Why Is Hyperliquid (HYPE) Strengthening Today? Liquidation Map and Bullish Rally Targets
Why is Hyperliquid (HYPE) rising today? HYPE token is up 127.4% year-to-date as of June 7, buoyed by bullish liquidation map dynamics and breakouts, per
Hyperliquid Price
HYPE · #11 by market cap
$56.66
-1.47%
+0.16% 1h -14.81% 7d +40.63% 30d +32.96% 1y
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Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Page reviewed Jun 2026.
Technical snapshot
Derived from 365-day price historyBull-Bear Score
56/100
Neutral
RSI · 14-day
52.3
Neutral
03070100
Moving Avg Signal
Strong bull
vs 50d MA+18.2%
vs 200d MA+65.9%
Volatility · 30d
135%
Extreme · annualised
50d MA: $51.42
200d MA: $36.64
200d MA: $36.64
Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.
Sentiment & community signals
Daily refresh · CoinGecko🐂 Bullish votes
54.6%
🐂 55%
🐻 45%
Sentiment votes are crowd-sourced and may not reflect actual price movements. Community and dev metrics indicate ecosystem health, not investment quality.
ROI calculator
Hypothetical · educational only
Today it would be worth
$—
—
Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.
Where to trade Hyperliquid
10 exchanges · sorted by volume| # | Exchange | Pair | Price | |
|---|---|---|---|---|
| 1 | Tapbit | HYPE/USDT | $59.90 | Trade ↗ |
| 2 | Hyperliquid | HYPE/USDC | $59.89 | Trade ↗ |
| 3 | Bybit | HYPE/USDT | $59.83 | Trade ↗ |
| 4 | OKX | HYPE/USDT | $59.84 | Trade ↗ |
| 5 | Coinbase International Exchange | HYPE/USDC | $59.92 | Trade ↗ |
| 6 | Coinbase Exchange | HYPE/USD | $59.97 | Trade ↗ |
| 7 | Gate | HYPE/USDT | $59.91 | Trade ↗ |
| 8 | Hibt | HYPE/USDT | $59.92 | Trade ↗ |
| 9 | Bitget | HYPE/USDT | $59.91 | Trade ↗ |
| 10 | DigiFinex | HYPE/USDT | $59.91 | Trade ↗ |
Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.
Compared to peers
Normalised · max = 100
Hyperliquid
HYPE
Bitcoin
BTC
Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.
Tokenomics & supply
Max supply: 1,000,000,000 HYPE- Circulating 222,445,714 HYPE 22.2%
- Issued but locked 732,861,365 HYPE 73.3%
- Yet to be issued 44,692,921 HYPE 4.5%
Capped supply — no further issuance possible above 1,000,000,000 HYPE.
About Hyperliquid
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi).
Read full description ↓
Just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, efficient, and resilient blockchain. HYPE is the native token of the Hyperliquid blockchain, with a maximum supply of 1 billion.
Frequently asked questions about Hyperliquid
What is Hyperliquid (HYPE)?
Hyperliquid (HYPE) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #11 among all cryptocurrencies by total market value. It belongs to the Decentralized Exchange (DEX) and Smart Contract Platform category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.
How does Hyperliquid work?
Hyperliquid is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.
How much Hyperliquid is in circulation?
There are currently 222,445,714 HYPE in circulation out of a maximum supply of 1,000,000,000, meaning approximately 22.2% of the total HYPE that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.
What is the all-time high price of Hyperliquid?
Hyperliquid reached an all-time high of $75.48 on June 2, 2026. Currently the price sits 24.9% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.
How can I buy Hyperliquid?
Hyperliquid (HYPE) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their HYPE to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.
Is Hyperliquid a good investment?
Cryptocurrencies, including Hyperliquid, are highly volatile and carry significant risk of loss. Over the past year, HYPE has gained approximately 33% of its value. Whether Hyperliquid is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.
How is Hyperliquid different from Bitcoin?
Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Hyperliquid (HYPE) focuses on decentralized exchange (dex) use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Hyperliquid's value is tied to adoption within its specific use case and underlying network effects.
