Derivatives · Review
HyperSui Review 2026: Sui Perp DEX With Unverified Claims
HyperSui presents itself as a perpetual-futures DEX on the Sui blockchain, funded by a late-2025 token presale. Fees, audits and team details are not published, and at least one community post alleges a scam, so treat it as high risk.
By the DappsAtlas editorial team · Updated
DappsAtlas score
3.0/10
Weak
Our verdict on Hypersui
3.0/10HyperSui suits experienced, risk-tolerant traders who are curious about a perpetual DEX on Sui and who will do their own checks. Its main draw is the focus on Sui and the promise of high leverage. The main caveat is the lack of published audits, fees and team information, combined with a scam allegation and a presale-driven launch. Beginners and anyone who cannot afford to lose their deposit should stay away.
Score breakdown
How Hypersui scores
- Security
- 2.5/10
- Ease of use
- n/a
- Fees
- n/a
- Features
- 5.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Hypersui?
HyperSui is a decentralized exchange built for the Sui blockchain. It is described as combining an automated market maker with perpetual contracts, and it markets itself as a native perp DEX for Sui, in the same vein as Hyperliquid and Aster on other chains.
The project came to attention in October 2025 through a token presale for HYPESUI. Reports put the amount raised at over 2 million dollars, and one headline cites 2.8 million. Promotional material advertises leverage of up to 500x.
The team, legal entity, audits and fee schedule are not published in the material reviewed. A community forum thread also alleges the project is a scam. That claim is unverified, but it adds to the risk, and public sources are too thin to rate the product as safe.
How Hypersui works
A perpetual DEX lets traders take leveraged long or short positions on an asset without an expiry date. Positions are opened from a self-custody wallet and settled by smart contracts. A funding rate between longs and shorts keeps the contract price near the spot price.
HyperSui is described as pairing an automated market maker, where pooled liquidity sets prices, with perpetual contracts on Sui. Sui is a high-throughput chain with low transaction costs. Details such as the oracle, the liquidity model and the liquidation engine are not documented in the material reviewed.
The HYPESUI token was sold through a presale, which starts in October 2025 according to reports. What the token does inside the protocol, such as fee sharing, governance or staking, is not stated.
5 features
Key features
01
Perpetual DEX on Sui
HyperSui is described as combining an automated market maker with perpetual contracts, targeting traders on the Sui network.
02
High leverage
Promotional material advertises leverage of up to 500x. This magnifies both gains and losses and raises liquidation risk sharply.
03
Price aggregation and liquidity
Search descriptions mention price aggregation and liquidity features as part of the design. Specific mechanics are not documented in the reviewed material.
04
Native token and presale
The project promotes a token, HYPESUI, sold through a presale that began in October 2025.
05
Stated security layers
A post from the project says its perp DEX has multiple layers of protection at each stage of use, but it names no audits or specific controls.
Pros and cons
What we like
- Targets a real gap: a native perpetual-futures exchange on the Sui network
- Self-custody model typical of DEXs, so funds are not held on an exchange account
- Combines an AMM with perpetual contracts, according to project descriptions
- Active public presence on social media, with the project posting about security
Watch out for
- Fees, audits, team and legal entity are not published in the material reviewed
- A community forum thread warns that the project is a scam, and the claim is unverified
- The token presale was reported as raising millions before the product could be independently checked
- Leverage of up to 500x is advertised, which can wipe out a position on a small price move
- Public sources disagree on which chain the HYPESUI token lives on, with mentions of Solana and BNB Chain as well as Sui
Hypersui fees
HyperSui does not publish a fee schedule in the material reviewed. There are no stated figures for trading fees, funding rates, liquidation penalties or withdrawal costs.
Perp DEX users normally see taker and maker fees and funding rates in the trading interface before confirming an order. Check these, plus Sui network gas costs, before opening a position.
Is Hypersui safe?
No audit report, named auditor or bug bounty is published in the material reviewed. A project post claims multiple layers of protection but gives no verifiable detail. The team and operating entity are not identified, and no regulatory status is stated.
A community forum thread describes HyperSui, along with similarly named projects, as a scam. This is a single unverified claim, but presale-funded projects with leverage of up to 500x and no disclosed team carry heavy counterparty and smart-contract risk. Always verify addresses and websites yourself, since lookalike names exist.
Leveraged trading can lose your entire deposit quickly. Check that derivatives trading is legal in your jurisdiction.
6 steps
How to get started with Hypersui
- 1
Confirm the official website and social accounts independently, as similarly named projects exist and a forum thread warns about them.
- 2
Read any available documentation on fees, liquidation rules and audits before depositing anything.
- 3
Set up a Sui-compatible wallet and keep funds in a separate wallet from your main holdings.
- 4
Verify the token contract address and chain from official channels before buying HYPESUI.
- 5
If you trade, start with a very small amount and low leverage, and learn how liquidation works.
- 6
Never invest more than you can afford to lose and check the rules on derivatives trading where you live.
Who Hypersui is for
HyperSui is aimed at active derivatives traders on the Sui ecosystem who accept very high risk and are comfortable verifying contracts and websites themselves. It is not suited to beginners, to anyone seeking audited and transparent infrastructure, or to people who cannot absorb a total loss.
Hypersui FAQs
What is HyperSui?
HyperSui describes itself as a decentralized exchange built for the Sui blockchain. It combines an automated market maker with perpetual contracts and promotes leverage of up to 500x.
What is the HYPESUI token?
Its token is referred to as HYPESUI. Sources conflict on where the token is issued, with mentions of Solana and BNB Chain alongside Sui, so confirm the contract address through the official channels before interacting with anything.
Is HyperSui audited?
The project does not publish an audit report in the material reviewed. A post on X claims multiple layers of protection, but it gives no named auditor or report, so it cannot be verified.
Is HyperSui a scam?
A community forum thread calls HyperSui a scam and links it with similarly named projects. That is a single unverified claim, but together with the missing disclosures it is a reason to be very cautious and to avoid committing more than you can lose.
What are HyperSui's trading fees?
Fees are not published in the material reviewed. Perpetual DEXs usually charge trading fees and funding rates, and these should be shown in the trading interface before you open a position.
How much did the HyperSui presale raise?
Reports say the public presale started around mid-October 2025 and raised several million dollars, with one headline citing 2.8 million. These figures come from secondary sources and have not been independently confirmed.
Compare
Hypersui alternatives
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Hyperliquid HLP is a community-owned vault that provides market making and liquidations on the Hyperliquid exchange for fee-share returns.
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dYdX V4 is a decentralized perpetual futures exchange on its own Cosmos SDK chain, aimed at experienced crypto derivatives traders.
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Orderly is omnichain, shared-orderbook infrastructure that lets builders launch perpetual-futures DEXs, used by traders through those frontends.
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Triton One provides Solana RPC, gRPC streaming and indexed ledger data for developers, wallets and trading teams, alongside open-source tools.
Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.
Bitget is a centralized exchange for crypto spot and futures that also offers tokenized stocks, commodities and forex in one account, for active traders.
Backpack is a crypto exchange, US stock broker and self-custody wallet offering perps, lending yield and cross-collateral margin in one app.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.