Is Hyperliquid a scam?

Asked about Hyperliquid (HYPE), market cap rank #12.

Short answer

Hyperliquid (HYPE) is rated C on isthiscoinascam.com. This is a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-05-19

Red flags raised

  • Team is anonymous
  • No hard cap on total token supply

Positive signals

  • Rapid growth and adoption in the DeFi space.
  • Innovative trading features with high transaction throughput and low latency.

Team transparency

The Hyperliquid team is anonymous — public identities are not on record.

See the full report

Live price, contract security details, holder distribution, audit list, founder background and community ratings.

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