What it shows
HYPE is the native token of Hyperliquid, a trading venue that runs on its own blockchain. This view tracks US-listed funds that hold HYPE. It shows the daily net flow of the group, the flow and net assets of each fund and the history of both. The HYPE list is short, so every row matters. The token also has a close link with an on-chain venue, so fund activity and on-chain activity can be compared as separate sources. The ETF view covers fund shares only.
- HYPE daily net flow
- Short fund table
- Flows beside net assets
How to read it
Select HYPE in the asset switch. Read the daily total, then look at each fund row. With very few funds, the total and one row can show the same figure, so read the row of the issuer first. Check that the date is the latest trading day. Use the history to see how many days have any flow at all, because early periods can be sparse. Then compare fund figures with the on-chain data of the venue in the app, as a second and separate source.
- Select HYPE and read the latest daily net flow with its date.
- Read each fund row, because the list is short and each row matters.
- Count how many days in the history show any flow before you draw conclusions.
What to keep in mind
The fund history is short, and averages or streaks over a few days carry little weight. A fund can report no flow on many days. HYPE also trades on its home venue and on other markets, and those orders are outside this table. Fund flows do not show how many tokens holders stake or lock on the network. The page describes data and does not forecast price.
A missing value is not zero. Check the source and time under each data block before you compare numbers.
In the app
Questions
What is a HYPE ETF?
It is a US-listed fund whose shares are backed by HYPE, the token of the Hyperliquid network. Investors buy shares on a stock exchange instead of holding the token. The page tracks the daily net flow of these funds and shows each fund by ticker, such as THYP, BHYP and HYPG.
Why are many HYPE ETF rows empty or zero?
The group is new and small. A fund may see no net creation or redemption on a given day, which gives a zero. A fund may also not have reported yet, which gives an empty cell. Treat the first case as zero flow and the second as unknown, and check the date of the last update.
Does HYPE ETF flow replace Hyperliquid on-chain data?
No. ETF flows show US fund shares created or redeemed. On-chain data shows what happens on the Hyperliquid network itself, such as positions and wallets. The two sources measure different groups of participants. Read them side by side and do not merge them into one figure.