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Hyperliquid HYPE |
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$15.3 |
-3.54% (24h) |
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Marketcap |
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$5,109,681,188 |
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Volume 24h |
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$109,230,717 |
Description
Hyperliquid is a decentralized trading platform designed for high-speed, low-latency trading of various digital assets, including cryptocurrencies and tokens. The platform utilizes cutting-edge technology to provide users with an efficient and seamless trading experience, focusing on improving liquidity and reducing slippage. Hyperliquid aims to address the challenges faced by traditional decentralized exchanges (DEXs), such as high transaction fees and slower execution times. The platform’s liquidity pools are optimized for speed and efficiency, allowing users to trade with minimal costs and maximum precision. Hyperliquid’s native token is used for governance, transaction fees, and incentivizing liquidity providers to participate in the ecosystem.