A new perp listing for HYPER (Hyperlane) – HYPERUSDT – is now available to trade on BitMEX, with up to 50x leverage.
Trading started here at 04:00 UTC on 23 Apr 2025.
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HYPERUSDT Contract Specs
HYPERUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Hyperlane token and trade it with leverage, without needing to have any Hyperlane holdings.
Key contract details for our Hyperlane token listing:
- Symbol: HYPERUSDT
- Margin Currency: USDT
- Contract Size: 0.01 HYPER
- Lot Size: 100
- Minimum Trade Amount: 1 HYPER
- Underlying: .BHYPERT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the HYPERUSDT perpetual contract here, or refer to the full contract specs here.
About HYPER, the Hyperlane Token
HYPER is the native token of Hyperlane, a permissionless interoperability protocol designed to connect the modular blockchain ecosystem. Unlike traditional methods that rely on central authorities, Hyperlane enables seamless communication across diverse blockchain environments, including Layer 1s, rollups, and app-chains. This is achieved through a system that allows developers to send data, tokens, and execute smart contract calls across different networks.
The HYPER token plays a crucial role in securing the Hyperlane network and aligning incentives within its ecosystem. It is used for staking, where participants can earn rewards for contributing to the network’s security. This mechanism ensures the integrity of cross-chain communication and promotes active participation in the Hyperlane protocol. By facilitating the secure and efficient transfer of information and value across different blockchains, HYPER underpins the development of a more interconnected and versatile web3 landscape.
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