6 tokens on the list represent Hyperliquid without being Hyperliquid — a wrapped HYPE, a staked derivative, or a bridged copy on another chain. Each carries the HYPE price by design, and each depends on someone or something honouring the peg. This page lists them. None of them counts toward Hyperliquid on the main ranking: a wrapped coin is a receipt for a coin already counted, and counting both counts the same asset twice.
| Token | Host chain(s) | Custody | Market cap |
|---|---|---|---|
| Kinetiq Staked HYPEKHYPE | HyperEVM | custodial | $815M |
| Wrapped HYPEWHYPE | HyperEVM, Optimism | custodial | $248M |
| Staked HYPESTHYPE | HyperEVM | custodial | $184M |
| Coinbase Wrapped HYPECBHYPE | Base | custodial | $4M |
| Kraken Wrapped HYPEKHYPE | Ink | custodial | $2M |
| Kintsu Staked HypeSHYPE | HyperEVM | custodial | $61,187 |
Methodology — the rules under which a claim is separated from the underlying. Each individual token's detail page has its host chain, its custody model, and where the peg comes from.