# Hyperliquid to Raydium (HYPE to RAY) — no-KYC swap on GhostSwap

> Send Hyperliquid (HYPE) on HyperEVM (Hyperliquid) and receive Raydium (RAY, an SPL token on Solana) in your own wallet, with no account and no KYC. It is a cross-chain swap from HyperEVM (Hyperliquid) to Solana, with no bridge and no wrapped tokens. Most HYPE to RAY swaps finish in 5–15 minutes.

Swap page: https://ghostswap.io/exchange/hype-ray/
Updated: 2026-10-02

## At a glance

| | |
|---|---|
| You send | Hyperliquid (HYPE), HyperEVM (Hyperliquid) |
| You receive | Raydium (RAY), SPL token on Solana |
| Your RAY address | Solana address that is 32–44 letters and numbers with no 0x prefix. Wallets: Phantom, Solflare or a Ledger |
| Deposit network fee | Paid in HYPE by your wallet |
| Deposit confirmation | Under a minute on HyperEVM (Hyperliquid) |
| RAY payout | Sent to your address as soon as the swap completes; Solana confirms it in under a minute |
| Typical swap time | 5–15 minutes until your RAY is sent |
| Reference rate | 1 HYPE ≈ 46.3436 RAY · 1 RAY ≈ 0.021578 HYPE (market prices, 2 Oct 2026) |
| Limits | The exact minimum and maximum HYPE amounts are shown live in the exchange box |
| Account / KYC | None for standard swaps: no sign-up, no email, no ID |
| Tracking | Status page with your swap ID; HYPE on HyperEVMScan; RAY on Solscan |
| Reverse swap | [RAY to HYPE](https://ghostswap.io/exchange/ray-hype/) |

## How to swap HYPE to RAY

1. Open https://ghostswap.io/exchange/hype-ray/ and enter the amount of HYPE to send.
2. Paste the RAY address that should receive the coins.
3. Enter the HYPE address you are sending from, then confirm.
4. Send the HYPE to the one-time deposit address shown.
5. Receive RAY in your wallet and follow the status page with your swap ID.

## FAQ

### How long does it take to swap HYPE to RAY on GhostSwap?

Most HYPE to RAY swaps finish in 5–15 minutes. Your HYPE deposit needs under a minute to confirm on HyperEVM (Hyperliquid); after that the RAY is sent to your wallet and Solana confirms it in under a minute. Busy networks can add a few minutes.

### Do I need KYC or an account to exchange HYPE to RAY?

No. GhostSwap has no accounts: you paste the Solana address that should receive the RAY, send HYPE from your own wallet, and the RAY goes straight to that address. No email, phone number or ID upload.

### What are the fees for converting Hyperliquid to Raydium?

The GhostSwap fee is already included in the rate in the exchange box, so the RAY amount you see is what you receive. On top of that, the HyperEVM (Hyperliquid) network fee for your deposit is paid in HYPE by your wallet.

### What wallet should I use to receive RAY?

To receive Raydium from your swap, we recommend using Phantom, Solflare, or Trust Wallet. Make sure your wallet supports the Solana (SPL token) network before starting the exchange. Double-check your RAY address before confirming — cryptocurrency transactions cannot be reversed.

### What format is the RAY address?

Use a Solana address: it is 32–44 letters and numbers with no 0x prefix. Copy it from your wallet and paste it; never type it by hand. Sending RAY to an address on another network can lose the coins.

### Can I track my HYPE to RAY swap?

Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your HYPE payment on HyperEVMScan (https://hyperevmscan.io) and your incoming RAY on Solscan (https://solscan.io).

### Is it safe to exchange HYPE for RAY on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your HYPE deposit is converted and the RAY is sent straight to the Solana address you enter, so check that address twice — Solana transfers cannot be reversed.

### How does a cross-chain HYPE to RAY swap work?

Hyperliquid lives on HyperEVM (Hyperliquid) and Raydium on Solana, two separate blockchains. Instead of a bridge, GhostSwap takes your HYPE on HyperEVM (Hyperliquid) and pays native RAY on Solana, so you never hold a wrapped token or pay bridge fees.

### What happens if my HYPE to RAY exchange fails?

If a swap cannot be completed, the HYPE is refunded to the HyperEVM (Hyperliquid) address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems come from sending a different amount than shown or using an address on the wrong network.

## Related

- [Reverse: RAY to HYPE](https://ghostswap.io/exchange/ray-hype/) ([Markdown](https://ghostswap.io/exchange/ray-hype.md))
- [All GhostSwap pairs](https://ghostswap.io/exchange/)
- [How to exchange](https://ghostswap.io/how-to-exchange/)
- [Site guide for AI assistants](https://ghostswap.io/llms.txt)