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HIP-1: Native token standard | Hyperliquid Docs

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HIP-1 is a capped supply fungible token standard. It also features onchain spot order books between pairs of HIP-1 tokens. The sender of the token genesis transaction will specify the following: name: human readable, maximum 6 characters, no uniqueness constraints. weiDecimals: the conversion rate from the minimal integer unit of the token to a human-interpretable float. For example, ETH on EVM networks has weiDecimals = 18 and BTC on Bitcoin network has weiDecimals = 8. szDecimals: the minimum tradable number of decimals on spot order books. In other words, the lot size of the token on all spot order books will be 10 ** (weiDecimals - szDecimals). It is required that szDecimals + 5 <= weiDecimals. maxSupply: the maximum and initial supply. The supply may decrease over time due to spot order book fees or future burn mechanisms. initialWei: optional genesis balances specified by the sender of the transaction. This could include a multisig treasury, an initial bridge mint, etc. anchorTok

HIP-1: Native token standard | Hyperliquid Docs Hyperliquid Docs About Hyperliquid Onboarding HyperCore HyperEVM Hyperliquid Improvement Proposals (HIPs) HIP-1: Native token standard HIP-2: Hyperliquidity HIP-3: Builder-deployed perpetuals HIP-4: Outcome markets Frontend checks Trading Validators Referrals Points Historical data Risks Bug bounty program Audits Brand kit For developers API HyperEVM Nodes Powered by GitBook On this page For the complete documentation index, see llms.txt . This page is also available as Markdown . HIP-1 is a capped supply fungible token standard. It also features

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