Hyperliquid (HYPE): Getting to Know the Fast DeFi Platform

Bittime - The world of Decentralized Finance (DeFi) is growing rapidly, introducing new platforms with exciting innovations. One of these is Hyperliquid (HYPE), a Layer 1 blockchain with a focus on delivering a fast, transparent, and efficient trading experience.

This article will cover in detail: What is Hyperliquid (HYPE), its tokenomics, how to buy and sell crypto on hyperliquid.xyz and how to buy HYPE on Bittime.

READ ALSO: Today's Hyperliquid Price | HYPE/IDR Price = 777,508

What is Hyperliquid (HYPE)?

Hyperliquid is a Layer 1 blockchain built to support an ecosystem of permissionless finance applications.

The advantages of Hyperliquid include:

• High speed: block latency <1 second.
• Scalability: capable of processing up to 100,000 orders per second.
• HyperBFT Consensus: an efficient and secure Hotstuff-based algorithm.
• On-chain DEX: Hyperliquid DEX as the main product for perpetual trading.

With this combination, Hyperliquid combines the efficiency of centralized exchanges with the transparency of blockchain.

Tokenomics Hyperliquid (HYPE)

• Nama token: Hyperliquid (HYPE)
• Maximum total supply: 1.000.000.000 HYPE
• Circulating supply: 270.908.567 HYPE
• Current price: around Rp. 422,204 per HYPE
• Market capitalization: Rp. 114.37 trillion
• 24-hour trading volume: Rp. 10.86 trillion

The HYPE token serves as the ecosystem's native token, supporting liquidity, transaction fees, staking incentives, and governance potential.

How to Buy & Sell Crypto on hyperliquid.xyz

Hyperliquid offers a live trading platform at hyperliquid.xyz. Here are the steps:

1. Create Wallet & Connect to Platform
   Use a compatible wallet (such asMetaMaskor wallet that supports Hyperliquid).
2. Crypto Asset Deposit
   Enter assets (eg.USDT, ETH, or SUN) to the wallet then connect to hyperliquid.xyz.
3. Start Trading
   • Select a trading pair (e.g. HYPE/USDT).
   • Determine the buy or sell amount.
   • Direct transaction confirmation on the Hyperliquid blockchain.
4. Monitor Portfolio
   All trading activity, including orders and liquidations, is recorded transparently on-chain.

How to Buy HYPE on Bittime

Besides hyperliquid.xyz, HYPE tokens can also be purchased through Bittime, a crypto exchange registered with Bappebti.

The steps:

1. Register at Bittime
   Register an account, do KYC verification.
2. Deposit Rupiah
   Minimum deposit IDR 10,000 using bank transfer or e-wallet.
3. Search for HYPE/IDR Pair
   Go to the trading menu, type “HYPE”.
4. Buy HYPE Tokens
   Select the desired amount of HYPE, then confirm the purchase.

This way, you can more easily buy HYPE using Rupiah without having to go through foreign platforms.

Conclusion

Hyperliquid (HYPE) is a Layer 1 blockchain project offering a combination of speed, efficiency, and transparency in the DeFi space. With the support of an experienced team, clear tokenomics, and a competitive on-chain DEX, HYPE has the potential to become a major player in the crypto market.

Users now have two options: trading directly on hyperliquid.xyz or purchasing HYPE through Bittime for easier access in Rupiah.

How to Buy Crypto on Bittime

Want to trade sell buy BitcoinsLooking for easy crypto investing? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is secure and fast.

Start by registering and verifying your identity, then make a minimum deposit of IDR 10,000. After that, you can immediately purchase your favorite digital assets!

Check the course BTC to IDR, ETH to IDR, SOL to IDRand other crypto assets to find out today's crypto market trends in real-time on Bittime.

Additionally, visitBittime Blogto get various interesting updates and educational information about the world of crypto. Find trusted articles on Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ 

What is Hyperliquid (HYPE)?

Hyperliquid is a Layer 1 blockchain and on-chain DEX for fast, efficient, and transparent trading.

Is Hyperliquid safe to use?

Yes, because it uses HyperBFT consensus and all transactions are recorded on the blockchain.

What is the function of the HYPE token?

As a native token for transaction fees, incentives, and ecosystem liquidity.

How to buy and sell crypto on hyperliquid.xyz?

Connect your wallet, deposit assets, select a trading pair, and confirm the transaction.

Can I buy HYPE using Rupiah?

Yes, through the Bittime exchange which is officially registered with Bappebti.