v3.26.1
Digital Assets - Digital Asset Reconciliation (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Beginning balance   $ 43,872,033   $ 43,872,033  
HYPE Purchases       12,585,507  
Sales and dispositions of digital assets       (5,314,699)  
Net HYPE received from native staking activities       617,916  
HYPE commission paid to co-validators       (136,284)  
Non-cash interest income from digital assets receivable       307,278  
Realized and unrealized gains       49,697,831  
Realized and unrealized losses       (300,949)  
Impairment       (2,000,525)  
Recapture of credit loss       405,331  
Ending balance $ 99,840,797     99,840,797  
Revenue 357,693     601,964 $ 14,720
Revenue receivable 55,506     55,506  
Net costs accrued       42,223  
Other income, net (29,783)   $ 168,840 60,350 $ 172,527
HYPE commission paid to co-validators       136,284  
Realized gain       21,782,760  
Unrealized gain       27,915,071  
Realized loss       299,491  
Unrealized loss       1,458  
Hyperliquid Ecosystem          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Receipt of HPL pursuant to partnership agreement       150,163  
Deposits into Hyperion Rysk Vault   1,765,075   1,812,029  
Redemptions from Hyperion Rysk Vault       (1,854,834)  
Digital Assets          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Beginning balance   16,345,347   16,345,347  
HYPE Purchases       12,585,507  
Sales and dispositions of digital assets       (2,874,699)  
Deposits of digital assets into liquid staking activities       (364,962)  
Net HYPE received from native staking activities       526,144  
HYPE commission paid to co-validators       (136,284)  
Settlement of digital assets receivable       22,528,501  
Realized and unrealized gains       25,653,083  
Realized and unrealized losses       (293,569)  
Ending balance 74,119,231     74,119,231  
HYPE commission paid to co-validators       136,284  
Digital Assets | Hyperliquid Ecosystem          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Receipt of HPL pursuant to partnership agreement       150,163  
Digital Assets Receivable          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Beginning balance   6,935,131   6,935,131  
Net HYPE received from native staking activities       91,772  
Settlement of digital assets receivable       (22,528,501)  
Non-cash interest income from digital assets receivable       307,278  
Realized and unrealized gains       14,788,989  
Recapture of credit loss       405,331  
Digital Intangible Assets          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Beginning balance   $ 20,591,555   20,591,555  
Deposits of digital assets into liquid staking activities       364,962  
Exchange of digital intangible assets for digital intangible assets receivable       (18,746,744)  
Exchange of digital intangible assets receivable for digital intangible assets       19,454,154  
Realized and unrealized gains       6,108,349  
Realized and unrealized losses       (7,380)  
Impairment       (2,000,525)  
Ending balance 25,721,566     25,721,566  
Digital Intangible Assets | Hyperliquid Ecosystem          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Deposits into Hyperion Rysk Vault       1,812,029  
Redemptions from Hyperion Rysk Vault       (1,854,834)  
Digital Intangible Assets Receivable          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Sales and dispositions of digital assets       (2,440,000)  
Exchange of digital intangible assets for digital intangible assets receivable       18,746,744  
Exchange of digital intangible assets receivable for digital intangible assets       (19,454,154)  
Realized and unrealized gains       3,147,410  
HYPE Digital Assets          
Reconciliation of Company's assets and (liabilities) related to its digital assets          
Revenue $ 314,116     512,467  
Other income, net       $ 22,603