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Hyperliquid Price
Hyperliquid price

Hyperliquid priceHYPE

Listed
Buy
$34.13USD
+3.73%1D
The price of Hyperliquid (HYPE) in United States Dollar is $34.13 USD.
Hyperliquid/USD live price chart (HYPE/USD)
Last updated as of 2026-02-04 17:59:26(UTC+0)

Hyperliquid market info

Price performance (24h)
24h
24h low $32.4224h high $35.46
All-time high (ATH):
$59.39
Price change (24h):
+3.73%
Price change (7D):
+4.32%
Price change (1Y):
+29.84%
Market ranking:
#12
Market cap:
$8,886,941,888.73
Fully diluted market cap:
$8,886,941,888.73
Volume (24h):
$818,426,398.71
Circulating supply:
260.36M HYPE
Max supply:
961.67M HYPE
Total supply:
959.08M HYPE
Circulation rate:
27%
Contracts:
0x0d01...b4011ec(Hyperliquid)
Links:
Buy/sell now

Live Hyperliquid price today in USD

The live Hyperliquid price today is $34.13 USD, with a current market cap of $8.89B. The Hyperliquid price is up by 3.73% in the last 24 hours, and the 24-hour trading volume is $818.43M. The HYPE/USD (Hyperliquid to USD) conversion rate is updated in real time.
How much is 1 Hyperliquid worth in United States Dollar?
As of now, the Hyperliquid (HYPE) price in United States Dollar is valued at $34.13 USD. You can buy 1HYPE for $34.13 now, you can buy 0.2930 HYPE for $10 now. In the last 24 hours, the highest HYPE to USD price is $35.46 USD, and the lowest HYPE to USD price is $32.42 USD.
AI analysis
Hyperliquid price performance summary for today

As an AI, I do not have access to real-time market data, especially for future dates like February 4, 2026. Therefore, I cannot provide a detailed analysis of Hyperliquid's specific price performance for 'today' (February 4, 2026) as that data is not yet available to me. My knowledge cutoff is also prior to this date, and I cannot predict future market movements or analyze events that have not yet occurred.

However, I can offer a comprehensive framework and discuss the general factors that would influence Hyperliquid's price performance on any given day, providing valuable insights for investors and observers. These factors are consistently relevant in the decentralized finance (DeFi) and cryptocurrency markets.

General Factors Affecting Hyperliquid Price Performance

1. Overall Cryptocurrency Market Sentiment: Hyperliquid, as a DeFi protocol, is inherently correlated with the broader cryptocurrency market. A bullish trend in Bitcoin (BTC) and Ethereum (ETH) often leads to positive sentiment across altcoins and DeFi tokens. Conversely, market downturns or significant FUD (Fear, Uncertainty, Doubt) can exert downward pressure on HLP (Hyperliquid Perpetual) or any associated governance/utility token's price. Macroeconomic factors like interest rate changes, inflation data, and global economic stability frequently drive this overarching market sentiment.

2. Hyperliquid's Platform Activity and Fundamentals:

  • Trading Volume: High trading volumes on the Hyperliquid platform indicate strong user engagement and liquidity. Increased volume often translates to higher fees generated by the protocol, which can positively impact the value proposition of its native token (if applicable, or the HLP token representing liquidity provision).
  • Total Value Locked (TVL): The amount of assets locked within Hyperliquid's smart contracts (e.g., liquidity pools, staking) is a critical metric. A growing TVL signifies trust in the platform's security and its ability to attract capital, often correlated with positive price movement.
  • User Growth: An increasing number of unique active traders and liquidity providers signals organic growth and adoption of the platform.
  • New Features and Development: The introduction of new trading pairs, improved user interfaces, enhanced security measures, or novel features (e.g., advanced order types, cross-chain capabilities) can drive excitement and attract new users, positively impacting the token's value.
  • Partnerships and Integrations: Strategic collaborations with other DeFi protocols, exchanges, or blockchain ecosystems can expand Hyperliquid's reach, utility, and liquidity, leading to increased demand.

