HyperLiquid

Pre-Investment Audit Scope Badge
Overall Rating Top 10 Percentile Badge
Top 10 Percentile in at Least One Category Badge

HyperLiquid Info

Discover HYPE's robust tokenomics model driving HyperLiquid, revolutionizing transaction efficiency and economic incentives.

Ticker
$HYPE
Listing Price
$10
Total Supply
1,000,000,000
Niche
  • Blockchain
  • Exchange
TGE Date
2024-11-29
Tier 1
Tokenomics
Pre-Investment
Audit
Tokenomics
Audited
Investor
Information

Tokenomics Rating

Rank
#137
Percentile
Top 10%
9
2
2
Economic Policies
92.05
Investment & Valuation
42.64
Utility & Value Flow
86.82
Market Makers
-
Distribution Fairness
98.32

Tokenomics Information

Allocation Distribution

Pool Name
Percentage
Vesting Information
Future Community Rewards38.89%60 Month Linear Vesting
Genesis Distribution31.00%100.0% at TGE
Core Contributors23.80%12 Month Cliff, 36 Month Linear Vesting
Hyper Foundation Budget6.00%60 Month Linear Vesting
Community Grants0.30%12 Month Cliff, 36 Month Linear Vesting
HIP-20.01%100.0% at TGE
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Showing 1-6 out of 6

Category Score
98.32out of 100
Percentile
Top 1%

Allocation Distribution Indicators

Highlights
0
Warnings
1
Alerts
1

Distribution Fairness

Distribution Fairness Benchmarks

Deviation from Best Performers

Deviation Status

Public Sale
-7.8%
Medium
Community
+34.7%
High
Foundation
-17.3%
High
Insiders
+5.6%
Medium
Investors
-15.2%
High

Deviation from Best Performers

This section analyzes whether the token distribution is balanced by comparing it to best-performing projects in the same niche.

It highlights low, medium, or high deviation levels across stakeholder groups and evaluates how closely the overall allocation aligns with proven benchmarks.

Overall Deviation Status

High

Category Score
—out of 100
Percentile
—

Governance Indicators

Highlights
3
Warnings
0
Alerts
0

Token Power

Token Power

This section analyzes who holds actual control over the circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power is centralized or decentralized, and flags any dominance by insiders or investors.

Token Control Status

Launch
Decentralized
Year 1
Decentralized
Year 2
Decentralized
Year 3
Decentralized
Year 4
Decentralized

Insider Dominance Test

Passed

Investor Dominance Test

Passed

Category Score
98.07out of 100
Percentile
Top 1%

Inflation Indicators

Highlights
3
Warnings
1
Alerts
0

Emission Type

Circulation

Inflation

Here we analyze whether inflation rates are sustainable, how balanced the vesting release schedule, how they compare with top-performing projects annually, and how this inflationary pressure might impact token value.

Year 1 Inflation

25.1%

Year 2 Inflation

20.3%

Year 3 Inflation

16.9%

Year 4 Inflation

14.4%

Inflation YoY

Category Score
89.15out of 100
Percentile
Top 8%

Supply Shock Indicators

Highlights
1
Warnings
0
Alerts
0

Emission Type

Circulation

Monthly Supply Shocks

Supply Shocks

Here we track the timing and size of every supply shock, we flag high, mid, and low risk supply shocks, we showcase the exact date of the largest dilution event, and enable a heatmap visualization.

Supply Shocks Counter

0 Low Risk
0 Mid Risk
0 High Risk

Highest Supply Shock

2.1%
at Month 1

Supply Shock Information

Category Score
85.83out of 100
Percentile
Top 6%

Risk of Dilution Indicators

Highlights
2
Warnings
0
Alerts
0

Initial Float / Circulating Supply

This section assesses whether the TGE float is appropriately sized, what dilution it introduces, and how it compares to best performing projects. The float is also known as circulating supply and just because tokens are unlocked does not mean they enter circulation.

Initial Float

31.00%

Best Performer Float

12.34%

Team Float Control

0.0%
Low Control
Mid Control
High Control
At launch, the team controls 0.0% of the circulating supply, reducing the real initial float to 31.00%.

Circulating Token Supply (YoY)

Vesting Release Schedule

Category Score
42.64out of 100
Percentile
Top 88%

Valuation Indicators

Highlights
0
Warnings
0
Alerts
1

Valuation Comparison

This section compares the tokens valuation and performance to other projects within the same niche. It includes ROI benchmarks from the past year, the last 15 launches, and the top 5 competitors.

Niche ROI (Past Year Blockchain)

+42.04%

Niche ROI (Last 15 Blockchain)

+80.45%

Project FDV Status

Overvalued
Under
Fairly Valued
Over
HyperLiquid is listing at 546.1% higher FDV compared to benchmark listing and current valuation averages.

Valuation Comparison

Top 5 Competitor Valuation

Category Score
82.01out of 100
Percentile
—

Token Utility Indicators

Highlights
2
Warnings
2
Alerts
1

Token Utility

This vertical evaluates whether the token has a reason to exist within the broader ecosystem, and more importantly, why the user would choose to hold it over time. In simple terms, we evaluate what value the token creates and what specific problems does it solve.

Utility Score

82.01
Excellent

Value Flow

Excellent
Utility Type
Status
Description
Governance
voting using HYPE.
Access / Feature Unlock
Access to a trading fee discount when staking HYPE.
Staking (Consensus)
proof-of-stake (DPoS) system via HyperCore.
Gas Fee
HYPE is used as gas on HyperEVM.
Medium of Exchange
HYPE is not used to pay within the protocol or for trading fees.
Showing 1-5 out of 6

Category Score
89.23out of 100
Percentile
—

Value Capture Indicators

Highlights
2
Warnings
2
Alerts
1
Value Accrual
Status
Description
Buyback and Burn
Most platform revenue is used to buy back HYPE.
Fee Redistribution
46% of revenue goes to HLP (liquidity providers); 54% to AF for HYPE buyback.
Staking Rewards
~2.5% APY from consensus layer
Buyback and LP
No mechanism for buying back and LPing tokens.
ve-Token Models
No vote-escrow token model.
Showing 1-5 out of 6

Value Capture and Accrual

This vertical evaluates how the protocol captures and retains value, and whether that retained value accrues back to the token. Most systems leak, where tokens flow in, users engage, but all the value flows out. And here we assess whether that value flows back into the token or not.

Value Accrual

Excellent

Value Capture

Excellent

About HyperLiquid

HyperLiquid operates at the forefront of digital asset management by leveraging cutting-edge protocol designs that optimize transaction speed and economic value. The $HYPE token serves as the core utility within the HyperLiquid ecosystem, facilitating seamless transactions and offering substantial rewards for participants. HyperLiquid's unique selling proposition lies in its commitment to minimizing latency and enhancing transaction ordering to ensure optimal operational execution. The economic model underpinning HYPE includes transaction fees, staking rewards, and governance utilities, all contributing to a sustainable and scalable platform. $HYPE holders are integral to governing ecosystem upgrades and ensuring protocol security through decentralized decision-making processes. With HyperLiquid, users experience unrivaled efficiency and transparency, positioning it as a leader in the blockchain space. Whether engaged in high-frequency trades or strategic investments, stakeholders benefit from HyperLiquid's commitment to technological excellence and economic innovation.