HyperSwap v3 Slippage Estimator
Trade Slippage Calculator
Estimate price impact based on HyperSwap v3's liquidity depth (79th percentile) and 0.637% average bid-ask spread.
Estimated Trade Impact
Quick Takeaways
- HyperSwap v3 processes about $35 million in 24‑hour volume, placing it in the 89th percentile among DEXes.
- Average bid‑ask spread sits at 0.637%, a competitive figure for a mid‑tier platform.
- The exchange charges no market fees, but withdrawal costs and gas fees still apply.
- Liquidity depth ranks 79th percentile; the biggest pair is USDT0/WHYPE.
- Transparency around audits, team and roadmap is limited, which may affect long‑term confidence.
What is HyperSwap v3?
When you open HyperSwap v3 is a decentralized exchange (DEX) that launched in 2023 and offers spot trading through an AMM‑driven web interface at app.hyperswap.exchange, you’re looking at a platform that aims to be fee‑efficient and user‑friendly. It runs entirely on‑chain, meaning you never hand over private keys to a central server. The UI is built for browsers, so there’s no need to download a native wallet - just connect any Web3 wallet that supports the underlying blockchain.
Trading Volume & Market Position
As of October 2025, HyperSwap v3 reports a 24‑hour trading volume that oscillates between $33.7 million and $35.1 million. That volume translates to roughly 297 BTC in daily turnover. While the numbers are shy of the billions seen on Uniswap or PancakeSwap, they still rank the exchange in the 89th percentile for volume among all crypto exchanges, putting it firmly in the middle tier.
The DEX component alone accounts for about $33.7 million of the total, suggesting that most activity comes from spot trading rather than any ancillary services.
Liquidity, Spreads & Fee Structure
Liquidity depth is expressed through the order‑book percentile ranking, where HyperSwap v3 sits at 79th. In plain terms, the platform’s pools are deep enough to handle moderate‑sized trades without dramatic price slippage, but a whale‑sized order may still move the market. The average bid‑ask spread of 0.637 % is tighter than many newer AMM protocols, which often sit above 1 % during volatile periods.
One standout claim is that HyperSwap v3 does not charge market fees. In practice, users still pay gas fees on the underlying blockchain, and any withdrawal to an external wallet may incur a small network fee set by the protocol. Because the platform avoids a taker/maker fee schedule, it can be attractive for low‑frequency traders who dislike hidden costs.
Supported Tokens & Popular Pairs
The exchange currently supports 45 cryptocurrencies and 127 distinct trading pairs. The most active pair is USDT0/WHYPE, reflecting strong demand for stablecoin‑wrapped token swaps.
Other noteworthy pairs include:
- Hyper USD (USDHL) - a stablecoin pegged to the US dollar, trading at $1.00 with a 0.35 % price movement.
- Decentralized Nasdaq (DNDX) - a highly volatile asset priced at $0.0001121.
- Hyperbeat LST Vault (lstHYPE) - a liquid‑staking token at $45.21.
- Kintsu Staked Hype (sHYPE) - another staking derivative, trading around $44.91.
All of these pairs use WHYPE as a base token, cementing WHYPE’s role as the primary liquidity hub on the platform.
Security, Audits & Transparency
One area where HyperSwap v3 falls short is public documentation of security audits. The platform’s smart‑contract code is not listed on major audit firm websites, and the team’s composition remains largely anonymous. In the DEX world, this opacity can be a red flag for institutional players who demand proof of code safety.
Nevertheless, the protocol has not suffered any high‑profile exploits to date. Users should still adopt standard precautions: connect wallets via hardware devices, limit approval amounts, and monitor on‑chain activity through block explorers.
Competitive Landscape
To put HyperSwap v3 in context, here’s a quick side‑by‑side look at three popular DEXes:
| Metric | HyperSwap v3 | Uniswap | PancakeSwap |
|---|---|---|---|
| 24‑h Volume (USD) | $35 M | $3.1 B | $1.7 B |
| Bid‑Ask Spread (avg.) | 0.637 % | 0.45 % | 0.58 % |
| Liquidity Percentile | 79th | 94th | 88th |
| Supported Tokens | 45 | ≈ 350 | ≈ 200 |
| Market Fees | 0 % (no taker/maker) | 0.3 % | 0.2 % |
HyperSwap v3’s niche appears to be fee‑free trading for a modest token set, while Uniswap and PancakeSwap dominate on sheer volume and token diversity.
Pros & Cons
Pros
- No direct market fees - cheaper for low‑volume traders.
- Competitive spread of 0.637 %.
- Focused token list reduces clutter and makes UI navigation simple.
- Active market for WHYPE‑based pairs.
Cons
- Limited transparency on audits, team and roadmap.
- Liquidity depth lags behind top‑tier DEXes.
- Withdrawal and gas fees still apply, which can be high on congested networks.
- No advanced features such as margin trading or cross‑chain swaps.
Should You Trade on HyperSwap v3?
If you’re a trader who primarily swaps stablecoins and WHYPE‑related tokens and you want to avoid taker fees, HyperSwap v3 is worth a try. However, if you need deep liquidity for large orders, multi‑chain support, or assurance of audited contracts, platforms like Uniswap or PancakeSwap may serve you better.
In short, treat HyperSwap v3 as a specialized tool in a broader DEX toolkit rather than a one‑stop shop.
Frequently Asked Questions
What blockchain does HyperSwap v3 run on?
The platform is built on the Ethereum Virtual Machine (EVM) compatible network, allowing it to use any wallet that supports EVM chains.
Are there any hidden fees?
HyperSwap v3 advertises zero market fees, but users still pay gas costs for transaction execution and small network fees when withdrawing tokens to external wallets.
How does the platform ensure liquidity?
Liquidity is provided through automated market maker (AMM) pools that users can contribute to. The platform does not disclose total value locked (TVL), but the 79th percentile order‑book ranking suggests moderate depth.
Is HyperSwap v3 audited?
Public records do not show a third‑party audit. Users should perform their own due diligence and consider using hardware wallets for extra safety.
Can I trade on HyperSwap v3 from a mobile device?
Yes. The web interface is responsive, and any Web3 wallet with mobile support (e.g., MetaMask Mobile, Trust Wallet) can connect directly.
rachel terry
October 21, 2025 AT 16:42Susan Bari
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