3. Competition within Decentralized Perpetual Exchanges: Hyperliquid operates in a competitive landscape, vying with other decentralized perpetual platforms like dYdX, GMX, Kwenta, and Aevo. Its ability to innovate, offer competitive fees, provide deep liquidity, ensure robust security, and deliver a superior user experience directly impacts its market share and, consequently, its token's performance. News of significant developments or issues from competitors can also indirectly affect Hyperliquid's perception and price.

4. Tokenomics and Utility: If Hyperliquid has a native token (e.g., for governance, staking, fee discounts, or liquidity incentives), its tokenomics play a crucial role. Factors include:

  • Supply and Demand: The circulating supply, vesting schedules, and any token burn mechanisms directly influence scarcity.
  • Utility: The actual use cases of the token within the ecosystem (e.g., governance voting, staking rewards, fee reduction for traders, liquidity provider incentives) determine its intrinsic value and demand. Strong utility incentivizes holding and usage.
  • Staking and Emissions: The APY offered for staking and the rate of new token emissions can affect both supply and demand dynamics.

5. Regulatory Environment: Changes in cryptocurrency regulations globally or in key jurisdictions can significantly impact DeFi protocols. Positive regulatory clarity can foster institutional adoption, while restrictive measures or outright bans can create uncertainty and drive prices down. Hyperliquid's compliance efforts and stance on evolving regulatory frameworks are important considerations.

6. Security Audits and Incident Reports: Security is paramount in DeFi. Regular, successful security audits provide confidence, while any reported exploits, hacks, or vulnerabilities (even in other protocols, leading to contagion fear) can severely damage trust and negatively affect the token's price. Hyperliquid's track record and proactive security measures are vital.

7. Community Engagement and Social Sentiment: A strong, active, and supportive community on platforms like X (formerly Twitter), Discord, and Telegram can significantly influence perception and adoption. Positive sentiment, influencer endorsements, and viral narratives can create momentum, while negative sentiment or widespread criticism can have the opposite effect.

Conclusion

While a specific 'today's' price analysis for February 4, 2026, is beyond my current capabilities, understanding the interplay of these fundamental, technical, market, and external factors is crucial for any investor or observer of Hyperliquid. Monitoring Hyperliquid's on-chain metrics, development progress, competitive standing, and the broader crypto market will always be key to forming an informed opinion on its price performance. Future price movements will depend on how these dynamic factors evolve over time.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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Do you think the price of Hyperliquid will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Hyperliquid's price trend and should not be considered investment advice.
The following information is included:Hyperliquid price prediction, Hyperliquid project introduction, development history, and more. Keep reading to gain a deeper understanding of Hyperliquid.

Hyperliquid price prediction

When is a good time to buy HYPE? Should I buy or sell HYPE now?

When deciding whether to buy or sell HYPE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget HYPE technical analysis can provide you with a reference for trading.
According to the HYPE 4h technical analysis, the trading signal is Buy.
According to the HYPE 1d technical analysis, the trading signal is Strong buy.
According to the HYPE 1w technical analysis, the trading signal is Buy.

What will the price of HYPE be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Hyperliquid(HYPE) is expected to reach $35.53; based on the predicted price for this year, the cumulative return on investment of investing and holding Hyperliquid until the end of 2027 will reach +5%. For more details, check out the Hyperliquid price predictions for 2026, 2027, 2030-2050.

What will the price of HYPE be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Hyperliquid(HYPE) is expected to reach $41.13; based on the predicted price for this year, the cumulative return on investment of investing and holding Hyperliquid until the end of 2030 will reach 21.55%. For more details, check out the Hyperliquid price predictions for 2026, 2027, 2030-2050.

About Hyperliquid (HYPE)

What Is Hyperliquid?

Hyperliquid is a decentralized perpetual exchange (DEX) built on a high-performance Layer 1 (L1) blockchain. Designed to meet the demands of modern decentralized finance (DeFi), Hyperliquid focuses on offering a seamless, transparent, and secure platform for trading perpetual contracts. Unlike many other decentralized exchanges, Hyperliquid operates a fully on-chain order book, providing real-time and transparent trading of digital assets with minimal latency.

