Hyperliquid
| Specification | Details |
|---|---|
| Platform (underlying architecture) | Layer 1 |
| Consensus Algorithm | DPoS |
| Ecosystem | HyperLiquid |
| Token | HYPE |
| Native Token Ticker | $HYPE |
| Smallest Unit | 10^-18 HYPE (follows ETH, so the smallest unit is 1 wei) |
| ARR or APY | ~2-3% |
| Max Supply | 1 Billion |
| Delegation Requirements (Min-Max) | 10,000 HYPE (min) |
| Stake Activation Period | 24 hour lockup period before tokens become active for rewards |
| Reward Distribution Period | Each Epoch |
| Compounding | Enabled |
| Compounding Frequency | Auto-compounded daily |
| Unbonding Period | 5 minutes |
| Lockup Period | 1 year |
| Penalties and Slashing | No penalities, just jailing |
| Burn Mechanism | Yes, ~26% is burned |
| Validator Self-Bond Requirement | 10,000 HYPE |
| Inflation | ~26% |
| Validator Set Diversity | Need to self delegate 10k HYPE |
| Governance Mechanism | On-chain |
| Smart Contract Support | Yes, available through HyperEVM |
| Smart Contract Programming Language | Solidity |
| Cross-chain Compatibility (Interoperability) | HyperLiquid Bridge (connects its L1 to other ecosystems, particularly Eth) |
| TPS (Transaction Throughput) | 200,000 TPS |
| Transaction Finality | Single-block (0.2s) |
| Link to Explorer(s) | https://app.hyperliquid.xyz/explorer, http://hypurrscan.io/ |
| Testnet Faucet | https://sepolia-faucet.pk910.de/, https://app.hyperliquid-testnet.xyz/drip |
| Figment’s Public Validator Address | Coming soon |
| Figment Staking Guide | |
| Figment Supported MEV Relay | |
| Recommended Wallet(s) | Metamask, Rabby |
| CoinGecko Profile | https://www.coingecko.com/en/coins/hyperliquid |
Updated 28 days ago