Hyperliquid (HYPE) | Tokenomics, Supply & Release Schedule

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Hyperliquid

HYPE

0x0d01…4011ec

Rank #16

DeFi Layer 1View all

Price

$28.29

Burn

10.09%

Buyback

10.14%

Dynamic

No

Claim

$85.21M

Raise Amount

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Version 3

Updated: 19 Feb 2026

Version 3

Updated: 19 Feb 2026

Hyperliquid Updates

Trending Tokens

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Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 16–22, 2026 | Insider Unlocks and Emission Shifts

In this report, we break down $ZRO and $YZY unlock risks, Backpack’s growth-triggered TGE model, USDai’s $CHIP public sale mechanics, and Jupiter’s latest tokenomics proposal — and what each means for forward supply dynamics.

Feb 16, 2026

5 mins read

Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 9 –15, 2026 | Risk-Off Market

In this environment, this week’s report breaks down what’s moving beneath the surface — from $HYPE’s resilience through unlocks, $PUFFER’s supply pressure, $RNBW’s TGE structure, MegaETH’s KPI-gated launch, to Polymarket’s $POLY airdrop signals.

Unlocks Activity in February 2026

As the market moves into February 2026, a fresh wave of liquidity is set to emerge from a diverse range of projects across the security, AI-DeFi, and Bitcoin-native finance segments.

Feb 3, 2026

7 mins read

Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 2–8, 2026 | Hawkish Fed Fears, $HYPE Unlock Pressure

Against this backdrop, this report breaks down $HYPE’s largest unlock yet despite strong price gains, $BERA’s outsized unlock relative to circulating supply, and Optimism’s move to introduce $OP token buybacks.

Feb 2, 2026

4 mins read

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Token Information

Last updated 02/19/26 17:30 PM

What is the Hyperliquid token vesting schedule?

Hyperliquid follows a vesting schedule with allocations to the Future Emissions and Community Rewards, Genesis Distribution, Core Contributors, Hyper Foundation Budget, Community Grants and HIP-2: Hyperliquidity. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2027.

When is the next Hyperliquid unlock?

The next unlock for Hyperliquid is scheduled for March 6, 2026. Released to Core Contributors.

How much Hyperliquid supply is currently unlocked?

As of today, approximately 238,385,315 Hyperliquid which is 23.84% of Hyperliquid's total supply has been unlocked. The remaining tokens are still locked and will be released according to the vesting schedule.

Is Hyperliquid vesting cliff or linear?

Hyperliquid uses cliff vesting, especially for Future Emissions and Community Rewards allocations. This means tokens are released all at once after a set waiting period, creating a delayed but significant supply event.

What is the difference between Hyperliquid circulating and total supply?

The circulating supply of Hyperliquid is 238,385,315 tokens and the total supply is 1,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.

What is Hyperliquid's FDV (Fully Diluted Valuation)?

Hyperliquid’s FDV is $28,290,000,000 which reflects the market value if all 1,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.

How is Hyperliquid allocated across stakeholders?

The Hyperliquid allocation includes Core Contributors at 23.80%, Hyper Foundation Budget at 6.00%, Community Grants at 0.30%, HIP-2: Hyperliquidity at 0.01%, Future Emissions and Community Rewards at 38.89% and Genesis Distribution at 31.00%.

Has Hyperliquid price dropped after past unlocks?

Historically, Hyperliquid has shown medium volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.

How can I track upcoming Hyperliquid unlocks?

Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Hyperliquid, with visibility for each allocation and amount.

Tokenomist.ai provides a complete solution for supply-side tokenomics data. Analyze future token emissions, track vesting schedules, and compare standardized tokenomics and allocation across projects to gain actionable insights

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