Hyperliquid history: founders, backers & milestones
Who built Hyperliquid, who backs it, and the major milestones in its story.
Founders
Hyperliquid was built by Jeff Yan and Hyperliquid Labs, a small team with roots at Hudson River Trading.
Backers
None. Hyperliquid famously took no venture capital.
Timeline of milestones
- 2022Hyperliquid Labs is formed
- 2023Onchain perpetuals mainnet goes live
- Nov 2024HYPE token generation event and airdrop, roughly 31% of supply to users
- 2025Becomes the leading perp DEX by trading volume
FAQ
- Who founded Hyperliquid?
- Hyperliquid was built by Jeff Yan and Hyperliquid Labs, a small team with roots at Hudson River Trading.
- When did Hyperliquid launch?
- 2023: Onchain perpetuals mainnet goes live.
Not financial advice. Volume figures are compiled from each venue's public data on our
live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.