Overview of Hyperliquid Markets
Hyperliquid has emerged as a prominent decentralized exchange, offering a diverse range of trading pairs with competitive liquidity and volume. Below is a detailed breakdown of its top markets, ranked by trading volume.
Top Trading Pairs on Hyperliquid
| # | Currency | Pair | Price | Volume (24h) | Market Share | Last Update |
|----|---------------------------|---------------|--------------|-----------------|--------------|--------------|
| 1 | Hyperliquid (HYPE) | HYPE/USDC | $38.85 | $124,167,461 | 75.81% | Recently |
| 2 | Bitcoin (UBTC) | UBTC/USDC | $108,980.15 | $31,909,930 | 19.48% | Recently |
| 3 | Purr (PURR) | PURR/USDC | $0.1847 | $5,633,935 | 3.44% | Recently |
| 4 | Ethena USDe (USDE) | USDE/USDC | $1.00 | $1,249,768 | 0.76% | Recently |
| 5 | Tether Gold (XAUT0) | XAUT0/USDC | $3,348.44 | $307,690 | 0.19% | Recently |
👉 Explore Hyperliquid’s top performers for real-time trading opportunities.
Niche and Low-Volume Pairs
While Hyperliquid supports lesser-known tokens, their trading activity remains minimal. Examples include:
- PiP (PIP/USDC): $211,502 volume (0.13% share)
- Hypurr Fun (HFUN/USDC): $161,966 volume (0.10% share)
- Rage Trade (RAGE/USDC): $105,057 volume (0.06% share)
Key Highlights
- Dominance of HYPE: Hyperliquid’s native token (HYPE) dominates 75% of the platform’s volume, indicating strong trader confidence.
- Bitcoin’s Niche Role: The UBTC/USDC pair caters to synthetic Bitcoin trading, capturing nearly 20% of volume.
- Emerging Tokens: Projects like Purr (PURR) and Ethena USDe (USDE) show growing traction.
FAQ
Q: What makes Hyperliquid unique among DEXs?
A: Hyperliquid combines deep liquidity for native tokens with a user-friendly interface, appealing to both retail and institutional traders.
Q: How frequently are trading pairs updated?
A: Markets are refreshed in real-time, with "Recently" indicating the latest data sync.
Q: Are low-volume pairs risky?
A: Yes—thin liquidity can lead to higher slippage. Always check depth charts before trading.
👉 Dive deeper into decentralized finance trends for expert insights.
Conclusion
Hyperliquid’s market diversity and high-volume dominance by HYPE/USDC make it a standout platform for crypto traders. Whether you’re trading top pairs or exploring niche assets, always prioritize liquidity and risk management.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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