Swap Hyperliquid (HYPE)

The numbers below were checked on 14 October 2026 against the Hyperliquid documentation at hyperliquid.gitbook.io.

Two sides, one chain

Hyperliquid runs a custom consensus called HyperBFT, inspired by HotStuff and its successors, and under it two execution environments. HyperCore is the trading side: onchain perpetual and spot order books, balances, positions, staking. HyperEVM is a general-purpose EVM — in the documentation's words, not a separate chain, but secured by the same HyperBFT consensus as HyperCore. HYPE is the native token of the whole system. On HyperCore it is a spot asset; on HyperEVM it is the native gas token, with 18 decimals, and the mainnet chain ID is 999.

The payout from this site arrives on HyperEVM, as the native balance of the 0x… address you give. A deposit in HYPE, if you choose it as the sending side, is a native transfer on HyperEVM to the address the form shows.

Blocks on HyperEVM

HyperEVM has two kinds of block. Small blocks come every second with a 3 M gas limit; large blocks come every minute with a 30 M gas limit, and a transaction goes into a large block only if the sending account has opted in with an evmUserModify action. The two are interleaved under one increasing sequence of block numbers, so a block count on the explorer mixes both. A plain HYPE transfer needs little gas and goes into the next small block.

The route data this site is built from waits for 10 HyperEVM blocks on a HYPE deposit. At one small block a second that is a few seconds of chain time; the 2–5 minutes the status page shows is mostly processing and the payout on the other network.

Moving between the two sides

The documentation calls this a transfer, not a bridge, because both sides share one state. HYPE on HyperEVM is moved to HyperCore by sending it as the value of an ordinary transaction to the system address 0x2222222222222222222222222222222222222222; the HyperCore account with the same 0x address is credited, and the app shows this as a transfer from EVM. The other way, a transfer on HyperCore to that system address credits the EVM balance, and HYPE is received on the EVM side as the native gas token rather than as an ERC-20. The onboarding page's warning is the thing to remember: that address works only for HYPE, and sending other assets to it leads to them being lost. Every other spot asset has its own system address.

Fees

Gas on HyperEVM is paid in HYPE, so a HYPE payout is self-funding: the balance that arrives pays for whatever the wallet does next, including the transfer to HyperCore. A deposit sent from HyperEVM costs a little HYPE in gas, chosen by the wallet. There is no fee in another token anywhere on the route.

Where the HYPE is matters more than how much. The same 0x address has an EVM balance and a HyperCore balance, and the app shows them on different screens. A payout that "has not arrived" is almost always sitting on the EVM side of an account whose owner is looking at the trading side.

A Hyperliquid address is an Ethereum-style address: 0x followed by 40 hexadecimal characters, 42 in all, derived from a secp256k1 key as on Ethereum. The same address is both a HyperCore account and a HyperEVM account. Checked against the HyperEVM and onboarding pages at hyperliquid.gitbook.io on 14 October 2026.

Checksum and case

Ethereum-style addresses may be written in all lowercase or with the mixed-case checksum that wallets display; both name the same account, and the form checks the 42-character hexadecimal format. There is no network prefix inside the address, which is the whole difficulty: a 42-character 0x address says nothing about which chain it is meant for, so paste it and compare the first and last six characters with the source.

What the form accepts

For a HYPE payout the form takes a 42-character 0x address and pays native HYPE on HyperEVM, chain ID 999, to it. It does not pay to HyperCore directly, does not pay WHYPE, and does not pay a HYPE token on Ethereum, BNB Smart Chain or Solana — those are bridge tokens or copies with an issuer, and a payout to them is not what this page does.

Which address to give

1. Your own wallet: the address of a wallet you control with a private key or seed, connected to the Hyperliquid network (chain ID 999, RPC URL rpc.hyperliquid.xyz/evm, symbol HYPE). The onboarding page lists exactly these settings for adding the network to a wallet. The payout appears in that wallet's native balance when the network is selected.
2. Your Hyperliquid trading account: the same address. The payout lands on the EVM side of it; one transfer in the app, to 0x2222…2222, moves it to the trading balance.
3. An exchange: the address from its HYPE deposit page, after checking which side it accepts. The onboarding page notes that some centralized exchanges support HYPE on HyperCore spot but not the HyperEVM. If the deposit page names HyperEVM, use it; if it names only Hyperliquid or HyperCore, do not — receive the payout in your own wallet first and deposit from there.
4. Another person: ask for the address and whether they will look for it on the EVM side.

No memo or tag exists on Hyperliquid. If a deposit page shows a second field for HYPE, it is for a token version on another network.

A HyperEVM transaction has a 66-character hash, like one on Ethereum. The status page links the HYPE side of a swap to HyperEVMScan, which was read on 14 October 2026; it follows the familiar layout of EVM explorers. Transfers on HyperCore — the trading side — are a separate record, visible in the Hyperliquid app and its API rather than on the EVM explorer.

HyperEVMScan opens a transaction with its status (pending, success or failed), the block number and time, the sender and the receiver, the value in HYPE, the gas used and the fee. For a native HYPE transfer the value field is the amount; for a WHYPE or other token transfer the amount is in the token-transfer section instead, and the value is zero — the first thing to check if you expected native HYPE and see nothing in the balance. An address page lists the native balance, every transaction in and out, and the ERC-20 holdings separately.

A deposit you sent

1. Copy the hash from your wallet's activity list.
2. Open it on HyperEVMScan. Not found means the wallet did not broadcast it, or broadcast it to another network — a wallet set to Ethereum will send ETH on Ethereum, not HYPE on HyperEVM.
3. Check the receiver: the deposit address from the form, with the exact amount as value.
4. Watch the block count. The status page updates on its own up to 10.

