$1.35 USD (0.00% 24h)
As of 2026-09-15 11:36 UTC. Source: The Crypto App market data. USD snapshot, not a live tick.
HAM is an elastic supply token on Hyperliquid's HyperEVM that targets $1.00. Instead of collateral, it uses rebasing: the protocol automatically expands or contracts every holder's balance to push the market price back toward $1. As HYPE appreciates in USD, the protocol harvests that upside into a treasury via positive rebases, giving holders a stable unit while capturing the underlying asset's growth.