XHYPE (XHP) is a cryptocurrency that powers the Xhype platform, a decentralised payment marketplace. The platform facilitates anonymous purchases and transactions, creating a zero data e-commerce environment. By utilising blockchain technology and smart contracts, Xhype ensures secure and private transactions, eliminating the need for intermediaries such as banks or payment processors. This setup aims to reduce the risk of data breaches and unauthorised access to sensitive information. Additionally, Xhype supports conventional payment methods, including bank cards and traditional payment terminals.

XHYPE (XHP) is used as the primary medium of exchange within the Xhype marketplace. It enables users to make purchases and transactions anonymously. The platform offers a variety of products and services from different sellers, starting with travel experiences such as booking, car rentals, and transfers, as well as GiftCard purchases. Xhype leverages blockchain technology to record all transactions, aiming to create a fair and transparent trading environment where buyers can make informed decisions based on product listings and customer reviews.

XHYPE (XHP) was created by a team of co-founders including Francesc Murcia, who serves as the CEO, Carlos Morillo, the CFO, Sergi Candel, the CMO, Sonia Amat, the CDO, and Juan Luis de Paz, the CFA.