How to Deposit HYPE

Introduction

This guide explains how HYPE on HyperCore is deposited to Derive. The process consists of two main steps:

1. Transfer HYPE from HyperCore to HyperEVM

→ To complete this step, open the Hyperliquid app and connect your EVM wallet.

1A. Navigate to the Portfolio page and select [EVM-Core Transfer]

1B. Transfer HYPE spot balance from HyperCore to HyperEVM

2. Deposit HYPE from HyperEVM to Derive

→ To complete this step, open the Derive app and connect the same EVM wallet.

2A. In the main navigation bar select [Deposit]

2B. Deposit HYPE balance from HyperEVM to Derive

3. (Optional) HYPE Portfolio Margin

3A. Navigate to the Subaccounts page and select [Create subaccount]

3B. Create Portfolio Margin V2 subaccount for HYPE market.

Related Articles

What is Derive? What networks are supported? Standard Margin Portfolio Margin Self-Custodial Withdrawals (Escape Hatch)