Hyperlane is an open-source, permissionless framework for blockchain interoperability. Today, it connects over 170 blockchains and supports 5+ virtual machines, powering hundreds of interchain applications on a daily basis—from asset bridges and cross-chain governance to emerging DeFi use cases. But beyond its current role as an interchain messaging protocol, we see Hyperlane evolving into a global network for transferring value—a decentralized infrastructure layer that would serve as the technical backbone of a modern digital payment network.
Order Book
Connecting…Price Chart: HYPER
Largest Bid Walls
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Largest Ask Walls
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HYPER Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, HYPER funding has averaged 0.00125% per hour, an annualised rate of 10.9%. Longs paid shorts in 100% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from 0.00125% to 0.00125%. Work out what this costs on your own position with the funding rate calculator.
HYPER funding & market FAQ
What is the current HYPER funding rate?
The current HYPER funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of 0.00125%. Over the past 7 days it has averaged 0.00125%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on HYPER right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does HYPER open interest tell me?
HYPER currently has $65,762 of open interest, ranking #325 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a HYPER position?
At the current mark price of $0.071822, a 10x long would be liquidated around $0.064640 and a 10x short around $0.079004. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade HYPER perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's HYPER positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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