Gaming & Metaverse on Hyperliquid

Hyperliquid's gaming and metaverse category covers 13 tokens, from NFT-scaling infrastructure (Immutable) and game publishers (Gala) to the play-to-earn names that defined the last cycle (Axie Infinity, The Sandbox, Illuvium). All trade as USDC-settled perpetuals at 0.045% taker and 0.015% maker base fees with funding settled hourly. Gaming tokens are event-driven more than most: a mainnet game launch, a season reset, or a marketplace change can move a single name sharply while the rest of the basket stays flat. That makes the category better suited to catalyst trades around specific releases than to passive basket exposure. IMX and GALA hold the deepest books; the smaller games trade thinly enough that spreads widen fast in volatile sessions, so limit orders usually beat market orders here.