Hyperliquid aims to solve several challenges that exist within the DeFi space, such as poor market infrastructure, inefficient order matching, and high latency. By leveraging cutting-edge blockchain technology, Hyperliquid enables traders to execute complex strategies while benefiting from the security and transparency of a decentralized system.

How Does Hyperliquid Work?

At its core, Hyperliquid is built around a high-speed Layer 1 blockchain optimized for derivatives trading, specifically perpetual contracts. It uses a custom-built consensus algorithm called HyperBFT to achieve low-latency, high-throughput transaction processing. This algorithm ensures that trades, orders, and liquidations are executed in real-time, with each transaction occurring transparently on-chain.

  1. Perpetual Order Book DEX

The flagship product of Hyperliquid is its on-chain perpetual order book exchange. Unlike other decentralized exchanges that rely on automated market makers (AMMs), Hyperliquid uses a traditional order book system where traders can place bids and asks for various assets. This design mimics the familiar trading experience of centralized exchanges, making it appealing to both retail traders and professional market participants.

Every order, cancellation, and trade is executed on-chain, ensuring full transparency. The platform currently supports up to 100,000 orders per second, with plans to scale this as needed. Orders are matched based on price-time priority, ensuring fair execution for all participants.

  1. Clearinghouse and Margining System

Hyperliquid operates with a decentralized clearinghouse that manages users' margin balances and positions. The platform supports both cross-margin and isolated-margin trading modes. Cross-margin allows traders to share collateral across multiple positions, while isolated margin dedicates specific collateral to individual positions, reducing liquidation risk for other open trades.

  1. Oracle and Pricing Mechanism

To ensure accurate pricing and margin calculations, Hyperliquid relies on a decentralized oracle system. Validators on the network publish spot prices from major cryptocurrency exchanges like Binance, OKX, and Bybit every three seconds. These prices are then used to calculate funding rates, manage margin levels, and trigger liquidation events. This decentralized price feed helps maintain the integrity of the platform and reduces the risk of manipulation.

  1. Bridge and Interoperability

Hyperliquid includes an Ethereum Virtual Machine (EVM) bridge, allowing users to transfer assets between Ethereum-based networks and the Hyperliquid L1. The bridge is secured by the same validator set that operates the L1, and it ensures safe transfers of assets like USDC and ETH across chains. Users can deposit or withdraw funds using the bridge, which is designed to handle high transaction volumes securely and efficiently.

  1. API and Developer Tools

Hyperliquid provides a set of API servers that allow developers and traders to integrate automated trading strategies. These APIs are permissionless and offer both REST and WebSocket services. Traders can use these APIs to execute complex trading algorithms, while developers can create custom tools and dashboards to interact with the platform.

  1. Vaults and Liquidity Provision

Vaults are another core feature of Hyperliquid, allowing users to participate in liquidity provision and earn a share of trading profits. Vaults are flexible and can be managed by individuals or automated systems. The most prominent vault is the Hyperliquidity Provider (HLP), which enables community members to participate in market-making and liquidation strategies typically reserved for large institutions. Vaults have lock-up periods, and depositors earn a portion of the profits based on their contributions.

  1. Native Token Standards and Hyperliquidity

Hyperliquid also features its own native token standard (HIP-1), which allows for the creation of capped-supply tokens that can be traded on the platform’s order books. Additionally, HIP-2 introduces a decentralized liquidity provisioning system known as Hyperliquidity, which automates liquidity provision for new tokens, ensuring deep order book liquidity even during the early stages of price discovery.

Conclusion

Hyperliquid is a decentralized perpetual exchange designed to meet the high demands of DeFi traders. By operating a high-performance Layer 1 blockchain, it provides a fast, transparent, and secure trading environment for perpetual contracts. With a comprehensive margining system, decentralized oracles, and tools for liquidity provision, Hyperliquid is positioning itself as a key player in the evolving landscape of decentralized finance.




