How to buy Hyperliquid (HYPE) in Canada

With a market cap of $6,590,367,724.00 USD, Hyperliquid ranks as the 27^th largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $27.65 USD per coin and trades using the cryptocurrency code HYPE.

Hyperliquid is a highly volatile asset capable of major price swings in a single day. So before you buy Hyperliquid, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy Hyperliquid in Canada or track its performance, keep reading to see the latest HYPE price, market cap and trading volume along with a step-by-step guide on how to invest in HYPE crypto in Canada.

Hyperliquid (HYPE) summary

Current price	$27.65
All-time high	$59.30
All-time low	$3.81
1-year price change	▲ +33.09%
Market cap	$6.59B
Market cap rank	#27
Total volume (24h)	$525.90M
Circulating supply	238,385,316
Max supply	1,000,000,000
Where to buy HYPE	Buy on Bitbuy

All monetary values in this table are in USD and were last updated on January 27, 2026.

How to buy Hyperliquid in 5 steps

The whole process of buying HYPE can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Hyperliquid in Canada:

1. Compare crypto exchanges

   The easiest way to buy Hyperliquid is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy Hyperliquid

   You can now exchange your funds for Hyperliquid. On beginner-friendly exchanges, this is as simple as searching for the coin name (Hyperliquid) or its crypto code (HYPE), entering the CAD or HYPE amount you want to purchase and clicking "Buy."

5. Secure your Hyperliquid

   Consider transferring your HYPE to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy Hyperliquid in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Hyperliquid in Canada to help you compare deposit methods, supported fiat currencies and fees.

Hyperliquid price

The recent Hyperliquid (HYPE) price is $27.65 USD per coin, which is +24.17% higher than the previous day's trading price of $22.27 USD. Over the past 30 days, HYPE's price has changed by +6.57%, from $25.94 USD to the current price of $27.65 USD. Compared to this time last year, Hyperliquid's price has seen an increase of +33.09% to its value as a cryptocurrency.

What is Hyperliquid's all-time high?

Hyperliquid reached its all-time high of $59.30 USD on September 18, 2025, which was a +1,456.43% increase from its previous all-time low of $3.81 USD, which it reached on November 29, 2024. It has since landed at its current price of $27.65 USD.

Historical Hyperliquid price chart

You can use this chart to track HYPE price performance over time.

Can I buy Hyperliquid in Canada?

Yes, you can buy Hyperliquid in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Hyperliquid—like the ones in our curated list above—and place a "buy" order. For example, Bitbuy supports Hyperliquid and is a registered crypto exchange in Canada.

Because Hyperliquid is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What will I need to buy Hyperliquid?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Hyperliquid with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Hyperliquid with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Hyperliquid with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Hyperliquid, you could end up paying this:

• Price of HYPE: $27.65 USD
• Purchase amount: 5 HYPE
• Estimated exchange fee (3%): $4.15 USD
• Total cost: $142.40 USD

If it took you three months to pay off your Hyperliquid purchase at a credit card interest rate of 19.99% APR, you would pay an additional $7.12 USD in interest on top of what you originally paid to buy Hyperliquid.

This example can help you compare the relative cost of buying Hyperliquid with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Hyperliquid, or visit our guide on buying crypto with a credit card for more details.

Can I buy Hyperliquid with a debit card?

Yes, it is possible to buy Hyperliquid with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Hyperliquid with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Hyperliquid crypto a good investment?

Like any cryptocurrency, buying Hyperliquid can be risky. But there are precautions you can take to help mitigate risk. Consider these general factors before investing in Hyperliquid:

• Price volatility: Hyperliquid's price is largely based on speculation, meaning it can rise or fall quickly. For example, Hyperliquid's price has increased by 20.54% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Hyperliquid purchase order or moving Hyperliquid off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Hyperliquid sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for Hyperliquid and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Hyperliquid's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your Hyperliquid once you buy it

There are two main options for storing Hyperliquid once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Hyperliquid on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is Hyperliquid taxed in Canada?

Like all crypto, Hyperliquid is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling Hyperliquid can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Hyperliquid buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Hyperliquid can be risky. But if you decide to invest in Hyperliquid, look for a regulated crypto exchange in Canada that supports HYPE, and make sure to store your crypto securely.

Once you've bought Hyperliquid, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Hyperliquid's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Hyperliquid in Canada

• How do I buy Hyperliquid instantly?

  You can quickly purchase Hyperliquid on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy Hyperliquid instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is Hyperliquid worth today?

  Hyperliquid is currently worth $27.65 USD today. For some context, it was worth +33.09% more a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers