Hyperliquid Exchange

Overview

Hyperliquid is a decentralized exchange (DEX) built on its own Layer-1 blockchain that combines on-chain transparency with the trading features traders expect — sub-second block times, low fees, and centralized-style orderbook trading for both spot and perpetual derivatives. The project emphasizes on-chain central limit order books (CLOBs) and aims to offer fast, low-latency trading while retaining custody and settlement on chain. :contentReference[oaicite:0]{index=0}

Core advantages

• On-chain order books: Limit orders and market orders executed on the Hyperliquid chain so orders & settlements are auditable on-chain. :contentReference[oaicite:1]{index=1}
• Low latency & high throughput: Designed for fast trading UX and high order throughput suitable for both retail and algorithmic traders. :contentReference[oaicite:2]{index=2}
• Perps + Spot: Offers perpetual futures in addition to spot markets, enabling leveraged trading native to the DEX environment. :contentReference[oaicite:3]{index=3}

Products & Markets

Hyperliquid lists 100+ spot and perpetual markets and supports advanced order types familiar to professional traders, including limit, market, and leveraged positions. The UI is built to resemble centralized exchange workflows while keeping asset custody on chain. :contentReference[oaicite:4]{index=4}

HYPE Token & Market

The HYPE token powers governance and ecosystem incentives across Hyperliquid. HYPE is listed on major coin trackers and markets; token economics and market data are actively tracked across exchanges and data aggregators. For live price and marketcap consult financial trackers. :contentReference[oaicite:5]{index=5}

Developer & API resources

Developers can integrate via Hyperliquid's documented API and SDKs; full API reference and technical docs for exchange endpoints, order signing and vault/subaccount mechanics are available in the official docs. This makes it straightforward to build bots, wallets and third-party tooling. :contentReference[oaicite:6]{index=6}