Hyperliquid (HYPE) — price, funding and open interest
HYPE/USDT perpetual on Binance · Hyperliquid · Bybit · OKX · Bitget · MEXC · Gate · Coinbase · BingX · KuCoin · Kraken · HTX: price 77.68, 24h turnover $2.8B. Updated in real time.
What this is
Exchange tokenThe token of Hyperliquid — a decentralised perpetuals exchange running on its own blockchain.
Chart
Chart built from data of Bybit
HYPE unlocks
Full unlock calendar →No upcoming unlocks scheduled.
Past unlocks: 16
HYPE buybacks & burns
All buybacks & burns →Sources: Hyperliquid Perps, Hyperliquid Spot Orderbook, Hyperliquid Outcomes, Hyperliquid L1. Only market buybacks and burns — fee payouts to holders are not included. Amounts are in dollars at that day's price.
What the data shows
HYPE trades at 77.68. Over 365 days it ranged between 20.45 and 98.02; the price now sits in the upper third of that range — 74% of the way from the yearly low to the high.
All-time high is 98.02 (September 2026); the price is 21% below it now.
24-hour turnover is $2.8B — percentile 100 for the year: noticeably busier than usual.
Open positions in HYPE are worth $3.3B. Over the past hour open interest rose by 0.02%. That is at percentile 98 over three weeks: more positions are open than usual.
The daily range is 10.3% and five-minute NATR is 0.21%. That range is at percentile 84 for the year — an unusually wide day.
Over the day -7.04%, over the hour -0.01%, over the last five minutes -0.05% — the move has only just started.
By turnover it ranks 13 of 2162 instruments in the screener.
Traded on 12 venues: Binance, Hyperliquid, Bybit, OKX, Bitget, MEXC, Gate, Coinbase, BingX, KuCoin, Kraken, HTX — the price is cross-checked across several sources.
Binance pays +0.0050% and Bybit +0.0100% — a gap of 0.0050 percentage points, higher on Bybit.
NATR is 0.09% on the minute and 1.37% on the hour — the move is choppy: within an hour price travels far and comes back.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — percentile 52 for the month.
HYPE correlation with Bitcoin over 24 hours is 0.76 — the coin closely follows the market.
By daily range it ranks 1145 of 2162.
Built from current numbers and the coin's own year of history. Updates with the data.
How HYPE behaved before
Tracked since December 2024 — 23 full months, and rising ones prevail: 15 of 23. Median month +8.1%.
Best month — May 2026: +81.6%. Worst — March 2025: -34.7%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
Kairo- Positions$3.3B in open positions — percentile 98 for the year: more leverage in HYPE than almost ever.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — exchange token. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.