What Is Hyperliquid (HYPE)? The Trending Token Explained
Hyperliquid’s HYPE trades at $77.16, about 21% below its $97.96 all-time high, according to CoinGecko. If you’re asking what is Hyperliquid and why it keeps showing up on trending lists, the short answer is that it’s a blockchain built mainly to run a futures exchange, and HYPE is the token that pays for, secures and governs that chain. It’s also down 12.23% this week, so this is a good moment to understand it before…