Pairs
A coin's pair is the asset it trades against. Buyers pay in it, sellers receive it, and the coin's price is quoted in it.
Crypto
| Pair | What it is |
|---|---|
| HYPE | Hyperliquid's native token. Network fees on HyperEVM are paid in HYPE too. |
| USDC | A dollar stablecoin. A coin paired with USDC has a price that reads like dollars. |
Tokenized stocks
A tokenized stock is a token on HyperEVM that follows the price of a listed company's shares. Tokenized stocks are issued by third parties, not by notional.
| Pair | Company |
|---|---|
| GME | GameStop |
| TSLA | Tesla |
| NVDA | NVIDIA |
| AAPL | Apple |
| AMC | AMC Theatres |
| COIN | Coinbase |
| MSTR | Strategy |
| HOOD | Robinhood |
How a stock pair works
A coin paired with GME is bought with GME and priced in GME. Two prices move at once: the coin against the stock, and the stock against the dollar. If the coin holds its GME price while GameStop rises, the coin has gone up in dollars too, and the same works in reverse.
Things to know
- A tokenized stock is not a share. It does not carry voting rights or dividends unless its issuer says otherwise.
- Its price can drift from the share price, most of all while the stock market is closed.
- Tokenized stocks are not available to persons in the United States or in other restricted regions. See the Terms & Conditions.
- The pair is chosen at launch and cannot be changed afterwards.