Hyperliquid price analysis

Latest read: 20 September 2026 · updated daily 06:00 UTC · 74 reports

Latest analysis

Hyperliquid Price Analysis, 20 September 2026: 24h Drop, 7-Day Momentum Still Positive

Hyperliquid is trading 3.8% below yesterday's all-time high after a 3% daily pullback. The seven-day gain remains a strong 14.93%.

Price: $93.1801
24h: +2.64%
7d: +16.61%
30d: +13.69%
vs ATH: -1.38%

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Last 30 days

20 Sept 2026Price action24h Drop, 7-Day Momentum Still Positive
Hyperliquid is trading 3.8% below yesterday's all-time high after a 3% daily pullback.
19 Sept 2026VolatilityCompressing After a 19% Weekly Surge
Hyperliquid posts an 8% daily gain yet shows a near-flat -0.27% hourly move, suggesting the rally is consolidating into a tighter range.
18 Sept 2026Cycle contextTrading Just 3% Below Its All-Time High
Hyperliquid trades at $86.76, a slim 3.2% below its all-time high of $89.60 set twelve days ago.
17 Sept 2026Market positionOutperforming Peers, Approaching ATH Retest
Hyperliquid's 2.39% daily gain leads most of the top 10, showing relative strength against Bitcoin and Ethereum.
16 Sept 2026Trend context24h Dip, 30-Day Uptrend Still Dominant
Hyperliquid trades at $77.40, down 2.64% over 24 hours and 9.10% over seven days, yet the 30-day gain of 31.14% keeps the broader trend positive.
15 Sept 2026Price actionMild Dip Masks Strong Monthly Momentum
Hyperliquid trades at $79.51, down 0.53% in 24 hours and 5.41% over the past week, yet a 39.50% 30-day gain keeps the broader uptrend clearly intact.
14 Sept 2026VolatilityCompression Signals After 30-Day Rally
Hyperliquid shows hourly and daily gains of under 1% and a 7.5% weekly decline, compressing into a tight range after a 41% monthly surge.
13 Sept 2026Cycle context11.7% Below ATH After 30-Day Rally
Hyperliquid trades at $79.08, sitting 11.7% below its all-time high of $89.60 set one week ago.
12 Sept 2026Market positionQuiet Day as Market Edges Higher
HYPE posted a near-flat 0.14% gain while most top-10 peers advanced between 0.64% and 5.86%, leaving it near the bottom of the day's leaderboard.
11 Sept 2026Volume & liquidityVolume Surge Behind 6% Dip Signals Conviction
Hyperliquid's 24-hour volume reached $1.16 billion against a 6.42% drop, producing a 5.9% turnover ratio that suggests active distribution.
10 Sept 2026Trend contextMulti-Timeframe Trend: 24h Dip, 30d Rally
Hyperliquid is down 1.2% today against a 52.1% 30-day surge, continuing a near-term pullback from its 6 September ATH.
9 Sept 2026Price actionRetreat From ATH, Weekly Momentum Holds
Hyperliquid trades at $85.14, down 5% from its September 6 all-time high of $89.60, but maintains a 2.67% weekly gain.
8 Sept 2026VolatilityTight Range After ATH Retreat
Hyperliquid trades at $84.07, compressing into a tight weekly range of just -0.26% after a 53.64% monthly surge.
7 Sept 2026Cycle context58% Monthly Surge, 1.9% Below Fresh ATH
Hyperliquid trades at $86.35, just 1.9% below its all-time high of $88.06 set four days ago.
6 Sept 2026Market positionOutpaces BTC, Trails Top 10 Meme Rally
Hyperliquid's 2.25% daily gain outperforms Bitcoin but lags the double-digit surges of Dogecoin and BNB, even as its 54.78% monthly climb dwarfs the broader…
5 Sept 2026Volume & liquidityTurnover Ratio Signals Cooling Conviction
Hyperliquid's 24-hour volume-to-market-cap ratio sits at 0.058, pointing to a notable slowdown in trading intensity as the token retreats 4.5% from its recent…
4 Sept 2026Trend contextFresh ATH, 30-Day Surge Holds Momentum
Hyperliquid ticked a new all-time high today at $87.26, sitting just 0.6% above the prior peak.
3 Sept 2026Holds Near ATH Despite Cooling Momentum
Hyperliquid's HYPE token trades at $82.15, just 5.3% below its late-August all-time high, though short-term momentum has softened with mild hourly and daily…
2 Sept 2026Tightens Below ATH
HYPE’s spread between 1h and 7d changes has narrowed to under 2%, signalling a compression phase just below its late-August all-time high.
1 Sept 2026Trades Within 3% of August ATH
HYPE sits just 2.8% below its all-time high of $86.71 reached five days ago, capping a 59.66% surge over 30 days while most major assets post single-digit…
31 Aug 2026Slips 2.9% as Top 10 Mixed
Hyperliquid trades at $80.53, down 2.88% over 24 hours, underperforming Bitcoin and Ethereum but holding a 54.43% gain over 30 days.
30 Aug 2026Volume-to-Cap at 4.2% Signals Selective
Hyperliquid's 24-hour turnover of 4.2% stands well above the large-cap average, suggesting concentrated participation despite modest price gains.
29 Aug 2026Momentum Cools as HYPE Retreats 2.5%
Hyperliquid's HYPE token retreats 5.9% from its August 27 all-time high despite a robust 50.88% 30-day gain, as multi-timeframe data points to a short-term…
28 Aug 2026Climbs to Fresh All-Time High
Hyperliquid reached a new all-time high of $83.53 today, extending its 7-day gain to 15.54% and 30-day surge to 54.30%.
27 Aug 2026Narrows Into Range Below ATH
Hyperliquid posted a 16.8% 7-day gain yet trades 2.6% below its record high, with 1-hour moves compressing below 0.1% and suggesting a tightening range…
26 Aug 2026Sits 2.1% Below ATH After 39% Weekly Surge
Hyperliquid trades at $81.52, just 2.1% below its all-time high of $83.27 set three days ago.
25 Aug 2026Flatlines at $80
Hyperliquid trades nearly flat on the day while Bitcoin and Solana post sharp gains, leaving HYPE as the weakest top-10 performer over 24 hours despite a…
24 Aug 2026Decoding the 4.2% Turnover Behind the Rally
Hyperliquid posts a $840M daily volume against a $20.14B market cap as price consolidates just below its all-time high.
23 Aug 2026Pulls Back 5.5% From ATH
HYPE retraces to $77.86 after tagging a fresh all-time high of $82.36, turning the 24-hour window negative while preserving strong multi-week gains.
22 Aug 2026Price Hits Fresh Highs
HYPE token trades at $82.26 after gaining 13.35% in 24 hours and 45.43% over seven days, pushing 7% above its previous June all-time high.

