Wrapped HYPE
WHYPE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for WHYPE.
AI Analysis
Comprehensive evaluation of the token
Wrapped HYPE (WHYPE) exhibits exceptionally strong fundamentals as the canonical bridge token for the Hyperliquid ecosystem. The project achieves an elite overall score driven by a bootstrapped, high-velocity team led by Jeff Yan, which has delivered a high-performance L1 and DEX without Venture Capital overhang. Tokenomics are highly favorable, characterized by a hard-capped native supply, significant planned token burns (nearly 45%), and a sustainable fee-driven deflationary model. Community support is organic and 'cult-like,' indicating high user retention and advocacy. From a technical standpoint, WHYPE leverages the immutable, battle-tested WETH standard for its contract, with bridge logic audited by Zellic, providing a robust security profile despite the centralization risks inherent in the bridge custody and the closed-source nature of the L1's matching engine. As a critical infrastructure component connecting Hyperliquid to Ethereum's deep liquidity, WHYPE possesses a clear, immediate use case with strong product-market fit.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Wrapped HYPE (WHYPE)
Wrapped HYPE (WHYPE)
Wrapped HYPE (WHYPE) is an ERC-20 wrapped representation of the native HYPE token, designed to enhance interoperability across Ethereum-based DeFi ecosystems. By wrapping HYPE, WHYPE enables seamless integration into decentralized exchanges, lending platforms, and liquidity pools.
Key Features
- ERC-20 Compliance: Fully compatible with Ethereum wallets, smart contracts, and DeFi protocols.
- Cross-Chain Bridging: Facilitates liquidity migration between HYPE native environments and Ethereum.
- DeFi Integration: Supports participation in staking, yield farming, and automated market makers.
Use Cases
- Liquidity Provision: Add WHYPE tokens to decentralized exchange pools.
- Collateral Asset: Utilize WHYPE in lending and borrowing platforms.
- Yield Generation: Stake or farm WHYPE in supported DeFi applications.
Token Details
- Token Name: Wrapped HYPE
- Symbol: WHYPE
- Standard: ERC-20
Discover how Wrapped HYPE (WHYPE) bridges HYPE to Ethereum and powers DeFi innovation.
Keywords: Wrapped HYPE, WHYPE token, ERC-20 HYPE, DeFi liquidity, Ethereum bridge
