NEST
NEST Rank #1789Price chart
What is NEST?
Overview
NEST operates as a MetaDEX platform where trading activity generates fees that flow to participants rather than being retained by the protocol. The mechanism is built around incentivizing user engagement and reward distribution. The protocol aims to create sustained growth for the broader Hyperliquid network through aligned fee structures.
How it works
NEST is deployed on the HyperEVM chain. The protocol implements a dual rewards system where trading fees are distributed to voters, combined with a HYPE Engine that amplifies value outcomes from these fee flows. This structure creates a feedback mechanism where increased trading strengthens accumulation for participants.
Token and supply
NEST has a total supply of approximately 1.89 billion tokens with no maximum supply cap. The token is used within the protocol's fee distribution and rewards mechanisms.
Where to trade NEST
Exchanges that list this asset
Live spot quotes from connected exchanges
NEST funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.