HYPE futures open interest reached $3 billion after rising 32% in one week, while the token hit a $76.90 all-time high. Funding rates stayed below the neutral 6% threshold, suggesting the rally has not been driven purely by overheated bullish leverage. Hyperliquid's TradFi perpetuals exceeded $2.9 billion in open interest, but HYPE's $71.
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After rising to a new all-time high above $75, Hyperliquid has once again proven to be one of the strongest assets on the market.
The native cryptocurrency of Hyperliquid, HYPE, established a record price point of $76.90 on June 16, 2026. Over the preceding week, the digital asset appreciated by approximately 46%, while monthly gains exceeded 90%.
HYPE spot ETFs logged daily inflows to $185.68M while a Hyperliquid venue shut markets. We map risks to NAV, liquidity, and survival paths.
Despite mixed HYPE derivatives market signals, Hyperliquid's explosive TradFi perpetual growth makes a push toward $80 increasingly realistic.
A sustained move above $76 could increase the chances of a new all-time high.
Hyperliquid's HYPE token has surged to a new all-time high near $76.70 after a combination of ETF-related buying, rising platform activity, and a wave of short liquidations pushed the asset through key resistance levels. According to data from crypto.
The cryptocurrency market lost approximately $440 billion in total capitalization over the last 30 days, with Bitcoin falling from $81,000 to a low of $59,000 recorded on June 5. Hyperliquid's share of the total volume of decentralized perpetual contract exchanges stands at 56.31%, compared to the 23% recorded at the beginning of the year.
While Bitcoin (BTC) hovered near $65,700 and the broader cryptocurrency market showed signs of cooling on Tuesday, several major altcoins continued to outperform. Hyperliquid (HYPE), Uniswap (UNI), and Worldcoin (WLD) posted impressive double-digit gains, extending rallies that have positioned them among the strongest-performing crypto assets of the week.
The rise of on-chain derivatives ETFs like BHYP signals a shift towards more integrated, risk-managed crypto investment strategies. Bitwise Hyperliquid ETF stakes over 1M HYPE tokens as Wall Street bets big on on-chain derivatives.
A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.