A deposit that was meant to come from a HyperCore balance has an extra step before any of this: the transfer from HyperCore to the EVM side, which the app shows as its own entry. Until it is done, there is nothing on HyperEVMScan to find.

A payout you received

1. Open the payout hash from the status page on HyperEVMScan.
2. Find your address as the receiver and the amount as value. It is "You get" from the form; the payout network fee was already taken out.
3. Open your address page and read the native balance. If the wallet shows nothing, the wallet is on the wrong network, not the chain.
4. Keep the hash.

If you then move it to HyperCore

The transfer to 0x2222…2222 is itself a HyperEVM transaction, visible on HyperEVMScan with the system address as receiver and the amount as value. The credit on the HyperCore side appears in the app's balance history. If the EVM transaction succeeded and the trading balance has not moved, the app's support page for accidental transfers is the place to read: it says the funds are not lost, they are on the other side, and the way back is the same transfer in reverse.

What a block explorer shows about a swap does the same for other networks; Reading a swap status page explains each stage.

HYPE's mistakes are about sides and networks, not about the address string. The address is right in almost every case; the question is where the balance is.

The wrong side

The app's support page for accidental transfers describes the situation from the other direction — assets moved to HyperEVM by a click on the transfer button — and its answer applies here too: the funds are not lost, they are on the other side, and HYPE on the EVM is needed as gas to move them. A payout from this site is HYPE, so the gas is already there. Open the wallet on chain 999, confirm the balance, then transfer.

The wrong network in the wallet

Because the address format is shared with Ethereum, BNB Smart Chain, Polygon and Base, a wallet will happily send on whichever network is selected. A deposit to the address shown here must be native HYPE on HyperEVM; the same wallet set to Ethereum sends ETH to that 0x address on Ethereum, where it is not a deposit for anything. The form cannot detect this in advance. Check the network name next to the Send button before you confirm. Sent USDT to the wrong network covers the recovery question for the general case.

Exchange side

The onboarding page is direct: some centralized exchanges support HYPE on HyperCore spot but not the HyperEVM. A payout to such an exchange's address lands on the EVM side of an account the exchange does not watch. Read the deposit page; if it does not say HyperEVM, do not give that address. The page's own advice — do a test transaction the first time — is good practice for any new destination.

Nothing here is reversible. A HyperEVM transaction in a finalised block, and a HyperCore transfer, are both final. The one recoverable case is the wrong side of your own address, because you control both sides.

Hyperliquid is the youngest chain on this site and the one that has changed most. Three changes since early 2025 matter to someone sending or receiving HYPE; sources are the documentation at hyperliquid.gitbook.io, read on 14 October 2026, and one announcement.

HyperEVM, February 2025. The Hyper Foundation's announcement of 18 February 2025 described the initial mainnet release: HyperEVM blocks built as part of the chain's execution, inheriting security from HyperBFT consensus, with spot transfers between native HYPE and HyperEVM HYPE from the start. The documentation still marks HyperEVM as in the alpha stage. For a user this was the change that made a HYPE payout to an ordinary wallet possible at all — before it, HYPE lived only in HyperCore accounts.

Dual blocks. Rather than one block size, HyperEVM runs two cadences: fast blocks every second with 3 M gas, slow blocks every minute with 30 M, interleaved under one sequence of block numbers. An account opts into the slow blocks with an evmUserModify action, for deployments and other heavy transactions; a plain transfer never needs it. The site's 10-block wait counts whatever blocks come.

Native transfers and wrapped HYPE. The transfers page defines the mechanism precisely: HYPE sent as transaction value to the system address is credited on HyperCore; HYPE sent from HyperCore to the same address arrives on the EVM as the native gas token, not as an ERC-20; every other asset has a system address of the form 0x20… with its token index. The wrapped-HYPE page adds a canonical, immutable WHYPE contract with the same source as wrapped ETH on Ethereum, for applications that need an ERC-20. A payout from here is native HYPE, never WHYPE.

What has not changed. The 0x address format, HYPE as the gas token, 18 decimals on the EVM side, chain ID 999, and the rule that the address is the whole destination. The documentation's warnings — HYPE only to 0x2222…2222, test transactions first — have been constant.

HyperEVM is an EVM, so a HYPE transfer and an ETH transfer are the same operation in the wallet: the same 0x address, the same signing, gas paid in the native coin. What differs is the chain underneath and the second side HYPE has. Sources: the Hyperliquid documentation at hyperliquid.gitbook.io and the Ethereum page on this site, 14 October 2026.

Time. Ten HyperEVM blocks are seconds; fifteen Ethereum blocks are about three minutes. A swap from HYPE is in the fastest group on this site, with TRON and Solana; a swap from ETH is in the middle.

Fees. On Ethereum the fee is a market — a base fee set by the protocol from recent demand plus a priority fee, and a token transfer at a busy hour can cost several times what it costs at a quiet one. On HyperEVM a plain transfer is cheap and steady, which is why a HYPE payout has one of the smaller fixed parts here. In both cases the payout fee is taken out of "You get" and shown in the form.

The same address, a different trap. On Ethereum the trap is the token on another EVM chain: USDT on BNB Smart Chain to an Ethereum address, and the reverse. On HyperEVM the trap is the other side of the same chain: a payout on the EVM side that the receiver looks for in the trading account, or an exchange that watches only HyperCore. Ethereum has no equivalent of HyperCore, and HyperEVM has no equivalent of Ethereum's dozens of look-alike chains.

Routes. ETH has many route pages, into USDT on four networks, BTC and XMR. HYPE has one, from XRP, and is offered in the form as a sending side. Both are native coins with no issuer and no contract.