Hyperliquid (HYPE) is a high-performance decentralised exchange (DEX) built on its own custom Layer 1 blockchain, HyperEVM.
A fully on-chain perpetual order book is the core feature of the platform. Unlike traditional DEXs that rely on off-chain components or third-party infrastructure, Hyperliquid enables real-time trade execution with zero gas fees and minimal latency, delivering a trading experience comparable to centralised exchanges while maintaining full decentralisation.
The Hyperliquid blockchain is EVM-compatible, allowing developers to deploy smart contracts and build decentralised applications (dApps) directly on-chain. This expands the ecosystem beyond trading, supporting innovation across DeFi, asset management, and infrastructure tooling.
The Hyperliquid ecosystem is powered by HYPE, the native utility token used for transaction fees, staking, governance, and platform access. HYPE holders can engage with products across the network and participate in protocol governance to help shape the platform’s future.
With one of the fastest-growing user bases in DeFi, Hyperliquid has rapidly achieved product–market fit, driven by a strong community of traders, developers, and contributors building the next generation of on-chain derivatives infrastructure.
Buying Hyperliquid on Coinstash is simple and secure. Just follow these 5 steps to get started:
Login or Create An Account
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Verify Your Identity
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Deposit AUD Instantly
Add funds to your account instantly and for free through bank transfers or PayID.
Enter the Amount to Buy
Enter how much you'd like to buy in AUD or HYPE.
Complete Your Purchase
Review your trade details and confirm your buy order.