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Bitget Insights

Crypto_EyE
Crypto_EyE
1h
📊 $HYPE – Liquidation Map (7D) – Index ~33.61 🔎 Quick read • Long-liq below: 33.39–32.69 → 32.69–32.44 → 32.44–32.19 → 32.19–31.94 → 31.69–31.44 → 31.44–31.19 → 30.89–30.64 → 30.39–30.14 → (deeper) 30.14–29.89 → 29.64–29.39 → 29.39–29.09. • Short-liq above: 34.34–34.59 → 34.59–34.84 → 34.84–35.09 → 35.39–35.74 → 35.74–36.04 → 36.04–36.29 → 36.54–36.79 → 36.79–37.04 → (further) 37.39–37.69. • Thin zone near price: 33.39–34.00. 🧭 Higher-probability path (tilts bullish if pivot holds) Hold/reclaim 33.39–34.00 → squeeze shorts through 34.34–34.84 → 35.39–35.74 → 36.54–36.79; if momentum stays strong, extension can reach 36.79–37.04 and then 37.39–37.69. 🔁 Alternate path (bearish if pivot breaks) Lose 33.39–34.00 → drawdown into 33.39–32.69 → 32.44–31.94 → 31.69–31.19; deeper taps may reach 30.14–29.89 and then 29.39–29.09. 📌 Navigation levels • Pivot: 33.39–34.00 • Bull confirmation: solid close above 36.54–36.79 (preferred 36.79–37.04) • Reaction supports: 33.39–32.69; 32.44–31.94; 31.69–31.19 (deeper: 30.14–29.89; 29.39–29.09) • Nearby resistances: 34.34–34.84; 35.39–35.74; 36.04–36.29 (further: 36.54–36.79; 36.79–37.04; 37.39–37.69) ⚠️ Risk notes • Favor break/pullback setups around the pivot with tight invalidation since liquidity near price is thin and two-way wicks are likely. • Above 36.8–37.0, consider trailing as overhead liquidity thins out and ranges can expand quickly. #TradingSetup #CryptoInsights
HYPE+5.38%
ScalpingX
ScalpingX
1h
📊 $HYPE – Liquidation Map (7D) – Index ~33.61 🔎 Quick read • Long-liq below: 33.39–32.69 → 32.69–32.44 → 32.44–32.19 → 32.19–31.94 → 31.69–31.44 → 31.44–31.19 → 30.89–30.64 → 30.39–30.14 → (deeper) 30.14–29.89 → 29.64–29.39 → 29.39–29.09. • Short-liq above: 34.34–34.59 → 34.59–34.84 → 34.84–35.09 → 35.39–35.74 → 35.74–36.04 → 36.04–36.29 → 36.54–36.79 → 36.79–37.04 → (further) 37.39–37.69. • Thin zone near price: 33.39–34.00. 🧭 Higher-probability path (tilts bullish if pivot holds) Hold/reclaim 33.39–34.00 → squeeze shorts through 34.34–34.84 → 35.39–35.74 → 36.54–36.79; if momentum stays strong, extension can reach 36.79–37.04 and then 37.39–37.69. 🔁 Alternate path (bearish if pivot breaks) Lose 33.39–34.00 → drawdown into 33.39–32.69 → 32.44–31.94 → 31.69–31.19; deeper taps may reach 30.14–29.89 and then 29.39–29.09. 📌 Navigation levels • Pivot: 33.39–34.00 • Bull confirmation: solid close above 36.54–36.79 (preferred 36.79–37.04) • Reaction supports: 33.39–32.69; 32.44–31.94; 31.69–31.19 (deeper: 30.14–29.89; 29.39–29.09) • Nearby resistances: 34.34–34.84; 35.39–35.74; 36.04–36.29 (further: 36.54–36.79; 36.79–37.04; 37.39–37.69) ⚠️ Risk notes • Favor break/pullback setups around the pivot with tight invalidation since liquidity near price is thin and two-way wicks are likely. • Above 36.8–37.0, consider trailing as overhead liquidity thins out and ranges can expand quickly. #TradingSetup #CryptoInsights
HYPE+5.38%
oxAlan
oxAlan
3h
$HYPE showing sharp sell off into key demand. Liquidity has been cleared with buyers starting to defend the range. EP 32.60 – 33.20 TP TP1 34.00 TP2 35.50 TP3 37.80 SL 31.90 Price flushed below 32.6 to take downside liquidity and reacted immediately from demand. As long as this base holds, upside liquidity toward the prior range highs remains the objective with structure favoring a rebound. Let’s go $HYPE
HYPE+5.38%
BIGWhale📈🐋🚀
BIGWhale📈🐋🚀
9h
Sell $HYPE 👉 Buy $PLANCK Going to the Moon 🤑🚀
PLANCK0.00%
HYPE+5.38%

