What is cbHYPE?
Coinbase Wrapped Hyperliquid (cbHYPE) is an ERC-20 token on Base that represents HYPE, the native asset of the Hyperliquid network, issued by Coinbase. Each cbHYPE is backed 1:1 by HYPE held in custody by Coinbase, so holders can use the asset on the low-cost, high-speed Base network for holding, trading, and decentralized finance (DeFi) protocols. For details, visit Coinbase.
What to weigh
- Coinbase Wrapped Hyperliquid (cbHYPE) is an ERC-20 token on Base that represents HYPE, the native asset of the Hyperliquid network, issued by Coinbase.
- Each cbHYPE is backed 1:1 by HYPE held in custody by Coinbase, so holders can use the asset on the low-cost, high-speed Base network for holding, trading, and decentralized finance (DeFi) protocols.
