Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
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Hyperliquid
Hyperliquid (CRYPTO: HYPE), a decentralized finance (DeFi) token, has been absolutely on fire over the past 12 months. It's up more than 40% in 2026 and now has a market cap of $9 billion, ranking it among the top-dozen cryptocurrencies in the world.
Starting in 2023, Hyperliquid began to acquire a reputation as the top decentralized exchange to trade perpetual futures. Given the amount of risk and leverage involved, these so-called "perps" are off-limits to most U.S. investors. However, in other parts of the world, they have emerged as one of the most popular ways to place leveraged bets on the future of specific cryptocurrencies.
Hyperliquid is using this early success to offer even more high-risk, high-upside products that are currently in high demand by traders. Take, for example, tokenized oil futures. These are a way to bet on the future price of oil. Given all the commotion and ruckus happening in the Middle East right now, it's easy to see why these have become a popular product. You can now trade oil futures 24/7, using Hyperliquid's blockchain-powered trading platform.