Hyperliquid 的 HYPE 代幣自推出以來飆升超過 273%，在交易量和 TVL 方面領先市場

由 Hyperliquid 開發的 HYPE 代幣自 11 月 29 日推出以來，價值飆升了 273% 以上。

The HYPE token, launched by Hyperliquid on November 29, has seen a remarkable surge of over 273% since its debut. As of March 13, the token trades at $12.03 following a 37% increase over the last 24 hours. This surge has propelled the fully diluted valuation of the project to over $12 billion.

Hyperliquid 於 11 月 29 日推出的 HYPE 代幣自推出以來已飆升超過 273%。截至 3 月 13 日，該代幣交易價格為 12.03 美元，在過去 24 小時內上漲了 37%。這一飆升使該項目的完全攤薄後估值超過 120 億美元。

Currently, there are 333 million HYPE tokens in circulation out of a total supply of 1 billion, driving the market capitalization to approximately $4 billion. The token’s stellar performance can be attributed to both strong investor interest and a broader market shift toward decentralized platforms. Over the past 24 hours, the token has clocked a trading volume of over $298 million, highlighting its high liquidity and demand.

目前，HYPE 代幣總供應量為 10 億，其中 3.33 億在流通，市值達到約 40 億美元。該代幣的出色表現可歸因於投資者的強烈興趣和更廣泛的市場向去中心化平台的轉變。在過去 24 小時內，該代幣的交易量超過 2.98 億美元，凸顯了其高流動性和需求。

This momentum has also seen Hyperliquid emerge as the market leader in terms of trading volume and total value locked (TVL), establishing itself as a key platform within the ecosystem of decentralized perpetual exchanges, according to DeFiLlama.

DeFiLlama 表示，這種勢頭也使 Hyperliquid 在交易量和鎖定總價值（TVL）方面成為市場領導者，將自己打造成去中心化永續交易所生態系統中的關鍵平台。

The successful launch of the HYPE token also underscores a growing preference among developers to hold token generation events on decentralized exchanges (DEXs) rather than centralized platforms (CEXs). Anmol Singh, co-founder of Zeta Markets, highlighted this shift, stating that it aligns with a demand for greater transparency and user-centricity, qualities inherent to DEXs. Singh predicts that by 2025, most token launches will take place on these platforms.

HYPE 代幣的成功推出也凸顯了開發人員越來越傾向於在去中心化交易所（DEX）而不是中心化平台（CEX）上舉辦代幣生成活動。 Zeta Markets 聯合創始人 Anmol Singh 強調了這一轉變，並表示它符合對更高透明度和以用戶為中心的需求，這些都是 DEX 固有的品質。 Singh 預測，到 2025 年，大多數代幣發行將在這些平台上進行。

HYPE Token Functions:

HYPE 代幣功能：

Within the Hyperliquid ecosystem, the HYPE token serves several crucial functions. The token can be used for staking in the HyperBFT consensus mechanism, an optimized proof-of-stake (PoS) system that underpins the security and decentralization of the network. Furthermore, HYPE is the native gas token in the execution environment, used to pay for transaction fees within the ecosystem.

在 Hyperliquid 生態系統中，HYPE 代幣具有多項關鍵功能。該代幣可用於 HyperBFT 共識機制中的質押，這是一種優化的權益證明 (PoS) 系統，支撐網路的安全性和去中心化。此外，HYPE是執行環境中的原生gas代幣，用於支付生態系統內的交易費用。