What is the current price of HashKey Platform Token?
The current price of HashKey Platform Token is $0.08773 with a 0.96% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
HSK is the ecosystem token of HashKey Group, a Hong Kong based digital asset financial services company that operates a licensed exchange, custody services, and an Ethereum Layer 2 network. It began as an incentive and loyalty asset for HashKey's own platforms and later took on a second role as the native gas token of HashKey Chain.
Naming is a common source of confusion here. The token was announced in April 2023 as "HashKey EcoPoints," and it is still listed under that original name in some data feeds, while HashKey's own materials and most exchange listings now use "HashKey Platform Token." Both names refer to the same asset with the ticker HSK. It is not a separate points program running alongside a different exchange token.
Official sources:
HSK was created by HashKey Group, founded in 2018 in Hong Kong and chaired by Dr. Xiao Feng. The group built its business around regulatory licensing rather than offshore operation. HashKey Exchange received approval from Hong Kong's Securities and Futures Commission in August 2023 to serve retail users, making it one of the first licensed virtual asset trading platforms in the territory. HashKey Group later listed its shares on the Hong Kong Stock Exchange in December 2025.
The token itself launched in April 2023 without a public or private sale. HashKey stated at the time that no fundraising would be conducted through HSK, and that the token existed to reward contributors, early users, and partners across group businesses.
The second phase of the token's life began with HashKey Chain. HashKey announced plans for its own Ethereum Layer 2 in 2024, ran a testnet from November of that year, and brought the network to mainnet in December 2024. HSK became the network's native gas asset at that point, changing it from a platform loyalty token into infrastructure for a live chain.
HSK exists in two places at once, and understanding the split is the key to understanding the token.
As an ERC-20 token on Ethereum
The original issuance is a standard ERC-20 contract at address 0xe7c6bf469e97eeb0bfb74c8dbff5bd47d4c1c98a. This is the form most centralized exchanges list and most Ethereum wallets hold.
As the native gas asset of HashKey Chain On HashKey Chain, HSK is not a contract token. It is the base currency used to pay transaction fees, in the same way ETH pays for Ethereum. Tokens move between the two environments through the network bridge.
HashKey Chain is built on the OP Stack, the same open source rollup framework used by Optimism and several exchange operated chains. It posts transaction data to Ethereum and relies on Ethereum for data availability. The live network uses chain ID 177 and an RPC endpoint at hsk-mainnet.hashkey.com. Documentation pages and third party chain registries have carried conflicting chain IDs at various points, so verify against the RPC before configuring anything important.
Documented uses of HSK include:
HSK has a fixed maximum issuance of one billion tokens with no further minting planned. The original allocation was described as 65 percent for ecosystem growth, 30 percent to the team on a multi year vesting schedule, and 5 percent to a reserve fund. HashKey has also committed to a repurchase and burn program funded from a share of quarterly net profit. That program has been announced and revised more than once, so treat the exact percentage and cadence as something to check against current company disclosures rather than a fixed protocol rule.
Most exchange tokens stop at fee discounts. Most Layer 2 tokens are governance assets on chains that use ETH for gas. HSK sits in the narrow overlap: it is an exchange affiliated token that is also the gas currency of a working rollup, issued by a company that is publicly listed and operates under a Hong Kong regulatory license.
That combination is the real differentiator. It also ties the token's fortunes to a specific regulatory jurisdiction and a specific corporate balance sheet in a way that a permissionless protocol token is not.
On Ethereum, HSK is protected by Ethereum's proof of stake consensus like any other ERC-20 token. On HashKey Chain, the security model is that of an OP Stack optimistic rollup: transaction data is published to Ethereum, and the chain's correctness ultimately depends on the fraud proof system and the honesty of its operators.
Independent rollup trackers have flagged material gaps in that model. As publicly assessed, HashKey Chain has operated with a single centralized sequencer, without a functioning fault proof path, and with contracts that could be upgraded without a mandatory delay. Those properties mean users are trusting the operator, not only the math. Rollup maturity changes over time, so check the current assessment and the chain's own security documentation before assuming the situation is the same as when this page was written.
HSK is a case study in how regulated venues are trying to build on-chain infrastructure rather than merely list assets on it. If tokenized securities and payment instruments in Asia end up settling on operator run rollups with licensing and custody attached, a token that pays gas on such a chain is worth understanding. Whether that thesis plays out is open, and HashKey Chain remains early in usage terms relative to its ambition.
HSK trades on a range of centralized exchanges, including HashKey's own venues and several international platforms. Availability varies by jurisdiction and by exchange listing decisions, so check current listings rather than relying on any static list.
HSK has been listed on HashKey Global and on several international venues that support Hong Kong linked assets. Listings change, and some exchanges restrict access by region, so confirm on the exchange itself. On-chain liquidity also exists on HashKey Chain and on Ethereum decentralized exchanges, generally thinner than on centralized venues.
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Read the complete paper trading guideThe current price of HashKey Platform Token is $0.08773 with a 0.96% change in the last 24 hours.
The daily trading volume is $14,903.89 representing a 49.82% change in the past 24 hours.
The market capitalization of HashKey Platform Token is $30,264,841, ranking #426 globally.
The fully diluted valuation (FDV) of HashKey Platform Token is $87,734,346, calculated assuming the maximum supply of 1,000,000,000 HSK is in circulation.
Circulating: 344,960,009. Total: 1,000,000,000. Max: 1,000,000,000.
In the last 24 hours, HashKey Platform Token traded between a low of $0.08666 and a high of $0.08867.
HSK/USDTTether USDT0.08773 USDT
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