How to withdraw HYPE from Hyperliquid and spend it on gift cards

If you have earned HYPE from trading on Hyperliquid, you can spend it on 6,600+ brands via Cryptorefills without converting to fiat.

How to withdraw HYPE from Hyperliquid and spend it instantly?

HYPE is the native token of Hyperliquid, a high-performance Layer 1 blockchain built for on-chain trading. It's used for staking, paying gas fees on HyperEVM, and governance. The network runs a custom consensus algorithm called HyperBFT, capable of processing 200,000 orders per second with sub-second finality.

Unlike most DeFi tokens, HYPE lives natively on the Hyperliquid L1, not Ethereum or Solana. That's an important detail when it comes to withdrawing.
 

Step 1: Move HYPE from Hyperliquid L1 to HyperEVM

Because HYPE lives on its own blockchain, the first step is bridging it to HyperEVM, the EVM-compatible layer of Hyperliquid that lets you interact with standard wallets like MetaMask or Rabby.

1. Go to app.hyperliquid.xyz and connect your EVM-compatible wallet (MetaMask, Rabby, or WalletConnect).
2. Navigate to the Portfolio tab and scroll down to see your token balances.
3. Find HYPE and tap or click "Transfer to EVM."
4. Enter the amount you want to transfer and confirm the transaction.
5. Your HYPE will appear in your connected EVM wallet shortly after.

Once your tokens are on HyperEVM, they're accessible like any other ERC-compatible asset, and you can bridge them to any supported exchange.
 

Step 2: Send HYPE to an exchange

HYPE is listed on Kraken, Bitget, KuCoin, Gate.io, and several other centralized exchanges. Pick one, copy your deposit address for the correct network, and send your HYPE from your wallet.

A few things to check before sending:

• Make sure the exchange lists HYPE and supports deposits on HyperEVM or Arbitrum (the networks vary by exchange).
• Have a small amount of ETH or HYPE available for gas fees.
• Double-check the deposit address. On-chain transfers are irreversible.

Step 3: Sell HYPE for USDT or another crypto

Once your HYPE arrives in your exchange account:

1. Go to the spot trading section and search for the HYPE/USDT pair.
2. Enter the amount you want to sell and place a market order (executes immediately) or a limit order (executes at your target price).
3. Your USDT will appear in your exchange balance once the trade fills.

From there you have two options: convert to fiat or spend directly with crypto.
 

Step 4: Withdraw to your bank or spend directly

To withdraw to fiat: If your exchange supports fiat withdrawals in your currency (Kraken supports USD and EUR bank transfers, for example), link your bank account and initiate a withdrawal. Depending on your bank and region, this can take between a few hours and five business days.

For users in the Philippines or Southeast Asia, Bitget and Gate.io both support P2P trading where you can convert USDT to PHP, IDR, or other local currencies through peer-to-peer trades with 0% platform fees.

To spend directly: If you'd rather skip the fiat step entirely, you can use your USDT or USDC to buy gift cards, mobile top-ups, eSIMs, and flights at Cryptorefills.
 

Spend your HYPE profits with Cryptorefills

Once your HYPE is converted to USDT or USDC, you can spend it directly on Cryptorefills without converting to cash first. No KYC required for most products, and delivery is instant.

You can use your crypto to buy:

• Gift cards for Amazon, Netflix, PlayStation, Steam, and more
• Mobile top-ups for carriers worldwide
• eSIMs for travel
• Flights and hotel bookings

How to buy products with HYPE profits on Cryptorefills

You'll need your HYPE converted to USDT, USDC, ETH, or another supported coin first.

1. Visit Cryptorefills on your phone or desktop.
2. Select the product you want to buy (for example, a PayPal gift card).
3. Add it to your cart and go to checkout.
4. Choose your blockchain network and coin. USDT on Arbitrum or Ethereum Mainnet works well if that's where your funds landed after bridging.
5. Send the exact amount to the payment address shown.
6. Done. Your product details arrive by email as soon as the transaction confirms on-chain.

Frequently asked questions

Does Hyperliquid charge fees to withdraw HYPE?

Hyperliquid itself doesn't charge a platform withdrawal fee. You'll pay gas fees for the on-chain transfer, which are low on HyperEVM. Exchange deposit fees vary by platform.
 

Can I withdraw HYPE directly to a bank account?

No. Hyperliquid doesn't support direct fiat withdrawals. You need to transfer HYPE to a centralized exchange like Kraken or Bitget, sell it for USDT or another stablecoin, and then withdraw from the exchange to your bank.
 

Is my HYPE withdrawal instant?

The transfer from Hyperliquid L1 to HyperEVM is fast, usually confirming in seconds. After that, exchange deposits typically take a few minutes to credit. Fiat bank withdrawals depend on your bank and can take 0–5 business days.
 

Can I use a Phantom wallet with Hyperliquid?

No. Hyperliquid requires an EVM-compatible wallet. MetaMask, Rabby, and WalletConnect-compatible wallets work. Phantom is Solana-native and isn't supported on the Hyperliquid interface.

Frequently asked questions

What can I do with HYPE from Hyperliquid?

Spend it on 6,600+ gift card brands, mobile top-ups, eSIMs and travel via Cryptorefills or bridge to an exchange and sell for fiat.

Do I need to sell HYPE before spending it?

No. Withdraw from Hyperliquid to your wallet, then send to Cryptorefills at checkout. No fiat conversion needed.

How do I withdraw HYPE from Hyperliquid?

Go to the Hyperliquid bridge, select HYPE, enter your wallet address and confirm. Funds arrive in your wallet within minutes. Then go to Cryptorefills, select a gift card, choose HYPE at checkout and send.

What network does HYPE use?

HYPE runs on Arbitrum. Make sure your wallet supports Arbitrum before withdrawing from Hyperliquid.

Do I need ETH for gas fees when sending HYPE?

Yes. Since HYPE runs on Arbitrum, you need a small amount of ETH to cover the network fee. This is usually under $0.05 on Arbitrum.

Is there a minimum amount of HYPE I can spend on Cryptorefills?

Check the checkout page for the current minimum. Most gift cards start from the equivalent of $5–10.