Investment
Features
FeesSafety
Academy
More
Pluang+

HYPE to PHB: Convert Hyperliquid to Phoenix Today

1 HYPE = 5,115.17 PHB
HYPE price updated 27 Aug 2026 · 18:44 WIB · PHB price updated 27 May 2026 · 10:00 WIB

Cross rate: the HYPE/PHB value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.

The Hyperliquid (HYPE) to Phoenix (PHB) exchange rate is currently 5,115.17 PHB per 1 HYPE. The value is computed from both assets' mid prices on the Pluang market and refreshed throughout the day. Use the calculator for other amounts, or open the reverse direction on the PHB to HYPE page.

See PHB to HYPE rate1 PHB = 0.0001955 HYPE
Pick a crypto and a target asset to see the conversion
From
To
Amount
HYPE
Conversion Result
5,115.1709 PHB
1 HYPE = 5,115.17 PHB · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:HYPEHYPEPHBPHB

HYPE/PHB Chart

Daily price ratio of the two assets

HYPE and PHB Statistics

Trading activity and supply, with no currency denomination
HYPEHyperliquid
Circulating Supply251,9M / 952,2M HYPE
Trading Activity67% Sell | 33% Buy
Typical Hold Time36 Days
PHBPhoenix
Circulating Supply69,3M / 76M PHB
Trading Activity0% Sell | 0% Buy
Typical Hold Time31 Days

HYPE to PHB Conversion Table

Conversion values for commonly searched amounts

HYPE → PHB

AmountResult
0.0015.1152 PHB
0.0151.1517 PHB
0.1511.5171 PHB
0.52,557.5855 PHB
15,115.1709 PHB
525,575.8546 PHB
1051,151.7091 PHB

PHB → HYPE

AmountResult
0.10.00001955 HYPE
10.0001955 HYPE
100.001955 HYPE
1000.01955 HYPE
1,0000.1955 HYPE
10,0001.955 HYPE
100,00019.5497 HYPE

Frequently Asked Questions

1 HYPE = 5,115.17 PHB. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Hyperliquid mid price by the Phoenix mid price on the Pluang market. The result is an asset-to-asset exchange rate, with no currency involved.
This page is a value calculator. To invest, you can sell HYPE and buy PHB in the Pluang app or via Web Trading, both available 24/7.
Each candle divides HYPE's price components by PHB's on the same day: open by open, high by high, low by low, close by close, then the range is normalized so the candle stays valid. This is the standard ratio-chart pattern. Intraday extremes are approximate because the two assets do not always move at the same moment. A line mode is also available.
This page prices HYPE in PHB, another crypto asset. For HYPE in US dollars, euro, and 130+ other currencies, use HYPE's foreign-currency conversion pages.

Crypto prices come from the Pluang market. Cross rates are computed as the ratio of both assets' mid prices. All values are indicative and are not an offer, solicitation, or investment advice.