Rank #10 layer1defi
Supply release: when does the rest arrive?
22% circulating78% of the maximum HYPE supply has not been released yet.
The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
If every HYPE that can ever exist were circulating at today's price, the market capitalisation would be about 4.5× what it is now.
Supply at a glance
About Hyperliquid
Hyperliquid is a decentralised derivatives exchange running on its own purpose-built blockchain, known for order-book perpetual futures trading without a central operator. HYPE is its native token, used for fees and staking within that ecosystem.
Created by Jeff Yan and the Hyperliquid Labs team (2023).
Hyperliquid in context
Hyperliquid is trading within 2.1% of its all-time high of A$124.46 (September 2026) — price discovery territory. Over the past 90 days it has gained 36.1% in AUD terms, outperforming Bitcoin's +8.5% by 27.5 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 7.1% of its market value — liquid enough that ordinary retail orders fill without drama.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 100% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 222.4 million HYPE circulating, every dollar of HYPE price is A$0.22B of market cap — so check what a target actually implies:
Where to buy Hyperliquid in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ HYPE/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| CoinSpot | ✓ HYPE/AUD | 1% + spread | 8.5/10 | Buy on CoinSpot* |
| Digital Surge | ✓ HYPE/AUD | 0.5% | 7.7/10 | Buy on Digital Surge* |
FAQ
What is the Hyperliquid (HYPE) price in AUD right now?
The HYPE price in AUD is about A$121.88 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any HYPE amount into AUD at the live rate.
How do I buy Hyperliquid in Australia?
Hyperliquid is listed on Swyftx, CoinSpot, Digital Surge with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy HYPE — most platforms complete this in minutes after ID verification.
Is Hyperliquid taxed in Australia?
Yes — the ATO treats Hyperliquid as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the HYPE supply be released?
78% of the maximum HYPE supply has not been released yet. The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
Who created Hyperliquid?
Created by Jeff Yan and the Hyperliquid Labs team (2023).
What is Hyperliquid's all-time high in AUD?
Hyperliquid peaked at A$124.46 in September 2026. Today's price sits 2% below that peak — the stat cards above track it daily.
Why does the HYPE price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.