Spot market on Hyperliquid
Hyperliquid spot markets — volume, stablecoin liquidity, fees & deploy auctions.
Overview
volume, fees, stablecoin depth & HIP-2 across Hyperliquid spotMarket shape
stablecoin depth · volume concentration · fee take · HYPE — real series onlyStablecoin liquidity
Volume concentration
Spot fees · daily
HYPE spot price
Current auction
Deploy gas paid
Recent deploys
All tokens
Directory + movers · price, 24h change, volume & market cap
Top gainers · 24h
Top losers · 24h
Stablecoins
FAQ
What is the Hyperliquid spot market?
It is HyperCore's native order book for HIP-1 tokens, the token standard of the Hyperliquid L1. Orders rest in a central limit order book and match on-chain, so spot trading behaves like a centralised exchange while settling on the chain itself.
How does a token get listed on Hyperliquid spot?
Through the HIP-1 ticker auction. A deployer wins a ticker in a Dutch auction that runs 31 hours, where the deployment gas decays linearly down to a floor of 500 HYPE. Each auction opens at twice the price the previous auction settled at.
Which figures does this page track?
Every spot market with its price, 24h volume, marketcap and change, plus stablecoin liquidity on the venue and the state of the live ticker auction. Sort any column to rank the market by what you care about.