HYPE/USD price calculator

HYPE
USD
1 HYPE = 34.13 USD. The current price of converting 1 Hyperliquid (HYPE) to USD is 34.13. This rate is for reference only.
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HYPE resources

Hyperliquid rating
4.5
105 ratings
Contracts:
0x0d01...b4011ec(Hyperliquid)
Links:

What can you do with cryptos like Hyperliquid (HYPE)?

Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

How do I buy Hyperliquid?

Learn how to get your first Hyperliquid in minutes.
See the tutorial

How do I sell Hyperliquid?

Learn how to cash out your Hyperliquid in minutes.
See the tutorial

What is Hyperliquid and how does Hyperliquid work?

Hyperliquid is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Hyperliquid without the need for centralized authority like banks, financial institutions, or other intermediaries.
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FAQ

What factors influence the price of Hyperliquid?

The price of Hyperliquid is influenced by various factors including market demand, trading volume, macroeconomic conditions, and developments within the Hyperliquid ecosystem.

Where can I buy Hyperliquid?

You can buy Hyperliquid on several exchanges, including Bitget Exchange, which offers a straightforward platform for trading.

Has Hyperliquid's price been volatile recently?

Yes, Hyperliquid's price has experienced volatility, typical for cryptocurrencies, with fluctuations influenced by market trends and investor sentiment.

What is the current price of Hyperliquid?

The current price of Hyperliquid can be found by checking real-time data on trading platforms like Bitget Exchange.

What is the price prediction for Hyperliquid in the next year?

Price predictions for Hyperliquid vary among analysts, but many suggest that continued innovation and adoption may lead to growth over the next year.

How does Hyperliquid's price compare to other cryptocurrencies?

Hyperliquid's price can be compared to other cryptocurrencies by examining market capitalization and trading volumes on exchanges like Bitget Exchange.

What are the best times to trade Hyperliquid for profit?

The best times to trade Hyperliquid for profit often align with periods of high trading volume and favorable market news, which can be tracked on platforms like Bitget Exchange.

Is it a good time to invest in Hyperliquid?

Whether it's a good time to invest in Hyperliquid depends on your investment strategy and market conditions. It's crucial to conduct thorough research and assess current trends.

What are the risks of investing in Hyperliquid?

Investing in Hyperliquid carries risks like market volatility, regulatory changes, and project development uncertainties, which are common in the cryptocurrency space.

How do I track the price of Hyperliquid?

You can easily track the price of Hyperliquid using cryptocurrency market aggregators or directly on exchanges like Bitget Exchange, which provide real-time updates.

What is the current price of Hyperliquid?

The live price of Hyperliquid is $34.13 per (HYPE/USD) with a current market cap of $8,886,941,888.73 USD. Hyperliquid's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Hyperliquid's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Hyperliquid?

Over the last 24 hours, the trading volume of Hyperliquid is $818.43M.

What is the all-time high of Hyperliquid?

The all-time high of Hyperliquid is $59.39. This all-time high is highest price for Hyperliquid since it was launched.

Can I buy Hyperliquid on Bitget?

Yes, Hyperliquid is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy hyperliquid guide.

Can I get a steady income from investing in Hyperliquid?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Hyperliquid with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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Cryptocurrency investments, including buying Hyperliquid online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Hyperliquid, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Hyperliquid purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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