At the moment the best way to do this is creating a Trick(nocode automation) where you must have an update a record action. There in the URL field you’ll select a variable to concat with link text like in the screenshot below
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Yeah, no-code right now that would be the best way to do it.
If you have access to low-code, however, you can also solve this with a single line of code with something like this (trigger: Before a record is created/updated):
$objectNew['url_field'] = "https://".$objectNew['example_field'].".com/";
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The “Formula” field is in beta, but for right now, using the Formula (Beta) field with a “Short text” return type selected, and the formula of
CONCAT(("https://www.yourdomain.com/"),{{name}})
could be something you can try out! It has a pro and con of not being editable by the row…
See this screenshot to see it in action in a test account:
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