Assets / HYPE
Hyperliquid $87.5938
agreed price from 114 exchanges · latest reading · Oct 1, 18:00 UTC
How reliable is this price
93Reliable
Verdict
Well supported. Trading is spread widely and almost every exchange quotes the same price.
It isn't higher because CoinMarketCap discards 28% of HYPE's volume, the most of any asset we track.
Checked against CoinMarketCap
We rebuilt the price from raw exchange data without seeing CoinMarketCap's number. It lands 2 bps (0.02%) above theirs. Within tolerance.
Where every exchange sits
within 0.5%driftingoff-marketCMC doesn’t countheight = share of volume
Who sets the price
9%of trading is on FameEX, the largest exchange.No single exchange can move this price alone. The rest is spread across 113 others.
Off the market, still counted
SunX-379 bpsHYPE/USDT · $567,819 traded in 24h.165 of 166 readings
Coinbase International Exchange+125 bpsHYPE/USDC · $398,548 traded in 24h.18 of 166 readings
Show all 114 exchanges
| Exchange | Share | 24h volume | vs agreed price |
|---|---|---|---|
| FameEXnot counted | 8.8% | $1.23B | -8 bps |
| CrypFine | 6.7% | $934.5M | -3 bps |
| Binance | 6.6% | $918.6M | -4 bps |
| Tapbit | 5.4% | $760.7M | -6 bps |
| Deepcoin | 5.0% | $696.2M | -9 bps |
| Hyperliquid | 4.9% | $681.6M | +2 bps |
| LBank | 4.7% | $651.7M | -4 bps |
| OrangeX | 4.0% | $558.5M | +20 bps |
| CoinW | 4.0% | $554.0M | -1 bps |
| IBIT Globalnot counted | 3.3% | $458.9M | -7 bps |
Since we started recording
trust score · one dot per readingBetween 89 and 94 across all 166 readings. FameEX has stayed the largest exchange throughout.
What goes into the score
Spread 40%
38.5 / 40 pts
Agreement 30%
29.1 / 30 pts
Freshness 15%
14.1 / 15 pts
Cleanliness 15%
10.8 / 15 pts
A two-asset ranking can favour one with lighter concentration risk (spread) but heavier junk-exchange exclusion (cleanliness), or vice versa. See how this works.
Off-market exchanges, across readings
| Exchange | Seen in | Typical gap | Peak volume |
|---|---|---|---|
| SunX | 165 of 166 | -426 bps | $568,021 |
| Crypto.com Exchange | 38 of 166 | +141 bps | $449,973 |
| Deribit | 27 of 166 | +115 bps | $18.6M |
| Coinbase International Exchange | 18 of 166 | +220 bps | $4.2M |
| Bybit | 15 of 166 | +131 bps | $684,774 |
| Paradex | 3 of 166 | -115 bps | $854,935 |
| BYDFi | 3 of 166 | -123 bps | $3.1M |
| OKX | 3 of 166 | -112 bps | $308.1M |
Where Hyperliquid actually trades: futures funding and basis
Funding per interval (OI-weighted)
+0 bps
Basis vs index (OI-weighted)
-1 bps
Liquidated 24h (long / short)
$772,606 / $475,174