Hyperliquid Priced in Bitcoin
Hyperliquid Returns in Bitcoin Terms
| Period | Return |
|---|---|
| YTD | +257.60% |
| 1 Year | +160.20% |
| 3 Year | N/A |
| 5 Year | N/A |
| All Time | +177.33% |
Hyperliquid (HYPE) is the dominant decentralized perpetual futures exchange, processing the majority of on-chain perp volume across DeFi. Built on a custom Layer-1 blockchain with sub-second order matching and zero gas fees, Hyperliquid was launched in late 2024 by founder Jeff Yan with no venture capital — a substantial portion of HYPE supply was distributed directly to users via airdrop. The vast majority of protocol fees are used to buy back and burn HYPE, directly tying token economics to platform usage. The HIP-3 framework allows third parties to launch their own permissionless perpetual markets on Hyperliquid's stack.
Why Price Hyperliquid in Bitcoin?
Pricing Hyperliquid in bitcoin reveals its true performance against the hardest money ever created. While Hyperliquid may appear to gain value in fiat currency terms, measuring it in bitcoin shows whether it actually outperforms a fixed-supply monetary asset. PricedInBitcoin21 tracks Hyperliquid and dozens of other assets — stocks, commodities, currencies, and more — all denominated in bitcoin, updating every 2 minutes.
Last updated: November 10, 2026
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