What Hippo Protocol is
Hippo Protocol (HP) is a Layer-1 blockchain network, currently ranked 585th by market capitalization among the assets we track. Hippo Protocol is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock HP as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.
How consensus and the token economy connect
Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets Hippo Protocol finalize transactions without miners.
Background & fundamentals
In sector terms it is most often filed under Recently Added.
Where Hippo Protocol sits in the market
At $0.00689400, Hippo Protocol carries a market capitalization of $8.20M. Around $81.04K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.99% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Hippo Protocol carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. HP remains -71% beneath its all-time high of $0.0234, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour -0.53%, 7-day -1.22%.
Volatility profile
Recent action puts Hippo Protocol in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate Hippo Protocol
For an asset of this type, three lenses matter most:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of HP staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Hippo Protocol over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.