HYPE/USD
Where HYPE/USD trades: Kraken, OKX and Bybit, spot and perpetual futures, with per-venue 24h volume and share. $11.5M in 24h volume.
HYPE/USD trades on 3 exchanges across 4 listings — 2 perpetual futures markets and 2 spot books.
Kraken runs the deepest of them at $11.0M over 24 hours, 95.1% of the $11.5M total we measure across the 3 of 4 venues that publish a USD figure.
Where HYPE/USD trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Kraken | Spot |
HYPEUSD
|
$11.0M | 95.1% |
| OKX | Perpetual |
HYPE-USD-SWAP
|
$290.5K | 2.5% |
| OKX | Spot |
HYPE-USD
|
$276.6K | 2.4% |
| Bybit | Perpetual |
HYPEUSD
|
— | — |
Volume is 24h turnover in USD, taken from each exchange's public ticker. A dash means the venue quotes the pair against something other than a USD stablecoin, so we have no honest USD figure for it rather than a converted guess. Updated 2026-08-19 16:29 UTC.
Spot or perpetual
Perpetual futures: OKX and Bybit.
Spot: Kraken and OKX.
Where the liquidity sits
The top 3 venues hold 100.0% of measured HYPE/USD turnover: Kraken spot ($11.0M, 95.1%), OKX perpetuals ($290.5K, 2.5%) and OKX spot ($276.6K, 2.4%).
Perpetual futures account for 2.5% of it, spot the rest. Futures turnover is notional, so it is not directly comparable to spot volume — the same dollar of margin moves several dollars of notional.
How we measure this
Volume is 24-hour turnover from each exchange's own public ticker, refreshed on a schedule rather than streamed. We only publish a dollar figure where the pair is quoted against a USD stablecoin, so the number is the venue's own turnover and not a conversion of ours.
1 of the 4 HYPE/USD listings here have no USD figure for that reason and show a dash. The total covers the 3 that do.