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Hyperliquid’s native token is no longer confined to its home chain. Through Wormhole, HYPE can now be transferred to Solana, Base, and Unichain.
How the multichain rollout works
Hyperliquid is a Layer 1 blockchain designed for on-chain perpetual futures and spot trading. Its multichain push relies on Wormhole’s Native Token Transfers standard, usually shortened to NTT.
The expansion kicked off on September 3, 2025, alongside the Unichain rollout. That launch also brought bridging to Solana and Base, so all three destinations arrived in the same wave.
Unichain’s debut came with liquidity incentives attached. Those rewards targeted the USDC/HYPE and USDC/SOL trading pairs.
The stated goal is to reduce liquidity fragmentation. Hyperliquid also wants HYPE holders to enjoy lower fees and faster transactions on the chains they prefer.
What the trading data shows
Activity has followed the token to its new homes. Trading in HYPE has shown up on Jupiter, Solana’s major trading venue, and in Uniswap pools on Unichain.
On Solana, HYPE has recorded daily trading volumes in the millions. The tokenized value of the Wormhole-issued version on Solana has reached approximately $66 million.
HYPE has traded at around $90, a level the research tied to strong adoption.
HYPE has a maximum supply of 1 billion, with circulating supply in the low hundreds of millions. At launch, 310 million tokens went to early users. There was no allocation for a private sale.
Following the initial rollout, activity settled into a pattern of steady use and liquidity provisioning. No major new developments were identified in the month leading up to October 2, 2026.
Why Hyperliquid built for speed first
The engine underneath all this is HyperCore, Hyperliquid’s trading layer. It can process up to 200,000 orders per second, which is the kind of throughput on-chain order books need to feel competitive.
What this means for HYPE holders and the broader DeFi map
Traders and liquidity providers on Solana, Base, and Unichain can now engage with HYPE without leaving their preferred ecosystems.
Each destination brings something different. Solana offers an established trading culture, with Jupiter already showing HYPE volume. Unichain came with incentives designed to bootstrap activity from the start.
The roughly $66 million tokenized on Solana is a useful baseline for tracking whether interest grows, holds, or fades.
Cross-chain infrastructure also adds a dependency. HYPE’s reach beyond its home chain now relies on Wormhole functioning as intended.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
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