Hyperliquid Academy Independent · Unofficial
Save 4% on fees
Glossary

HIP-1

Hyperliquid's native token standard, which defines how spot tokens are created and listed on the exchange through a ticker auction.

Checked against the Hyperliquid documentation 8 Sept 2026 · how we check

Related terms

  • HIP-3 The upgrade allowing anyone with enough staked HYPE to deploy their own perpetual market, choosing its oracle, collateral and fee capture. The origin of the equity, commodity and foreign exchange markets.
  • Spot trading Buying and holding the asset itself rather than a contract on its price. Spot fees are higher than perpetual fees, but spot volume counts double toward your fee tier.

All glossary terms · All guides