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Hyperliquid spot markets

Spot pairs traded on Hyperliquid's order book, with price, 24-hour change, 24-hour volume and a market cap calculated from the circulating supply that Hyperliquid reports for each token.

Spot pairs
347
72 traded in the last 24h
24h spot volume
$112.92M
All spot pairs
Most traded pair
HYPE
HYPE/USDC
$44.15M
PairPrice
HYPE

/USDC · $44.15M

$79.05−3.53%
UBTC

/USDC · $23.26M

$80,068−0.96%
UZEC

/USDC · $11.71M

$1,268.3−3.13%
UETH

/USDC · $10.91M

$2,315.5−1.56%
USOL

/USDC · $5.75M

$100−1.57%
KNTQ

/USDC · $4.60M

$0.4548+7.19%
UPUMP

/USDC · $2.40M

$0.004356−0.63%
ONEAR

/USDC · $2.00M

$4.52−3.84%
USDT0

/USDC · $1.53M

$0.999+0.01%
XMR1

/USDC · $1.13M

$592.71−1.08%
TBC

/USDC · $983.97K

$4.54+1.22%
PURR

/USDC · $919.33K

$0.0998−7.48%
DRV

/USDC · $799.02K

$0.3714+1.30%
NBT

/USDC · $525.83K

$0.000579−28.07%
UENA

/USDC · $282.56K

$0.2005−3.81%
SEDA

/USDC · $208.83K

$0.017−0.67%
UXPL

/USDC · $180.05K

$0.075+0.71%
FEUSD

/USDC · $154.90K

$0.9999+0.15%
HSEI

/USDC · $140.08K

$0.0519−2.67%
UFART

/USDC · $118.11K

$0.1287−3.02%
XAUT0

/USDC · $117.71K

$4,043.5+0.06%
SKHYX

/USDC · $117.40K

$158.68+3.04%
TREAD

/USDC · $94.24K

$0.7757−5.17%
NVDAX

/USDC · $82.16K

$213.38−2.50%
SPCXD

/USDC · $80.27K

$143.26−4.28%

Pairs with less than $1.00K of 24-hour volume are not listed here. Market cap is circulating supply × price and is shown only for pairs quoted in a US dollar stablecoin; other trackers may count supply differently.

How spot works on Hyperliquid

Spot versus perpetuals

A spot trade buys or sells the token itself, with no leverage, no funding and no liquidation. Perpetuals track a price without delivering the asset, can use leverage and pay or receive funding every hour.

Quote assets and wrapped tokens

Most pairs are quoted in USDC, and some in other stablecoins such as USDH or USDT. Some tokens represent assets from other chains; check the token's details before trading, because its name alone does not prove what backs it.

Indicative public market data, not an executable quote. Values may change before an order is placed.

Frequently asked questions

Can I use leverage on Hyperliquid spot?

No. Spot trades exchange the token itself without leverage or funding. Use the perpetual market of the same asset, when one exists, for leveraged exposure.

How is the market cap on this page calculated?

It multiplies the circulating supply reported by Hyperliquid's API by the pair's mark price. It is shown only for pairs quoted in a US dollar stablecoin and can differ from figures on other trackers.

Why is a spot token missing from this list?

Pairs with very little trading in the last 24 hours are left out to keep the list readable. The full list is on the markets screen under Spot.

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