Hyperliquid: history, founders and key events
From Nov 29, 2024 to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timelineLatest close in our data: $80.72 (Bitstamp HYPE/USD daily close, 2026-10-14).
Origin story
Hyperliquid is a blockchain built around a fast on chain order book for perpetual futures trading. It was started by Jeff Yan, a former high frequency trader, and was self funded with no venture capital.
The HYPE token launched on November 29, 2024 with a large airdrop to early users, one of the biggest airdrops by value in crypto history.
Founders: Jeff Yan and the Hyperliquid Labs team.
Source: Bitstamp HYPE/USD daily closes 2025-11-25 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Browse by year
Key events
- Nov 29, 2024launch
HYPE genesis and airdrop
About 31 percent of HYPE goes to early users. - Mar 26, 2025crash
JELLY market delisted
Validators step in after a manipulation attempt. - Nov 25, 2025milestone
First daily close in our data $32.75 (Bitstamp HYPE/USD daily close, 2025-11-25)
Our sourced HYPE price history begins on this day. - Sep 22, 2026rally
Highest close in our data $97.26 (Bitstamp HYPE/USD daily close, 2026-09-22)
The highest daily close for HYPE in our price history.
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.