After leading crypto ETF inflows in May and June, demand for Hyperliquid funds stalled in July and August as competition intensified, the bank said.
Hyperliquid closed the second quarter of 2026 with one of the strongest performances in the digital asset industry, according to its recent report.
Hyperliquid's fee strategy could boost revenue, impacting market sentiment and price predictions, contingent on stable trading volumes. Hyperliquid aims to double HIP-3 revenue with new fee controls.
Hyperliquid is strengthening its long-term outlook through buybacks, ecosystem upgrades, and growing protocol utility.
Hyperliquid (HYPE) is attempting to regain stability after suffering one of its steepest corrections of the year. Following a powerful rally that pushed the token above $75, HYPE experienced a nearly 30% decline over the past few weeks before finding strong support near the 200-day exponential moving average (EMA) at around $50.
Hyperliquid set a new record with more than $4.13 billion in open interest across its tokenized real-world asset markets, while daily trading volume surged 229% to $4.87 billion, reflecting growing demand for blockchain-based exposure to traditional financial assets.
Nine sessions were negative and three were flat, while cumulative reported flows remained positive at about $283 million.
Hyperliquid has recorded a new milestone, with open interest in traditional asset markets (HIP-3) surpassing $4.13 billion for the first time, according to Hyperscreener ASXN. Meanwhile, daily trading volume saw an extraordinary jump, soaring 229% to $4.87 billion and fully exceeding the amount of capital held on the platform.
HYPE price rose to $55.60 after defending the $51 support zone, with stronger capital inflows and a descending-channel breakout supporting the recovery. HYPE price rebounds from $51 support According to data from crypto.news, HYPE price traded around $55.
Hyperliquid's dominance in DEX volume highlights its market influence, yet mixed market sentiment suggests other factors temper optimism. Hyperliquid's july perpetual volume hits $218B, exceeding the other seven leading DEXs combined.
HYPE's performance now hinges on the protocol's next moves.
Hyperliquid strengthens its derivatives leadership as rising trading activity boosts protocol revenue and long-term value capture.