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Hyperliquid FAQ

What is Hyperliquid (HYPE)?

Hyperliquid (HYPE) is the native token of Hyperliquid, a decentralized exchange for perpetual futures. It operates on its own high-performance Layer 1 blockchain, designed for low-latency trading. The token is used for governance, staking, and paying trading fees on the platform.

How does Hyperliquid's technology work?

Hyperliquid runs on a custom Layer 1 blockchain optimized for order book trading. It uses a consensus mechanism that prioritizes speed and throughput, enabling near-instant settlement of perpetual contracts. The platform's architecture supports a fully on-chain order book, distinguishing it from many other DEXs that use automated market makers.

What is HYPE token used for?

HYPE serves multiple purposes within the Hyperliquid ecosystem. It is used for governance, allowing holders to vote on protocol upgrades and parameters. Additionally, HYPE can be staked to secure the network and earn rewards. It also functions as the fee currency, with discounts for using HYPE to pay trading fees.

How does Hyperliquid differ from other decentralized exchanges?

Unlike many DEXs that rely on automated market makers, Hyperliquid uses a fully on-chain central limit order book, similar to centralized exchanges. This design offers better price discovery and lower slippage for traders. Its dedicated Layer 1 blockchain provides high throughput and low latency, making it competitive with centralized platforms while retaining decentralization.

What is the current price of Hyperliquid?

Hyperliquid is currently priced at $93.18, up 2.64% in the last 24 hours. It is ranked #10 by market capitalization. Over the past 7 days, HYPE is up 16.61%.

What is Hyperliquid's market cap?

Hyperliquid has a market capitalization of $23.43B. The 24-hour trading volume is $848.55M, reflecting the total value of HYPE traded across all exchanges in the last day.

How many Hyperliquid coins are in circulation?

There are currently 251.44M HYPE in circulation. Hyperliquid has a maximum supply of 951.56M HYPE, meaning no more than this amount will ever exist.

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