Hyperliquid’s HYPE token is now on PDAX!

What is Hyperliquid (HYPE)?

Hyperliquid is a fully on-chain Layer 1 exchange designed for high-performance trading. Unlike other decentralized exchanges (DEXs) that rely on external chains or layer-2 solutions, Hyperliquid is built from the ground up for speed, scalability, and transparency – all without compromising decentralization.

At its core, Hyperliquid allows users to trade perpetual futures and spot markets with minimal fees and near-instant finality. And thanks to its custom-built chain, it delivers performance that rivals centralized platforms while remaining trustless and permissionless.

The platform also delivers a seamless user experience—featuring fast order matching, gasless trading, and wallet-native interfaces.

How does Hyperliquid work?

The Hyperliquid blockchain runs on a proof-of-stake system and is powered by two main components:

--> HyperEVM - A smart contract platform that’s compatible with Ethereum’s ecosystem. It lets developers build decentralized apps using Hyperliquid’s fast and scalable infrastructure.

--> HyperCore - The engine behind Hyperliquid’s lightning-fast order book for perpetual futures and spot trading. It can process up to 200,000 orders per second, with even more improvements expected as the system evolves.

Together, these technologies make Hyperliquid not just fast, but also accessible, flexible, and built for the future of DeFi.

What is the HYPE token used for?

The HYPE token plays several key roles in the Hyperliquid ecosystem:

--> Governance: HYPE holders can participate in protocol governance and help shape the future of the platform.

--> Staking: Users can stake HYPE to earn rewards and contribute to network security.

--> Ecosystem incentives: HYPE is used to reward traders, liquidity providers, and contributors within the Hyperliquid ecosystem.

HYPE Tokenomics

HYPE has a total supply of 1 billion tokens, with a community-first distribution model. 38.88% is allocated for future community initiatives like airdrops and ecosystem rewards.

HYPE reached an all-time high of $59.30 on September 18, 2025, and is currently trading at $35.97 (as of October 21, 2025), ranking #20 by market cap.

Hyperliquid launched a Season 1 airdrop to reward early adopters and Season 2 is reportedly on the way, offering even more chances for users to earn HYPE through ecosystem participation.

With HYPE now on PDAX, Filipino users can easily access one of the fastest-growing tokens in DeFi. No bridges, no complicated setups – just open the PDAX app, search for HYPE, and trade in seconds.

Ready to make your next move? HYPE is now on PDAX.

-
-
-
-
-

Disclaimer: PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. PDAX does not endorse or approve any cryptocurrency, and assumes no responsibility for the content, accuracy or completeness of the same.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels:

Email: consumeraffairs@bsp.gov.ph; Webchat: http://www.bsp.gov.ph (click webchat feature); Facebook: https://www.facebook.com/BangkoSentralngPilipinas; Direct Line: (02) 5306 2584 / (02) 8708 7087;  Trunk Line: (02) 8708 7701 loc. 2584;  or SMS: 21582277 (for Globe subscribers only).

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.